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2019 Saw Most Exchange Attacks Ever, With Hackers Becoming More Savvy
According to Chainalysis, 2019 saw a rise in cryptocurrency exchange attacks, with hackers getting better at dodging security and obscuring loot. The post 2019 Saw Most Exchange Attacks Ever, With Hackers Becoming More Savvy appeared first on Bitcoin Magazine. дальше »
2020-1-23 00:39 | |
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Funds Belonging to Controversial Brazilian Crypto Firm Grupo Bitcoin Banco Frozen by Local Court
GBB recently fell victim to a hacking scandal that saw the firm lose nearly $13 million via double spend-type attacks. As part of GBBs recovery efforts, the company has closed down a total of 2,568 suspicious accounts. дальше »
2019-6-6 17:10 | |
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How an engineer at a crypto-security startup lost $100K in a SIM-swapping hack
Nobody is immune to SIM-swapping attacks – and one engineering lead at a cryptocurrency security startup had to learn this lesson the hard way. In a blog post, Sean Coonce, engineering manager at security-oriented cryptocurrency startup BitGo, has detailed how he lost $100,000 in an unfortunate SIM-swapping hack, which saw his entire Coinbase balance drained. дальше »
2019-5-21 13:23 | |
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Sparkswap raises $3.5 million to build a crypto exchange on Bitcoin Lightning Network
2019 saw multiple attacks on crypto exchanges, many of which resulted in the loss of millions. In a bid to check such cases, Sparkswap, is planning to launch a cryptocurrency exchange using the features of the Bitcoin Lightning Network. дальше »
2019-4-9 11:30 | |
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Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense
Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. дальше »
2019-4-5 16:23 | |
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Japan: Crypto Network Hacks Doubled In 2018
2018 saw an almost 50 percent increase in the number of attacks on Internet of Things (IoT) devices and crypto networks in Japan, as reported by Asahi, March 7, 2019. Intensified Effort Probably the only thing that strikes more fear into the minds of the blockchain community than a bear market is a hack, severalRead MoreRead More. дальше »
2019-3-8 22:00 | |
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IBM: Cybercriminals Are Moving On From Ransomware to Cryptojacking
IBM researchers have found that cryptojacking dominated the cryptocurrency cybercrime scene in 2018, overtaking ransomware attacks. Experts say the comparatively less intrusive and stealthy nature of malicious crypto-mining is the primary reason why it is fast becoming the attack vector of choice for cybercriminals. дальше »
2019-3-3 14:30 | |
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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy
Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration. дальше »
2019-2-27 23:13 | |
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Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks
Last November the Bitcoin Cash (BCH) community witnessed a hash war that resulted in a bifurcation of the main chain. The spat saw one of the first examples of the alpha miner strategy and an attempt to truly test Nakamoto consensus. дальше »
2019-2-17 04:32 | |
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Surviving Crypto Bear Market Attacks: Jimmy Song’s Bitcoin Finance Tips
The now infamous drunken BitcoinTalk post titled “I AM HODLING” (circa 2013) speaks to a greater truth: hold on to your Bitcoin. Do Not Let It Go 2013 saw Bitcoin’s value halved, after its first bubble, beginning a long trend bear market. дальше »
2019-2-14 03:58 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
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STARKs, Part II: Thank Goodness It's FRI-day
Special thanks to Eli Ben-Sasson for ongoing help and explanations, and Justin Drake for reviewing In the last part of this series, we talked about how you can make some pretty interesting succinct proofs of computation, such as proving that you have computed the millionth Fibonacci number, using a technique involving polynomial composition and division. дальше »
2018-7-21 23:03 | |
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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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Where does ripple go from here? How do we stop 51% attacks?
But while most hodlers were toasting the agency’s announcement, one top five coin that failed to respond favorably was ripple. In today’s Bitcoin in Brief we consider where the SEC’s statement leaves XRP and examine a proposed solution to 51% attacks. дальше »
2018-6-15 12:42 | |
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