Autocorrelation attack is a technique used to exploit vulnerabilities in the transaction structure of some cryptocurrencies. This method analyzes the timing and volume patterns of transactions to predict future transactions or gain insights into user behavior.In this attack, an adversary monitors the blockchain for specific transactions made by a target address. By examining the timing and frequency of these transactions, the attacker can identify patterns or correlations. This information can then be used to pinpoint when the target is likely to make future transactions.The primary risk associated with autocorrelation attacks is the potential loss of privacy for users. If an attacker can successfully track a target’s behavior, they could expose sensitive financial information or link it to a real-world identity. To mitigate this attack, users can employ strategies such as mixing services or transacting at unpredictable intervals. These methods make it more challenging for attackers to establish reliable patterns, thereby enhancing user privacy and security.
UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the