CoinGecko adds crypto security data from CER.live rating

CoinGecko adds crypto security data from CER.live rating
фото показано с : invezz.com

2022-5-26 14:00

The recent panic around the crash of TerraUSD and Terra Luna has once again raised the question about the security of cryptocurrencies. As of now, the industry is far from being free of projects with poor security.

Recently, the biggest crypto data aggregator, CoinGecko, integrated the security data from the CER.live rating of cryptocurrencies into the project’s pages, section “Security”, with a mission to draw users’ attention to the importance of security.

Bobby Ong, co-founder and COO of CoinGecko, said:

Investing in cryptocurrencies carries certain additional risks compared to other asset classes. As crypto investors, one area we should be mindful of is the security level of tokens. With the integration of CER 2.0, we hope to improve user awareness of token security and enable all CoinGecko users to make well-informed decisions.

CER covers top 1.5K projects by market cap

CER 2.0 is the security rating of cryptocurrencies covering the top 1,500 projects by market capitalization according to CoinGecko. Thus, CER has assessed the security of all cryptocurrencies with the market cap over $3 million with a few exceptions. 

CoinGecko users will see four indicators:

Security scorePlatform audit coverageBug bounty scoreInsurance score

The security score is calculated as an adjusted average of twelve indicators included in the CER 2.0 methodology, among which there are three basic indicators mentioned above.

Kostiantyn Oleshko, product owner at CER.live, added:

This integration will surely foster cybersecurity in Web 3.0. Compared to 2020, the year when our crypto exchanges security score was integrated into CoinGecko, the number of secure crypto trading platforms has doubled. It’s a great confirmation of the value of our partnership with this leading data aggregator for the industry.

Only 1.2% of cryptocurrencies follow all security best practices. By refraining from investing in projects with non-adequate security, users can mitigate the risk of losing their money as a result of theft, scam, and other threats. Projects that invest in security are more likely to be focused on long-term growth.      

The post CoinGecko adds crypto security data from CER.live rating appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

SherLOCK Security (LOCK) на Currencies.ru

$ 0.1387 (+1.71%)
Объем 24H $13
Изменеия 24h: 10.06 %, 7d: -33.06 %
Cегодня L: $0.1387 - H: $0.1387
Капитализация $0 Rank 3458
Доступно / Всего 0 LOCK / 4.969m LOCK

security again cryptocurrencies question raised free projects

Источник: invezz.com

security again → Результатов: 121


Public Safety vs Personal Privacy: US Regulators Target Encrypted Messengers

Once again privacy and security is held in the balance as law enforcement asks to extend its judicial powers in order to gain access to end-to-end encrypted information. The important question remains — is protecting users data more or less important than protecting innocents or hunting down terrorists? When posed like that, the issue could […] The post Public Safety vs Personal Privacy: US Regulators Target Encrypted Messengers appeared first on BeInCrypto.

2020-10-21 19:23


Фото:

Is Monero a buy or sell in October?

The price of Monero (XMR) is trading above $100 at the beginning of October and the technical picture implies that the price may advance again above $110. Fundamental analysis: Chainalysis won the contract to break Monero security Investors in Monero should have in mind that this is a still very risky cryptocurrency but now could be a good time to trade Monero (XMR).

2020-10-3 18:56


Researchers Expose Key Security Weaknesses on Crypto Exchanges That Need to Be Addressed

During Wired’s Black Hat Security Conference, held on Aug. 6, Aumasson and Shlomovits discussed three key flaws on crypto exchanges storage of users’ funds. According to their research, crypto exchanges are time and again falling to these weaknesses due to weak or failure to correctly implement the security protocols.

2020-8-11 19:48


US Travel Firm Pays 414 Bitcoin worth $4.5 million to Hackers

US travel management company CWT paid 414 Bitcoin, worth $4.5 million, to hackers who stole sensitive corporate files and reportedly knocked 30,000 computers offline. Crypto exchange Binance CEO said, “Again, not bitcoin's fault, but as we inevitably evolve into a more digital civilization, all businesses new and old will need to revamp their security practices.” […]

2020-8-2 01:30


Upbit Crypto Exchange Reopens Ethereum (ETH) Wallet Services After $49 Million Hack

Upbit, one of the major crypto exchanges in South Korea, has restarted Ethereum (ETH) wallet services almost 2 months after being attacked by hackers for $49 million ETH. It has been officially made public that after an enhancement to its wallet security structure, Upbit is supporting deposits and withdrawals in ETH again. In a tweet from […]

2020-1-15 01:10


Фото:

US and UK pressure Facebook for backdoor access to WhatsApp messages

The tug of war between privacy and security has come to the fore again. This time, the US, the UK, and Australia are making a case against end-to-end encryption (E2EE), calling on Facebook to delay its plans to implement the privacy feature across its messaging apps until “there is no reduction to user safety and without including a means for lawful access to the content of communications to protect our citizens.

2019-10-4 12:39


Фото:

Apple steps in to automatically remove Zoom’s risky software from Macs

Apple has pushed a silent update to Mac users to remove the web server sneakily installed by popular video conference app Zoom, TechCrunch reports. Earlier this week, a disclosure by security researcher Jonathan Leitschuh revealed how Zoom installed a secret local web server on Mac devices — with an intent to save an extra click — but left users vulnerable by making it possible for an attacker to hijack their webcams.

2019-7-11 08:41


Tezos jumps on the mainstream adoption train as Latin America’s biggest bank partners with cryptocurrency

The usage of cryptocurrencies and its connected distributed ledger technology has increased with several mainstream organizations adopting it. This was proven again when BTG Pactual and Dalma Capital, the largest standalone investment bank in Latin America revealed that the company would be using the Tezos blockchain for their ‘Security Token Offerings’ venture.

2019-7-5 20:00


BitMEX issues new security advisory; cites ‘increasing number of unauthorized access attempts’

The cryptocurrency market is no stranger to nefarious activities, with the industry peppered with events that have resulted in the loss of millions of dollars. This pattern of shady dealings in the cryptoverse was again brought to light when BitMEX, a popular cryptocurrency exchange, pointed out that there were many cases of unauthorized account access […] The post BitMEX issues new security advisory; cites ‘increasing number of unauthorized access attempts’ appeared first on AMBCrypto.

2019-6-12 19:30


Фото:

Binance Relaunches With $1.2M Giveaway Following System Upgrade

Cryptocurrency exchange Binance is preparing to leave its $40 million hack behind it, confirming it had relaunched most of its service May 15. Binance Goes Live (Again) Only around one week after hackers managed to circumvent security mechanisms in what CEO Changpeng Zhao said was a coordinated attack, Binance is finishing its last checks before going fully live.

2019-5-15 16:30


Binance CEO Changpeng Zhao Informs Users of Withdrawal and Deposit Exchange Features Back Active

After the 7th of May 2019 hack of the Binance Exchange, wherein 7,000 BTC, worth about 50 million dollars, was stolen, the exchange assured its users of improved security measures. The CEO of Binance, Changpeng Zhao, has however, Informed Binance users that deposit and withdrawal features will be available again next week. Withdrawal/Deposits Services Resumption […]

2019-5-13 20:55


Фото:

Venezuela Pro-Bitcoin Opposition May Use Maduro’s Sanctioned Funds To Oust Him

Bitcoin adoption crucible Venezuela could end up using its own sanctioned funds to topple the government if plans go ahead for an “army” of foreign mercenaries. Sources: Plans For ‘5000 Mercenaries’ As Reuters reported on April 30, Erik Prince, founder of the notorious private security contractor Blackwater, allegedly wants to use fiat currency locked up by foreign governments to finance an ongoing backlash against Nicolas Maduro’s regime.

2019-5-1 22:00


On Collusion

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

2019-4-5 04:03


дальше еще 72 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto market cap surpasses the $2.5t mark following CPI data

The global cryptocurrency market capitalization has recorded an impressive momentum after the U.S. Consumer Price Index (CPI) report was released. Notably, the US CPI for April increased by 3.4% over the past year, crypto.news reported. In March, the CPI reached…

ABT token surges 26% to hit new all-time high

ArcBlock’s native token, ABT, has seen a significant surge in its market value, with a 26% rise over the last 24 hours, pushing the token to a new all-time high of $3.92. The latest surge in trading volume, which reached $31.8…

Q1 CoinShares most successful quarter in history with revenue up 216%

European crypto asset manager CoinShares has revealed that its revenue in Q1 increased by 216% since last year, with total comprehensive income increased by elevenfold. CoinShares, a European digital asset manager and crypto research firm, saw its “strongest quarter ever”…

Chinese authorities arrest six suspects in $300m crypto fraud case

Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into…

Celsius (CEL) rallies 360% following massive token burn

The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million…