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Handshake, one of the more original crypto projects to have spawned during the ICO era, has completed its long-awaited launch. The decentralized domains registrar, founded by MIT engineers, has spent the last year in stealth mode but is now opening up to the general public. The Handshake protocol, coupled with the Namebase registrar, enables users […]
The post Crypto’s Dotcom Era Begins as Handshake Launches Decentralized Domains appeared first on Bitcoin News.
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On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also read: Honestnode Founder Discusses the First Stablecoin Built […]
The post Ethereum Name Service Adds Infrastructure for Multi-Currency Support appeared first on Bitcoin News.
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In an age of unprecedented censorship, surveillance and rampant deplatforming, Bitcoin stands out as a beacon of hope. Its decentralized ledger enables value to be transmitted to anyone, anywhere without fear or favor. Whether you’re a Mongolian goat herder or a Miami drugs baron, your money is good when it’s sent as bitcoin. But Bitcoin […]
The post Bitcoin’s Survival Depends on an Uncensorable Internet appeared first on Bitcoin News.
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A development team called the Portal Network has announced the creation of a new platform called the Bitcoin Cash Name Service (BCNS). Essentially BCNS turns a long alphanumeric bitcoin cash address into a human-readable name like ‘yourname.bch.’ Also read: Colombia Crypto Exchange Asks New President for Banking Help Can Human Readable Names Replace Traditional […]
The post Portal Network Developers Announce Bitcoin Cash Name Service appeared first on Bitcoin News.
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Censorship-resistance is a hot topic right now. On an internet where prominent voices are being silenced and deplatformed, and free speech services are being threatened with the same fate, decentralization is more urgent than ever. But for so long as centralized hosting and DNS services retain the power to ban dissenters, full decentralization will be […]
The post Decentralizing the Web: Handshake, Akash and the Quest for Censorship-Resistance appeared first on Bitcoin News.
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It is not the first time someone has managed to steal Ethereum. Unfortunately, such incidents have only become more apparent and gotten worse over time. It seems MyEtherWallet has fallen victim to yet another hack, even though the platform itself was apparently not to blame. Instead, the platform’s SSL certificate was “targeted” in an attack. Another MyEtherWallet Incident Takes Place Whenever a popular online service is involved with financial transactions of any kind, it will attract unwanted attention from various criminals. In the case of MyEtherWallet, there have been some hiccups along the way. This latest incident, however, is a lot more worrisome thanPowered by WPeMatico
DNS attacks can manifest themselves in many ways, all targeted against the Domain Name System that connects the internet. At best they’re an inconvenience, knocking websites offline or preventing access, and at worst they’re costly, as this week’s $150,000 Myetherwallet hijack demonstrated. When you’re interacting in the crypto space, here are a few ways to […]
The post How to Protect Yourself Against DNS Attacks When Using Cryptocurrency appeared first on Bitcoin News.
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MyEtherWallet users are in an uproar after approximately 250 ETH, around $150,000 worth, went missing since a Domain Name System (DNS) server attack began Tuesday at noon, redirecting visitors to a phishing site. Kosala Hemachandra, Founder and CEO of MyEtherWallet, released this comment fifteen minutes after the attack: This redirecting of DNS servers is a decade-old hacking technique that aims to undermine the Internet’s routing system. It can happen to any organization, including large banks. This is not due to a lack of security on the @myetherwallet platform. It is due to hackers finding vulnerabilities in public-facing DNS servers. A majority of those affectedPowered by WPeMatico
MyEtherWallet tweets warning that a “couple” of its DNS servers have been hacked, users risk being redirected to a phishing site. #NEWS
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Myetherwallet (MEW), the web’s most popular client-side ethereum wallet, has been compromised by a DNS attack. Numerous users are reporting missing funds and Mycrypto, a sister site which spun off from MEW earlier this year, has confirmed as much. The incident highlights the dangers of relying on a centralized interface, even when the funds are […]
The post Myetherwallet Servers Are Hijacked in DNS Attack appeared first on Bitcoin News.
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