2020-11-9 21:24 |
A 51% attack occurs when a miner (or miners) acquires more than 50% of the network's mining hash power and takes control of the network. origin »
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Late Tuesday, the Cardano network experienced a distributed denial of service (DDoS) attack, an attempt characterized by a significant surge in malicious activity aimed at disrupting its operations. However, the robust mechanisms of the blockchain effectively mitigated the attack, ensuring continued stability and operation.
2024-6-26 15:00 | |
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Decentralized finance peer-to-peer service Mixin network, experienced an attack on Saturday, September 23, 2023, leading to $200 million worth of crypto funds lost as a result of the attack. $200 Million In Crypto Lost In The Attack The decentralized finance (DeFi) network Mixin network revealed that the attack was caused by a compromise in the network’s cloud service provider database.
2023-9-26 22:00 | |
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GRIN, a mimblewimble protocol-based privacy coin, had become the latest victim of a 51% attack when a group of unknown miners got control of more than 50% of the network's hashing power. On November 7th, the network came under attack by an unknown mining group, which was able to gain control of 57.
2020-11-10 19:22 | |
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When it comes to the different altcoins on the market, some projects tend to fare a lot better than others. This weekend, it seems the Waltonchain mainnet has come under a massive attack, Someone exploited a known bug and took advantage of it before the developers would introduce a network fix.
2019-6-30 23:00 | |
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Ethereum Classic network faced a double 51% attack on its platform in the month of January which led to a loss of $1 million. The attackers were able to accumulate 51% of the hash power required to manipulate the network and continued the attack for several days. The attackers used their control on the ETC […]
2019-5-29 18:22 | |
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Ethereum Classic [ETC] endured a 51% attack twice in the month of January, attacks which successfully latched on to ETC’s blockchain for several days. The losses estimated following the breach accounted for more than $1 million.
2019-5-28 20:00 | |
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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.
2019-5-28 22:30 | |
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Bitcoin Cash recently upgraded its network to integrate the Schnorr Multisig feature. As good as the development was with the advantages of Schnorr, it led to a fault that would have cost Bitcoin Cash more than the advantages of Schnorr.
2019-5-25 15:20 | |
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The entire United States’ city of Baltimore is heading through what can be termed as a communication network blackout. Zero Hedge report published May 23, 2019, stated that the hackers who conducted the ransomware attack to crumple the city’s communication are now demanding $10,000 dollar worth of bitcoin per day.
2019-5-25 23:00 | |
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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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CryptoNinjas The core team of cryptocurrency Dash, today has officially released Dash Core v0. 14. 0 software to the Dash mainnet -— the most significant release to date in the ongoing rollout of Dash Evolution.
2019-5-22 19:57 | |
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Ethereum clients that still haven't patched known vulnerabilities pose a security risk to the entire network, according to new research.
2019-5-17 16:00 | |
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A bug was reportedly exploited on Bitcoin Cash during a scheduled hardfork upgrade of the protocol. For an hour and a half transactions went unprocessed, causing fees to skyrocket. A source familiar with the project says the exploit “looks like a timed attack,” while other rumors are circulating that the “attacker” placed a 180,000 BCH short […] The post Bitcoin Cash exploit cripples network during scheduled hardfork upgrade appeared first on CryptoSlate.
2019-5-16 21:43 | |
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Almost two months after a horrific terrorist attack in New Zealand, Facebook‘s finally taking some concrete steps to stop the abuse of its live streaming feature. Today, the social network introduced a new ‘one strike’ policy to ban users who violate its community guidelines.
2019-5-15 11:15 | |
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By CCN: Vitalik Buterin has expressed an interest in incorporating privacy features into Ethereum. He is partial to the ZK-SNARKS technology that is used in privacy coin Zcash. Nonetheless, his senses appear to be particularly keen about any developments surrounding privacy protocols.
2019-5-11 05:30 | |
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Cryptocurrency exchange Binance has revealed that it will be revamping its security network to prevent a recurrence of the 7,000 BTC hack it experienced on May 78, 2019.
2019-5-11 19:59 | |
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It is very common in the digital asset sphere to have cases of different types of scams regularly. The latest of such crypto scams that has got the attention of everyone in the cryptocurrency community is a social media attack on the Jibrel Wallet.
2019-5-9 00:08 | |
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Next time, CZ will probably think twice before mulling a potential 51 percent attack on the Bitcoin network
2019-5-8 17:55 | |
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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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Just one computer could have brought TRON’s entire blockchain to a screeching halt, a new HackerOne disclosure has revealed. Until quite recently, bad actors were reportedly able to maliciously consume the CPU power of the network with Distributed Denial-of-Service (DDoS) attacks.
2019-5-6 18:49 | |
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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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John Carvalho, the CCO of Bitrefill and a Bitcoin enthusiast has never shied away from expressing his disapproval of Bitcoin hard fork coins. In his most recent Twitter attack, Carvalho said that BCH was a “counterfeit” of BTC, calling the former’s network “inflated centralized garbage”.
2019-4-23 22:30 | |
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The Weather Channel briefly went off air this Thursday as it experienced a ransomware attack for about one hour. FBI stated the network experienced a ransomware attack with little further...
2019-4-20 15:25 | |
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Ethereum [ETH]’s movement on the cryptocurrency charts has been termed ‘slow’ or ‘unresponsive’ by many people involved in the world of digital assets. This subtle attack on the Vitalik Buterin co-founded network has been a prolonged process with many betting on the “death of the Ethereum network” due to the rise of faster and more […] The post Ethereum [ETH] witnessed 6 of 10 of its highest usage days in the past three weeks despite bear attacks appeared first on AMBCrypto.
2019-4-18 18:30 | |
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Ahead of the halving of the block reward in August, miners are flocking to the Scrypt-mining for an asset that is also appreciating in price.
2019-4-15 15:39 | |
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Electrum servers are still under a sustained Denial-of-Service (DoS) attack. The wallet developers announced the issue on April 7, 2018. In correspondence with Bitcoin Magazine, Electrum developer Thomas Voegtlin speculated that the attack may be a form of retaliation from a phishing attacker who has been targeting Electrum in recent weeks.
2019-4-11 21:47 | |
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Ethereum Classic (ETC) became the largest gainer among the top 100 due to the imminent network upgrade known as Atlantis. After a 51% attack experienced by the network at the beginning of the current year, ETC is improving its presence in the market with a new update. Ethereum Classic Saw Nearly 30% Gains In 24 […]
2019-4-8 07:38 | |
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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.
2019-4-5 16:23 | |
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The Tokyo-based cryptocurrency exchange Coincheck has launched a Bitcoin over-the-counter (OTC) trading service for its users, per a post published on its official blog.
2019-4-2 18:26 | |
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It looks like Mark Zuckerberg’s now into blogging. In an op-ed in the Washington Post, the Facebook CEO asked governments around the world to consider introducing more transparent rules for moderating content on the internet.
2019-4-1 12:57 | |
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Monero (XMR), one of the largest digital currencies around the world, has been involved in some controversies during the last days after a report released by Binance Research. Apparently, the digital currency could be affected by a 51% attack after the hard fork that the network conducted a few weeks ago. Now, Apollo Open Resource […]
2019-3-29 23:59 | |
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After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security.
2019-3-27 19:35 | |
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Bitcoin hash rate, the computing power securing the network, has reached levels not seen since early November 2018. Bitcoin Hash Rate May Have ‘Bottomed’ March 19th saw the Bitcoin hash rate surge past 52 quintillion hashes per second according to data from Blockchain.
2019-3-20 12:00 | |
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It appears a major breakthrough has occurred regarding one of the most recent cryptocurrency-related hacks. A Japanese teenager has been arrested for stealing over $1250,000 in cryptocurrency. During his attack, he exploited the Monappy social media network and the web-based Monacoin wallet in 2018.
2019-3-18 15:15 | |
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In the wake of the horrific shooting in Christchurch, New Zealand, that claimed the lives of 50 people and saw several more injured, Facebook noted it had removed some 1. 5 million video clips of the attack on its platform.
2019-3-18 13:34 | |
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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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The main design goal of QCoin and Quantum1Net is to create a digital financial system that uses networking as an underlying value, just like the internet works in the sense that everyday internet networking creates value for ISPs, Online Merchants and others.
2019-3-13 19:34 | |
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In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance.
2019-3-1 03:39 | |
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Ethereum’s Vitalik Buterin and other core devs have denied that a new Constantinople smart contract feature will have negative security implications for the network
2019-2-16 17:55 | |
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Whilst debate raged throughout the Bitcoin community over whether the block size limit should be increased and how, Luke-jr for years stood out for arguing the exact opposite position.
2019-2-15 19:18 | |
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Hackers could attack bitcoin with a flood of data, but researchers say they have a solution in the form of a relay network called SABRE.
2019-2-15 11:15 | |
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Greed and capitalism have had a long and co-dependent relationship. However, human greed knows no bounds and people are always scheming to profit, regardless of the legality of the operation. From Ponzi schemes to outright theft, no industry is isolated from them, January 5th was just another reminder of this fact. At the start of […]
2019-2-11 21:26 | |
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The so-called 51% attacks are among the major security threats to digital currencies as they allow enable perpetrators to control the network and all transactions passing through it. What Is a 51% attack? Cryptocurrencies are bolstered by blockchain technologies or distributed ledgers which store information about all transactions ever made in a network.
2019-2-7 21:00 | |
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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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Recently, Richard Gendal Brown, CTO of Corda, published an argument that Ethereum is not prepared for enterprise adoption because of the recent 51% attack on Ethereum Classic (ETC). Brown’s argument is paraphrased as follows: The Ethereum network’s utility to enterprise blockchains rests in the ability of those consortia blockchains to ‘anchor’ their data in the […] The post Ethereum Myth Busted: Apples To Oranges On 51 Percent Attacks appeared first on Crypto Briefing.
2019-1-30 00:30 | |
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One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them.
2019-1-26 23:50 | |
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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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It is not the weekend most cryptocurrency users have been looking for. An ongoing wave of bearish pressure has caused major setbacks over the past few hours with no improvements in sight. Even the Ethereum price is stuck in the red, following another pretty steep loss.
2019-1-21 20:26 | |
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Following a successful 51% attack on the Ethereum classic network, confidence in the security of the blockchain has been battered, particularly with the threat of secondary attacks still looming over the network.
2019-1-17 23:00 | |
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GRIN, a mimblewimble protocol-based privacy coin, had become the latest victim of a 51% attack when a group of unknown miners got control of more than 50% of the network's hashing power. On November 7th, the network came under attack by an unknown mining group, which was able to gain control of 57.
Privacy coin GRIN is the latest cryptocurrency to suffer a 51% attack as an...
The post Privacy coin GRIN latest to suffer 51% attack appeared first on Coin Journal.
Позади ещё один месяц. Для владельцев криптовалют он запомнится резким ростом курсов монет и массовыми заявлениями о начале буллрана рынка. В то же время майнеры монет на пуле 2Miners будут помнить июль благодаря появлению новой монеты, успешному обновлению сети Grin...
Grin coin developer who goes by the pseudo ‘Yeastplume’ recently announced that a new wallet version is ready for the upcoming hard fork in mid-January. Yeastplume who is also a developer for the Mimblewimble protocol noted that users will have to upgrade to the new v3.
The privacy coin Grin has received a mysterious anonymous donation of 50 Bitcoin (BTC), according to Daniel Lehnberg, one of the developers of the group. He explained that the donor spoke briefly with him and decided to stay anonymous, so he would not share the person’s identity.
Satoshi smoke and mirrors clouds a new, anonymous 50 Bitcoin donation to privacy coin Grin’s general fund