Cold storage is a crucial method for securing digital assets, protecting them from online threats. By keeping cryptocurrencies offline, users can safeguard their investments against hacks and theft. This guide explores best practices for effective cold storage.
Polymarket is facing a critical challenge as a rogue actor infiltrates its ecosystem, becoming a top-5 token staker and launching a UMA governance attack. The incident raises concerns about security and governance within decentralized platforms.
In a swift response to recent events, Bybit has made headlines with a staggering $742 million acquisition of Ethereum. This bold move comes on the heels of a $1.4 billion hack, raising questions about the exchange’s strategy for damage control and investor confidence.
BlockSec has launched Phalcon 2.0, a groundbreaking platform designed to enhance hack prevention and bolster protocol security. With advanced features and proactive measures, this update marks a significant step forward in safeguarding digital ecosystems.
Bitcoin’s New Possible Move
Analysts are speculating about a potential new move for Bitcoin. After a period of consolidation, the cryptocurrency could be poised for a breakout. Technical indicators suggest that Bitcoin is forming a bullish pattern, which could lead to a significant increase in price. However, it is important to note that the cryptocurrency market is volatile and unpredictable, so investors should exercise caution.