The Hong Kong-based group documented its reproduction of the hack on its a tech and security oriented blog, seeking insights into Web3’s attack surface spectrum.
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Category: private keys
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Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers […]Powered by WPeMatico
Crypto winter teaches tough lessons about custody and taking control
Many agree that digital assets should be held in hard wallets, but recent actions in the EU and the U.S. may make that more difficult, not easier.
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What is a seed phrase and why is it important?
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up.
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Millions of dollars in ETH lie unclaimed in presale wallets — but there’s a way to get them back
Did you know that over 500 Ethereum presale wallets are yet to be recovered… and collectively, they have a value of several billion dollars?
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Organizations look toward multiparty computation to advance Web3
Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it?
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Velodrome recovers $350K stolen funds from team member Gabagool
While many community members came in support of the prominent coder, Gabagool owned up to the allegations made against him following Velodrome’s investigation.
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Self-custody isn’t for everyone: WisdomTree exec on ‘be your own bank’
As self-custody puts a lot of responsibility on a user, many may find self-custody way too uncomfortable or too hard to handle.
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The worst places to keep your crypto wallet seed phrase
A look at the best practices and worst hiding places for what could be the most important and wealthy possession in a home: a seed phrase.
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Keys lost in the Vauld: Singapore crypto exchange freezes withdrawals
Not your keys, not your coins. Crypto CeFi lender Vauld has suspended “all withdrawals, trading and deposits.”
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