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Vertcoin 51% Attack Could Have Caused $100K in Double Spending

Vertcoin has been experiencing ongoing 51% attacks, reportedly resulting in $100K of double spending on the network.   Rough Couple of Months for Vertcoin In a detailed blog post, Coinbase security engineer Mark Nesbitt revealed that Vertcoin’s network went through repeated 51% attacks, with the largest reorganization having a length of 310 blocks and a depth of 307 blocks which, according to the specialist, may have caused double spends upwards of $100,000. дальше »

2018-12-4 13:00


DASH Cryptocurrency Payment Network to Apply ‘ChainLocks’ to Eliminate 51% Blockchain Attacks

The Dash, which is a payment network will soon be introducing a unique new network upgrade, one that will be able to eliminate the threat of having about 51% attacks that happen on the protocol. With the ChainLocks platform, it is able to enable the transactions to be easily secured and confirmed once the block […] дальше »

2018-12-3 22:03


Understanding How Blockchain Fees And Incentives Help Fend Off Network Spam Attacks

A lot of newcomers to crypto space often wonder why transaction fees are necessary, especially since miners receive block rewards. However, the truth is that block rewards can be enough only for a certain period, especially when it comes to Bitcoin, which has its block rewards cut in half approximately every four years. For now, […] дальше »

2018-12-3 21:27


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Pirated Content and Software Drives Malicious Crypto Mining, Says New Report by Kaspersky Lab

Cryptocurrency mining malware attacks, which infected over five million people in the first three quarters of 2018 alone could be entering your systems via pirated software and content. Malicious cryptocurrency mining is the biggest threat to internet users in 2018, leaving behind ransomware which had been most prevalent over the last few years. дальше »

2018-11-30 15:59


Bitcoin Ransomware: The U.S. Indicts Iranians Over $6 Million Cryptocurrency Cyber-crimes

The U. S. Justice Department recently announced the indictment of two Iranians involved in a high-profile Bitcoin ransomware attack. Iranian Hackers Collect Bitcoin as Ransom According to a report by The Washington Post, the Justice Department of the United States on Wednesday (November 28) announced the indictment of two Iranian nationals involved in cryptocurrency ransomware attacks, […] The post Bitcoin Ransomware: The U. дальше »

2018-11-29 12:16


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US Gov’t Sanctions First Bitcoin Addresses

The U. S. Treasury’s Office of Foreign Assets Control (OFAC) has taken action against two Iranian ransomware “facilitators. ” The actions include publishing the perp’s cryptocurrency wallet addresses, and warning the cryptocurrency and financial communities that anyone transacting with the accused could be subject to secondary sanctions. дальше »

2018-11-29 08:00


Smaller PoW coins are in constant danger of 51% attacks – Decred (DCR) governance model is the solution

DCR aims to serve three purposes of an ideal currency: being a store of value, being a medium of exchange and being a unit of accounting. Bitcoin is kinda capable of performing these three functions, but currently possesses inferior technology that isn’t suited to make it commercial grade money. дальше »

2018-11-22 18:42


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Bitcoin Cash ABC update exposes potentially catastrophic vulnerability

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. дальше »

2018-11-21 20:52


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McAfee Labs Report: Crypto-Jacking Malware Mining Several Coins on Host System Detected

A report submitted by McAfee researchers on November 12, 2018, claims that a new crypto mining malware capable of mining different cryptocurrencies depending on the host’s system is on the loose. Russian Malware Attacks Global Networks Crypto-jacking malware and its attack vectors are becoming more efficient by the day. дальше »

2018-11-16 20:00


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Report: Cryptocurrency Mining Attacks Likely to Surge in the Future

Kaspersky Lab’s cyber threat and research arm Securelist published a report on November 13, 2018, which provides details on the rising trend of cyber attacks on cryptocurrency exchanges in Q3 2018. The report also mentions prominent cyber attack groups including Lazarus as well as observing massive growth in crypto mining attacks. дальше »

2018-11-15 10:00


Encrybit ICO

- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders. дальше »

2018-11-14 19:41


A College Freshman is Livestreaming Himself Committing 51% Attacks on Small Cryptocurrency Projects

Despite the inherent security advantages provided by blockchain governance systems, no protection technology is unbreakable. To prove this, a college freshman and security researcher by the online handle of “geocold51” is breaking through blockchain-based security with 51% attacks, reports CoinDesk. дальше »

2018-10-25 00:25


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$571 Million in Damages: North Korean Hacking Group Lazarus Behind High-Profile Cryptocurrency Hacks

Although there have been over $882 million cryptocurrencies stolen from online exchanges since 2017, Lazarus, a North Korean, state-sponsored group is responsible for the majority of stolen tokens. According to an article published by The Next Web on October 19, 2018,  the Lazarus Group took over $571 million cryptocurrencies and will continue to do so in the future. дальше »

2018-10-22 15:00