Automated penetration testing is the process of using software tools to identify vulnerabilities in cryptocurrency systems, such as wallets, exchanges, and smart contracts. The automation aims to simulate attacks that a malicious actor might carry out to exploit weaknesses within these systems.By running automated tests, developers can efficiently scan for common security flaws, such as coding errors, misconfigurations, or weaknesses in cryptographic algorithms. These tools can analyze large amounts of code and configurations, allowing for quicker assessments than manual testing.The results from automated penetration testing highlight potential security risks, enabling developers to address vulnerabilities before they can be exploited. It’s an essential step in ensuring the safety and integrity of transactions and user data, promoting overall trust in the technology. While automated tests are valuable, they are often supplemented by manual testing methods to ensure a comprehensive security assessment. This combination enhances the defense against potential threats, making systems more robust and secure.
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