vulnerability

UPDATE: Bisq Exchange Losses $250K to ‘Critical Security Vulnerability’ But Has Fixed

Non-custodial cryptocurrency exchange, Bisq has announced that it will temporarily halt trading service on its platform following a newly discovered security vulnerability.  Based on the development, the exchange has notified its users not to proceed with any existing transaction or send funds to any party as it could result in a loss.  The temporary halt in trading service does not stop users from overriding the key responsible for this action. However, Bisq does not support the idea as it could hamper users’ security.  “Bisq is a proper distributed peer-to-peer network. So you

Decentralized Crypto Exchange Disables Trading Due to ‘Critical Security Vulnerability’

The developers behind the peer-to-peer cryptocurrency trading platform Bisq have temporarily disabled services after discovering a critical security vulnerability.Formerly known as Bitsquare, Bisq is a decentralized exchange (DEX) that facilitates crypto-to-fiat trades without a formal intermediary. In a community announcement posted on April 8, the developers said that they were investigating the security issue, telling users:“If you have any active trades right now, please DO NOT send any funds.”The devs add that it is “especially important” for users not to send any funds if they are involved with any of

Remaining Anonymous: Which Crypto Privacy Solution Works Best?

The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived for the next two years until the Federal Bureau of Investigation shut it down in 2013. Authorities later revealed that completely free blockchain explorers aided their investigative efforts.Bitcoin’s transaction ledger is completely open for the