Quantum computing challenges cryptocurrency

    Cryptocurrencies have the potential to change finance, remove middlemen, and bring financial services to millions of unbanked people worldwide. However, the blockchain technology behind cryptocurrencies could be vulnerable if quantum computing evolves faster than efforts to hack-proof digital money. Cryptocurrencies are secured by a technology called public key cryptography. The system is ubiquitous, protecting your…

    Crypto pump-and-dump schemes: Everything you should know

    Don’t get the rug pulled out from under you, warns Oscar Gonzalez on CNET. Crypto pump-and-dump schemes are designed to take advantage of people while making some big money for scammers. They generally involve influencers who receive financial incentives for telling people to buy a certain digital coin in order to raise its value. Once…

    Experts explain: How to avoid crypto scams

    As cryptocurrencies remain a major source of investment, it still remains major questions about how to secure investors’ funds. That’s why an expert explained to the Deseret News how to avoid cryptocurrency scams. Some people in the US have suffered from cryptocurrency scams, which continue to hold many investors from diving into the crypto sector….