2024-5-19 22:41 |
LayerZero’s ongoing self-reporting effort to combat Sybil attacks has revealed more than 800,000 sybil addresses. Next, it kicks off the 'bounty hunting' stage.
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A Sybil attack is an attempt to gain disproportionate control over a peer network by creating many fake identities. Learn how blockchains prevent them. The post What’s a Sybil Attack & How Do Blockchains Prevent Them? appeared first on CoinCentral.
Crypto exchange Coinbase has unveiled a new metric dubbed the h-index to address distortions in tracking onchain adoption caused by airdrop-related activities. Coinbase, a publicly traded U.S.-based cryptocurrency exchange, known for its development of Base, a layer-2 solution for Ethereum,…
The LayerZero Labs team hinted at information that may disqualify the majority of airdrop hunters who farmed the expected ZRO airdrop for some two years.
Connext Network, a protocol that interacts with native blockchain bridges to optimize security, is the subject of intense scrutiny after one wallet appears to have exploited its NEXT token airdrop.
Arbitrum’s upcoming airdrop for its new governance token, ARB, has reportedly encountered significant Sybil activity, exacerbated by what experts have called “ineffective” detection rules. According to an analysis by crypto security researcher X-explore, Arbitrum’s Sybil detection rules had flaws that…
A Sybil attack is an attempt to gain disproportionate control over a peer network by creating many fake identities. Learn how blockchains prevent them. The post What’s a Sybil Attack & How Do Blockchains Mitigate Them? appeared first on CoinCentral.