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Argentina Government Refuses to Pay $4M Bitcoin Ransom to Hackers Who Paralyzed Its Borders
9.9.2020
The government of Argentina has reportedly refused to pay a $4 million bitcoin ransom demanded by hackers who hijacked the country’s immigration systems, temporarily crippling cross-border movements. On Aug. 27, the cybercriminals – now identified as a group calling itself Netwalker...
Crypto Investors Have Ignored Three Straight 51% Attacks on ETC
8.9.2020
Three 51% attacks on the Ethereum Classic network have not yet made a significant impact on the price of its cryptocurrency
Major Chilean bank shuts down all branches following ransomware attack
8.9.2020
There is a nationwide alert for future ransomware campaigns against Chilean companies
Electrum Bitcoin wallet still plagued by known crypto phishing attack
6.9.2020
Two new Bitcoin hacks have surfaced recently, showing the Electrum wallet still appears to be troubled by phishing efforts
Vitalik Buterin reveals why a 51% attack on ETH 2.0 ‘would not be fatal’
3.9.2020
A 51% attack on Ethereum 2 would not be fatal according to Vitalik Buterin, amid concerns the yETH vault could amass enough Ether to launch an attack
Hardware Wallet Flaw Lets Attackers Hold Crypto for Ransom Without Touching Device
2.9.2020
A hypothetical man-in-the-middle attack would have allowed an attacker to hold users’ crypto for ransom on Trezor and KeepKey hardware wallets
‘DogByte’ Attack Found in ‘Randomness’ Protocol Proof for Ethereum 2.0 Beacon Chain
1.9.2020
The “DogByte” attack would have allowed attackers to cheat the Ethereum 2.0 random beacon chain by gaming smart contracts and block validator selection
Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 Million
1.9.2020
Tesla’s Elon Musk has said the company recently foiled attempts to infect its computer network with malicious software, after an employee cooperated with the FBI in an investigation. The malicious software would create an opportunity for criminals to extort money from Tesla. Musk’s...
Ethereum Classic Up by 3% Today After Third 51% Attack In a Month
31.8.2020
The crypto market sent the price of ethereum classic (ETC) higher in the early hours of Monday (UTC time), despite the news that one of the top 35 crypto networks by market capitalization suffered its third 51% attack in a month.
At pixel time (04:46 UTC), ETC trades at USD 6.68 and is up by 3%...
Ethereum Classic suffers another 51% attack
30.8.2020
It’s the third attack this month
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
30.8.2020
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...
Ethereum Classic Blockchain Subject to Yet Another 51% Attack
30.8.2020
The Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third 51% attack this month, according to mining company Bitfly, which also spotted the first attack on Aug. 1
Why a State Attack on Bitcoin Is Neither Likely, nor Likely to Succeed
29.8.2020
Now that bitcoin (BTC) is establishing itself as an alternative store of value, fears are growing that governments might one day be motivated to try to take it down.
Members of the Bitcoin community have recently been brainstorming scenarios involving theoretical governmental offensives against...
Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’
28.8.2020
A number of university researchers published a study that demystifies the “fake deposit vulnerability” in Ethereum-based smart contracts. The findings show that over 7,000 tokens worth more than $1 billion built on top of Ethereum are vulnerable to two types of attacks that exploit...
Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen
26.8.2020
One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s...
Ethereum Tokens Worth $1B Vulnerable to ‘Fake Deposit Attack’
25.8.2020
A software bug that deposits fake balances into cryptocurrency exchange wallets has been detected in 7,772 ERC-20 tokens worth over $1 billion
Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack
23.8.2020
According to a number of sources, one of the largest darknet markets in the world, Empire Market has been offline for well over 36 hours. The researcher and analyst Dark.fail has been tweeting about the subject, as the market hasn’t been down for this long since 2019. It seems the popular...
Ethereum Classic Labs Plans ‘Defensive Mining’ Strategy as Hash Rate Plummets
21.8.2020
The network’s hash rate has fallen 74% since January
Did Jack Daniels Thwart a Ransomware Attack or Not?
20.8.2020
Jack Daniels says it successfully fended off the attack, but the REvil ransomware gang has put stolen data up for auction on the darknet
Dust Attacks Make a Mess in Bitcoin Wallets, but There Could Be a Fix
18.8.2020
When dust settles in your home, you sweep it up. But what happens when dust makes its way into your Bitcoin wallet? Cleaning it up may not be so simple