OMNIA’s Blog
Blog
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Doxing: What It Is and How to Prevent It
< 1 minute Navigating the internet without leaving bread crumbs of your presence is increasingly becoming difficult as our real-life identities are tied to our online ones. As a result, online privacy is vital as you do not want personal information in the hands of hackers, extortionists, and other malicious individuals. In this article, we…
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Introducing CCSS — The Cryptocurrency Security Standard
< 1 minute Implementing standards is essential in any industry, including crypto, where hundreds of millions of dollars worth of digital assets are transacted and traded on exchanges daily. Different trading platforms and crypto wallets have ways of keeping digital assets secure. However, having a Cryptocurrency Security Standard allows for unified methodologies that users and…
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Central Bank Digital Currencies (CBDC) — The End of Cash?
< 1 minute Crypto adoption, particularly of stablecoins, has brought to light real-life use cases of digital assets as a means of transferring value quickly and cheaply compared to the traditional financial system. Crypto holders can send Bitcoin, Ethereum, USDT, or USDC to their family and friends worldwide at a fraction of the cost and…
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What is an Ethereum or Bitcoin Mixer?
3 min read Privacy is a fundamental human right. In the current digital age, savvy individuals can use personal information to carry out malicious attacks on unsuspecting individuals. The need to protect one’s online presence through privacy becomes more important in the blockchain realm as transactions are immutable and public for everyone with enough know-how…
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Comparing Ethereum’s Layer-2 Solutions
4 min read The Ethereum network has a long history of congestion issues that have often led to high gas fees. The first and most popular incident dates back to December 2017, when Cryptokitties clogged the Ethereum network and caused it to grind to a halt. The event, although unfortunate, kick-started discussions on how to avoid…
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Solana Hack: What Actually Happened?
< 1 minute In early August, the Solana crypto community was rocked by what looked like an unsolvable hack that drained roughly $4.5 million in SOL from several thousand users’ wallets. An initial estimate by the team at MistTrack had identified 8,000 affected wallets with their funds being siphoned off to four addresses belonging to…
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The Ethereum Merge – What You Need to Know
4 min read The Ethereum network has undergone several upgrades since its launch in 2015. All the upgrades have had a single mission in unlocking Ethereum’s full potential, and the Merge event is no different. What is The Merge? As the name suggests, the Merge is the coming together of the current Ethereum mainnet (execution layer) with…
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Introducing CCSS – The Cryptocurrency Security Standard
3 min read In 1999, NASA lost a $125 million Mars orbiter because Lockheed Martin engineers used the English measurement system, whereas the NASA team used the metric system. The mismatch in units caused navigation errors leading to the loss of the said orbiter. Such an example highlights why implementing standards is essential in any industry, including…
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Doxing: What It Is and How to Prevent It
8 min read Navigating the internet without leaving bread crumbs of your presence is increasingly becoming difficult as our real-life identities are tied to our online ones. As a result, online privacy is vital as you do not want personal information in the hands of hackers, extortionists, and other malicious individuals. What is Doxing? You…
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Central Bank Digital Currencies (CBDC) – The End of Cash?
5 min read Crypto adoption, particularly of stablecoins, has brought to light real-life use cases of digital assets as a means of transferring value quickly and cheaply compared to the traditional financial system. Crypto holders can send Bitcoin, Ethereum, USDT, or USDC to their family and friends worldwide at a fraction of the cost and…
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13 Must-Have Tools For an Entrepreneur That Require no Coding
4 min read Starting a business for any entrepreneur is an arduous task that requires persistence, patience, and the right tools to help get things rolling in the right direction. A typical day for an entrepreneur involves responding to emails, tweaking website details, keeping in touch with networks, keeping an eye on social media, and…
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The Impact of Litecoin’s MimbleWimble Privacy Upgrade
3 min read On May 19th, 2022, Litecoin’s highly anticipated MimbleWimble upgrade was deployed on the LTC network at block 2,257,920. The upgrade, named after a tongue-tying spell from the Harry Potter series of books and movies, had been in discussion within the Litecoin community from as way back as 2016 when it was proposed by a…