Category: Security
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Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network
Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only buyers of hashrate know this, as well…
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Microsoft warns digital currency owners to be aware of new malware
Windows users must be wary.
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Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or the Electrum wallet breach, suggest criminals are becoming more…
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Migration of $180 million worth of SUSHI from UniSwap to SushiSwap has been approved
This chef may be preparing the biggest sashimi of them all.
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Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether
A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report by cybersecurity company, ESET. “Krypto Cibule is spread through malicious…
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Blockchain technology, financial and self-sovereign digital identities
Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID.
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Ethereum Classic suffers another 51% attack
It’s the third attack this month.
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Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending as was the case in the last attack.…