Cryptocurrency Analysis and News Portal
A new study warns of a new ransomware attack method that runs a virtual machine on target computers in order to infect them with the ransomware. This may play the attack beyond the reach of the computer’s local antivirus software.According to the UK-based cybersecurity firm Sophos, the Ragnar Locker attack
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AT&T is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael Terpin — who asserts he lost $24 million in crypto as a result of AT&T’s negligence in 2018.In response to Terpin’s second amended
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Coinhako, a cryptocurrency exchange backed by Tim Draper, has restricted user withdrawals after falling victim to a "sophisticated attack."The Singapore-based exchange told users Friday that account send functions for cryptocurrencies had been temporarily disabled. Although a spokesperson initially said this was for "network maintenance", the exchange admitted Saturday it had
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PewDiePie trashed fellow YouTuber Jake Paul’s new financial freedom courses in a recent video. But Felix is guilty of shilling sketchy financial products too. To top it off, PewDiePie gives financial advice in the video, while criticizing Jake Paul for not having any credibility to give financial advice. PewDiePie
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There’s now a case study for how DeFi can go awry.bZx, the eighth-largest decentralized finance project according to DeFi Pulse, suffered two attacks last weekend following the introduction of “flash loans,” a new DeFi feature that limits a trader’s risk while improving the upside. Led by CEO Tom Bean, the bZx
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Pseudonymous researcher Hasu has discovered a new twist on a well-known potential attack on the bitcoin network.The researcher posted a description of the attack, which he named "Purge" after the B-movie franchise, to the bitcoin developer email list last week. It's a variation on the so-called sabotage attack, in which
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A recent academic study says Tezos is threatened by "selfish mining," providing a valid threat model for other live and up-and-coming proof-of-stake (PoS) cryptocurrencies.That’s the finding from Selfish Behavior in the Tezos Proof-of-Stake Protocol, published last November by then-Harvard researcher and current Google engineering intern Michael Neuder.The paper from Neuder
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Bitcoin’s price has hit a new record for 2020, reaching as high as $8,438 before retracing slightly. At 23:30 UTC on Jan. 7, the world’s largest cryptocurrency by market capitalization began a strong upward trend from $8,080 to above $8,400 before topping out at $8,438 in just over 40 minutes.The
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The Ethereum Network was the target of a coordinated attack in recent days, affecting client platform Parity, which threatened to cause significant downtime. Malicious Attack to Undermine Ethereum Network The attack began on December 30 when invalid blocks were sent to the network, which caused node operators using the Parity client, which
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The U.S. Coast Guard has issued a warning after its monitoring system was compromised by a “Ryuk” ransomware that left the system stunned for 30 hours. It is yet to be ascertained whether the attackers made a demand for any ransom; usually, Ryuk ransomware is followed by a demand for
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