From 2012 to the present, over $30 billion in crypto has been hacked in 1,101 documented incidents, a July 7 report from SlowMist has revealed. According to the blockchain security firm, the…
Category: Crypto
Lightning Labs releases tools letting AI transact and hold Bitcoin
Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution. On July 6, Lightning Labs…
Centralization of Mining Power: The Risks and Implications
Cryptocurrencies, such as Bitcoin, have gained significant traction in recent years, attracting both enthusiasts and investors. The mining process is fundamental to the functioning of these digital currencies. However, the concentration of…
The Governance Implications of Ethereum’s Transition to Proof-of-Stake (PoS)
Ethereum, the world’s second-largest cryptocurrency platform, is undergoing a significant transition from its current consensus mechanism, Proof-of-Work (PoW), to a more energy-efficient and secure mechanism called Proof-of-Stake (PoS). This transition holds profound…
Discover the MACD Strategies in Crypto Trading
In the world of cryptocurrency trading, investors and traders are constantly looking for effective strategies to maximize their profits and minimize risks. One popular technical analysis tool used in cryptocurrency trading is…
Protecting Against Phishing and Social Engineering Attacks in Crypto
Cryptocurrencies have gained significant popularity in recent years, revolutionizing the way we transact and store value online. However, this rise in popularity has also attracted the attention of malicious actors seeking to…
How to Set Up a Crypto Wallet and Create a Backup
Cryptocurrencies have become increasingly popular as an investment and payment option. While the blockchain technology behind cryptocurrencies is secure, it is important to have a secure place to store your digital assets….
Stablecoins : Reducing Transaction Costs and Improving Transaction Speed
Stablecoins are digital currencies that are designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. While stablecoins were initially developed for use in the cryptocurrency…
What is a Cold Wallet in Cryptocurrency and How Does it Work?
Introduction A cold wallet is a type of cryptocurrency wallet that is used to store crypto assets offline. This is in contrast to a hot wallet, which is connected to the internet…
CryoSeed’s Cold Wallet Backup: A Time Capsule for Your Seed Phrase
In today’s digital world, the security of one’s financial assets is of utmost importance. With the increasing number of cyber-attacks and data breaches, it is imperative that we take necessary measures to…