Decrypting Crypto

Hashing out the details of digital currency
Provided by Mission Critical

Learning Objectives:

  1. Define cryptocurrency.
  2. List various types of cryptocurrency that are available.
  3. Identify cyber risks related to cryptocurrency.
  4. Evaluate the impact of mining on the environment.

Credits:

AIA
1 AIA LU/Elective
IACET
0.1 IACET CEU*
PDH
1 PDH*
As an IACET Accredited Provider, BNP Media offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard.

Below are a set of links to articles and podcasts from Mission Critical. Click on each link below to read the articles or listen to the podcasts and then complete the quiz to earn your credit and certificate of completion.

It’s unclear whether or not crypto is the currency of the future. But, it is undeniably part of the present. But, what exactly is cryptocurrency, are there different kinds, how do you get it, how do you use it, what are the risks? Find out the answers to these questions and more in this Mission Critical exclusive course.

‘Cryptocurrently’
It’s pretty safe to assume that more and more BFSI companies are going to start looking to colo providers for hybrid cloud solutions as capacity continues to increase and the demand for instant access requires additional edge sites to be deployed.
Amy Al-Katib

Cryptocurrency Tracker — Crypto Parrot
A new tool that tracks the distance to be covered by the top ten cryptocurrencies to reach the moon.

Bitcoin's Growth Increases Transaction Fees Twentyfold
The increase in the Bitcoin transaction fee correlates with the asset's recent surge in value.

How To Trade Bitcoin on Decentralized Exchanges
An initial version of a noncustodial protocol based on state channels will allow users to trade real (not wrapped) Bitcoin at speeds that compete with centralized exchanges, offering genuine markets with order books.
Fabio Canesin

Blockchain technology market size worth $3.27T by 2032
The market growth can be attributed to the increasing digitalization across the banking, financial services, and insurance (BFSI) sector. Furthermore, the growing use of contactless blockchain digital ticketing at various events is expected to drive the market.

Cryptojacking malware use soars
There are several techniques for disseminating miners, most of which are comparable to methods for spreading any other sort of malware.

Close to 500 Bitcoin ATMs were installed globally each month in 2022 despite crypto crash
New data reveals that Bitcoin ATMs installations have seen steady growth in 2022. This is a clear contrast to the rest of the crypto industry and financial markets which have seen losses mounting throughout the year.

The top 10 most phished crypto projects
According to the FTC, scammers have lured out $329 million worth of cryptocurrencies in the first quarter of this year alone.

Bitcoin Payments to Major Ransomware Hacker Groups Hits $60 Million
Criminals prefer Bitcoin because it is not easy to track beneficiaries of the asset.

Adzuna Finds Sharp Growth in Metaverse and Crypto Jobs
Although the recent rebranding of Facebook to Meta has catalyzed a rise in openings, the first metaverse posting was in April 2019, showing the concept has existed for several years as a niche rather than a mainstream term.

Episode 9: Looking at Blockchain Link by Link
In this episode of The Thought Cloud, Amy Al-Katib, editor-in-chief of Mission Critical magazine, interviews George Clement, senior solutions architect for data center management at Intel, to find out more about blockchain — what it is, how it's being used, and what it means for the data center industry.

Episode 40: Bitcoin — Mining the Reward
Reggie Jerath, CEO of Gather, discusses Bitcoin, and the crypto mining industry in general, as it moves to greener means in which to operate.

Image courtesy of Sergei Tokmakov, Esq. https://Terms.Law from Pixabay.

 

Mission Critical Mission Critical has been connecting data center and critical facility buyers and sellers for more than 12 years. The eMagazines provide must-read editorial content that data center owners/managers/designers/engineers, IT managers, network systems integrators, cloud/IT specialists, and power and cooling professionals all require in this multibillion-dollar market. Our eMagazine, eNewsletter, and website reach approximately 10,000-12,000 readers each month.

 

Originally published in June 2023

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