Tag: #CryptoSecurity
In a move that has sent ripples through the global cybersecurity and cryptocurrency landscapes, the Lazarus Group—North Korea’s state-backed cybercrime unit—now holds more Bitcoin than Elon Musk’s Tesla. The revelation, backed by data from blockchain analytics firm Arkham Intelligence, underscores an uncomfortable truth: the world’s most notorious hackers are amassing more digital wealth than some […]
WazirX unveils a Scheme of Arrangement to recover from the $234 million cyberattack, ensuring fair asset distribution and future stability. In July 2024, WazirX, one of India’s largest cryptocurrency exchanges, faced a security breach that led to the loss of millions in digital assets. The attack, attributed to North Korean hackers, significantly impacted user funds […]
An Ethereum private key is a 256-bit number, typically represented as a 64-character hexadecimal string. It plays a crucial role in securing an Ethereum account and ensuring only the rightful owner has control. Ethereum private keys are generated using cryptographic algorithms and must be kept secret. It allows users to sign transactions and interact with […]