Note: This article was first published in Mandarin for Taiwan’s CommonWealth Magazine in May 2022. The word “decentralization” comes from “centralization” and is the spirit of blockchain technology. However, as decentralization has evolved, many question how decentralized can blockchain be when many of its applications such as stablecoins and exchanges are fundamentally… ...閱讀更多
In early August, the United States Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the cryptocurrency mixer known as Tornado Cash. In its press release, OFAC pulled no punches, labeling Tornado Cash as a notorious money laundering tool used by the likes of North Korean hackers Lazarus Group. The crypto… ...閱讀更多
ETH2.0: The Merge is Coming; What You Need to Know and Watch Out for The long-awaited upgrade for Ethereum, “The Merge’’, is fast approaching. The upgrade will be a two-step process, happening on September 6 and through September 10–20, according to the Ethereum Foundation’s August 24, 2022 blog post. There is only… ...閱讀更多
In the previous article, Web 3.0 Information Security Guide — What You Need to Know about Blockchain Threats, we discussed the definition of Web3, damages/losses in Web3 security incidents, intentions and goals of hackers, and three attack methods and their prevention measures. In this article, we will continue to discuss six… ...閱讀更多
There’s plenty of buzz around Web 3.0 and innovations in blockchain and cryptocurrencies, but few understand the hidden risks of this technology. As it is still emerging, widespread misuse raises concerns about fraud, money laundering, and hacking. In this article, the XREX information security team will introduce information security in… ...閱讀更多
The much-awaited Merge of Ethereum is slated to take place around the 15th of September. Ethereum’s Proof-of-Work (PoW) chain will migrate to the Proof-of-Stake (PoS) chain upon hitting the Terminal Total Difficulty (TTD) value of 58750000000000000000000. As with the rest of the crypto community, XREX is watching the developments closely. ...閱讀更多
Many people might have heard of Bitcoin, the world’s first digital currency that many predict will revolutionize the existing financial system and payments — or prove to be a massive fraud — depending on what you read and believe. The birth of Bitcoin is also the birth of blockchain technology… ...閱讀更多