Eclipse Attacks – What are They and How do They Work?

As the blockchain industry grows, we see an increase in the imagination of hackers. The first scams in the sector appeared somewhat naive. Today, we are witnessing the emergence of increasingly complex techniques. With the refinement of hacking methodology, it is increasingly difficult for users to avoid cybersecurity traps. This article will discuss eclipse attacks, which are criminal mechanisms that attack blockchains. The direct victim of the attack is not, in this case, the end-user. However, as we will explain,…

Honeypot Crypto Scams – What are They and How do They Work?

The growth in popularity of cryptocurrencies is now evident to everyone, enthusiasts and skeptics. However, among the many consequences of this phenomenon are aspects related to criminal activity. Several reports demonstrate the increase in crypto-related criminal activity in 2021. Among the many operations used by criminals, the practice of the so-called "honey pot" is one of the most widespread. After a necessary premise on smart contracts, this article will explain how a honeypot works. But, more importantly, we will see…