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How a Decentralized Randomness Beacon Could Boost Cryptographic Security
11.8.2020
Filecoin will be the first protocol to use this production-ready version of drand to create decentralized, verifiable randomness for “leader selection.”
Researchers Find Flaws in Security Protocols Developed by Major Crypto Exchanges
10.8.2020
Private key protocols for some crypto exchanges have been implemented with bugs that could have been exploited by a well-placed malicious party, researchers say
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
10.8.2020
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In...
Researchers Claim Crypto Exchange Hacks Happen in Three Ways
9.8.2020
Hacks into crypto exchanges target open-source libraries and take advantage of inside jobs researchers said
Ethereum Developers Discuss Potential Ways to Avoid ETC’s Fate
7.8.2020
After a string of 51% attacks on Ethereum Classic, developers from its core chain rival, Ethereum, discuss ways of avoiding the same fate
$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
6.8.2020
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC or $200,000 (at time of writing) to acquire...
Is ETC 102% Screwed After Second 51% Attack?
6.8.2020
Ethereum Classic has suffered its second 51% attack in a week after 4,000 blocks were reorganized earlier today
Republic Cuts Through SEC Red Tape to Raise $16M via Security Token Sale
5.8.2020
Under a pair of SEC regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token
Discovered Vulnerability Made Ledger to Choose Between 'Security and Usability'
5.8.2020
A researcher reported on a vulnerability in major crypto hardware wallet manufacturer Ledger's devices that can result in the loss of bitcoin (BTC), which they claim the company was aware of for a number of months. Ledger, however, argued that they have addressed it already, while having...
Scott Melker Recounts How He Fell Victim to a SIM Swap Attack
5.8.2020
The ‘Wolf of All Streets’ offers suggestions for how to protect one’s crypto assets and identity after his SIM was compromised in February
SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities
4.8.2020
The federal securities watchdog has taken an interest in DeFi's most basic building block
The Ethereum Foundation Is Building a Dedicated Eth 2.0 Security Team
3.8.2020
The Ethereum Foundation is looking to hire a dedicated security team to dissect all aspects of Ethereum 2.0
Cardano ‘Dwarfs’ Tezos After Shelley Hard Fork, Says Security Auditor
3.8.2020
According to a leading blockchain security auditing firm, Cardano will become the second biggest proof-of-stake platform behind Ethereum, dwarfing Tezos
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
Tel Aviv Stock Exchange to Launch Blockchain Securities Platform
3.8.2020
Israel will have its first central securities lending platform this November, built on blockchain technology
Cryptojacking Attacks Are Seriously Underestimated, Says BlackBerry VP
1.8.2020
BlackBerry exec believes that many businesses don’t have a great visibility about the combination of crypto mining apps with malware
Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split
1.8.2020
Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack in January 2019, which led to some...
Beyond.Insure Is Launching A Security Token Offering (STO)
1.8.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Beyond Insure is a new insurtech company based in the Netherlands that aims to develop technology-based insurance solutions for European small and medium-sized enterprises (SME).
Beyond Insure is launching...
Chinese Police Take Down $6 Billion Plustoken Ponzi, Arrest 109 People
31.7.2020
Chinese authorities have reportedly arrested 109 people in connection with the Plustoken Ponzi scheme. Twenty-seven of them are allegedly the scheme’s masterminds and 82 are key members. The Plustoken scammers have swindled funds worth about $5.7 billion from more than 2 million investors....
Noncustodial Technology and Security Is the Inevitable Future
31.7.2020
There’s no doubt noncustodial technology is the future — it’s just a question of when it enters the mainstream