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Popular bitcoin wallet Electrum faces sophisticated denial-of-service attack

The servers of Electrum, a popular Bitcoin wallet, were under heavy denial-of-service (DoS) attacks Sunday night; The total amount stolen could be in the “millions of dollars” so far. The company advised its users to limit the use of the platform until the issue is resolved, but provided little information on the investigation that’s underway. дальше »

2019-4-9 00:00


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Bitcoin wallet Electrum hit by DoS attack from 140,000-strong botnet

The servers of popular Bitcoin wallet Electrum are under heavy attack, and users are advised to be extra careful when using the platform until it’s resolved. A sophisticated botnet of more than 140,000 machines has launched Denial-of-Service (DoS) attacks on Electrum‘s servers, with apparent intent to direct users to compromised versions of the software designed to steal their Bitcoin. дальше »

2019-4-8 18:06


Binance CEO CZ attacks exchanges with fake trading volume; claims ‘credibility’ is most important

The issue of fake data in the cryptocurrency space has been prevalent for a long time now and many proponents and luminaries in the space are trying hard to combat it. Bitcoin [BTC], the largest cryptocurrency in the space, has been at the center of many controversies involving fake trading volumes and exchanges manipulating the […] The post Binance CEO CZ attacks exchanges with fake trading volume; claims ‘credibility’ is most important appeared first on AMBCrypto. дальше »

2019-4-6 17:30


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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program

North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »

2019-4-5 13:00


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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. дальше »

2019-4-2 21:54


How To Look For Crypto Exchange Red Flags in Bitcoin Space Before Making Your Next Investment

Cryptocurrency exchanges have been subjected to numerous hacking attacks since its inception and most of the times even if the lost funds are traced, the consumers never get back their funds as the attacked exchange goes bust and files for bankruptcy leaving the consumers in a state of limbo. A recent report from statis group […] дальше »

2019-4-1 18:10


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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems. дальше »

2019-3-23 17:29


Criminal Double Spending Bitcoin ATM Users Wanted by Calgary Police Service

According to reports by CBC, double-spend attacks have taken place against Bitcoin ATMs in four Canadian cities. The attacks carried out by four men, entail 112 transactions. Though the identities of the perpetrators are not currently known, the Calgary police are requesting the public’s help in identifying them. The attacks were carried out at a […] дальше »

2019-3-13 18:36


BetterHash Can Improve Bitcoin Mining Decentralization, But When?

The level of centralization in mining is one of the more credible problems with Bitcoin today. While there has not been much activity in terms of actual attacks made possible through mining centralization (although some would refer to SegWit2x as an attack), it does add questions to the level of security offered by various layer-two […] The post BetterHash Can Improve Bitcoin Mining Decentralization, But When? appeared first on Coinjournal. дальше »

2019-3-12 16:15


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Altcoins Beware: An Overview of Recent 51% Attacks

The so-called 51% attacks are among the major security threats to digital currencies as they allow enable perpetrators to control the network and all transactions passing through it. What Is a 51% attack? Cryptocurrencies are bolstered by blockchain technologies or distributed ledgers which store information about all transactions ever made in a network. дальше »

2019-2-7 21:00


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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year

Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75. дальше »

2019-1-24 05:00


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$16 Million Now Believed to Have Been Stolen in ‘Weird’ Cryptopia Hack

Details have so far been murky regarding millions of dollars worth of tokens stolen from New Zealand-based cryptocurrency exchange Cryptopia on Jan. 14. But data company Elementus has been investigating and now says the hack was different from previous attacks of this nature – and the amount stolen is much higher than originally thought. дальше »

2019-1-23 10:32


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Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements

Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm. BIS: Bitcoin Must Drop Proof-of-Work The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21. дальше »

2019-1-22 18:00