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The 2017 spike in the value of cryptocurrencies generated a corresponding torrent of news stories about ‘blockchain hacking.‘ The idea of an entirely digital coin used for anonymous, irreversible transactions was novel enough; the stories of hackers making off with hundreds of millions in untraceable funds was frightening. Few media accounts bothered to explain that most cryptocurrency hacks didn’t target the blockchain technology itself. The unregulated nature of cryptocurrency and reliance on technology-based trust attracted scam artists and Ponzi schemes while most hacks targeted cryptocurrency services like wallets and exchanges, exploiting network weaknesses with traditional cybercrime techniques.

Value Overflow Incident…

Sirius Network

Most of blockchain users are still to come. Sirius is creating technology to bring blockchain to the mainstream, by radically simplifying onboarding.

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