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Ethereum: Is Cryptocurrency Really Safe?

4th August 2017 by thom Leave a Comment

Cryptocurrency – it came, it saw, it conquered; and now it is facing a foreign invasion. Its defences were breached by hackers who managed to get away with 153,000 ethers, which are $32 million in current exchange rate. Parity Technologies faced this security hack in their multi-signature wallet software while normal wallets are safe as yet. Before this, CoinDash had to cancel their ICO after facing a $10 million hack. (Wilmoth, 2017) [Read more…]

Filed Under: BlockChain, Money, Responding to news Tagged With: bitcoin, cryptocurrency, doom scenario, Encryption, Ethereum, internet of things, iot, Knowledge Base, security

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