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Litecoin Active Address Analysis Points to ‘Dusting Attacks’
The Litecoin network has gone through what looks like a series of “dusting attacks”. Multiple addresses received “dust” amounts of LTC on at least two large-scale occasions in August and November, with other unusual spikes in transaction counts and wallet activity. дальше »
2019-12-15 19:25 | |
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Microsoft: Russian government hackers are targeting IoT devices
Microsoft today warned that Russian government hackers have been using video decoders, printers, and internet of things devices to breach computer networks. In a blog post, the Microsoft Threat Intelligence Center wrote that the “devices became points of ingress from which the actor established a presence on the network and continued looking for further access. дальше »
2019-8-6 03:36 | |
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Peter Schiff Attacks CNBC After Network Gave More Attention To Bitcoin (BTC) Than Gold
Bitcoin is on a bull run recently, so it is normal that the crypto asset will get more attention from the media than assets such as gold, right? Well, that is not what Peter Schiff believes. Schiff, who is a well-known investor of the gold industry, was pretty pissed recently because CNBC is giving more […] дальше »
2019-8-6 22:34 | |
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Ethereum's Hashrate Woes Leave The Network Vulnerable To Attacks
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. дальше »
2019-7-24 19:19 | |
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DAPI meant to resolve barriers to crypto-adoption, claims Dash Core Group’s Ryan Taylor
Ryan Taylor, CEO of Dash Core Group, was in the news last week after he claimed that the implementation of Chainlock protocol would make the network immune to 51% attacks and a chain re-org. Dash is in the news yet again, for their soon to be released Decentralized API [DAPI]. дальше »
2019-7-24 23:30 | |
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Ethereum Researcher: In ETH 2.0, PoS Attacks To Be Handled With Grace
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. дальше »
2019-7-18 13:00 | |
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Chainlock makes Dash immune to 51% attacks, claims Ryan Taylor
Dash was recently in the news for the implementation of Chainlock, a protocol which helps the Dash network become immune to 51% attacks or a chain re-org. Ryan Taylor, Dash CEO, was recently featured in an interview where he spoke extensively on Chainlock, New InstantSend and more. дальше »
2019-7-14 00:30 | |
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IOTA Foundation Shares Details Of Improved Network Security And Scalability
Researchers for the IOTA Foundation have released details of their plan to combine proof-of-work algorithms with proof-of-stake algorithms to improve the IOTA network's ability to avoid congestion and tackle spam attacks. дальше »
2019-6-26 00:43 | |
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IOTA Foundation showcases improved algorithm with better security and scalability
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. дальше »
2019-6-26 22:39 | |
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Dengba Planet ICO
Dengba inn, the predecessor of Dengba planet, was founded in 2007. After 12 years of operation and development, 88 Dengba inns have been established in 70 cities in 10 countries around the world. More than 1,000,000 Backpackers come to Dengba every year, and nearly 50,000 online Backpackers have formed in recent years. дальше »
2019-6-18 22:51 | |
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Bitcoin Cash’s [BCH] Roger Ver attacks Lightning Network; claims tech uses custodial ‘non-wallets’
The BCH community’s hostility towards Bitcoin core’s scalability and the solution for the same, the much-hyped Lightning Network, is no secret. Many prominent enthusiasts of Bitcoin Cash have criticized the technology previously. дальше »
2019-6-5 06:30 | |
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What the Rise of Quantum Computing Spells for Cryptocurrencies
The effects of quantum computing on cryptocurrencies is bound to have a huge effect on network security. With the exponential increase in computing capabilities, the efficacy of brute force attacks massively increases. дальше »
2019-5-29 21:00 | |
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Ethereum Classic [ETC]: Mining begins in Astor Network as community responds to 51% attack
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. дальше »
2019-5-28 20:00 | |
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New Update Will Make Dash Immune To 51 Percent Attacks
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. дальше »
2019-5-24 02:01 | |
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Dash Upgrades Mainnet To Prevent 51 Percent Attacks
The upgrade to Dash's network will create 240 elected "masternodes" that will work to monitor and verify transactions, meaning the blockchain is no longer reliant on miners to confirm transactions. дальше »
2019-5-23 00:33 | |
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TRON suffered from a critical bug that could’ve crashed its entire blockchain
Just one computer could have brought TRON’s entire blockchain to a screeching halt, a new HackerOne disclosure has revealed. Until quite recently, bad actors were reportedly able to maliciously consume the CPU power of the network with Distributed Denial-of-Service (DDoS) attacks. дальше »
2019-5-6 18:49 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Ethereum [ETH] witnessed 6 of 10 of its highest usage days in the past three weeks despite bear attacks
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. дальше »
2019-4-18 18:30 | |
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Electrum Servers Remain Under Sustained DoS Attack
Electrum servers are still under a sustained Denial-of-Service (DoS) attack. The wallet developers announced the issue on April 7, 2018. In correspondence with Bitcoin Magazine, Electrum developer Thomas Voegtlin speculated that the attack may be a form of retaliation from a phishing attacker who has been targeting Electrum in recent weeks. дальше »
2019-4-11 21:47 | |
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Sparkswap raises $3.5 million to build a crypto exchange on Bitcoin Lightning Network
2019 saw multiple attacks on crypto exchanges, many of which resulted in the loss of millions. In a bid to check such cases, Sparkswap, is planning to launch a cryptocurrency exchange using the features of the Bitcoin Lightning Network. дальше »
2019-4-9 11:30 | |
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Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense
Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. дальше »
2019-4-5 16:23 | |
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Here’s What DASH and RepuCoin Are Doing to Prevent 51 Percent Attacks
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. дальше »
2019-3-27 13:45 | |
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VeriBlock’s Bitcoin-Backed Security Protocol Goes Live
After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security. дальше »
2019-3-27 19:35 | |
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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 | |
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Japan: Crypto Network Hacks Doubled In 2018
2018 saw an almost 50 percent increase in the number of attacks on Internet of Things (IoT) devices and crypto networks in Japan, as reported by Asahi, March 7, 2019. Intensified Effort Probably the only thing that strikes more fear into the minds of the blockchain community than a bear market is a hack, severalRead MoreRead More. дальше »
2019-3-8 22:00 | |
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SpankChain CEO Attacks Ethereum Over Lack of Speed in Launching Blockchain 2.0 Version
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. дальше »
2019-2-11 17:51 | |
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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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Ethereum Myth Busted: Apples To Oranges On 51 Percent Attacks
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. дальше »
2019-1-30 00:30 | |
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BetterHash Protocol Lets Pool Miners Regain Control Over Their Hash Power
One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them. дальше »
2019-1-26 23:50 | |
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Ethereum Classic Price Analysis: Broken confidence
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. дальше »
2019-1-17 23:00 | |
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Fee Spike on Ethereum Classic Raises Fears of More Exchange Attacks
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. дальше »
2019-1-15 01:00 | |
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Here’s Why 51% Attacks Don’t Affect Price
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. дальше »
2019-1-11 04:00 | |
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Gate.io Exchange Claims it Lost $200,000 of Ethereum Classic (ETC) After 51% Attack
The cryptocurrency exchange Gate. io explained that it lost $200,000 in Ethereum Classic (ETC) coins after the 51% attack that the network is currently experiencing. It seems that the exchange lost 40,000 ETC since the network experienced double spend attacks. дальше »
2019-1-9 23:19 | |
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Vertcoin (VTC) plans hardfork against ASICs
In the late second half of 2018, ASICs were made available for Vertcoin’s algorithm, Lyra2REv2. Due to the centralizing influence of these asics, a majority of network hashrate was collected by renting them to execute various majority hashrate attacks on the network. дальше »
2019-1-8 12:08 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
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Syncing Data Between Bitcoin Nodes Is About to Get Easier
Minisketch is a new solution that’s trying to solve an old problem. Spearheaded by Blockstream co-founder Pieter Wuille, Bitcoin Core contributor and fellow Blockstream co-founder Gregory Maxwell, and Blockstream software engineer Gleb Naumenko, the open-source initiative is designed to achieve set reconciliation between the mempools of each full node. дальше »
2018-12-18 18:48 | |
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IOTA Gets Ready To Fly After Coordicide
IOTA (MIOTA) is about to commit coordicide. No need to dial 911, it’s not as morbid as it sounds. The IoT-powered project is moving closer to its goal of total decentralization, and preparing to remove a central node that’s designed to protect the network from double-spending attacks. дальше »
2018-12-12 00:33 | |
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Vertcoin (VTC)’s 51% Mining Attack Matters Says MIT Digital Currency Initiative Advisor
A few days ago, the virtual currency Vertcoin (VTC) experienced a 51% attack in which a miner (or a group of miners) controlled more than half of the network hash power. This allowed attackers to conduct multiple attacks and double spend some funds. дальше »
2018-12-11 03:35 | |
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Vertcoin Network Suffers 300-Block Reorg Following 51% Attacks
Vertcoin (VTC) is currently struggling with a series of 51 percent attacks and a number of blockchain reorganizations. According to recently published data, the vertcoin chain has experienced over 22 reorgs and has lost more than $100,000 due to the attacks, with the last reorg clocking in at over 300 blocks deep. дальше »
2018-12-5 01:05 | |
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Vertcoin 51% Attack Could Have Caused $100K in Double Spending
Vertcoin has been experiencing ongoing 51% attacks, reportedly resulting in $100K of double spending on the network. Rough Couple of Months for Vertcoin In a detailed blog post, Coinbase security engineer Mark Nesbitt revealed that Vertcoin’s network went through repeated 51% attacks, with the largest reorganization having a length of 310 blocks and a depth of 307 blocks which, according to the specialist, may have caused double spends upwards of $100,000. дальше »
2018-12-4 13:00 | |
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DASH Cryptocurrency Payment Network to Apply ‘ChainLocks’ to Eliminate 51% Blockchain Attacks
The Dash, which is a payment network will soon be introducing a unique new network upgrade, one that will be able to eliminate the threat of having about 51% attacks that happen on the protocol. With the ChainLocks platform, it is able to enable the transactions to be easily secured and confirmed once the block […] дальше »
2018-12-3 22:03 | |
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Understanding How Blockchain Fees And Incentives Help Fend Off Network Spam Attacks
A lot of newcomers to crypto space often wonder why transaction fees are necessary, especially since miners receive block rewards. However, the truth is that block rewards can be enough only for a certain period, especially when it comes to Bitcoin, which has its block rewards cut in half approximately every four years. For now, […] дальше »
2018-12-3 21:27 | |
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ChainLocks: Dash Upgrade To Eliminate 51 Percent Attacks
Payments network Dash (DASH) may soon implement a new, unique network upgrade that will reportedly “eliminate” the threat of a 51% attack from the protocol, once fully implemented ChainLocks enables transactions to be confirmed and secured as soon as the block has been processed, rather than waiting for six other blocks to be signed first. дальше »
2018-12-3 00:06 | |
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Bitcoin Cash ABC update exposes potentially catastrophic vulnerability
It hasn’t been long since the monstrously wasteful hash wars began, but it already seems both newly spawned blockchains are running into potentially crippling technical difficulties. Shortly after BSV (nChain’s implementation of Bitcoin Cash) suffered from a bug that split its network in two, it appears that BAB (Bitcoin-ABC’s implementation of Bitcoin Cash) has rolled out a software update that puts its entire network at risk of 51-percent attacks from rogue miners. дальше »
2018-11-21 20:52 | |
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