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Coinfirm - Blockchain Analytics Software

Encyclopedia

Ransomware as a Service (RaaS)

Ransomware as a Service or ‘RaaS’ is the deployment of ransomware sold or rented on the internet. Related Articles The Evolution of Cryptocurrency Crime in the Darknet Battles of Dirty Money and Blockchain: How to Trace Stolen Crypto

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Reentrancy Attacks

Reentrancy attacks come from the abuse of the reentrant procedure, that is, by exploiting reentrancy and calling the external contract with an incorrect state of the victim’s contract, a smart contract will then be drained out by attackers as they will be able to transfer tokens that are already withdrawn. The reentrancy attack occurs where

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RegTech (regulation technology)

RegTech or ‘regulation technology’ is the recent innovation provided by companies that use technology to help businesses comply with regulations more efficiently and inexpensively. Coinfirm is a leading RegTech company. Related Articles European FinTech Hackcelerator 2020 – 1st prize for Coinfirm!

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Rug Pulls

Rug pulls are a type of attack unique to decentralized finance exchanges (DEXs) liquidity pools where a token creator withdraws liquidity from the pool, after having manipulated the price of the token with their reserves, typically resulting in the token’s value dropping precipitously to $0 or close. Related Articles Know more about crypto exchange risk​

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