UK Teen Hacker Jailed for near $1M Coinbase Phishing Scam.
British teen hacker Elliot Gunton, renowned for breaching over 500 accounts on Coinbase, has been condemned to 3.5 years in prison. The hacker planned and executed a phishing scam of such grand scale to cost the exchange’s account holders almost $1 million in crypto assets between 2018 and 2019. Among other schemes, it involved redirecting […]
An Introduction to Yield Farming in Crypto
Yield farming in crypto, is a decentralized finance (DeFi) strategy that involves providing liquidity to cryptocurrency trading platforms in exchange for rewards. Essentially, it’s like depositing money in a high-interest savings account, but instead of traditional banks, you’re interacting with smart contracts on a blockchain. This process has exploded in popularity due to the potential […]
How Does a Block of Data on a Blockchain Get Locked?
Blockchain technology is changing how data is stored and controlled, providing high levels of security and transparency. But how does this technology ensure that data remains secure and unalterable after being recorded? This article explores the interesting process of securing data on a blockchain, including transaction creation and verification, as well as the complex consensus […]
Is Peer-to-Peer Crypto Trading Legal?
Uncover peer-to-peer crypto trading’s legal complexities, regulations, risks, and implications in our comprehensive article.