Cryptocurrencies including Bitcoin and all Altcoins are getting crushed.
Cryptocurrencies including Bitcoin and all Altcoins are getting crushed in past hour or so. In past couple of hours, Bitcoin is down more than 12% according to CMC. Bitcoin has lost more than $1,000 in past few hours.
Most of the Altcoins are down close to 20% or more. Some are even slides up to 30% in just past one hour.
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GeneralIntermediateA bridge is only as safe as whatever verifies cross-chain messages. Most major hacks came from stolen validator keys, verification bugs, or bad upgrades, not the chains themselves.
#bridges#security
On Bitcoin, scale confirmation depth with the amount at risk, since finality is probabilistic. On Ethereum, wait for the finalized checkpoint. On rollups, wait for the batch to be final on L1.
#consensus#transactions
GeneralIntermediateBIP-39 encodes random entropy as 12-24 words and stretches them into a seed; BIP-32/44 derive every key from it. Store the words offline on durable media in several places, never digitally.
#cryptography#security#wallets
