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Bitcoin Gold (BTG) Gets Delisted By Bittrex Crypto Exchange Due To $18 Million Hack
Bittrex Exchange Removes Bitcoin Gold From Their Exchange Among cryptocurrency startup companies, the risk of theft, extortion, or major attack is very significant. The cryptocurrency community has always been especially susceptible to crime, because of the prevalence of technology-minded hackers in the markets, as well as the anonymous nature of cryptocurrencies in general. For these […] дальше »
2018-9-4 13:37 | |
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Bittrex Delists Bitcoin Gold Amid Lack of Compensation Over 51% Attack
Bittrex, one of the planet’s largest cryptocurrency operators, has delisted BTG from its exchange after the Bitcoin Gold Organization declined to pay 12,372 BTG (about $265,000) to remain listed. The Seattle-based exchange required a compensation from the BTG team for negligence over the 51% attack in May that allowed hackers to steal more than 388,000. дальше »
2018-9-4 01:00 | |
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Major cryptocurrency exchange delists Bitcoin Gold following $18M hack
The threat of attack is very real for upstart cryptocurrency projects. Bitcoin Gold, a popular hard fork of Bitcoin, is set to be delisted from cryptocurrency exchange Bittrex. The reason for the removal is that the currency has suffered a series of debilitating heists that netted thieves over $20 million in stolen funds. дальше »
2018-9-4 17:21 | |
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John McAfee’s ‘Unhackable’ Bitfi Hacked for the Second Time via Cold Boot Attack
John McAfee endorsed Bitfi wallet is in the news once again. The “unhackable” wallet has been hacked again by two security researchers. Both claim that they used a cold boot attack to hack into the wallet and expose vulnerabilities in the wallet’s security. дальше »
2018-9-2 15:59 | |
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CheapAir Held To Bitcoin Ransom
CheapAir, the online travel agency specialising in finding cheap air fares and allowing users to pay in cryptocurrencies has fallen victim of a Bitcoin ransom attack, demanding that the service pay up around $10,000. дальше »
2018-8-29 16:00 | |
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New Payfone Patent To Prevent SIM Swap and Porting Attacks
Payfone has been awarded a patent for SIM swap and porting attack prevention technology, which is already being used by organizations to reduce or eliminate fraud. The technology will also help cryptocurrency companies provide more levels of protection to their client’s accounts. дальше »
2018-8-29 13:50 | |
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San Francisco judge orders bail payment in Bitcoin
A federal judge in San Francisco has ordered a cyber-criminal to pay their bail charges in Bitcoin, inadvertently stimulating cryptocurrency mainstream adoption. The Daily Post – a local Palo Alto newspaper – reports Martin Marisch has been charged with hacking the well-known video games company Electronic Arts, responsible for popular titles like FIFA, The Sims, and Battlefield. дальше »
2018-8-17 15:20 | |
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Support For Bitcoin Grows As U.S. Dollar Depts Spike High
Popular figures like Robert Kiyosaki has made a sharp attack on the U. S. Dollar calling it a scam. He further exects cryptocurrencies to take over fiat currencies in a few years. The post Support For Bitcoin Grows As U. дальше »
2018-8-13 17:26 | |
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The PGA Falls Victim To Bitcoin Ransomware Attack
While cryptocurrency prices have taken a tumble, with valuations falling by upwards of 70%, ransomware still seems to be a medium of attack for cryptocurrency-focused hackers. As per an article from Golfweek, the Professional Golfers Association, a group of the best golfers from around the globe, has fallen under a cyberattack. дальше »
2018-8-10 21:51 | |
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PGA Falls Victim to Cryptocurrency Ransomware Attack
Cyber-criminals engaging in cryptocurrency ransomware have found another victim: the Professional Golfers’ Association (PGA). Suspected hackers have hijacked the computer servers of the American PGA and demanded a ransom in Bitcoin. дальше »
2018-8-10 19:16 | |
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PGA Championship Hit with Bitcoin Ransom Attack
Hackers have set their eyes on the PGA Championship’s computer system in the latest cyber heist, demanding a Bitcoin ransom. According to Newsmax, the PGA’s computer system suffered a security breach leaving some files inaccessible unless a Bitcoin ransom is paid. дальше »
2018-8-10 12:00 | |
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The Anatomy of a Successful BItcoin Ransomware Attack and How to Prevent Becoming a Victim
In early 2016, reports of a particularly crippling ransomware attack began to surface. While many of the victims were based in the U. S. , the attacks were also witnessed in other parts of the world. дальше »
2018-8-6 03:00 | |
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Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done
This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger. дальше »
2018-8-5 16:08 | |
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The Weekly: China Hires Cryptographer, McDonald’s Unveils Maccoin
In this week’s daily editions of Bitcoin in Brief we reported about China hiring a cryptographer, McDonald’s unveiling Maccoin, Bitmain getting richer and much more. The most commented-on article during the week covered Paul Krugman’s new attack on the idea of cryptocurrency on the pages of The New York Times. дальше »
2018-8-6 14:12 | |
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UBS: US Bitcoin should attack $ 213000 to change the payment
Zurich-based investment bank and financial services company Union Bank of Switzerland (UBS) has said that the Bitcoin (BTC) price must hit nearly $213,000 to replace U. S. money supply, Bloomberg reported August 2. дальше »
2018-8-3 09:26 | |
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Audits and Quality Assurance: Patching the Holes in Smart Contract Security
On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23. дальше »
2018-8-3 19:24 | |
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Bitcoin Cash Price & Technical Analysis: BCH is Under Attack of the Bears
Bitcoin Cash is falling for the fourth day in a row. In Thursday, August 2, Bitcoin Cash is trading at 749. 70 and is heading down by 2. 5%, reports Dmitriy Gurkovskiy, Chief Analyst at Roboforex. дальше »
2018-8-3 17:49 | |
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Bitfi alleges attack by “army of trolls”, Trezor’s Rusnak fires back
John McAfee, long famous in the cryptocurrency space for the “I’ll eat my d**k” bet made on the price of Bitcoin [BTC], has recently emerged as a strong advocate of Bitfi Wallet. The wallet is a so-called ‘brain wallet’ that allows users to keep their funds safe “in their own brains”, which basically means that […] дальше »
2018-8-2 05:23 | |
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The Daily: NFL Players to Earn Crypto, McDonald’s Unveils Maccoin, Bill Clinton at Swell
In today’s edition of Bitcoin in Brief we cover the stories about how NFL players can start to earn some extra cryptocurrency, McDonald’s latest publicity stunt called Maccoin, former US president Bill Clinton to speak at Swell by Ripple, and Binance’s acquisition of Trust Wallet. дальше »
2018-8-1 11:55 | |
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Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims
With the vast amounts of money going around, it’s no surprise that the greater Bitcoin ecosystem is rife with scams, hacks and cyber attacks of all kinds. Operating in such an environment, cautious users are always mindful of their security and learn to avoid outrageous claims that are sometimes nothing more than just that. дальше »
2018-8-1 06:35 | |
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Dutch Authorities Slap Bitcoin Ransomware Creators with 240 Hours Community Service
Two malicious coders who orchestrated a ransomware attack on 1,259 computers demanding bitcoin back in 2015 have finally been sentenced to 240 hours of community service by a Rotterdam court, according to a local news source NU on July 26, 2018. дальше »
2018-7-29 09:00 | |
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Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). дальше »
2018-7-27 22:45 | |
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Roger Wer denies advertising to cryptocurrency exchanges not supporting Bitcoin Cash
The eccentric bitcoin enthusiast and millionaire Roger Ver, who has been supporting Bitcoin Cash since last year, went on an attack on cryptocurrency exchanges and trading platforms that do not allow buying and selling BCH. дальше »
2018-7-27 20:15 | |
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The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million
In today’s edition of Bitcoin in Brief we cover a number of stories related to crime from around the cryptosphere: an exchange operator pleads guilty to securities fraud, a scammer is fined over $1. дальше »
2018-7-25 14:58 | |
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The Bank Of Canada Reveal The Truth About Double Spend Attacks
2018 seems to have been coined the year of the double spend attack. Attacks have occured left, right and centre and frankly, the threat of the double spend attack doesn’t seem to have let up just yet. дальше »
2018-7-24 06:00 | |
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Cryptowhispers: DDoS Attacks, Serious Failure, Major Fox in Twitter Drama
The company partnered with Lionsgate to feature two products: the studio’s forthcoming movie and the app’s crypto platform. Fans were led via social media in an effort to find literal money drops off campus, around San Diego’s downtown. дальше »
2018-7-23 10:40 | |
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Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
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Indian Hospital Data Hit With Ransomware By Hackers; Bitcoin Demanded
Indian Hospital Data Encrypted by Hackers Who Demand Bitcoin Ransom One of India’s most prominent hospitals, which also happens to be located in the wealthiest city of Mumbai is the latest casualty of a ransomware attack. дальше »
2018-7-20 16:51 | |
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Op Ed: Addressing the Threat of Cryptomining Malware
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »
2018-7-18 23:18 | |
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Did EOS Manipulate the Ethereum Network? EOS CTO Denies the Claims
A Reddit post claims that the recent network price manipulation on the Ethereum Network could be connected to bots funded by EOS, calling it a possible case of a corporate network attack. The post also suggests that an ERC20 token could be using bots to boost volumes artificially and spam the Ethereum blockchain network. дальше »
2018-7-16 18:04 | |
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Litecoin’s Charlie Lee Says Bitcoin’s Lightning Network is Ultimate Exchange
Lightning Network – An Alternative to the Bancor Exchange? Charlie Lee Thinks So After undergoing an attack which resulted in the loss of $12 million, the Bancor cryptocurrency trading platform is set to resume operations. дальше »
2018-7-14 23:34 | |
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Bank of Finland Report Says Cryptos Are Not Currencies but Accounting Systems
Many of the world’s regulators are racking their brains on how to come up with relevant rules that could curb crypto’s dark uses without hampering the industry’s growth. However, the Bank of Finland released a report that has been described as a scathing attack on these digital currencies. дальше »
2018-7-13 16:04 | |
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Israeli Crypto Platform Bancor Loses $23.5 Million Worth of Tokens in Security Breach
Attacks on crypto platforms have become common in 2018. The latest victim is an Israeli start-up, Bancor, which calls itself a “liquidity network” for cryptocurrencies. The platform that lets users convert cryptocurrencies directly from their wallets suffered a security breach on Monday, July 9. дальше »
2018-7-11 16:09 | |
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Over a Million Computers Fall Prey to Crypto Mining Attack
Local police, recently, arrested a group of Chinese technology professionals in Da Lian City over charges of running a $2 million illegal crypto mining scheme. Of the 20 suspects, 11 were released on bail while 9 others have been jailed. дальше »
2018-7-10 16:14 | |
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Ignorance is Bliss! Reactionary Economists Keep Yelling at Bitcoin
Joseph Stiglitz, Nouriel Roubini, and Kenneth Rogoff have once again come out of the woodwork to attack Bitcoin — though they might need to get their facts straight. ‘No Government Can Allow That’ Joseph Stiglitz, a Nobel Prize-winning economist and professor at Columbia University, believes Bitcoin will be shut down by governments around the world — while illustrating a serious lack of knowledge on what Bitcoin even is. дальше »
2018-7-9 21:00 | |
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The New York Post Really Doesn’t Have a Clue About Bitcoin
Here at NewsBTC we love hearing the musings of dusty old conservatives trying to debase something they know absolutely nothing about. Today we thought we’d share with you one such baseless attack on the protocol that the bankers just love to hate. дальше »
2018-7-5 21:00 | |
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Bitcoin maximalism against narrow minded
But if Bitcoin proponents continue to ignore or attack these other applications, we may see them flourish on other networks instead. The Predestination Trap Bitcoin may very well end up the single, dominant public blockchain, but this is not guaranteed. дальше »
2018-7-3 20:01 | |
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Report: 2.3 Million Bitcoin biodatas Focused on by Malware That ‘Hijacks’ Windows Clipboard
A new attack on Bitcoin users which gains control of Windows clipboard to swap out addresses is already monitoring 2.3 million targets, sources reported June 30. The malware, part of a family of threats known as “clipboard hijackers,” secretly gains control of memory, running in the background to ensure users do not notice its presence. дальше »
2018-7-2 20:18 | |
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John McAfee Asks Users to Spurn Bitcoin [BTC] Exchange
Software magnate and crypto enthusiast John McAfee came back to social media after a recent mysterious poisoning attack. This time, he is not promoting a coin but asking his followers to boycott unfair cryptocurrency companies like HitBTC. дальше »
2018-7-1 16:19 | |
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Tether In Controversial Double Spend Attack
Tether is a cryptocurrency with a growing reputation. Very recently, Tether has been noted to have some impact on the value of Bitcoin, in fact research has recently found that Tether has been used to manipulate the price of Bitcoin, bringing into question a whole host of problems and questions. дальше »
2018-6-29 16:30 | |
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All the ways you lose your Bitcoin – Bloomberg
Not Really Your FaultPhone Porting Pretty basic: Scammers hijack people’s mobile accounts by calling their carriers and impersonating them. The thieves get their victims’ numbers transferred to new devices and ultimately gain access to crypto accounts. дальше »
2018-6-29 14:02 | |
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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week. дальше »
2018-6-29 23:07 | |
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Майнинговый пул BitPico запускает стресс-тест сети Bitcoin Cash
Разработчики майнинг-пула BitPico объявили, что приступают к попытке провести атаку 51% на сеть Bitcoin Cash (BCH), пообещав, что по ее результатам заставят создателя этой криптовалюты Роджера Вера «рыдать». дальше »
2018-6-28 12:24 | |
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BitPico Ready to Launch a 51% Attack on Bitcoin Cash: Bitcoin Cash (BCH) Technical Analysis (June 28, 2018)
There is a supremacy “war” going on between BTC and Bitcoin Cash but the common thing is that both are bleeding. At current prices, $600 is but some ticks away and that means caution since there have been reaction at this level when we point out Bitcoin Cash daily price chart. дальше »
2018-6-28 03:04 | |
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Bitcoin Cash [BCH] under attack: An individual vs investors!
An unknown engineer is debilitating to strike the Bitcoin Cash [BCH] coordinated with a progression of spam attacks that the attacker accepts to be sufficient enough to shake the system. The engineer had addressed individuals about his endeavor in the not-so-distant past, however, on June 22nd, the anonymous attacker said that the surge has begun and […] дальше »
2018-6-27 14:26 | |
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‘Roger Ver Will Now Cry’: Stress Testers Start Attack on Bitcoin Cash
BitPico, a group of “Bitcoin developers, miners and whales” which previously stress-tested the Lightning Network, has begun attacking altcoin Bitcoin Cash (BCH). ‘The Bcash attack has been started’ In a series of tweets beginning June 22, the group, whose members’ identities remains unclear, declared that having tested Lightning’s mainnet implementation for rigidity via a coordinated attack, it would do the same to test the BCH network – this time using a 51% attack. дальше »
2018-6-26 20:00 | |
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A Character Called Bitpico Thinks He Can Stress-Test the BCH Network
This Sunday news. Bitcoin. com reported on a community-driven Bitcoin Cash network stress test taking place this September. However, allegedly another stress test is in the works with malicious intent, according to a lesser known developer named Bitpico. дальше »
2018-6-26 08:35 | |
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