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What is dusting? How hackers are exposing holes in cryptocurrency privacy – NEWS.com.au
What is dusting? How hackers are exposing holes in cryptocurrency privacy
Aside from being an exciting new vessel to make a buck, part of what makes cryptocurrency so appealing is the anonymity. The ability to make online transactions in absence of a central bank has been a major draw for privacy-savvy crypto adopters since bitcoin’s inception in 2009. However, the blanket statement claiming cryptocurrencies will keep you hidden online has some holes.
Hackers are using highly complex methods to backtrack transaction data to identify the original spender, through a method…
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