51% attack – Page 4

Honest Nodes Spoiling a Theft Attempt Is Not a 51% Attack, BCH Devs Detail

Honest Nodes Spoiling a Theft Attempt Is Not a '51% Attack,' BCH Devs Detail 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. Also Read: Massive Growth by P2P Exchange and AT&T Accepting […]

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The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC

The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC In this edition of The Daily, a video gamer streaming on Twitch has received crypto donations totaling over $70,000 and a hacker believed to be behind the 51 percent attack on the Ethereum Classic blockchain has reportedly returned $100,000 in ETC coins. Also, Electrum developers have issued another series of warnings about phishing attempts using […]

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Major Mining Pools Have a ‘High Die-Off Rate’ Study Reveals

Major Mining Pools Have a ‘High Die-Off Rate,’ Study Reveals On Monday, Coinmetrics.io published a study looking at hashrate history of the most competitive BTC mining pools. The research from the open source cryptocurrency analytics site reveals interesting insights into how the mining ecosystem has evolved over time. Also read: Connecticut Software Engineering School Receives $10,000 BTC Donation ‘Major Mining Pools Are Fallible’ Cryptocurrency mining is a […]

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Ethereum Classic Developers Attempt to Resolve Recent 51% Attack

Not a day goes by in the cryptocurrency world without a good amount of drama. At times, it feels as if this industry simply can’t catch a break to recoup losses sustained throughout 2018. The latest incident comes in the form of Ethereum Classic suffering from an alleged 51% attack on the network. This forced service […]

The post Ethereum Classic Developers Attempt to Resolve Recent 51% Attack appeared first on NullTX.

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Pump and Dumps Are the Final Indignity for Dying Coins

Pump and Dumps Are the Final Indignity for Dying Coins You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final […]

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AurumCoin Claims Cryptopia Refutes a 51% Attack Resulting in Lost Funds

There are some serious allegations in the cryptocurrency world. Dirt slinging has, unfortunately become all too common. Even so, every single bit of potentially disastrous news needs to be taken into account at all times. The AurumCoin team claims the Cryptopia exchange will not confirm a 51% attack against the network caused nearly 16,000 AU […]

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Einsteinium Staves off Impending 51% Attack by Renting Extra Hashrate

It is always troublesome when cryptocurrencies deal with a looming network attack. Small-cap coins are often targeted in 51% attacks, and Einsteinium could have easily been next. After all, this attack was announced a few days ago, which seemingly gave the EMC2 team plenty of time to prepare. The EMC2 Crisis has Been Averted It […]

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Hacker Livestreams 51% Attack on Bitcoin Private

Hacker Livestreams 51% Attack on Bitcoin Private On Oct. 13, ethical hacker “Geocold” followed through on his promise to 51 percent attack an altcoin. He eventually settled on Bitcoin Private (BTCP), and quickly gained majority hashrate control, but the spectacle was fraught with setbacks, including censorship from two streaming services that pulled the plug. Also read: Mischief-Maker Promises to Livestream a 51% […]

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Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network

Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the mining network. Also Read: Worst Cryptocurrencies of 2018 Have Left Some Heavy Bagholders Researchers Argue China is the “Most […]

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Mischief-Maker Promises to Livestream a 51% Altcoin Attack

Mischief-Maker Promises to Livestream a 51% Altcoin Attack “On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not […]

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