2020-8-7 08:40 |
Ethereum Classic has suffered its second 51% attack in a week after 4,000 blocks were reorganized earlier today.
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The attacker attempted to double-spend roughly $3.3 million during the second attack.
2020-8-8 16:58 | |
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Barely a week after nefarious agents took control of the Ethereum Classic network, double spending $5. 6 million worth of ETC, the 24th largest project by market cap is once again under attack. Earlier today (Aug 6, 2020), CoinDesk reported that 4,000 ETC blocks were “reorganized” in a classic 51 percent attack.
2020-8-6 17:00 | |
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Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Ethereum Classic (ETC) price drops after reports of a 51% attack.
2020-8-6 15:01 | |
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Ethereum Classic has experienced yet another malicious 51% attack—the second in under a week. Binance has frozen all Ethereum Classic deposits and withdrawals. Reports have shown that a 51% attack on the Ethereum Classic blockchain reorganized 4,000 blocks on the chain.
2020-8-6 11:08 | |
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A second reorg attack hit the Ethereum Classic blockchain in the last week. After two consecutive blows to the blockchain’s immutability, the community needs to rally to find a viable...
2020-8-6 09:16 | |
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Ethereum Classic has suffered a 4,000-block long reorganization, its second such incident in five days. The first attack, which saw more than 3,000 blocks reorged, saw an attacker steal more than 800,000 ETC, worth about $5.6 million.
2020-8-6 08:10 | |
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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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As if one attack against a DeFi protocol is not enough, bZX keeps generating headlines. The protocol has been “abused” for the second time in less than a week. One could argue that the first incident is not even a hack.
2020-2-19 02:00 | |
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bZx, the DeFi protocol on the receiving end of the ecosystem’s latest exploit, has been hit with a second attack, this time using the protocol’s own flash loans that were...The post 2,388 ETH Estimated Lost in bZx’s Second Exploit appeared first on Crypto Briefing.
2020-2-18 10:57 | |
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Bitcoin hard fork, Bitcoin Gold (BTG) that aims to be GPU-mineable by using the Equihash algorithm also known as “Zhash” suffered a 51 attack last week. A 51% attack is a potential attack on a blockchain network where a single entity or organization is able to control the majority, more than 50% of the hash […]
2020-1-27 17:50 | |
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Bitcoin Gold (BTG) has just suffered a 51-percent attack which resulted in the double-spending of 7,167 BTG (~$72,000). This isn’t the first time that the Bitcoin clone has been attacked in this fashion.
2020-1-28 13:59 | |
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Bitcoin Gold, a minor fork of Bitcoin, fell victim to a 51% attack last week, according to an independent report on GitHub. Bitcoin Gold’s Low Hashrate to Blame As explained by Vertcoin maintainer James Lovejoy, the cryptocurrency suffered two deep reorganizations on Thursday, Jan.
2020-1-27 12:06 | |
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The MetaMask app has been suspended from the Google Play Store. Citing concerns that the app mined on user devices, this is the second time this week that Google censors cryptocurrency ecosystems hosted on its platforms.
2019-12-27 15:02 | |
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The Vertcoin (VTC) blockchain was 51% attacked on Sunday, December 1, which saw 603 VTC blocks replaced by 553 blocks from the attacker. This is the second time the ASIC resistant Vertcoin chain was ambushed, as the network suffered a 300-block reorg a year ago.
2019-12-3 19:40 | |
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Vertcoin, a crypto project that sets out to keep mining power decentralized, has suffered its second 51-percent attack in a year.
2019-12-3 15:30 | |
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Vertcoin recently suffered its second 51% attack in 12 months, with the newest attack occurring almost exactly 1 year since the previous one. Reports of a 51% attack on the project known as Vertcoin (VTC) has flooded the web in the last few hours.
2019-12-2 14:20 | |
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Less than a year after a block reorg that caused $100,000 worth of double-spending, VertCoin has seen yet another 51 percent attack where 603 blocks were reorganized on the chain. As per Crypto Briefing, a mere 125 BTC, worth $29, was sent to the hacker’s wallet, but the larger implications of this show that theRead MoreRead More.
2019-12-3 13:55 | |
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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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Binance, the top-dog of cryptocurrency exchanges was in the cross-hairs of a recent trading attack. During the early hours of September 16, the Malta-based exchange was targeted by a “known,” market maker, who tried to contort Bitcoin Futures trade to make a quick buck.
2019-9-16 08:13 | |
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Last Week Today – Bitcoin and Cryptocurrency Weekly Digest August 10-17 Bakkt receives all regulatory approvals, set for September launch China's central bank set to launch state-backed cryptocurrency IRS sends a second letter of warning to cryptocurrency traders Litecoin network suffers dusting attack from Russian mining pool Bakkt at long last. How will it affect […]
2019-8-19 05:27 | |
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The shootings in Dayton, Ohio and El Paso, Texas are still fresh in the memory of Americans. Like every previous shooting, these raised urgent questions about gun laws in the United States of America.
2019-8-14 17:30 | |
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After the tangle in Taipei between Arthur Hayes and Nouriel Roubini, Bloomberg journalist Tim Culpan claims that securities regulators in the United States – most likely the CFTC – are looking into the matter.
2019-7-19 15:56 | |
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Lake City, a small town in northern Florida, paid almost $500,000 in Bitcoin to hackers following a ransomware attack on the city’s computer systems. This is the second time in two weeks a Florida town has been a victim of a ransomware attack, bringing the total ransomware payment in the state to over $1 million.
2019-6-29 09:59 | |
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Officials in Lake City, Florida, paid $500,000 worth of bitcoin to hackers who had brought down the city's computer system for two weeks. Lake City is the second Florida town in as many weeks to pay a bitcoin ransom as a result of a ransomware attack.
2019-6-27 22:16 | |
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Cities in the United States are under attack from hackers. In recent times, cities like Baltimore in Maryland, Cartersville in Georgia and Lynn in Massachusetts have all suffered attacks. And now, a city in the state of Florida has caved in and decided to pay the hackers.
2019-6-27 18:17 | |
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A second town in Florida has paid over $500,000 in Bitcoin to hackers following a ransomware attack. Officials in Lake City paid the hackers after their computer systems were down for two weeks.
2019-6-27 17:13 | |
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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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By CCN: Most of the Baltimore City’s government systems have been locked down since May 7th as a result of the “Robbinhood” ransomware attack. The successful crypto locking has forced the city to go “manual” in most aspects of its daily business and has affected several areas of life.
2019-5-16 08:27 | |
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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.
2019-4-11 21:47 | |
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In its second attack in less than six months, Electrum announced on April 7, 2019, that it was targeted in a fake wallet attack. Attack of the Wallets In an ideal situation, crypto wallets would be virtually impenetrable and free from threats.
2019-4-9 17:00 | |
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Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.
2019-4-5 04:03 | |
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Bithumb was hacked for the second time in less than a year as attackers managed to steal 3 million EOS coins and 20 million XRP. The subsequent laundering of the $21 million dollar haul was then tracked in real time by a twitter analyst, as the hacker swapped the tainted coins for other cryptocurrencies on non-KYC exchanges.
2019-3-30 14:57 | |
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Bitcoin hash rate, the computing power securing the network, has reached levels not seen since early November 2018. Bitcoin Hash Rate May Have ‘Bottomed’ March 19th saw the Bitcoin hash rate surge past 52 quintillion hashes per second according to data from Blockchain.
2019-3-20 12:00 | |
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There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data.
2019-2-19 00:19 | |
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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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On January 29, 2019, Elementus reported that Cryptopia has suffered a second attack that led to the loss of 1,675 ether (ETH) tokens after suffering a similar attack on January 14, 2019. On January 15, 2019, New Zealand-based crypto exchange Cryptopia suspended activities after suffering a hack that led to significant losses.
2019-1-31 13:00 | |
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Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.
2019-1-21 21:52 | |
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Although the Bitcoin price stumbled, fundamental developments for the crypto industry’s facets remained strong during the second week of 2019. New York opened a so-called “Blockchain Center,” purportedly funded by Microsoft, Ripple achieved a key milestone, and Bloomberg claims that Japanese regulators may green light a Bitcoin exchange-traded fund (ETF) in the future.
2019-1-13 21:00 | |
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The recent 51% hack suffered by Ethereum classic known as the brother of ethereum the second rated Cryptocurrency on the 5th of January has thrown the crypto market into speculation of more 51% attack taking place.
2019-1-10 11:02 | |
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Ethereum Classic, a fork of Ethereum, was hacked using a 51 percent attack on the coin’s blockchain, with more than $1 million worth of ETH stolen so far. Ethereum Classic Remains Under Siege A less popular offshoot of the world’s second largest cryptocurrency is currently in its third day of the siege, as it was hacked […] The post Ethereum Classic Network Loses More than $1 Million In 51% Attack appeared first on CryptoSlate.
2019-1-10 03:33 | |
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Ethereum Classic, one of the most popular forks of the second most valuable cryptocurrencies by marketcap has suffered a 51-percent attack. After Chinese blockchain security firm SlowMist raised the alarm, an analyst at CoinNess dug a little deeper.
2019-1-8 13:34 | |
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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.
2019-1-3 07:14 | |
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A major vulnerability has been exposed in Electrum, a leading Bitcoin wallet with several forks that are compatible with other cryptocurrencies. This is the second Electrum bug in a single year, and the crypto community is now debating the merits of the wallet.
2018-12-29 23:09 | |
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One of the worst things to happen to a proof-of-work cryptocurrency is a 51 percent attack. Such attacks undermine the immutability—and consequently the trust—in a blockchain. Satoshi Nakamoto summarized proof-of-work as “one-CPU-one-vote.
2018-12-10 13:20 | |
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This is a guest post by Johter V. Seriaum On the second of December 2018, a double spend attack was performed on Vertcoin. A large amount of ASIC hashrate was rented anonymously through rental services to attack the 4 year old blockchain.
2018-12-3 20:18 | |
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A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds.
2018-11-22 00:34 | |
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“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.
2018-11-15 18:50 | |
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Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users.
2018-9-29 23:18 | |
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Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape.
2018-9-26 02:13 | |
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