Coinbase cryptocurrency exchange is the most impersonated brand by scammers and malicious actors in the Web3 space, according to a recent survey. Among all United States crypto firms, the Coinbase brand was most impersonated in phishing attacks. Phishing attacks are online social schemes that aim to trick investors into willingly sending digital assets to the…

What are the key features of blockchain data structure? Unlike centralized databases, a blockchain is a distributed ledger that records transactions across multiple computers, ensuring that no single entity has control. Since the records are stored in various locations, the data remains safe and accessible even if some network computers fail or are compromised. Blockchain technology operates…

Bitcoin’s hash price, a crucial metric measuring miner revenue on a per terahash basis, is now near its lowest level ever recorded. Data from Luxor Technology’s Hashrate Index shows Bitcoin’s hash price fell nearly 52% to $0.0459 per terahash second on June 24 after notching a two-month high of $0.095 on June 8. It was inching toward…

EigenLayer has implemented an additional security feature for its EigenDA data availability service on the Ethereum mainnet to prevent Sybil and distributed denial of service attacks. According to an X post from EigenDA, the whitelist security measure utilizes either an internet protocol address or Ethereum’s elliptic curve digital signature algorithm (ECDSA) authentication to ensure enhanced protection…

Michael Saylor, the outspoken executive chairman and co-founder of business intelligence company MicroStrategy, recently sounded off on the virtues of Bitcoin — including claiming it’ll reach $10 million per coin and that the entire nation of China will get behind the cryptocurrency — in an 84-minute podcast interview. Economic pseudoscience In the above video’s intro,…

Ether could tumble to as low as $2,400 after the launch of spot Ether exchange-traded funds, says Andrew Kang, a founder and partner at crypto-focused venture capital firm Mechanism Capital. According to CoinGecko, Ether is currently trading at $3,410. A tumble to $2,400 would be a nearly 30% drop from its current price. In a June…