There is a lot of potential for growth and opportunity in the area of decentralized finance, explains the CEO of HyperChain Capita. Its CEO is Stelian Balta. They were quoted as saying that decentralized finance, also called DeFi, has a huge opportunity for growth. They also said that digital currencies…
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99Crypto
Avaddon Ransomware: What You Need To Know And How To Protect Yourself
On July 3, the Microsoft Security Intelligence sent out an alert to its users. A type of ransomware by the name of Avaddon was sent through malicious emails. It uses Excel 4.0 macros. The emails include an attachment that sets up an attack when opened in any of the…
The Massive EncroChat Takedown Spells Trouble for Encrypted Communication Networks
Hundreds of suspected drug traffickers, arms smugglers, and money laundering couriers were arrested in various European countries this week after French police took down the EncroChat network. According to news reports from the British Broadcasting Company, more than 10,000 EncroChat users appear to reside in the United Kingdom, but…
Bitcoin Robbery in Russia - Questioning the Legality of Cryptocurrency
On the final day of June, a criminal court in Russia issued a decision that questions the definition and legal status of cryptocurrencies in that country. The case in question involved the theft of 100 Bitcoin tokens, but the victim was ultimately not entitled to restitution because the court did…
How Blockchain Technology Is Helping During the COVID-19 Pandemic
The coronavirus pandemic of 2020 has underscored the useful application of blockchain technology for contact tracing and medical records management, but the People's Republic of China is already a step ahead and thinking about what could be another major outbreak or even a new pandemic. According to a…
The Lightning Network Might Be Exploited For Thieves To Steal Bitcoin
A research paper published on the Medium online content platform details how the Lightning network, which was developed to improve Bitcoin payments, could be exploited with an attack that would enable thieves to subtract tokens flagged for transactions. The systemic attack was simulated by Aviv Zohar and Jona Harris from…