Enacting such legislation effectively could be a major challenge, however.
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Category: Nicehash
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51% Attack Bleeds More Than $5m From Ethereum Classic
Forensic analysis suggests the recent Ethereum Classic blockchain reorganization was a carefully orchestrated malicious attack.
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Bitcoin Gold Whale Allegedly Controls Half the BTG Supply
According to a recent study, bitcoin gold (BTG) market prices are being manipulated by a single whale who holds a significant portion of the bitcoin gold in circulation. The Bitcoin Gold network was recently hit with a 51% attack that caused two blockchain reorganizations. The team of BTG developers introduced a new soft fork concept […]
The post Bitcoin Gold Whale Allegedly Controls Half the BTG Supply appeared first on Bitcoin News.
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Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin Gold Hacked for $18 Million […]
The post Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends appeared first on Bitcoin News.
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Hashpower Broker NiceHash Can’t Promise to Fully Reimburse Hack Losses
Hashpower rental marketplace NiceHash has frozen its repayment program for users affected by a major hack in Dec. 2017 due to insufficient cash flow
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Nicehash Returns 60% of Coins Stolen in the Hack
Nicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. The police investigation into the case is still ongoing. […]
The post Nicehash Returns 60% of Coins Stolen in the Hack appeared first on Bitcoin News.
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Proof of Work Coins on High Alert Following Spate of 51% Attacks
First it happened to verge. $1.8m of cryptocurrency swiped in a matter of hours. Then to bitcoin gold, plundered in an $18m double spend attack. Then to verge again, this time to the tune of $1.7 million. Along the way, monacoin is also believed to have been hit. Someone is methodically working their way through […]
The post Proof of Work Coins on High Alert Following Spate of 51% Attacks appeared first on Bitcoin News.
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Microsoft Blocked More Than 400,000 Malicious Cryptojacking Attempts In One Day
Microsoft detected and blocked a wave of cryptojacking attacks this week that were using the “latest malware family” #NEWS
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Blockchain Enabled ‘Bounty Hunters’ Set to Become the Future of Cybersecurity
The current state of the so-called ’Threat Intelligence’ industry is fundamentally broken. When looking at just cryptocurrency alone, we have seen numerous examples of successful attacks. These have ranged from the collapse of the DAO to recent scandals such as the Blackwallet hack and NiceHash digital heist, which represented losses of $400k and $63million, respectively. Disclosure: This is a Sponsored Article On top of the immediate financial losses suffered by stakeholders; the vulnerabilities which these incidents expose and the quantifiable risk they they pose to potential investors, end up affecting the market at large, as well as it’s public perception.Powered by WPeMatico
NiceHash CEO Quits After 4,000 BTC Hack, Service To Continue Work
A new CEO will make NiceHash the “marketplace of choice” for miners despite its hacking, the ex-CEO has said. #BRIEF
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