In the US, a simple test called the “Howey Test” is used to decide if what someone is selling should be considered a security. It states that a transaction is considered a security saleif a person invests his money in a common enterprise and is led to expect profits solely from the e...
Cryptocurrency is a digital currency that usesblockchaintechnology — a shared ledger that records transactions and tracks asset ownership. Cryptocurrency assets and trades are secured withcryptography, which provides powerful security against fraud. Because cryptocurrency isn’t issued or regulated by a ce...
The public key is similar to an email address because it is used as the address used to send and receive crypto. The private key is used to access the cryptocurrency. These keys are strings of characters necessary to complete cryptocurrency transfers to or from a wallet. For safety, you can...
Cryptocurrency has become popular in the last decade, in particular, with Bitcoin becoming the most widely tracked alternative currency.
Security analysts identified cryptojacking as a cyberthreat around 2011, shortly after the introduction of cryptocurrency. According to the IBMX-Force Threat Intelligence Index, cryptojacking is now among the top three areas of operations for cybercriminals. ...
Because a cryptocurrency's public ledger is public, the transaction details can be queried and verified by anyone. This makes the system more transparent than traditional banking systems and methods without disclosing personal information. Additionally, these ledgers cannot be altered by anyone, given ...
What makes crypto volatile? PayPal Editorial Staff October 20, 2023 3 mins read When considering purchasing cryptocurrency, it’s important to learn all variables. Not just the potential benefits of a single coin, but to understand the crypto market as a whole, its fluctuations, and its ...
If an Internet property is experiencing a DDoS attack, the property’s Internet service provider (ISP) may send all the site’s traffic into a blackhole as a defense. This is not an ideal solution, as it effectively gives the attacker their desired goal: it makes the network inaccessible. ...
Cryptocurrency mining Denial-of-service attacks (DDoS attacks) Malware is intentionally intrusive for devices, networks, and systems as the means of achieving its goal: making money from victims. Malware makes the entire device or system “sick,” because it deliberately interferes with normal functio...
Earning cryptocurrency via coin mining typically takes a huge amount of processing power and energy to carry off. Additionally, the cryptocurrency ecosystem is designed in a way that makes mining harder and reduces the rewards for it over time and with more mining competition. This makes le...