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Category: Attack
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Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies
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Here’s what would happen to Bitcoin if the government tried to take it over
Fear mounted as the FBI announced that it helped Colonial Pipeline retrieve a portion of its BTC ransom payment, but can the government actually take over Bitcoin and the network?
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Slow and Empty Blocks With a Mysterious Message – ABC’s New Chain Off to a Rocky Start
On November 15, 2020, the Bitcoin Cash blockchain experienced a network upgrade and a bifurcation of the chain as well. While the Bitcoin Cash network continued on smoothly, the ABC pro infrastructure funding plan (IFP) side of the chain had a rocky and extremely slow start. Since the 15th, the nameless ABC chain has seen […]
The post Slow and Empty Blocks With a Mysterious Message – ABC’s New Chain Off to a Rocky Start appeared first on Bitcoin News.
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Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of the project’s leaders say they are now working […]
The post Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85% appeared first on Bitcoin News.
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Hacked NZ Exchange Cryptopia Allowed to Reopen
Digital asset exchange Cryptopia has been given the green light to open again after New Zealand police announced they have almost completed their investigation at its offices. The crypto trading platform suffered a security breach last month when, according to one estimate, as much as $16 million worth of cryptocurrency was stolen. Also read: Brazilian […]
The post Hacked NZ Exchange Cryptopia Allowed to Reopen appeared first on Bitcoin News.
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Coinbase Suspends Ethereum Classic Following 51 Percent Attack
Coinbase has ceased interactions with the Ethereum Classic (ETC) blockchain after the exchange detected a 51 percent attack on the network. Following the discovery of a “deep chain reorganization” of the ETC blockchain, Coinbase suspended Ethereum Classic withdrawals and deposits. Also Read: Major Mining Pools Have a ‘High Die-Off Rate’ Study Reveals Coinbase Stops Interacting With […]
The post Coinbase Suspends Ethereum Classic Following 51 Percent Attack appeared first on Bitcoin News.
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The Daily: Electrum Users Targeted by Hackers, Huobi DM’s Daily Volume Exceeds $1B
Electrum developers have confirmed reports of an attack against the popular cryptocurrency wallet. Also covered in The Daily, Huobi Derivative Market’s daily trading volume has reached $1 billion, and one of the founders of Brazil’s leading crypto exchange Foxbit has died in a car crash. Also read: UFC 232 to Have Official Crypto Partner, 5% […]
The post The Daily: Electrum Users Targeted by Hackers, Huobi DM’s Daily Volume Exceeds $1B appeared first on Bitcoin News.
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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 […]
The post Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network appeared first on Bitcoin News.
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Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument
Over the last 24 hours, the cryptocurrency community has been discussing a critical vulnerability that was found in the Bitcoin Core (BTC) reference client. A bug introduced in Bitcoin Core version 0.14, that also affects all subsequent versions, could have caused a great majority of current Core nodes to crash. According to the developer’s Optech […]
The post Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument appeared first on Bitcoin News.
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