The Russian invasion of Ukraine has dramatically affected everyone in this country. Millions of refugees, regular missile attacks targeting critical infrastructure, destruction of industrial facilities, heavy bombardments of large cities, and the unprecedented scope of cyberattacks are the reality in Ukraine today. Nevertheless, Ukraine is firmly beating Russia on the battlefields, and the country’s economy
In 2021 alone, hackers stole almost $14 billion worth of crypto, nearly twice the amount stolen in 2020. A significant percentage of the stolen funds was related to phishing attacks. In this article: What’s behind a phishing scam, what are their forms, and how can businesses protect themselves? Phishing Attack Types 1 Spear Phishing Spear
The Bitcoin fever is a real magnet for thieves who come up with many ways to steal crypto. It turns out that Bitcoin stealers target not only big companies but individual users with modest amounts in their crypto wallets. Chainalysis recently revealed that $3.8 billion of crypto assets were stolen in 2022, an increase of 15%
The article by Hacken’s Smart Contract Auditor on the most common smart contract vulnerabilities & how to prevent them.
Big Idea Definition:Penetration Testing is a proactive cybersecurity measure aimed at identifying internal and external vulnerabilities of a software application by trying to breach existing security controls. What’s so special about Penetration Testing?Penetration Testing follows the steps of a potential attacker but does not deal any harm. Main benefit: Penetration Testing is proactive rather than
Recently, many crypto platforms have banned or limited the withdrawal of funds for their users. They attribute these limitations to the bear market and extreme market conditions. We will look at notable examples of suspension and consider the implications for crypto traders. Platforms that introduced withdrawals bans or limits CoinLoan, a crypto lending platform, has
Threat modeling entails systematically analyzing a system’s architecture to detect potential vulnerabilities before they reveal themselves, and assess their severity level. First described by Loren Kohnfelder and Praerit Garg in 1999, the threat modeling process was initially based on the notion of attack trees. The latter is an intuitive aid for analyzing security weaknesses in
Smart Contracts are the foundation for the world of decentralized applications. These self-executing contracts are made up of code that initiates one or a series of functions when specific pre-defined parameters are satisfied. Once deployed, they are designed to be autonomous, eliminating the need for a middleman or centralized infrastructure. As a component created on
What are smart contracts? Smart contracts are digital contracts that automatically execute financial transactions once specific terms and conditions are met. Smart contracts make up the foundation of decentralized finance. The significant benefits of smart contracts are speed, efficiency, accuracy, trust, transparency, security, and savings. Most transactions on the blockchain utilize smart contracts. Smart contract
