Cryptocurrency holds the promise of a new, exciting financial world, but it’s a boon for hackers. Having your own chain comes with a ton of responsibility, which is something that KnowingCoin.com completely recognizes. This article explores the recent Ledger Discord hack and breaks down the strategies used by the attacker....
Not long ago, we learned of a security incident involving Lido, the world’s largest provider of liquid staking for Ether (ETH). It is particularly worrying any time that a security breach occurs. Before you start panic selling, it’s important to understand just how serious this breach is and what Lido...
Okay, let's be real. When you hear “hack” and “crypto” in the same breath, it makes your stomach drop. Mine does too. Before you start imagining your valuable ETH evaporating into the metaverse, breathe easy. The most recent Lido hack turned on a compromised oracle key which led to a...
Okay, let's be frank. The significance of the Lido oracle hack may appear small, given that only $4,200 in gas fees were stolen. Alarm bells should certainly be sounding. It’s not the dollar amount that matters, it’s that the dream of decentralization has been exposed to the light of reality....
The rapidly changing landscape of cryptocurrency, matched with the complex technology behind it, continues to bring the ongoing risk of hacks and breaches. Lido Finance, the largest liquid staking adapter on Ethereum and a critical part of the Ethereum staking ecosystem, was recently attacked. This shocking occurrence resulted in the...
I have a vivid memory of talking with my friend Sarah after a hackathon last year. She’s incredibly bright, a total coding whiz, but the moment I began explaining the concept of staking ETH, her eyes kind of glazed over. It just seems really overwhelming,” she admitted, “and to be...
That’s why Lido Finance, the largest liquid staking protocol on Ethereum, launched their first emergency DAO vote. This decision follows a recent security incident that led to the loss of $1.46 ETH worth in gas fees, requiring the rotation of a compromised oracle key. That hack compromised one of the...
Ledger, the popular cryptocurrency hardware wallet provider, suffered a major security breach earlier this week on its Discord server. For the second time in as many months, a hacker bot tried to steal users’ seed phrases, though the company insists that the matter was promptly shut down. This incident follows...
Imagine this scenario: you step into your favorite independent coffee shop. It’s the community space you rely on for your morning coffee and familiar smiles. Then, all of a sudden, the barista you were getting safe coffee from begins serving up poisoned coffee. At least, that’s how the Ledger Discord...
Brett (BRETT) is another meme coin originally launched on the Base blockchain. Modeled after the Boy’s Club comics, it has taken the crypto world by storm. With all investors aiming to protect their BRETT investments by May 2025, selecting the ideal BRETT-compatible wallet is significant. This guide is meant to...
Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...
The buzz is building. Look out BTC, altcoin ETFs are on their way! The SEC seems to be getting a little more friendly towards it, especially with regards to Solana. We're seeing applications amended, deadlines looming, and even whispers of BlackRock jumping into the XRP game after the Ripple case...
Let's be blunt. The Bitcoin gold rush? It’s increasingly shaping up to be a fool’s errand come 2025. This really is more than a small blip in profitability. That is a dramatic and potentially catastrophic turn in the risk-reward equation. The shiny allure of digital gold is masking a growing...
Tired of the 9-to-5 grind? Tired of the idea that your wealth is in the hands of people you can’t even influence? Let me tell you a secret: Bitcoin mining might just be your escape hatch. I know, I know, this sounds like something only tech sorcerers can comprehend, but...
The air is just crackling with excitement, right? Or maybe that’s just the Crypto Summer 2.0 that you can almost taste on the horizon. Forget the lukewarm spring we just had. This is about to be a full-blown heatwave, fueled by something even more potent than Bitcoin: Altcoins. And what's...
Introduction to the TopicCryptocurrency investment is on the verge of seismic change. Altcoin ETFs are primed to explode into the market! An Exchange-Traded Fund (ETF) is a type of investment fund that holds a collection of assets, such as stocks, bonds, or commodities, and divides ownership of those assets into...
In what could go down as the biggest new Bitcoin whale transfer to date, a whale just made the first move on their stash of 80,000 BTC that they’ve held for 14 years! This unexpected move has caused waves in the crypto sector. That monumental deal would be consummated on...
Bitcoin mining operation CleanSpark just announced their highest monthly figure, $74 million of Bitcoin sales revenue. This accomplishment speaks volumes about their operational efficiencies and strategic decisions in the cutthroat arena of crypto mining. This historic accomplishment is a testament to their extraordinary mineral production prowess. It highlights their smart,...