2019-9-29 10:34 |
BTC’s Lightning Network developer Rusty Russel discloses the network’s vulnerability
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In a bid to further secure its network from bad actors, smart contract-enabled blockchain, Cardano has revealed that it is doubling the bug bounty for whoever discovers and reports any vulnerability on the network to its team of developers.
2022-2-17 08:00 | |
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A severe vulnerability for the Lightning Network (LN) has been revealed with Rusty Russell, an LN dev, describing the critical bug as: “Basically, you think I am paying you but... The post Vulnerability Reveals the Lightning Network Was Not Backed By Bitcoin appeared first on Trustnodes.
2019-9-28 18:16 | |
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A severe vulnerability for the Lightning Network (LN) has been revealed with Rusty Russell, an LN dev, describing the critical bug as: “Basically, you think I am paying you but... The post Critical Lightning Network Bug Did Not Verify Bitcoin Transactions appeared first on Trustnodes.
2019-9-29 18:16 | |
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On August 30, software programmer Rusty Russell announced that he had found a major security vulnerability in various lightning projects that could have allowed attackers to strip users off their money.
2019-9-28 17:03 | |
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Lightning Network developers have identified a vulnerability that could leave the funds of users at risk. Lightning Labs recommends that all users immediately upgrade to the latest implementation of the Lightning Node software, in which the weakness has been patched.
2019-9-29 16:20 | |
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Cryptography may be the foundation of a secure network, but human factors should never be underestimated. Bitcoin developers have finally revealed the details of a vulnerability in the Lightning Network, which was first discovered last this month.
2019-9-28 23:37 | |
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More details emerge about the Lightning Network security vulnerability with users being advised to update their nodes ASAP
2019-9-28 21:53 | |
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Bitcoin developer Rusty Russell disclosed Friday the lightning network vulnerability that forced software upgrades in July.
2019-9-28 21:45 | |
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The company behind niche cryptocurrency Zcash is urging the network to upgrade node software to the latest version immediately, as it contains an “important security fix. ” “Users should upgrade their nodes to [version 2.
2019-9-26 17:47 | |
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Lightning Labs has confirmed that a major vulnerability in the Lightning Network has been exploited ‘in the wild. ’ The peer-to-peer payment network is meant to provide fast and inexpensive Bitcoin payments, but as the bug incident demonstrates, it may not yet be ready for serious payments.
2019-9-15 22:05 | |
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Blockchain infrastructure security firm, OpenZeppelin, has revealed a vulnerability in the Libra open-source scripting language, Move, which would have enabled hackers to take control of smart contracts on the network.
2019-9-11 14:00 | |
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Lightning Network, Bitcoin’s second layer solution, has seen an exploit of a known vulnerability.
2019-9-11 10:35 | |
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The Lightning Network is designed to make Bitcoin and other cryptocurrencies more secure. Unfortunately, it seems that is not always the case. A recent vulnerability has been discovered which affects most clients used to access Bitcoin’s Lightning Network.
2019-9-11 01:59 | |
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The Lightning Network is designed to make Bitcoin and other cryptocurrencies more secure. Unfortunately, it seems that is not always the case. A recent vulnerability has been discovered which affects most clients sued to access Bitcoin’s Lightning Network.
2019-9-11 01:59 | |
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The CTO of Lightning Labs confirms cases of the vulnerability on Lightning Network first reported on Aug. 30 having been exploited
2019-9-11 22:27 | |
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“Security issues have been found in various lightning projects which could cause loss of funds. ” So says Rusty Russell, a developer of bitcoin’s Lightning Network, without revealing any detail regarding.
2019-8-30 15:12 | |
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Hackers have stolen a massive trove of sensitive data and defaced the website of SyTech, a major contractor working for Russian intelligence agency FSB (Federal Security Service). BBC Russia, which reported the breach, said “it’s possible that this is the largest data leak in the history of the work of Russian special services on the Internet.
2019-7-22 08:36 | |
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Bitcoin [BTC] does not have a physical form, making the virtual currency both an efficient and vulnerable asset. The vulnerability and security aspect of Bitcoin has been debated in the past, with many speculating what would happen to it in the face of a nation-state level attack that could possibly jeopardize the network.
2019-6-11 08:55 | |
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A recent post on the Cosmos Network Forum highlighted a critical security vulnerability. According to the post, the vulnerability was reported to the Tendermintn team. It continues that a patch is available in v 0.
2019-6-4 00:22 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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A high severity bug on the TRON network could have allowed an attacker with a single computer to crash the network, as first reported by TNW. The fault stems from a vulnerability related to spamming smart contracts.
2019-5-7 11:10 | |
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By CCN: According to The Next Web and explosive data from HackerOne, a security bounty website, a single computer could have shut down the Tron network by draining the cryptocurrency network’s resources.
2019-5-7 00:00 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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On March 6th 2019, an attack was detected on the PIVX network zerocoin protocol, or zPIV. The linked article provides detailed information about the vulnerability which allows an attacker to fake serials accepted by the network, effectively allowing them to spend zerocoins which were never minted.It also includes information
2019-3-18 07:11 | |
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As if Bitmain’s year hasn’t been rough enough, having posted big losses and laying off entire departments, its flagship product now has a firmware vulnerability. A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmain’s S15 firmware.
2019-2-21 23:44 | |
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Just 48 hours before the planned Constantinople hard fork for Ethereum the brakes were anchored on as a network code vulnerability was discovered. The price of Ethereum took a dive and the upgrade was postponed until the end of this month.
2019-2-14 12:00 | |
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Zcash has been in the news recently for all the wrong reasons. Their team discovered and fixed a huge vulnerability of its system. Following that they said that vulnerability would have allowed hackers to counterfeit ZEC on the network, which would be a huge problem for the company. By using this bug, someone could print […]
2019-2-6 18:36 | |
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The Zcash team has recently discovered and fixed a huge vulnerability of its system. Now, the team explained all about it on its official site. This vulnerability would have allowed hackers to counterfeit ZEC on the network, which would be a huge problem for the company. By using this bug, someone could print infinite ZEC […]
2019-2-6 04:52 | |
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Parity users have been told to upgrade their nodes after a vulnerability was discovered on February 3, 2019. Killing Bugs An attack on a blockchain is one of the most destabilizing things that could happen to a network, as can be seen with the 51 percent attack that took place on the Ethereum Classic networkRead MoreRead More.
2019-2-5 15:00 | |
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Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.
2019-1-21 21:52 | |
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The long-awaited Constantinople hard fork of the Ethereum network will be held later. A potential vulnerability has been discovered in the update code that compromises the entire network.
2019-1-16 00:43 | |
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Lightning is all the rage these days and, while it's an exciting development, users currently have to have a full node running in order to transact in it. In this article, I'm going to introduce Neutrino, a new protocol for light clients to get the data that they need while preserving privacy and without trusting a central server.
2019-1-4 21:11 | |
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A post on Chinese microblogging website Weibo has revealed that certain NEO users may be affected by a critical software vulnerability that could potentially lead to loss of tokens. The bug was reportedly discovered by another Chinese company, Tencent Security.
2018-12-3 21:00 | |
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A recent vulnerability in the Ethereum network could have reportedly allowed hackers to gain massive profits from cryptocurrency exchanges which haven’t set up a Gas usage limit. A Critical Vulnerability A group of researchers discovered a vulnerability in Ethereum which allowed attackers to drain exchanges by burning their ETH on high transaction costs or to benefit directly by minting GasToken.
2018-11-27 02:00 | |
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It hasn’t been long since the monstrously wasteful hash wars began, but it already seems both newly spawned blockchains are running into potentially crippling technical difficulties. Shortly after BSV (nChain’s implementation of Bitcoin Cash) suffered from a bug that split its network in two, it appears that BAB (Bitcoin-ABC’s implementation of Bitcoin Cash) has rolled out a software update that puts its entire network at risk of 51-percent attacks from rogue miners.
2018-11-21 20:52 | |
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Ontology Network has announced a strategic partnership with DVP, the first blockchain vulnerability platform, in a move that is set to unleash unprecedented changes for vulnerability sharing. Ontology's extensive collaboration will focus on building a decentralized vulnerability sharing platform with blockchain as the underlying technology support. DVP will assist in the development of a blockchain […]
2018-11-8 04:05 | |
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In today’s rapidly advancing world of blockchain innovation, it’s no secret that cryptocurrency wallets, exchanges and enterprise platforms are targets for nefarious activity.
2018-10-16 18:58 | |
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Blockstream Concede Vulnerability of Its Liquid Network to Hardware Backdoor Blockstream, a bitcoin technology firm conceded that its Liquid Network is vulnerable to hardware backdrop. This was stated in an announcement by the firm after the revelation that certain Chinese-manufactured motherboards contain backdoors.
2018-10-7 20:53 | |
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After spending a whole day breaching and stealing from the Pigeoncoin network, a hacker managed to get away with tokens worth only $15,000. The attack reportedly took place on Sep 27, 2018, and was carried out by exploiting a bug in the Bitcoin code.
2018-10-6 17:00 | |
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Last week, the Bitcoin Core team came out with a brand-new update to its client which was supposed to address a major vulnerability on the chain. The vulnerability made it easy for hackers to execute a “denial of service” attack on the network, which could be a potentially devastating security problem. But in many ways, […]
2018-9-28 08:58 | |
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Recently, a Bitcoin Cash developer exposed a significant vulnerability in the Bitcoin Core network. The bug, labeled as a Denial-of-Service and inflation malware, could have resulted in the collapsing of a large portion of the BTC network.
2018-9-27 22:34 | |
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A week ago, Bitcoin developers disclosed a glaring vulnerability in the network that could’ve led to a series of abrupt chainsplits. Well, it appears this scenario has begun to play out. The good thing is that the incident took place on a controlled testnet, not the Bitcoin mainnet.
2018-9-27 18:01 | |
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More than a week after Bitcoin Core released a client update that addressed a denial-of-service vulnerability and consensus bug in its software, most nodes are still running old software. That’s a problem.
2018-9-27 20:15 | |
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NEO officially launched its vulnerability bounty program today, offering up to $10,000 for to the top prize developers who find critical issues in the network. Citing security as one of its top concerns, NEO said that it had rewarded several developers who found problems in the system in the past two years of mainnet launch.
2018-9-23 16:23 | |
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Earlier on in the week, the crypto and blockchain community was made aware of a bug in the Bitcoin Core code. The vulnerability affected versions 0. 16. 3 and 0. 17. 0rc4 of the code behind the famous blockchain network.
2018-9-22 15:45 | |
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For well over a year, versions of Bitcoin Core — Bitcoin’s leading software implementation — contained a severe software bug. The bug was fixed with Bitcoin Core 0.
2018-9-22 21:22 | |
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Like any technology, Bitcoin is always improving to achieve better results. The Bitcoin Core team has released a new patch this week, which fixed a vulnerability in the system that could be fatal to the network, as it allowed for DDoS attacks.
2018-9-21 19:44 | |
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A software update to Bitcoin's core software fixed a vulnerability that could have had the entire network brought down to its knees.
2018-9-22 19:31 | |
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Bitcoin Core developers have issued an important statement to the entire community, as the fallout from a recently disclosed DDoS vulnerability intensifies. The vulnerability, which researchers disclosed earlier this week, made it possible for miners to sabotage the Bitcoin network by sending transaction data twice.
2018-9-21 15:29 | |
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Coinbase has announced the integration of the Bitcoin Lightning Network, enabling faster and cheaper Bitcoin transactions.
Franklin Templeton enables peer-to-peer transfers for its $380 million money market fund via its BENJI token on Stellar and Polygon blockchains.
PayPal is set to alter its protection policies for NFT transactions, marking a striking shift from its previous stance of supporting the tokens.
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions starting Oct. 16.
Ethereum (ETH) faces a dual challenge as sustained whale sell-offs coincide with a drop in transaction volume despite a bullish trend of persistent development activity. Behavior analytics resource Santiment called attention to these metrics in its latest insights on the…
Bitcoin Ordinals appear to be alive and kicking, with nearly 85% of Bitcoin network activity dominated by inscriptions and BRC-20 minting on Aug. 21.