As a new concept within the industry, blockchain bridges possess a lot of promise for the blockchain and crypto landscape and for the future of the industry. Are there blockchain bridges in operation for any dApps now? The bridges currently in operation have only been operating in their current form for a few months, so […]
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Peter Schiff agrees with the Fed that Bitcoin should be classified as fiat currency. Economist, financial commentator and gold advocate Peter Schiff once again bashed Bitcoin in a tweet, essentially calling it fiat currency — the name for regional currencies, such as the U.S. dollar. “The Fed gets Bitcoin right,” Schiff said in a June […]
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Outspoken Bitcoin investor and host of the Keiser Report, Max Keiser, explains that his $400K BTC price prediction will coincide with the U.S. dollar’s collapse. Cointelegraph Markets spoke with Wall Street veteran and host of the Keiser Report, Max Keiser, who explains the increasingly important role of Bitcoin in geopolitics amid potential “hash wars” and […]
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A deeper dive into the story involving a potential scam operation paying millions in ETH transaction fees twice in a row. The hottest Ethereum topic in June so far has been mysterious transactions that involved millions of dollars being paid to transfer small-to-medium amounts of Ether (ETH) — an activity which normally doesn’t cost more […]
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The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself. In August 2010, a bug in the Bitcoin network that allowed large transactions to be added to the ledger without proper verification was identified by a hacker. The hacker generated and […]
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The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors. The newest release of the Bancor decentralized exchange appears to be vulnerable to a very serious bug that can result in a significant loss of user funds. According to the […]
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The abnormal transaction fees from last week may not be blackmail after all, according to Alex Manuskin, a blockchain researcher at wallet company ZenGo. Last week, the crypto community spotted transaction fees of up to $2.6 million featured in several transactions on the Ether (ETH) network. Vitalik Buterin has since suggested that the abnormous fees […]
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Researchers have concluded that the recent Ether transfers that spent over $5 million in gas fees are the result of hackers trying to extort a compromised exchange. Over the past week, the crypto community has been left befuddled by three small Ether (ETH) transfers that incurred millions of dollars in fees. However, new reports have […]
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A third transaction with a transaction fee worth thousands of Ether has confirmed as experts suggest foul play again. A third intriguing transaction has taken place with a 2,310 Ether (ETH) transaction fee, valued at over $540,000 at time of press. Occurring less than 24 hours after the first two transactions with over $5.2 million […]
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Bug bounties have emerged as one of the key ways for companies to prevent catastrophic hacks. In the past decade, hacking gradually became a respectable and potentially rewarding career thanks to the introduction of bug bounties. While some organizations like Mozilla launched bug bounties all the way back in 2004, major impetus to the industry […]
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