2022 has seen a slowdown for the cryptocurrency ecosystem, as well as a decrease in demand for cryptocurrency-related activities like cryptomining. Even before the catastrophic implosion of the FTX cryptocurrency exchange, multiple market bubbles (from failed exchanges other than FTX) and events like Ethereum’s highly anticipated transition from proof of work to proof of stake have dampened enthusiasm for cryptocurrencies.
PA Consulting recently joined forces with RKVST to host a Hackathon, looking to identify new and innovative propositions for digital supply chains. Could the teams of PA consultants and analysts identify opportunities to help their clients using RKVST technology? Short answer: YES! Many of today’s business challenges can be addressed with a reliable evidence ledger. If you want the long answer, read on.
The FTX crypto disaster is a great lesson in risk management. It brings into focus the importance of knowing where your valuables are and how they are being managed.
Blockchain has been outlined as a digital, decentralized ledger that keeps a record of all transactions that present itself across a peer-to-peer network. It permits the secure transfer of assets while not being an associate mediator. It conjointly provides a record of transactions that's absolutely clear and displayed in time period for the good thing about participants.
Netskope Threat Labs spotted a new crypto-phishing attack that aims to steal sensitive data from crypto wallets, including private keys and security recovery phrases, disguising itself as a service to revoke stolen ERC (Ethereum Request for Comments) assets. The page was created and hosted with Netlify, which is a free cloud service to create websites and apps.
Crypto Trading volume and user signups in India have increased by up to 45% in recent weeks as a result of the steady bitcoin price and the rupee’s weakening. Bitcoin prices have been stabilising inside an increasingly narrow range this week, even as global equities and bond markets remained volatile, with signs of stress emerging in sovereign debt and currency markets. Bitcoin (BTC) has risen almost 2% in the last 30 days.
A key share of growing technology is blockchain. Blockchain technology permits entities to share information quickly and firmly while not compromising on security. The engineering blockchain has hit the marketplaces everywhere nowadays. And it’s because blockchain has many applications that deliver higher output and reliability than the traditional network. Now that many businesses have begun to experiment with the blockchain, a full new sort of marketplace is developed.
It’s no secret that cybersecurity is one of the main challenges currently faced by our society. Hackers who got into government servers and private communication services have become a global threat. The blockchain could be a revolutionary technology in the fight against cyber threats, offering to protect databases and generally ensure integrity. Data protection is today’s top cybersecurity priority for any company.
