Bitcoin History: When DDoS Attacks Made BTC’s Price Drop
As anyone who has read the Bitcoin History series (or lived through the period in question) will know, the Bitcointalk forum was
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Attacks
DDoS Attacks on OKEx and Bitfinex Were Sophisticated, Possibly Related
As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches.Although the attackers apparently did not manage to steal any funds, one of the incidents resulted
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What Michael Moore’s Angry South Carolina Attacks Reveal About U.S. Liberals
Liberal filmmaker Michael Moore is one of Bernie Sanders’ staunchest supporters. Following former Vice President Joe Biden’s primary victory in South Carolina, Moore doubled-down on Sanders while dismissing the state’s voters as “not representative of the United States.” Michael Moore is a prime example of what’s wrong with the
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Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly happened? Was it an exploit, a simple case of arbitrage or
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DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks
Insurance works in crypto so far, though it hasn't had many big tests yet.Not many people had insurance on assets locked up in bZx’s Fulcrum, but after a bug yielded an exploit of its smart contract, a couple of accounts that did were covered by Nexus Mutual, the London-based crypto
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The Flash Loan Attacks Explained (For Everybody)
Today we're breaking down the flash loan attacks that rocked the DeFi community in a way even your grandpa can understand, presented in both audio and full-text format below.For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or
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Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling
In particular, its structure seems to become increasingly similar to a core-periphery one, with well-connected nodes clustering together (as revealed by the study of the eigenvector centrality). More precisely, our analysis reveals the presence of many star-like sub-structures with the role of centers played by the hubs, seemingly acting as
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Flash Loan Attacks: Is It Exploitation Season for DeFi?
Are two recent attacks taking advantage of "flash loans," low liquidity and price oracle issues the first of more to come?Part of what makes decentralized finance, or DeFi, interesting to people is how it takes advantage of open-source protocols to enable types of transactions never before available. The problem, however,
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BTC Correction, Andrew Yang Out, William Shatner Attacks: Hodler’s Digest, Feb. 10–16
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on CryptoX in one link.Top Stories This WeekBitcoin price drop nets Bitfinex “whale”
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Why Exchanges List Small-Cap Coins Despite 51% Attacks
Ashwin Ramachandran is a junior partner at Dragonfly Capital, a cross-border crypto venture fund. Haseeb Quereshi is a managing partner. On January 23, Bitcoin Gold was 51 percent attacked and $72,000 was double-spent. This is the second time that Bitcoin Gold (BTG) has been attacked, and its aftermath left many people
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