Coinatory

Some situations in the crypto world can go as crazy as possible. Here"s a great example. Those responsible for the 51% attack on the Ethereum Classic blockchain returned $ 100,000 in ETC. According to the official blog of the crypto exchange Gate.io, on January 10, an anonymous hacker returned $ 100,000 in Ethereum Classic (ETC) cryptocurrency to this exchange company, without giving any explanation. White hacker performed 51% attack? The crypto exchange team Gate.io tried to contact a hacker (or organization), but their attempts were unsuccessful. Thus, the exchange could not get any explanation about the motivation of this incident. Now, Gate.io assumes that this campaign was aimed at pointing out the risks associated ... Read more about " Hacker returned part of ETC stolen during 51% attack " on coinatory.com

Chinese security firm SlowMist said it could soon locate the initiators of the recent 51% attacks on Ethereum Classic (ETC). In an article on Medium of January 9, SlowMist points to three wallet addresses and a hash of four transactions, due to which, presumably, a lengthy attack was launched on the ETC blockchain. The company also confirmed the data published Coinbase cryptographic. Both companies said that as a result of attacks that began on January 5 at 19:58 UT, there was a double spend. According to SlowMist, seven transactions were rolled back from the network in the amount of 54,200 ETC (almost $ 270,000). SlowMist also reported that the attacks have already stopped, and the last one was recorded at 4:30 am UT on January ... Read more about " SlowMist representatives are actively looking for initiators of the Ethereum Classic 51% attack " on coinatory.com

The new Bitcoin Cash SV (BSV), which recently emerged as a result of the hardfork of Bitcoin Cash crypto coin, is currently vulnerable to the so-called “double spending” attacks. In the December 8th video, a Vimeo user named Reizu showed that he could use the BSV network and spend coins twice in “zero confirmation transactions”. User spends BSV twice Video on Vimeo shows a significant lack of a new function in BSV - a “transaction with zero confirmation”, which allows you to make transactions almost instantly. In the video, Reizu repeatedly confirms that it can use the BSV network for double spend transactions through the “0-confirmation transaction” function. Craig Wright, a BSV supporter, said that only miners can do what Re ... Read more about " The BSV network is vulnerable to double-spend attacks " on coinatory.com

On Oct 13, 3:00 CDT, 4:00 EDT 1:00 PST I"m going to do a 51% attack against the cryptocurrency Einsteinium Such a statement was posted by the anonymous hacker. He is going to gain control of the huge share of the altcoin hashrate to demonstrate how easy it is. Hacker, speaking under the name piracy1, promises to broadcast the event live on this link. Over the past three months, 51% have undergone a series of altcoins, including Bitcoin Gold and Verge, and the latter did not hold out twice. Now, the Einsteinium (EMC2) has come to the ... Read more about " Watch the 51% attack live! You are invited! " on coinatory.com

The altcoin team did not reimburse the trading platform for the losses it incurred because of the attack on the network of this bitcoin fork. The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018 The Bittrex Exchange will remove the opportunity to trade with the Bitcoin Gold coin on September 14. The company explained this by saying that the developers of the altcoin refused to compensate for the loss of the trading platform that it suffered as a result of the attack on the coin ... Read more about " Bitcoin Gold to be delisted by Bittrex " on coinatory.com

Many members of the blockchain community have questioned the sufficient decentralization of the Ripple protocol. These doubts were dispelled by the technical director of Ripple, David Schwartz. In his opinion, the distributed ledger of XRP is more decentralized than Bitcoin and Ethereum. Bitcoin and Ethereum are currently viewed as the gold standard for decentralization — meaning they are architected in a way that no single individual or minority group can dictate rules or rewrite transaction history (the power of blockchain!). Since these b ... Read more about " David Schwartz: Ripple is more decentralized than bitcoin and Ethereum " on coinatory.com

June 2 ZenCash (ZEN) has experienced an attack of 51%. This was reported by the development team. More recently, ZEN has been listed on the largest Binance exchange. ZenCash is one of ZClassic forks (ZCL), and this coin can be mined on ASIC-miners. The team immediately took steps to mitigate the consequences. Customer funds are not affected, but the attacker managed to launch two large double spend transactions. The team urged all exchanges where ZEN is quoted to increase the number of confirmations to 100 to prevent the end of the ... Read more about " Next victim of the 51% attack - ZenCash " on coinatory.com