Bitcoin is a bubble, or how to give your crypto to someone you don’t known. Cryptocurrency Market Overview
04.12.2019
The money goes. After the Upbit exchange was hacked, transfers of funds from hacker accounts in the amount of over $8 million were noticed. 55 thousand Ethereum (ETH) were transferred to unknown wallets. This amount was transferred in 10 transactions within two hours. Last week, the exchange announced a wallet hack with 342,000 ETH. Upbit promises to compensate for the loss of users from its own funds.
Hacking via SMS - scammers have learned how to easily hack Telegram accounts. A number of Russian entrepreneurs have complained about third-party access to personal correspondence in the messenger. Users received an official notification from Telegram with a login code, which was duplicated in SMS messages. After that, they immediately logged into the account from another device. Cybersecurity experts report that only devices with authorization via SMS were hacked.
Group-IB cybersecurity company:
«The danger is that in this way attackers can gain access to other instant messengers, social networks, e-mail, various services or mobile banking applications, where only SMS is used for authorization».
At the same time, if you have set a password for authentication, you should not worry about hacking, because Telegram fully provides account protection.
But in China, they took care of this issue and made it mandatory to scan the face. From December 1, in order to connect a new mobile service, you will need to provide not only a document with a photo, but also a face scan. Local authorities believe that these measures will be effective in combating cybercrime, but experts also talk about the ability of the authorities to monitor whether users enter the network under their real names.
See also: How to store cryptocurrency properly
Course dynamics
Current Articles
USDD, a product of TRON DAO Reserve, represents an advanced ecosystem of stablecoins meticulously designed to reflect the value of the US dollar, initiating a transition towards a reliable, decentralized digital currency infrastructure aimed at seamless blockchain transactions.
In a realm characterized by the volatility and instability of the cryptocurrency market, Tether serves as an island of tranquility and reliability. But what exactly is Tether?
Tether is a cryptocurrency pegged to a fixed exchange rate with a fiat currency, most commonly the US dollar. Its primary objective is to ensure stability and reliability in the realm of cryptocurrency transactions. In other words, one Tether token is always equivalent to one US dollar.
Tether (USDT) garners significant attention and widespread adoption in the cryptocurrency domain as a stablecoin, closely tied to the value of traditional currencies like the US dollar and euro. This characteristic ensures stability and versatility in pricing. This piece delves into the what is a tezer, origins, characteristics, market impact, and future prospects of Tether (USDT) comprehensively.