Cosmos already patched its Tendermint consensus protocol on July 2. Decentralized data network Bluzelle (BLZ) discovered a bug in the Tendermint consensus algorithm used by the Cosmos (ATOM) interchain protocol. According to a Bluzelle announcement shared with Cointelegraph on July 6, the firm discovered a bug in Tendermint during its validators competition. The competition, which […]
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Ledger’s chief technology officer Charles Guillemet said that the recently revealed vulnerability is nothing more than a user experience flaw. Leading crypto hardware wallet producer Ledger has denied that its product’s transaction management software featured a double-spend vulnerability. According to Ledger’s CTO Charles Guillemet, the vulnerability recently revealed by software wallet ZenGo is — in […]
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10-day realized volatility hits its lowest since just before Bitcoin price fell to $3,100 in late 2018, sparking fresh bearish fears. Bitcoin (BTC) could be heading for a repeat of its late 2018 sell-off, data warns as realized volatility reaches almost three-year highs. Uploading fresh charts on July 6, on-chain analyst Skew drew concerning comparisons […]
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An issuance vulnerability resulted in the creation of an extra 5% of Ravencoin’s current supply. A vulnerability in Ravencoin (RVN) resulted in the unsanctioned minting of about 1.5% of its maximum supply of 21 billion RVN. The exploit was disclosed by Recencoin on Friday after initial reports were confirmed, but details remain fuzzy as the […]
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According to local reports, the blockchain-based system allowed constituents to decipher their own private votes or let third-parties do so. Russia’s blockchain-based voting system for the constitutional amendments had a vulnerability that reportedly made it possible to decipher votes before the official count. Constituents could decipher their own private keys According to research by Russia-language […]
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Crypto data platform CoinGecko has partnered with cybersecurity firm Hacken to incorporate the security of crypto exchanges into its Trust Score metric. Cryptocurrency market data aggregator CoinGecko has updated its Trust Score algorithm to consider the cybersecurity standards of the more than 400 cryptocurrency exchanges listed on its platform. From July 1, 20% of CoinGecko’s […]
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A huge corruption scandal involving Chinese loans backed by fake gold is pressuring its supporters to defend it against unforgeable Bitcoin. The Bitcoin (BTC) versus gold debate rages on this week as reports reveal fake bars fuelled a $2.8 billion corruption scheme. As Chinese media outlet Caixin reported on June 29 via Nikkei, a loans […]
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A spat between the Balancer and STA team following the $500,000 hack suggests that the DeFi protocol was aware of the weakness. The Balancer automated market maker protocol has been hacked for over $500,000 in a single Ether (ETH) transaction, facilitated once again by a dYdX flash loan. As analyzed by the 1inch.exchange team a […]
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Schiff, Rogers and Mark Cuban will end up “going all in” on Bitcoin, Keiser claims, while calling John McAfee the “king of scammers.” Bitcoin (BTC) skeptics such as Peter Schiff and Mark Cuban will all buy “huge” amounts of the cryptocurrency, Max Keiser promises. In a tweet on June 26, the famously outspoken RT host […]
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Many DeFi smart contracts can withdraw unlimited amounts of money from user wallets, potentially spelling disaster. A vulnerability discovered on Bancor on June 18 would have allowed hackers to simply drain the funds of anyone who interacted with its smart contracts. The exploit relied on the concept of withdrawal authorization, introduced in the ERC-20 standard. […]
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