Learning from cryptocurrency breaches

Analyzing two years and 62 entries in the Blockchain Graveyard.

Root cause estimations for cryptocurrency breaches

First: Dangerous implementation of “hot wallets” and “cold storage”.

Hot wallets are the preferred developer experience.

Second: Applications being manipulated to drain funds.

Our application was forced to misbehave. It moved a regrettable volume of money.

Third: Cryptocurrency employees are in the crosshairs.

Lastly, trends: More frequent incidents from smart contract failures.

Conclusion

Writing about risk, security, and startups.

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