The CEO thinks his company will be just fine, even in this hypothetical scenario. Ripple CEO Brad Garlinghouse believes his company can still thrive under a hypothetical scenario where XRP is declared a security by United States lawmakers. Appearing on episode 439 of the Pomp Podcast, Garlinghouse talked about the implications of XRP being declared a security by the U.S. […]
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Tag: security
Brave Browser Brings New Level of Security to iOS users
Brave Browser takes the security and privacy of iPhones and iPads to the next level by partnering with Guardian, provider of VPN and Firewall services. July 27, Brave Software partners with Guardian to bring greater levels of security and privacy to the iPhone and iPad users. This partnership will combine the privacy stack of the […]
Bitcoin Kicks Off 2020 More Secure Than Ever as Hash Rate Hits Record
Bitcoin (BTC) has already hit a new record in 2020 as the cryptocurrency’s network hash rate once again topped previous all-time highs, the Cointelegraph reported. Data from multiple monitoring resources including Blockchain and Coin Dance confirmed hash rate was higher than ever on the first day of the new year. Estimates point to an all-time high for BTC network […]
VeChain Loses $6.6M in VET Tokens to Hacker in Attack on Buyback Wallet
VeChain Foundation’s wallet has been compromised in a hacker attack targeting funds earmarked for the foundation’s buyback program. Per a VeChain Foundation announcement on Dec. 13, an unknown hacker has redirected 1.1 billion VET tokens — valued at approximately $6,600,000 at press time — from the VeChain Foundation’s buyback wallet to a personal wallet address. Security breach is likely […]
Binance CEO: New Wallet Security Solution ‘Far Superior’ to Multi-Sig
The CEO of Binance claims that a newly open-sourced solution for wallet providers and custodians is “far superior” to multi-sig security and will reshape the industry. In a tweet published on Nov. 6, Changpeng Zhao linked to a new open-source release from Binance, declaring: Unlike multi-sig, TSS is implemented off-chain Binance has today released an open-source implementation […]
PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin
After the proof-of-stake (PoS) consensus algorithm will be implemented in Ethereum’s (ETH) blockchain, it would become more secure and costly to attack than Bitcoin (BTC), co-founder Vitalik Buterin has stated. Buterin has voiced this opinion during Devcon 5, the Ethereum developers conference that took place in Osaka on Oct. 8–11. He specifically noted that — after the […]
Dash Releases Upgrade In Response to Newly Exposed Vulnerabilities
Dash has released Dash Core v0.14.0.3, a new version of the wallet and P2P client for its cryptocurrency DASH in light of recent transaction spikes on its mainnet. Security upgrade Dash Core announced the news in an official blog post on Aug. 15. According to the announcement, Dash was hit with either an external stress test or attack on […]
Monero Discloses Bug Allowing XMR to be Stolen from Exchanges
Several security vulnerabilities have been disclosed by Monero, including one that could have been exploited to steal xmr from exchanges, reports on the breach disclosure platform HackerOne revealed on July 3. The vulnerability theoretically enabled attackers to send counterfeit xmr to an exchange. Once the fraudster’s account was credited, they could then convert it into other coins and make a withdrawal, leaving the exchange out of […]
TRON Announces MainNet Upgrade Designed to Enhance Security and Convenience
Odyssey, the mainnet for the blockchain-based platform TRON, will be upgraded to version 3.6 soon, according to an official blog post by the TRON Foundation on June 18. The TRON network aims to be a platform for creating entertainment-focused decentralized applications (DApps). As stated in the post, developers can create DApps on both the TRON protocol as well as […]
MIT Professor Claims Blockchain Technology Is Not as Secure as Claimed
A professor at the Massachusetts Institute of Technology (MIT) says that blockchains are not as secure as they are purported to be in an editorial in the Wall Street Journal (WSJ) on June 6. Stuart Madnick — the John Norris Maguire Professor of Information Technologies at the MIT Sloan School of Management and the Founding Director of the Cybersecurity […]