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Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems
23.2.2020
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit...
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
22.2.2020
Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back?
How To Protect Your Tokens From DeFi Attacks
21.2.2020
If you’re a DeFi (decentralized finance) user, do you actually know who can access your tokens? Are you sure that the dapps (decentralized apps) and smart contracts you use can’t access an unlimited amount of your tokens? Most importantly, how can you check that?
Numerous dapps and their smart...
DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks
20.2.2020
Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer
The Flash Loan Attacks Explained (For Everybody)
19.2.2020
Today we're breaking down the flash loan attacks that rocked the DeFi community in a way even your grandpa can understand, presented in both audio and full-text format
Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling
19.2.2020
A report published February 7 and authored in part by Blockstream researcher Christian Decker found that the BTC Lightning Network is “evolving towards an increasingly centralised architecture.” Proponents of LN say this is not a problem, and even critics of the network point to...
BTC Correction, Andrew Yang Out, William Shatner Attacks: Hodler’s Digest, Feb. 10–16
17.2.2020
In this week’s Hodler’s Digest, Bitcoin’s sudden correction, Tom Lee predicts BTC will beat the Dow to 40,000, and the U.S. plans “significant new requirements” on crypto
Why Exchanges List Small-Cap Coins Despite 51% Attacks
11.2.2020
It is profitable for exchanges to list low market-cap coins, despite the potential for 51 percent attacks, say two VCs from Dragonfly Capital
True Scope of Crypto-Ransomware Attacks Remains Unknown
6.2.2020
The exact scope of the financial impact of ransomware attacks carried out using cryptocurrency remains unknown, a new study says. According to the 2020 Crypto Crime report published by Chainalysis, a leading blockchain and crypto analytics firm based out of New York, more than $6.6 million was paid...
Darknet Users Discuss the Connection Between DDoS Attacks and Exit Scams
1.2.2020
During the last few weeks, a number of darknet markets (DNMs) like Dread and Empire have been attacked relentlessly with heavy DDoS attacks. Meanwhile, reports disclose that Apollon is allegedly pulling an exit scam in the same fashion as Nightmare Market did last year. Darknetstats.com details...
9 Ks, 12.5 Percents, 51 Attacks and 20 Crypto Jokes
1.2.2020
This crypto week, we watched Bitcoin play with USD 9K while coronavirus fears weighed on stocks, saw BTC usage rising on darknet markets, found a clear indication of healthy BTC adoption, and discovered that the 51% attack on BTC is pricier and on ETH cheaper. Speaking of ETH, a USD 1.57 million...
Bitcoin Gold Suffers Two 51% Attacks, BTG Rallies 20%
27.1.2020
On Sunday, Bitcoin Gold (BTG), the cryptocurrency that was forked from Bitcoin (BTC) in 2017, confirmed that it once again suffered a 51% attack (two attacks on January 23rd, to be precise). However, investors do not seem worried - BTC rallied almost 20% in the past 24 hours.
At pixel time (10:31...
Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks
27.1.2020
The two attacks last Thursday saw over $87,000 in the cryptocurrency double spent
Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks
27.1.2020
The two attacks last Thursday saw over $87,000 in the cryptocurrency double spent
Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks
27.1.2020
The two attacks last Thursday saw over $87,000 in the cryptocurrency double spent
Telegram Attacks Apple, Musk on Crypto, WEF Debrief: Hodler’s Digest, Jan 20–26
26.1.2020
In this week’s Hodler’s Digest, Telegram’s CEO attacks Apple, Elon Musk reveals what he actually thinks about crypto, and what went down at the World Economic Forum
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...
Chainalysis Finds Exchanges Bolstering Security While Hackers Refine Attacks
23.1.2020
Chainalysis finds exchanges bolstering security but hackers refining attacks
Are Attacks Between Rival Blockchains About to Rise?
18.1.2020
It's no secret that rival blockchain networks, or to be more precise, the people behind the projects, don't like each other. The Bitcoin community rags on Ethereum, while the EOS community rags on Tron, and so on, in a seemingly endless chain of barbs, criticisms and mockery.
But does the war...
Hacker Group Lazarus Uses Fake Exchanges, Telegram Groups in Latest Malware Attacks
11.1.2020
A new report shows that North Korea-linked Lazarus Group has adapted and evolved new techniques since initial attacks, and are using phony trading platforms linking to Telegram channels which distribute malware, as well as making their malware more stealthy by “adding an authentication...