We have updated the token security score. Now, by choosing the category “token” in the cryptocurrency rankings by security, you will see 168 tokens. Tokens are virtual assets created by platforms building on top of a specific blockchain protocol. Tokens serve multiple purposes such as allowing participation in DeFi mechanisms, playing games, or accessing platform-specific… Continue reading CER.live token rating update. Only 2% of tokens are fully secure
Month: July 2022
Kraken Security Review 2022
Kraken is one of the world’s biggest and most popular crypto exchanges. In this article, we want to review the platform and assess its security level. Is Kraken secure? Let’s find out. About Kraken Trading volume and users The US-based exchange was established in 2011. With a daily volume of $700 million, Kraken is the… Continue reading Kraken Security Review 2022
What is token audit and why should you care about it?
In H1 2022, DeFi investors and communities lost $1.97B as a result of token security incidents including both external attacks and internal scam activities. As a result of hacks, DeFi industry has lost $1.8B for the first 6 months of 2022 while due to internal malicious activities, such as rug pulls and exit scams, the… Continue reading What is token audit and why should you care about it?
How to choose a secure crypto exchange?
Although massive hacks of crypto exchanges are rare in the modern Web 3.0 industry, users should be aware of all risks associated with crypto trading. In 2022, there were 2 big hacks of crypto exchanges. The Liechtenstein-based crypto exchange LCX lost $6.8M as a result of the compromise of one of its hot wallets. The… Continue reading How to choose a secure crypto exchange?
What is Audit Coverage? Why does it matter?
The role of cybersecurity in Web 3.0 cannot be underestimated, especially during the bearish market. Investors lose their money due to falling prices and they are afraid of experiencing extra losses due to security incidents. That is why crypto traders and investors try to allocate their assets to secure projects that do not neglect following… Continue reading What is Audit Coverage? Why does it matter?
What is insurance in crypto?
Two years ago, very few people cared about insurance in crypto. Now, it is a critical element of a project’s cybersecurity. This article presents reasons why you should pay attention to whether a project has an insurance fund. Why is insurance important in crypto? Insurance is the last defense against losses due to breaches in… Continue reading What is insurance in crypto?