Talking In Bits- 006 - Cyber Security Expert Nik Kraljevic
Talking In Bits

Talking In Bits- 006 - Cyber Security Expert Nik Kraljevic

Feb 11 2021 • 56m
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Show Notes

This week Ben & I sit down with Cyber Security Expert Nik Kraljevic.
We talk about famous Bitcoin hacks in the past and how to avoid them.
We talk best practices an our opinions on smart contracts.
Lot's of value in this episode.

Find Nik and the show notes here:
- Instagram: @kraljevic_n1or
- Twitter:
- Pleme:
- Where you can find me:

Hardware wallet resources


· Trezor

· Ledger

· Edge Wallet

· Exodus wallet

· Investopedia -> Bitcoin



Future Bitcoin Security Threats

· When an individual or a group of individuals owns more than 50% of the computing power within the bitcoin network, the network is opened up to the possibility of a 51% attack – the advantage in computing power can be used to fork the main transaction blockchain and commit fraud, including the double spending discussed earlier.

· Theft from air gapped PC’s (Hardware implant to transmit or steal private keys in cold storage.)

· Quantum computers impending arrival estimates are for keys to be broken in 8 hours and possibly 30 mins to figure out a public key / private pair


· Phishing (Stealing your bitcoin wallet details or exchange account details)

· Spoofing (Where an actor submits fake orders to drive up the price of bitcoin)

· Malware (Stealing Bitcoins or wallet details, creating malware to lookout for bitcoin)

· Fake Mining Software (Fake mining software or code that skims your bitcoin during mining.)

· DOS of exchanges / periphery services.

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100 sats
15 Dec
1 sats
Feb 9 2022
bitcoin UI is the key bro 🤝