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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 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...
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
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...
How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago
31.10.2019
On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes...
Talos Reveals Panda Crypto Malware Group’s Scoop Of $100K in Monero Since 2018
20.9.2019
Just like any other industry domain, cryptocurrency and blockchain sector also has people who constantly work to sneak into the network secretly with an intention to snatch away the assets of the customers. The recent announcement by a cybersecurity firm is about the disclosure of a notorious group...
Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
28.6.2019
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when...
Amazon Alexa Would Soon be Able to Identify a Heart Attack and Save Lives
24.6.2019
Heart attacks are one of the biggest reasons behind deaths all over the world, but Amazon’s Alexa is going to introduce a service that could preempt heart attacks. Heart failures are one of the biggest reasons behind death all across the world, and the failures that happen outside hospitals...
Maxwell, Wuille Co-Author Proposal for a Big Boost to Bitcoin’s Bandwidth
2.6.2019
A new paper outlines a proposed protocol that seeks to boost the bandwidth for bitcoin nodes
Honest Nodes Spoiling a Theft Attempt Is Not a 51% Attack, BCH Devs Detail
27.5.2019
A number of Bitcoin Cash detractors and media publications have recently been spreading a false narrative that the BCH network was ‘51% attacked.’ In reality, however, honest nodes used their hashrate to stave off attacker nodes that were attempting to steal funds on the network. Also...
Bitcoin Cash Miners Undo Attacker’s Transactions With ‘51% Attack’
24.5.2019
Two mining pools recently carried out a 51 percent attack on the bitcoin cash blockchain
Alternative Ethereum Blockchain Gains Support as Price Declines
25.7.2016
Ethereum Classic may have started as a protest currency against the hard fork, but it is gaining more services