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51% Attack on Bitcoin Is Now Pricier, Attack on Ethereum - Cheaper
28.1.2020
Source: iStock/da-kuk
When it comes to the estimated possibility of a 51% attack, while there's great news for some networks, several networks have a reason to be worried.
After recent attacks on Bitcoin Gold (BTG), we decided to re-visit both the vital discussion of 51% attack vulnerabilities*...
Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend
27.1.2020
A 51% attack on the Bitcoin Gold blockchain lead to double spend of $70,000 worth of the cryptocurrency
Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
26.1.2020
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin...
Why Harvard Research on a Low-Profit Tezos Attack Matters for Proof-of-Stake
8.1.2020
The study reveals some of the understudied aspects of proof-of-stake cryptocurrencies
Bitcoin Hits New 2020 High Above $8,400 After Iranian Missile Attack
8.1.2020
Bitcoin’s price has hit a new record for 2020, reaching as high as $8,438 before retracing slightly
Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud
3.1.2020
When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back...
Ethereum Network Overcame Intentional Attack Affecting Parity Nodes
31.12.2019
On New Year’s Eve, the Ethereum network was reportedly the target of an attack focusing on Parity Ethereum nodes
YouTubers Going into Hiding Mode as Attack on Crypto Continues
26.12.2019
YouTube has continued the attack against crypto-related videos, and the events in the past two days have made some content creators hide their videos, or just abandoned crypto content altogether. Others are calling for a YouTube boycott.
As previously reported, the Google-owned American...
Christmas 'Gift' From YouTube: An Attack on Crypto
24.12.2019
Google-owned American video-sharing giant, YouTube, has been restricting or even deleting some crypto-related videos, claim several channel owners and major crypto YouTubers.
The news of this quickly spread on Twitter and Reddit. One of the first to sound the alarm seems to be Ben Perrin,...
The Central Bank Business Model Is Under Attack
20.12.2019
Libra spurred central banks into action on digital currency projects this year
Is Security of Crypto Exchanges Far From Being Infallible?
20.12.2019
Is it possible for a crypto exchange that stores clients’ funds to be 100% secure? The short answer is no, but there are some nuances to consider. #Sponsored
2 Russian Nationals Charged With Mining Crypto on State Computers
16.12.2019
Two Russian nationals are being prosecuted for allegedly crypto mining on Russian government-owned computer systems, state news agency TASS reported Monday
‘Strange’ Litecoin Network Activity Could Be Related To August Dust Attack
15.12.2019
Strange Litecoin network behavior might be related to the Aug. 10 dust attack on Litecoin
VeChain Loses $6.6M in VET Tokens to Hacker in Attack on Buyback Wallet
13.12.2019
An unknown hacker has moved 1.1 billion VeChain tokens via the VeChain Foundation buyback address to a personal wallet
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...
Texas-Based Data Center CyrusOne Hit by Ransomware Attack
5.12.2019
One of the largest data centers in the U.S., CyrusOne, has reportedly been exposed to an attack from the REvil (Sodinokibi) ransomware
Vertcoin Network Sabotaged by Another 51% Attack
2.12.2019
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. Also read: Cryptocurrency Projects...
Vertcoin 51% Attack ‘Motive Uncertain’ as Hackers Lose up to $4,000
2.12.2019
Vertcoin hackers fail to steal more as Bittrex closes down wallet
CryptoBridge Shuts Down, Vertcoin Falls Victim of a 51% Attack Again
2.12.2019
The last month of 2019 has started with bad news for two relatively small projects in the Cryptoverse: a crypto exchange, CryptoBridge, ranked 187th, is shutting down, while a coin, ranked 235th, Vertcoin (VTC), experienced another 51% attack.
CryptoBridge announced on its website that they'll...
Finland Prepares For Bitcoin Ransomware Attack With Cyber Fire Drill
22.11.2019
Finland is coordinating a simulated Bitcoin ransomware attack on more than 200 Finnish cities and organizations