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On March 21, the San Francisco based exchange Coinbase publicly revealed an ethereum balance glitch that allowed users to manipulate their account balances. Researchers noticed that, by utilizing a smart contract, a person could add as much ethereum as they wanted to their account. Also Read: Survey Says 8% of the American Population Now Own […]
The post Coinbase Glitch Allowed Unlimited Ethereum Balances appeared first on Bitcoin News.
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EOS, Cardano and Tezos are cryptocurrency’s big sleepers. The latter project has lain dormant since last summer while its legal troubles played out, while EOS and Cardano have been beavering away, but have yet to produce the goods. With signs that all three projects are now stirring into life, investors might finally see a return. […]
The post EOS, Cardano and Tezos: Sleeping Giants Starting to Stir appeared first on Bitcoin News.
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Binance has found itself at the center of an unusual trading bug that has created big winners and losers. In a matter of minutes, viacoin pumped by 70x. Just to compound the drama, bitcoin experienced a massive sell-off shortly afterwards following bearish news from the SEC. Binance suspended withdrawals while it investigated the matter, but […]
The post Bots Blamed for Binance Bug That Leaves Traders Reeling appeared first on Bitcoin News.
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Over 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk from poorly coded smart contracts […]
The post Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs appeared first on Bitcoin News.
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Have you ever dreamed about buying bitcoin for only $1,000, $100 or even just $10? What about a round at $0? Some fast and sharp eyed customers of the Japanese exchange Zaif had this opportunity just last week thanks to a bug in the system. The company isn’t going to let them get away with […]
The post Bug at Japanese Government-Approved Zaif Exchange Let Users Get Free Bitcoin appeared first on Bitcoin News.
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Cryptocurrency can be lost in a variety of ways, from hacking to forgotten passwords and failed flash drives. But in dollar terms, one of the biggest causes of crypto losses is bad code, and it’s not usually the fault of the coin’s developers. Instead, third parties, including shoddy smart contract developers and shady exchanges, are […]
The post Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year appeared first on Bitcoin News.
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Recently, it was made public that retail giant Overstock.com had fallen victim to a huge exploit involving Coinbase’s merchant API. This is another issue on top of many others that customers and businesses have made apparent affecting the leading Bitcoin exchange. On January 5, independent researchers discovered a massive exploit in Overstock’s cryptocurrency payment gateway, which is offered through Coinbase’s merchant functionality. This exploit allowed Overstock customers to purchase items with Bitcoin Cash (BCH) instead of Bitcoin, which effectively resulted in an almost 85% discount. The even greater issue that emerged was the ability to return purchases made with the discounted BCH andPowered by WPeMatico
Popular wallet developer Electrum has issued an emergency patch for a critical bug in its bitcoin wallets. The flaw allowed any website hosting the Electrum wallet to potentially steal the user’s cryptocurrency. A vulnerability meant that passwords were exposed in the JSONRPC interface, granting hackers complete control of the wallet. The first patch failed to […]
The post Electrum Moves to Patch Bug That Left Thousands of Bitcoin Wallets Exposed appeared first on Bitcoin News.
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On Wednesday, the tech world was rocked by revelations of a computer chip vulnerability that exposes critical data. Meltdown and Spectre are the names assigned to the newly discovered flaws which primarily affect Intel chips. From a security perspective, the bug concerns everyone who uses an Intel-powered device to connect to the internet, which is […]
The post Bittrex Wallets Are Taken Offline as Companies Scramble to Patch the Intel Bug appeared first on Bitcoin News.
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