2020-9-2 12:03 |
The leading organization supporting the Ethereum Classic network hopes to better safeguard against future 51% attacks by going after platforms that rent out hashing power.
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Ethereum’s transition to 2. 0 may be blighted by serious attacks in the future. A research firm identifies three methods such attacks could be carried out on the network. Top Ethereum developer allays fears and offers multiple fixes to the hypothetical security breach.
2021-11-10 23:15 | |
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This past week Ethereum Classic suffered not one, but two 51% attacks. The culprits were able to make off with millions as a result. While this doesn’t directly cause the underlying network to slow, due to the attacks this cryptocurrency’s confirmation times have increased drastically.
2020-8-9 22:00 | |
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Ethereum Classic’s lead development team, ETC Labs, is investigating the recent 51% hack after hiring Kobre & Kim, an investigations firm to lead its legal proceedings. The firm will also use blockchain analysis firm, CipherTrace services, who will work together with U.
2020-8-9 18:30 | |
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After a string of 51% attacks on Ethereum Classic, developers from its core chain rival, Ethereum, discuss ways of avoiding the same fate.
2020-8-8 20:54 | |
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After suffering two 51% attacks in a week, the ETC community is reeling. Vitalik Buterin suggested that ETC change its consensus algorithm to Proof of Stake. But is the conservative “Code Is Law” protocol ready for a change? On July 31, Ethereum Classic was hit by the first of two 51% attacks.
2020-8-7 09:38 | |
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Ethereum Classic (ETC), the fork or version of the Ethereum protocol that didn’t freeze the funds of the infamous DAO hack, has been under the spotlight over the past week. The post Why isn’t Ethereum Classic worth $0? Macro investor asks after 51% attacks appeared first on CryptoSlate.
2020-8-7 09:00 | |
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Despite suffering its second 51% in a week, and major exchanges disabling deposit, withdrawal, and some trading services, Ethereum Classic is up 2% over yesterday.
2020-8-8 08:39 | |
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Ethereum Classic has experienced two 51% attacks in the past two years, suggesting low overall network security. As the network hash rate continues to decline, future 51% attacks become a greater possibility as the cost for an attack also continues to decline.
2020-8-5 15:01 | |
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Recently, prominent Ethereum blockchain explorer Etherscan announced the launch of “ETH Protect,” a new tool that seeks to identify and flag Ether (ETH) addresses in receipt of tainted funds associated with crypto exchange hacks, attacks, and other illicit activities.
2020-4-15 13:00 | |
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With so much innovation going on in the space, DeFi has become a big rising star over the years. In a more recent milestone, DeFi apps on the Ethereum network hit an all-time high of $1.21 billion on The post DeFi attacks reignite centralization dilemma, debates on protocol reliability appeared first on AMBCrypto.
2020-2-26 22:30 | |
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A 51% attack is an attack on a blockchain org?nized by a group of miners controlling more than half of its computational power. Now, a way to stop them has been proposed!
2020-2-14 14:47 | |
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Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity.
2019-11-25 04:03 | |
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Ethereum founder and programmer Vitalik Buterin thinks the Proof-of-Stake protocol will make the Ethereum blockchain safer than Bitcoin in the next few years according to a press release dated October 9, 2019, from Decrypt.
2019-10-10 13:00 | |
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Recommended pre-reading: https://ethresear. ch/t/minimal-anti-collusion-infrastructure/5413 Alice slowly walks down the old, dusty stairs of the building into the basement. She thinks wistfully of the old days, when quadratic-voting in the World Collective Market was a much simpler process of linking her public key to a twitter account and opening up metamask to start firing off votes.
2019-10-2 04:03 | |
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Ethereum has seen an increasing value for ETH since it hit its all-time low of $80 back in December last year. However, after testing the $319 resistance back in June, its value has been steadily falling since then, with a current value of around $170.
2019-9-29 23:00 | |
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After drone attacks on Saudi oil facilities, oil rised 12% – for the first time in last 30 years. The Corn stayed flat. But Ethereum took off. Saudi company Aramco said it lost 5.7 million barrels of production per day as a result of the attack. This is about 50% of the total oil production […]
2019-9-16 17:48 | |
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AirSwap, an Ethereum based peer to peer decentralized exchange announced a “critical vulnerability” in their new smart contract release during the weekend. The internal security review processes picked out a loophole in the new AirSwap Instant smart contract in about 20 user addresses.
2019-9-16 17:19 | |
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Special thanks to the Plasma Group team for review and feedback Current approaches to layer 2 scaling - basically, Plasma and state channels - are increasingly moving from theory to practice, but at the same time it is becoming easier to see the inherent challenges in treating these techniques as a fully fledged scaling solution for Ethereum.
2019-9-2 04:03 | |
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As Ethereum's hashrate remains 42% lower than its highest point in August 2018, the network leaves itself open to a 51% attack while the blockchain's community continues to struggle with in-fighting.
2019-7-24 19:19 | |
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There are advances towards Ethereum 2.0 with researchers confident that the new scalable network will be more robust, "handling PoS attacks with grace." The post Ethereum Researcher: In ETH 2.0, PoS Attacks To Be Handled With Grace appeared first on Ethereum World News.
2019-7-18 13:00 | |
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The IOTA Foundation recently presented a research paper with a novel algorithm for improving the network’s ability to combat spam attacks and congestion. The algorithm takes elements from proof-of-work algorithms, like Bitcoin’s, and proof-of-stake algorithms, like that being developed for Ethereum.
2019-6-26 22:39 | |
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As Bitcoin (BTC) prices surge so do cases of deliberate attacks on public systems and demand for ransom payment in the coin increase. The post Bitcoin Soars, Cases Of BTC Ransom Demands Spike appeared first on Ethereum World News.
2019-6-22 23:18 | |
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Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.
2019-6-14 04:03 | |
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IOTA Foundation, the main pillar behind the development of IOTA, recently unveiled the blueprint for Coordicide, the killer of Coordinator, which is expected to launch in the coming months. A Coordinator [Coo] is a centralized protocol that controls the transactions and security on the IOTA blockchain, with its key function being protecting Tangle against attacks.
2019-5-30 15:51 | |
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Ethereum Classic [ETC] endured a 51% attack twice in the month of January, attacks which successfully latched on to ETC’s blockchain for several days. The losses estimated following the breach accounted for more than $1 million.
2019-5-28 20:00 | |
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Hackers are still one of the biggest threats to Proof-of-Work networks. In the past year, digital thieves have used rented hash power to stage successful attacks on Vertcoin, Verge , Bitcoin Gold, Ethereum Classic, and several other cryptocurrencies, most of which have never recovered.
2019-5-24 02:01 | |
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The hacking of Cryptopia happened back in January, but it is clear that there’s still plenty of information left to this story. Exchanges have been hacked for much of the lifetime of cryptocurrency, and even Binance has succumbed to their share of these attacks.
2019-5-21 22:11 | |
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Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to verify the content of large data structures.
2019-5-16 20:00 | |
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Despite the growth that Tron is experiencing at a technological and commercial level, Justin Sun’s company is no stranger to controversy, and during the last few days, a series of disputes have arisen out of.
2019-5-15 19:58 | |
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51% attacks are a cryptocurrency’s worst nightmare. These attacks destroy confidence in a project and emphasize the need for carefully designed proof-of-work consensus. Below is a list of the five most prolific 51% attacks in crypto.
2019-4-24 12:50 | |
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Ethereum [ETH]’s movement on the cryptocurrency charts has been termed ‘slow’ or ‘unresponsive’ by many people involved in the world of digital assets. This subtle attack on the Vitalik Buterin co-founded network has been a prolonged process with many betting on the “death of the Ethereum network” due to the rise of faster and more […] The post Ethereum [ETH] witnessed 6 of 10 of its highest usage days in the past three weeks despite bear attacks appeared first on AMBCrypto.
2019-4-18 18:30 | |
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The Bitcoin Wallet – Electrum – Under Attack By A 14,000 Strong Bot-Based DoS Attack DoS attacks, according to research over last year, is one of the few kinds of digital attacks that cryptocurrencies and blockchains are vulnerable to.
2019-4-8 22:15 | |
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After Ethereum Classic “deep chain reorganization”, Dash and RepuCoin are taking steps to prevent future attacks waged against their network through ChainLocks and miner reputations. The post Here’s What DASH and RepuCoin Are Doing to Prevent 51 Percent Attacks appeared first on Ethereum World News.
2019-3-27 13:45 | |
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Apparently, there is a setting that is disabled in MetaMask which exposes the privacy of user information to potential attacks. MetaMask is a gateway to DApps built on the Ethereum blockchain network.
2019-3-24 02:15 | |
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A long-time contributor to the ethereum codebase is taking a step back from social media after tweeting contentious remarks.
2019-2-18 06:52 | |
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EOSBet, which is currently the 8th-most popular gambling dApp, has announced that visitors are now able to use Bitcoin to gamble on the site. Ethereum and several other altcoins will also be added in the future.
2019-2-15 21:30 | |
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Ameen Soleimani is known to the public as the CEO of SpankChain, a peer-to-peer platform that is setup for adult performers. Upon starting the venture, Soleimani had just left ConsenSys and was open about his support of Ethereum.
2019-2-11 17:51 | |
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The team at Mozilla have released a series of bug updates that hint they are getting closer to implementing code to block cryptomining and fingerprinting on the Firefox browser. As reported by the Block and BleepingComputer, the new feature will protect users from possible fingerprinting and crypto-jacking attacks that utilize CPU resources to mine cryptocurrencies […] The post Firefox Browser Could Soon Block Cryptomining and Fingerprinting appeared first on Ethereum World News.
2019-2-11 10:32 | |
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Cryptocurrency, Hacks, Scams–On a day when crypto prices traded sideways, with little change in valuation to start the second month of the year, two of cryptocurrency’s more popular wallets have reported experiencing phishing attacks.
2019-2-6 05:18 | |
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Recently, Richard Gendal Brown, CTO of Corda, published an argument that Ethereum is not prepared for enterprise adoption because of the recent 51% attack on Ethereum Classic (ETC). Brown’s argument is paraphrased as follows: The Ethereum network’s utility to enterprise blockchains rests in the ability of those consortia blockchains to ‘anchor’ their data in the […] The post Ethereum Myth Busted: Apples To Oranges On 51 Percent Attacks appeared first on Crypto Briefing.
2019-1-30 00:30 | |
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Ethereum Classic (ETC), the cryptocurrency using the original Ethereum blockchain after Ethereum (ETH) forked away following the DAO hack… The post Ethereum Classic (ETC) Introduces Surveillance System for Double Spending Attacks appeared first on Invest In Blockchain.
2019-1-25 04:20 | |
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Over $200,000 worth of Ethereum Classic was stolen from Gate.io following a 51 percent attack. Learn why similar hacking incidences may still occur in 2019. The post Bearish Crypto Market Likely to Lead to More Hacking Attacks appeared first on CoinCentral.
2019-1-21 20:16 | |
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Following a successful 51% attack on the Ethereum classic network, confidence in the security of the blockchain has been battered, particularly with the threat of secondary attacks still looming over the network.
2019-1-17 23:00 | |
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Less-popular result of the Ethereum hard fork, Ethereum Classic, recently suffered a 51% attack which led to more than $200,000 being stolen from exchanges. Recent data from the cryptocurrency’s blockchain suggests that more similar attacks might be on the way.
2019-1-15 08:39 | |
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Abnormal network activity this past Sunday on ethereum classic caused certain miners to receive thousands of dollars in payout. These peculiar transactions also caused average transaction fees and hashrate levels to reach unprecedented highs.
2019-1-15 01:00 | |
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Because of recent events, the community is abuzz with the effects and after effects of 51% attacks. For those of us who are uninformed, the Ethereum Classic coin, recently, faced a 51% attack that was pointed out by Coinbase.
2019-1-12 15:54 | |
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51% attacks are catastrophic in the cryptocurrency world–or are they? 51% attacks may be a little bit scary but here’s why they don’t affect price. The Ethereum Classic 51% Attack Ethereum Classic, one of the most popular altcoins by market cap, just succumbed to a 51% attack.
2019-1-11 04:00 | |
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This video by Naomi Brockwell of ‘normies’ explaining Bitcoin reminds us there’s still a long way to go taking cryptocurrencies to the masses. Let’s be honest. Between wild price swings, sensational hash wars, Ethereum forks, 51% attacks, and bearish regulators, it’s easy to get caught up in the crypto space.
2019-1-10 01:00 | |
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Security firm SlowMist has come out with a public analysis of the latest chain attacks seen on ethereum classic.
2019-1-10 19:51 | |
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Многие пользователи крупнейшего майнингового маркетплейса NiceHash во время вчерашнего обвала рынка обнаружили, что не могут вывести свои активы. Вечером 18 мая компания опубликовала уведомление об ограничении вывода средств «из-за более раннего инцидента, который был улажен, и протоколов безопасности в качестве меры предосторожности».
The company has "regularly waived profits" for three years, the firm's CEO wrote Thursday.
NiceHash—one of the world’s largest hash power broker and cryptocurrency exchange, now supports the Lightning Network (LN) after the completion of their Beta testing. In a post published on July 24, 2020, it said interested users can now connect to their LN node after previously explaining that the move was a necessary “step in theRead MoreRead More.
Появление новых вирусов неизбежно — они регулярно создаются и модифицируются хакерами. Последняя “новинка” несет угрозу для моделей Antminer. Как оказалось, вирус опасен не только для S17, а поддерживает всю линейку Antminer 17 и 15.
The U.S. Department of Justice is seeking to extradite the alleged hacker over crimes he's already served time for in Slovenia.
NiceHash Miner upgrade released with support for X16Rv2 algorithm - CryptoNinjas NiceHash, a crypto-mining hash power broker, has announced that a new version of the NiceHash Miner software is now available for download via GitHub.