OMNIA’s Blog
Blog
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Crypto Wallet Security: The Importance of Private Endpoints in Safeguarding Your Cryptocurrency
6 min read Cryptocurrency and frequent use of wallets has taken the web3 world by storm, and with its increasing presence in our day-to-day interactions, the need for secure storage of these digital assets has become more significant than ever. More specifically, the vulnerability of blockchain endpoints is an important security concern in blockchain. It…
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Create and Deploy an OMNIA Node
3 min read What is an OMNIA Node? At its core, OMNIA is a decentralized infrastructure protocol where anyone can join and expand the network by either generating endpoints or setting up nodes for rewards. In this article, we will discuss the creation and deployment of an OMNIA node. A node is a piece of…
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Love is a Freshly Minted NFT
2 min read Introducing OMNIA’s Exciting NFT Collection Launch Join us at OMNIA in embracing the technological advancements in art collecting and own a piece of digital art history. Our NFT collection launch is imminent, and we invite you to stay informed by visiting our website and following our social media channels such as Twitter…
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Protecting Your Crypto Investments: A Guide to Off-chain Privacy Solutions
6 min read The crypto market has grown rapidly in recent years, and with that growth comes an increased focus on privacy. With more and more people using cryptocurrencies, the need for privacy in transactions has become increasingly important. Off-chain privacy is a critical aspect of the crypto market that is often overlooked. This blog…
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Decoding Frontrunning: Understanding the Key Terms and Techniques
6 min read What is Frontrunning? Frontrunning is the practice of executing a digital asset trade based on knowledge obtained in advance that will affect its price. The purpose of frontrunning is to profit at the expense of others. This is done by gaining a price advantage over others in the market before the market…
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Reflecting on 2022: Looking Forward to 2023
5 min read As the crypto market faced one of its toughest challenges in 2022, at OMNIA, we made a conscious decision to remain focused and steadfast in our mission, even in the face of these challenges. From the start of the year, the crypto market was going to be volatile and uncertain. Despite this,…
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OMNIA partners with CycurID
2 min read CycurID (pronounced “Secure ID”) Technologies Ltd. is a Canadian-based digital identity management and cybersecurity firm that has developed a reusable digital identity app, immeTM (pronounced “I’m me”), that uses adaptive Artificial Intelligence, Biometric Authorization and Zero-Knowledge Protocols to provide full privacy of users’ data with no individuals credentials or any data being stored or kept…
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Frontrunning protection
3 min read Securing Your Transactions Through Private Mempools and Flashbots Most Ethereum (ETH) and other smart contract network users aren’t aware of how risky trading on-chain can be. Not because funds are going to get stolen, but because certain inefficiencies on the blockchain allow arbitrage bots to take advantage of orders to make a…
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Team Finance Exploited for $14.5M. Attacker Keeps 10% as a Bug Bounty
3 min read On October 27th, DeFi project Team Finance announced that they had just been alerted about an exploit on its protocol. They said they were investigating the incident and ‘working to analyze and remedy the situation.’ They also requested the exploiter to contact them for a potential bug bounty payment. Attacker Used 1.76…
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Phishing Scammer Steals $1M in ETH and NFTs in a Day, Remains Active
4 min read In late October, on-chain investigator and crypto Twitter community member @ZachXBT notified his followers that a phishing scammer known as Monkey Drainer had stolen the equivalent of 700 ETH worth around $1 million at the time and several NFTs in 24 hours. Tweet from @zachxbt, Source: Twitter One victim of Monkey Drainer…
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What to Expect With Elon Musk as ‘Chief Twit’ at Twitter
3 min read Elon Musk is officially the new owner of Twitter. The billionaire entrepreneur who is the founder and CEO of SpaceX, CEO of Tesla, Founder of the Boring Company, and co-founder of Neuralink and OpenAI is now the ‘Chief Twit’ according to a recent update of his Twitter bio. To mark the event…
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FTX to Compensate 3Commas Phishing Victims up to $6M.
< 1 minute The founder and CEO of FTX, Sam Bankman-Fried (SBF), announced on October 24th via Twitter that the exchange would compensate users of the crypto exchange affected by the recent elaborate 3Commas-related phishing attack. Mr. Bankman-Fried capped the compensation at $6 million and clarified that it was a ‘one-time thing’ which would not set ‘a…