Consensus Attacks: A Deep-dive
Where centralized systems operate on the basis of centralized permission, blockchain protocols proceed on the basis of decentralized consensus. While this...
Cyber-Attack Strategies in the Blockchain Era - A Framework for Categorizing the Emerging Threats to the Crypto Economy
Market attacks
Rely on the mass-manipulation of investors...
The utopian view of the blockchain as an unhackable alternative to the status quo is a pipedream. Many traditional cyberattacks are effective in a...
One attacker and hundreds of copycats looted the Nomad bridge for over $190 million; few did the right thing.
Decentralization is a hot-button topic in...
This article concludes our four-part series on the basic differences between traditional IT security and blockchain security. Previous articles discussed the security differences critical...
Around $170M worth of cryptocurrency was allegedly stolen from an obscure Italian crypto exchange called BitGrail in 2018; it’s still unclear exactly how or...
The biggest crypto heist in history at the time it occurred in 2018 was an eye-opener for many reasons, not least of which for...
Blockchain is a rapidly-evolving technology with a great deal of interest and investment. Decentralized Finance (DeFi), in particular, has a great deal of money...
Proving knowledge of a secret is the basis of password-based authentication systems. The assumption is that only you know your password. If this is...
What Are Blockchains Layers 0, 1, and 2?
A blockchain is a complex, multi-layered system. Bitcoin, the original blockchain, maintained a distributed and decentralized digital...
Understanding how flash loans and governance work in DeFi to demystify the Beanstalk Farms Hack
The only way to understand how the Beanstalk Farms decentralized...
Recent events like the FTX meltdown have sparked interest and conversations about how the incident could have been prevented. In the case of FTX,...
Code reuse is considered best practice in software engineering. Reusing high-quality, secure code can speed development processes and often results in higher-quality code than...
A missing pile of Safemoon and other cryptocurrencies, accusations of broken promises, and then nothing.
When a high-profile cyber attack takes place and hundreds of...
Annualized data from blockchain forensics provider Chainalysis indicates that crypto-enabled crime has dropped precipitously through the first half of 2023, but cybercriminals are also...