Hackers continue to find ways to exploit the cryptocurrency ecosystem Hackers and scammers made off with more than $163 million worth of crypto in August, according to new data from blockchain security firm PeckShield. The firm reported the losses came from 16 separate incidents, marking a 15% increase from July’s $142 million tally, though still
The proposal takes a novel approach to overcome a known limitation of blockchain transactions A new proposal called the “Zero-KYC Assurance Mechanism for Fiduciary Money Transfer” (ZKAM-FMT) has been introduced by a Reddit user known as ShadowOfHarbringer, aiming to tackle financial scams in peer-to-peer (P2P) cryptocurrency markets. The innovative proposal seeks to secure transactions without
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