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
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a smart contract will then be drained out by attackers as they will be able to transfer tokens that are already withdrawn.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
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!
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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