Security

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Washington Utility Increases Security Amid Crypto Mining Moratorium

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A utility provider in Washington has ramped up security measures in anticipation of backlash in response to a moratorium recently placed on cryptocurrency miners by the company. Despite the measures, the company has not experienced a single incident requiring police assistance. Also Read: Ripple Sued for Alleged Violations of US Securities Laws Washington Utility Fears Backlash … Read more

Tempers Flare at Milken Institute Cryptocurrency Conference

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Tempers flared during a cryptocurrency panel hosted at the Milken Institute 21st Global Conference, in Beverly Hills, California with discussions degenerating to profanity as Nouriel Roubini, also known as ‘Dr. Doom,’ described bitcoin’s purported decentralization as “bullshit.” In addition to the comedy of Mr. Roubini, the United States Commodity Futures Trading Commission (CFTC) chairman offered … Read more

On a ‘Mining’ Mission to Destroy: What You Need to Know

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The Hack Heard ‘Round The Net “I’m fairly knowledgeable in blockchain and have a lot of exposure in the space,” says Michael Fauscette, the chief research officer at G2 Crows, a platform and community where people connect and share experiences about business software. Having spent over ten years as an executive and senior analyst at … Read more

Security for the Blockchain: Exclusive Interview with Trail of Bits Founder and CEO Dan Guido

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Too often, we’ve made incorrect assumptions about our security. Fraudulent charges are covered by our credit card protections, while the FDIC protects our bank accounts. When the entire financial system collapsed mostly due to the subprime mortgage lending industry, we assumed we’d be okay again, and the government bailed out the banks. We should never … Read more

How to Protect Yourself Against DNS Attacks When Using Cryptocurrency

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DNS attacks can manifest themselves in many ways, all targeted against the Domain Name System that connects the internet. At best they’re an inconvenience, knocking websites offline or preventing access, and at worst they’re costly, as this week’s $150,000 Myetherwallet hijack demonstrated. When you’re interacting in the crypto space, here are a few ways to … Read more

Exchanges Suspend ERC20 Token Deposits After Discovery of Smart Contract Bug

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Ethereum’s smart contract bugs just keep on coming. Exchanges including Okex, Poloniex, Coinone, and Hitbtc today suspended deposits of ERC20 tokens following the discovery of a batch overflow bug written into the smart contracts governing numerous coins. The news comes in the same week that the ethereum community voted against restoring the lost ether that … Read more