Cryptocurrency-based crime hit a new record in 2021 with an estimated $14 billion worth of cryptocurrency stolen, scammed, or otherwise “extracted” to illicit addresses. And yet, paradoxically, it also reached an all-time low.
Multisignature is a well-established security measure in a blockchain environment. With the Taproot upgrade, which introduced improvements to Bitcoin scripts meant to support multisig transactions, it recently received even more attention.
Too much is not always a good thing - a lesson that developers of the Kaspersky Password Manager had to learn the hard way. The overly complex method with unsuitable PRNG, generated easily bruteforced passwords.