Privacy & Security
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Atomic Transactions – How it works
< 1 minute Pain points, compromised wallets and use cases TBD A compromised wallet is not always forever lost TBD How can I still use a compromised wallet ?TBD Important: OMNIA’s public RPCs don’t have this option enabled by default.If you want to enable atomic transactions, head to OMNIA dashboard app.omniatech.io and generate your private…
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How OMNIA Protocol Eliminates “Transaction Not Found” Errors In DeFi
4 min read DeFi is the best alternative to traditional financial systems we have at the moment. With greater autonomy and improved user access, even in its initial stages, DeFi was light years ahead when compared to the usual old banking centralized institutions. That isn’t to say that DeFi is problem-free. There are plenty of…
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Why use Honeypot Protection
2 min read First of all, what is a honeypot? Simply put, in the cryptocurrency realm, a honeypot represents a digital asset that can be bought but never sold.More often than not, a honeypot is the attack vector of scammers, rug-pull actors and hackers trying to deploy various phishing scenarios in deceipting people to buy…
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Navigating the Risks and Threats of Crypto Wallet Security: Essential Tips
5 min read The Importance of Crypto Wallet Security Crypto wallets offer varying levels of security, and users must select the type of wallet that best aligns with their security and availability requirements. For instance, if a user needs to use their addresses and keys frequently and online, hardware wallets may not be suitable. Conversely,…
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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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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…
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FTX to Compensate 3Commas Phishing Victims up to $6M
3 min read 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…
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How To Configure Your Devices for Privacy Protection
5 min read The electronic devices we use to go about our daily lives increasingly rely on the internet to function and provide real-time updates to information. Most apps and widgets on mobile devices and personal computers constantly send and receive data via the web to efficiently serve our needs. The same applies when venturing…
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Personal Data Breaches In The Blockchain Industry Are On The Rise
4 min read Until recently, cryptocurrency users and traders were generally concerned that their favorite centralized or decentralized platform would one day become the victim of an exploit, and their hard-earned digital assets would be at the mercy of hackers. The Axie Infinity hack in late March shook the crypto industry and the entire financial…
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BNB Chain Lost $100M To a Hack — What Went Wrong?
< 1 minute Early October 7th, CZ announced via Twitter that the BNB Smart Chain was experiencing an exploit on its cross-chain bridge, BSC Token Hub, that had resulted in the minting and transfer of extra BNB. The BNB Chain team soon published a blog post explaining that the attacker had managed to carry out ‘sophisticated forging of the…
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How OMNIA Handles Your Personal Data
3 min read As technology evolves, we are more interconnected with the applications that run on mobile phones and the websites we visit daily to make our lives easier. Internet and app users are increasingly aware that every online interaction can eventually be linked to their real-life identities. Consumers Are Increasingly Concerned About How Their…
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Why the US SEC Believes Ethereum (ETH) is a Security
4 min read On September 15th, 2022, the Ethereum community was elated that the long-anticipated Merge between the Beacon Chain of ETH2.0 (Consensus Layer) and the Mainnet of its proof-of-work network went about successfully without any major hiccup. However, the transition of Ethereum to a proof-of-stake algorithm might have increased its scrutiny by the United…