Browsing tag

‘Blockchain’

Crypto Market Awaits More Hacking Attacks In The Coming Days

A couple of weeks back, the Coinbase security team noticed that someone had made a deep reorganization in the distributed ledger for Ethereum Classic. The hackers successfully launched a 51 percent attack on the blockchain and made away with over $200,000 worth of the digital currency. Gate.io was particularly affected, but according to a report […]

Ethereum Classic Was Hit By Double Spend Attack Worth $1.1 Million

The popular Exchange Coinbase cryptocurrency has suspended all transactions of Ethereum Classic (ETC) – the original version of Ethereum’s unrelated network – on its trading platforms, other products and services after the discovery of a potential attack on the network. cryptocurrency allows someone to spend the same digital coins. twice. Why does this attack concern? […]

Despite Ban, Indian Companies Are Using Cryptocurrencies For Internal Use

In spite of a ban on usage of cryptocurrency in India, stated by the Reserve Bank of India, various top companies are experimenting with the use of cryptocurrencies, according to a new report. Companies such as Hindustan Unilever Ltd. (HUL), a Mumbai-based consumer goods company, Reliance Industries Ltd. (RIL), HDFC Bank and ABG Shipyard, and […]

The Advantages of a More Secure and Safer Blockchain

Blockchain technology has many uses and advantages over other types of ledger-based technology. One aspect of blockchain technology that is especially valuable today is the ability to securely and safely transmit data to and from two or more parties. This is particularly important when the information being shared is highly confidential or valuable. Or, it […]

North Korea To Host Cryptocurrency and Blockchain Conference

If you’re a crypto enthusiast and adventurer with no plans for April 2019, perhaps you can merge your two passions and attend the first Blockchain and Cryptocurrency Conference to be held in North Korea. In a press release published on the official website of the country, the Korean friendship association announced that preparations are underway […]

Manticore – Symbolic Execution Tool For Analysis Of Binaries And Smart Contracts

Manticore is a symbolic execution tool for analysis of binaries and smart contracts. Note: Beginning with version 0.2.0, Python 3.6+ is required. Features Input Generation: Manticore automatically generates inputs that trigger unique code paths Crash Discovery: Manticore discovers inputs that crash programs via memory safety violations Execution Tracing: Manticore records an instruction-level trace of execution […]

China asks blockchain-based service providers to control user information

Chinese government asks to register users’ real names, posts censorship and store user data People in China will need to register their real names before they can use any blockchain-based online information services, so it establishes a first set of rules specifically designed for the technology behind cryptocurrency as Bitcoin, known for providing anonymity to users, […]

Hackers steal $60 million from Japan’s Zaif cryptocurrency exchange

Zaif is the 35th largest cryptocurrency exchange by turnover. Hackers have stolen a whopping $60 million (6.7 billion yen) worth of cryptocurrency from Zaif, the 35th largest cryptocurrency exchange dealing in Bitcoin, Bitcoin Cash, and Monacoin. The exchange is owned by Tech Bureau, Corp. based in Nishi-Ku, Osaka, Japan. The hack attack took place on September 14th after hackers gained […]

DDoS Vulnerability Can Disrupt The Whole Bitcoin Infrastructure

It seems like digital currencies like Bitcoin will never stay out of trouble. And any day could turn out to be the last day for digital money infrastructures. Here, we are talking about the Distributed Denial-of-Service (DDoS) attack. While developers are issuing the patch for anyone running nodes and appeal to update the software, Bitcoin miners don’t […]

Safe as houses: 5 security measures adopted by cryptocurrency exchanges

Cryptocurrencies rely on the blockchain, a decentralized ledger that records all transactions ever made within it. The blockchain network consists of multiple nodes that maintain it. To gain control over the network and tamper with transaction data a hacker should compromise most of the nodes, which is practically impossible. So, once blockchain is as safe […]

Japanese Syndicate Wallet Hacked – Cyber Criminals Stolen $10 Million USD

blockchain based personal shopper company Shopin released an official statement that its significant token distributor syndicate was hacked and stolen $10 million USD of a variety of tokens, including Ethereum, Level Up, Orbs, and Shopin Tokens. Shopin world’s first decentralized shopper profile That built on the blockchain that delivers the most personal shopping experience on retailer […]

Syndicate Wallet hacked; $10 million dollars stolen

Shopin, the first universal shopper profile offering the most personal shopping experience on reseller, app and store websites via blockchain and Artificial Intelligence, today released an official statement that a significant token wallet has been hacked. As a result of the hack, over $10 million dollars in a variety of tokens, including Ethereum, Level Up, Orbs […]

How Blockchain Needs Regulation to Mature

Author: Marshall Taylor Blockchains and their cryptocurrencies are energetically following a path similar to other major leaps in technology that have come before it. Like automobiles, electricity, or the world wide web, the technology and communities behind blockchain tech are growing and innovating far ahead of existing regulations or social safety nets. On one hand, […]

Bitcoin Gold loses over $18 million after hack attack

Hackers are conducting Double Spend attack on cryptocurrency exchanges and the latest victim is Bitcoin Gold. It is claimed that cryptocurrencies operate a lot more privately and safely than traditional currencies. But, it has been observed time and again that the security measures used to safeguard cryptocurrency are lackluster and benefit cybercriminals greatly. So far, quite a […]

Why Blockchain Technology is the Answer to the World’s Banking System Woes

Author: David Hamilton The banking system is inefficient in its current state as it requires the use of multiple third-party verifications and transferring services in order to complete a transaction.  Blockchain can alleviate the need for these organizations and provide the world with a viable solution to the inherent problems facing the banking community.  Blockchain is transforming the way […]

The Technology Behind Bitcoin: The Background, Challenges and Regulations

While you might still be hard-pressed to pass someone on the street who truly understands Bitcoin and what it means for the financial world, you’re certainly likely to pass more than one who’s heard of it. In recent months, Bitcoin and its underlying technology is known as the blockchain have stormed the news with talk […]

Aragon’s Luis Cuende on Blockchain Governance & Digital Jurisdictions

Interview: Aragon’s Luis Cuende on Blockchain Governance & Digital Jurisdictions Author: Bennett Garner Bennett Garner: You’ve said “humans enforce contracts by giving away freedom.” Could you explain what you mean by that in the context of Aragon? Luis Cuende: Basically when you enter a social contract, you are agreeing to give away some of your […]

What is the Lightning Network? A Beginner’s Guide

Author: Colin Harper If you’ve ever dealt in Bitcoin, you may have suffered through hour-long (or at worst, day-long) transaction times.  It’s becoming commonplace for Bitcoin to have backlogs of 150k+ unconfirmed transactions at times of high transaction volume, and when we couple this with its exorbitant fees, it’s a wonder how you’re ever gonna […]

MailChimp Bans ICO & Blockchain Marketing- Fundraisers Devastated

Well-known email distribution platform MailChimp announced a change in its policy and has been sending out emails to users regarding its new marketing policy. Reportedly, the company will no more facilitate marketing campaigns for initial coin offerings and Blockchain oriented content especially cryptocurrency marketing from next month. MailChimp has even decided to take down accounts […]