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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
Ethereum Classic 51% Attack: Okex Crypto Exchange Suffers $5.6 Million Loss, Contemplates Delisting ETC
18.8.2020
Cryptocurrency exchange Okex reveals it suffered the $5.6 million loss as a result of the double-spend carried out by the attacker(s) in Ethereum Classic 51% attack. Okex says it fully absorbed the loss as per its user-protection policy while insisting that the attack did not cause any loss to...
Bitcoin’s Hashrate Hits Record High 130 EH/s, as BTC Price Faces Resistance at $12,000
17.8.2020
Bitcoin’s seven-day average hashrate has reached a new all-time high of 130 exahash per second (EH/s) – a feat that might positively influence the asset’s price, while adding to the fundamental strength of the Bitcoin network. According to the latest data from charts.Bitcoin.com...
Buffet’s Gold Investment Triggers Schiff’s Attack on Bitcoin
17.8.2020
Crypto skeptic and gold enthusiast Peter Schiff has welcomed legendary investor Warren Buffett’s latest decision to invest in Canadian miner Barrick Gold, and not in crypto, as proof that bitcoin (BTC) "is just a passing fad."
Bitcoin’s so-called arch nemesis believes that gold will...
Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin
12.8.2020
Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last
Ethereum Classic’s Terrible, Horrible, No Good, Very Bad Week
10.8.2020
Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications
Ethereum Classic Attacker Successfully Double-Spends $1.68M in Second Attack: Report
7.8.2020
The attacker attempted to double-spend roughly $3.3 million during the second attack
$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...
It's Classic Now: Ethereum Classic Suffers Another 51% Attack
6.8.2020
Ethereum Classic (ETC), one of the top 30 crypto networks by market capitalization, suffered another 51% attack in less than a week.
"Today another large 51% attack occurred on the #ETC which caused a reorganization of over 4000 blocks. Until further notice ETC pool payouts are disabled...
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
Ethereum Classic Suffers Second 51% Attack In a Week
6.8.2020
Ethereum Classic has suffered a 4,000-block long reorganization, its second such incident in five days. The first attack, which saw more than 3,000 blocks reorged, saw an attacker steal more than 800,000 ETC, worth about $5.6 million
51% Attack Bleeds More Than $5m From Ethereum Classic
6.8.2020
Forensic analysis suggests the recent Ethereum Classic blockchain reorganization was a carefully orchestrated malicious attack
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