« Back to Glossary Index

It is the process of using a computer for manipulating another computer or computer system in an unauthorized manner. hacking is carried out for various ideological reasons and purposes like money laundering, terrorism, and sanctions evasion. Example: The notorious Lazarus Group that has stolen billions in cryptocurrency has been believed to be the North Korea hacking unit. The act possesses a specific importance in the study, design and exploitation of the cryptocurrencies as the basic premise of blockchain is to help the users opt out of the traditional system and its assets.

« Back to Glossary Index

Check Also


New Mining Strategies You Need To Incorporate After Crypto Halving

Good News! The Bitcoin network has already crossed its 800,000th block at the end of …