Once $80-million privacy crypto Grin comes under 51% attack

2020-11-9 01:30

If you were around in 2018 or early 2019, you likely remember the hype around MimbleWimble. The post Once $80-million privacy crypto Grin comes under 51% attack appeared first on CryptoSlate.

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Sidechains vs Plasma vs Sharding

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


Tron (TRX) Price Analysis and Prediction 2019 – Minor Pullback After A Solid Run (June 3rd Update)

4H TRXBTC After TRX bottomed out at 306 satoshis and launched a mini bull run, to the local high of 404 sats. A stronger pullback sent it below to 344 and it hovered around 351 sats. TRX then launched another attack at the 404 sats resistance and even managed to temporarily smash it to reach […] The post Tron (TRX) Price Analysis and Prediction 2019 – Minor Pullback After A Solid Run (June 3rd Update) appeared first on CaptainAltcoin.

2019-6-3 04:55


Ripple’s XRP Price Analysis and Prediction 2019: Getting Ready To Attack $0.50 Level (May 28th Update)

Daily XRPBTC XRP almost gave away all the May 13th – May 17th (big move of 1600 sats) gains over bitcoin. Right now, XRP is hanging below EMA20 around 4800 sats after being rejected at a sturdy resistance zone of Fib236 at 5600 sats that needs to be shattered before XRP can attack the Fib50 […] The post Ripple’s XRP Price Analysis and Prediction 2019: Getting Ready To Attack $0.

2019-5-28 01:02


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Binance Relaunches With $1.2M Giveaway Following System Upgrade

Cryptocurrency exchange Binance is preparing to leave its $40 million hack behind it, confirming it had relaunched most of its service May 15. Binance Goes Live (Again) Only around one week after hackers managed to circumvent security mechanisms in what CEO Changpeng Zhao said was a coordinated attack, Binance is finishing its last checks before going fully live.

2019-5-15 16:30


In Light Of Binance Reorg, MIT Developer: “Bitcoin’s Software Has Been Downgraded In The Past”

MIT Developer: “Bitcoin's Software Has Been Downgraded In The Past” Following the recent attack on Binance which saw the premier trading platform lose around $40 Million worth of digital assets, many people from within the global crypto community have been saying that it is time for BTCs dev team to “reorganize/tweak the currency’s framework” — […]

2019-5-10 21:01


On Collusion

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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After reports of Nicehash controlling around 70% of DASH Nethashrate, the 51% attack is once again a real Threat

Nicehash owns about 70% of DASH mining network according to a Reddit user (Jan 10), and the news is already causing a wave of concerns within the community Investigation It looks like someone currently controls over 51% of DASHs hashrate over Nicehash mining pools; a recent Reddit post accusing Nicehash of being a threat to Proof of Work (PoW) cryptocurrencies.

2019-1-11 15:22


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A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

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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Town In Canada Meets Hackers Demands With Bitcoin Ransom

In the Ontario province of Canada, holds the town of Midland which has a population of more than 16,000 people and has recently had its computer systems hacked and infected with ransom malware. The town of Midland has come to conclusion that they are going to meet the hackers wants and pay them (as per their demands) in Bitcoin, in order to get the computer system up and running again.

2018-9-12 13:00