Will the Ethereum Merge Cause a Fork in the Blockchain?

For cryptocurrency enthusiasts, a hard fork is potentially exciting news — and the upcoming Ethereum Merge (also called Ethereum 2.0, or simply “the Merge”) could prompt one of the largest forks in recent memory. In September 2022, the Ethereum blockchain...
August 31, 2022

The Ethereum Merge is Coming: Here’s What You Should Know

The Ethereum network is expected to transition to a proof-of-stake (PoS) model in mid-September 2022, which could change the world of cryptocurrency in profound ways. For investors, these are exciting — and frightening — times.  Ethereum is the second-most popular...
August 26, 2022

Crypto Bridge Nomad Loses $200 Million in Alleged Hack

Nomad, a startup that allows users to trade cryptocurrency tokens between different blockchains, has acknowledged losses of nearly $200 million in crypto due to an apparent security vulnerability.  Crypto hacks certainly aren’t new, and blockchain bridges are frequent targets. In...
August 4, 2022

The Horizon Crypto Hack: How Blockchain Bridges Become Targets

Hackers have stolen approximately $100 million in various cryptocurrencies from Horizon, according to public statements from Horizon’s developers.1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun...
June 27, 2022

Can Brute Force Attacks Crack Bitcoin Private Keys?

In practical terms, brute force attacks are not a successful method for cracking Bitcoin private keys. Below, we’ll explain why (and how Datarecovery.com has helped Bitcoin holders restore access to their funds). A brute force attack attempts all possible combinations...
June 23, 2022

U.S. Senate Eyes Cryptocurrency Bill. Here’s What That Means for Investors.

The 2022 cryptocurrency market is a mixed bag — and depending on your perspective (or more likely, the size of your investments), the news hasn’t been positive through the first six months of the year. That may change soon. The...
June 10, 2022

What Info Do You Need to Access a Lost Bitcoin Wallet?

You’ve lost access to your bitcoin, and you’re looking for solutions. Here’s the good news: You have options as long as you have some of the information used to create your wallet.  Read on for several potential bitcoin recovery scenarios....
May 31, 2022

How DAO Hack Victims Can Still Recover Ether

At the time of writing, a single Ether token (ETH) is worth approximately $3,490, and its valuation continues to grow substantially every year. Like many cryptocurrencies, ETH continues to build circulation, and the potential for future growth remains high. The...
October 14, 2021

Chinese Cryptocurrency Miners Selling Used SSDs, But There’s A Catch

The plunging price of the cryptocurrency Chia has flooded the international market with used hard drives and solid state drives, according to a recent report from VNExpress International. The article cites a Facebook group with more than 5,000 Chia traders....
October 4, 2021

Lost Passwords Responsible For an Estimated 90% Of Cryptocurrency Loss According to Datarecovery.com, Inc. Report

The past year has seen popular cryptocurrency Bitcoin (BTC-USD) go from just over $9,000 back in May of 2020 to well over $60,000 in April of 2021 down to under $40,000 the following month. This came as quite the shock...
May 25, 2021