Cryptocurrency is charging forward. Not to mention that 2017 has been a breakout year for cryptocurrency giants (i.e. Bitcoin) and altcoins (i.e. Ethereum and Dash), it is undeniably growing continuously.
From being invented out of the need for secured communications, it has rapidly evolved – with the help of the digital era, of course – as a means to not only secure communications and information but, nowadays, your money as well.
In the present, cryptocurrencies are regarded as digital currencies (more like virtual money) and are mostly utilized for almost everything – from an alternative way of paying for goods and services through to long-term investment holds. Meaning, we are talking about huge amounts of money being transacted every day. And due to this nature of the business, most especially because transactions are done over the internet, it does not come as a surprise that it is prone to security threats and attacks such as hacking and phishing. [Read more…]