security

Is ETC 102% Screwed After Second 51% Attack?

Ethereum Classic (ETC) has suffered a second 51% attack in less than one week, bringing the ongoing security of the network into question. On August 6, Etherchain.org tweeted that its affiliated mining pool Ethermine had disabled ETC pool payouts after more than 4,000 blocks had been reorganized in the latest attack on Ethereum Classic. It …

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Tel Aviv Stock Exchange to Launch Blockchain Securities Platform

The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a central system for securities lending. Contrary to the current set-up —— which fails to meet …

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Cryptojacking Attacks Are Seriously Underestimated, Says BlackBerry VP

Cryptojacking attacks are both an internal and external threat, as the hacking groups are getting more organized in attempts to exploit vulnerabilities in the networks. However, there are also cases where some admins use valid entitlements to make money from illegally mining crypto using the firm’s network resources, and many organizations “don’t have great visibility” …

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Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split

Members of the Ethereum Classic team reported that the network suffered a reorganization today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack in January 2019, which led to some exchanges taking pre-emptive action. Both Ethereum Classic (ETC) and …

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Report finds many US election officials vulnerable to phishing attacks

Michael Robinson Chavez/The Washington Post via Getty Images The security risks around the 2020 presidential election aren’t limited to direct attacks on the voting systems. Research firm Area 1 Security has published a report (via Wall Street Journal) warning that many election officials are using email systems that leave them vulnerable to phishing attacks and …

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Bitcoin Giveaway Scam Hits Popular Indian Youtuber

Ajey Nagar, a Popular Indian YouTuber with 6.7 million subscribers, is the latest victim of the ongoing BitCoin giveaway scam on Youtube. The hack happened on Nagar’s second Youtube channel- CarryisLive where he streams himself playing video games with YouTubers and celebrities.   Two Bitcoin giveaway scam promotional videos were reportedly posted on the channel. Both …

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Seven Hong Kong VPN providers accused of exposing private user data

ISAAC LAWRENCE/AFP via Getty Images Many activists and privacy advocates turn to virtual private networks to keep their internet activity away from prying eyes, but it appears that some VPN providers might have put their customers at risk. VPNMentor reports (via The Register) that sensitive user data from seven free Hong Kong VPN services, ostensibly …

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Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies

Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around. Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics and the company’s practice of licensing out the platform, explaining why crypto exchanges must have some sort of analytics software to comply with banking regulations. …

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