Cryptocurrency Analysis and News Portal
There are several levels at which hardware wallets can be attacked, Bakkum explained in his presentation, which repeated points made in a company blog post from October: Attacks on the communication layer (meaning, the protocol connecting a wallet to a laptop, be it USB port, QR code or SD card,
Read More
On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer, Mudit Gupta, the Horizon bridge attacker allegedly took control
Read More
Security has always been of utmost priority in the crypto space. To reinforce security, multisig or multisignature is the widely accepted standard in crypto. Multisig refers to a method of transaction in which two or more signatures are required to sign off before the transaction can be executed. Rather than
Read More
The RIF Multisig is the first-ever multisig crypto storage solution designed for RSK and the Bitcoin DeFi ecosystem.The RIF Multisig project, whose objective is to provide a safe and simple solution to cryptocurrencies wallets creation, has made its debut by IOV Lab’s unveiling it as its partners. RIF Multisig is
Read More
The RIF Multisig – which includes the RIF Savings and Vault – offers the RSK community a safe and simple solution to create wallets that require multiple signatures to transact their funds. IOV Labs Unveils RIF Multisig With the RIF Multisig, users can choose the number of keys that are allowed to
Read More
In traditional business, “key person risk” refers to when a company relies too much on one individual to succeed. Cryptocurrency businesses are prone to a very literal version of this risk when handling funds. The most infamous example may be QuadrigaCX, whose customers have been waiting nearly 3 years to
Read More
When Bitcoin SV (BSV) forked from Bitcoin Cash, its mandate to create a faster, payments-focused blockchain required gutting some of Bitcoin’s key technical features. In doing so, it gutted some of Bitcoin’s key features; now, it’s worse off for it.One of these features, the so-called pay-to-script hash (P2SH) function, allows a
Read More
With Bitcoin’s long-awaited Taproot upgrade on the horizon, the engineers at Blockstream are working on a new scheme to improve multi-signature transactions. These transactions, which require signatures from more than one private key to authorize spends, will stand to benefit from Taproot. This upgrade implements Schnorr signatures into Bitcoin’s codebase, a
Read More