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
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
What is a penetration test? A penetration test (ethical hacking) can be defined as an authorized cyberattack launched as part of a security audit to look at the system from a hacker’s perspective. Pentest reports are used to remediate discovered vulnerabilities to secure the system controls. Black Box Testing Also called “trial and error”, this
Not all influences are created equal. Some provide accurate and insightful information, while others deceive their readers. Unfortunately, some influencers show little integrity and may do more harm than good. The Qanon-linked scams mentioned in this article are dangerous because unsuspecting victims transfer their finances into scammers’ accounts while believing they are investing in the
PoW and PoS are the most popular consensus mechanisms used in the blockchain. This article will explain the consensus mechanism, describe PoS and PoW, and explain their differences. Consensus Mechanism Proof of work (PoW) and proof of stake (PoS) are the two most widespread consensus mechanisms in the blockchain. A consensus mechanism is a method
After endless rounds of prototyping, you might think that your iOS app is finally ready to be taken off the ground to start creating optimal user experiences. What about vulnerabilities? Whatever it takes, you need to make sure that no bad actor will be able to harvest user-sensitive data through your app. Have your iOS
Blockchain engineer salary and how to become a blockchain engineer? Who is a blockchain engineer? A blockchain software engineer is a person in charge of developing and implementing blockchain technology in Web 3.0 projects. Their primary responsibility is to create/maintain a system connecting their organization’s assets with a public ledger. Blockchain engineers analyze their company’s
Web Application Security, or Web AppSec in short, is one of the most widely used jargons in the cybersecurity industry for a very good reason. However, to understand why the tech community is so concerned about web application security, we must take a step back and look at how the present world functions. Today, we
