What Are Withdrawal Email Phishing Scams?
The rise of cryptocurrencies has brought about numerous investment opportunities, and capital has gradually flowed into it over the last decade, turning Bitcoin into a trillion-dollar asset class. That’s no small change in the darknet market anymore; it’s a big boy asset class with large institutional and even national investors. While Bitcoin’s growth has attracted […]
What Are Bitcoin Recovery Services Scams?
Entering the Wild West of Bitcoin, it’s almost a right of passage to have some of your funds stolen or lost, with scams being a satoshi a dozen. Very few of us fall down the rabbit hole without making mistakes, taking on some losses; some say losses, but I say costly lessons. I completely understand […]
What Is A Dark Skippy Attack?
Owning the hardest money in the world makes you a prime target as the size of the Bitcoin market increases, and so does your purchasing power as you own a relative share of that market. The more your net wealth increases, the better class of criminals that would come after you; as a Bitcoin holder […]
What Is RSM (Runes State Machine)?
Since the Ordinals protocol debuted, the last two years of Bitcoin have been marked by increased spam and scams on the chain. Initially created as an easier way to inscribe data on-chain and tie it to a serial number, thus creating an NFT-like experience on Bitcoin, developers eventually used Ordinals to create token issuance meta […]
What Are Full Block Ordinals?
Ordinals have given the Bitcoin community much to think about. Some say they make Bitcoin fun, and others say they’re spam. Personally, I don’t need my money to be fun; I need it to be safe, secure, and reliable. But that’s just one plebs opinion. Ordinals have started their own movement, with businesses, applications, and […]
pStaking More Like Piss Taking
Bull markets are the ideal environment for opportunists. It’s the period in the cycle where bad ideas can get funding and live longer than they should. Once that influx of capital comes into Bitcoin as the great repricing begins, it raises all ships and dead wood surrounding those ships. As part of that deadwood are […]
Runes Have Failed To Excite The Degens
The launch of Runes on block 840,000 was heralded as a revolution for the Bitcoin network. Prior to the launch of Runes, tokens on Bitcoin were the talk of Twitter, despite the blockchain being bogged down by the inefficient meta protocol using ordinal theory to create BRC-20 tokens. BRC-20 tokens captured the imagination of speculators due to their fair […]
The Social Engineering Hacks Will Continue Until Self Custody Improves
When you decide to store your wealth in Bitcoin, security is paramount. The blockchain spares no expense in securing blocks for a reason, and you shouldn’t either. Trusting large entities with our money and assets might be the norm, but centralisation comes at a cost. While we fortify our digital wallets with strong passwords and […]
Lessons From The WBTC Address Poisoning Attack
In May 2024, the altcoin world threw up another epic loss for the ages when a whopping 1,155 WBTC (Wrapped Bitcoin), valued at over $70 million at the time, vanished from users’ wallets due to an address poisoning attack. While many reports will label it a hack, it is by no means coding on a […]
Rune Etching Mania Spiking Fees
The Bitcoin blockchain has just undergone its fifth halving event, marking a significant shift in the network’s ability to satisfy any growing demand for the asset. At block 840,000, the block subsidy – the incentive for miners to secure the network – was programmatically sliced in half, dropping to 3.125 BTC per block. The latest […]