The supply of Tether has surpassed $12 billion and this will likely only make traders more bullish on the price of Bitcoin and alternative cryptocurrencies. The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin […]
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Is Ethereum’s architecture to blame for the growth of decentralized finance hacks, and will the network upgrade make the sector more secure? The decentralized finance sector continues to gain unprecedented popularity as the total value of assets locked in DeFi products doubled to over $4 billion in July and is now approaching the $5 billion […]
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Stealing Bitcoin from Tor users is easy. According to recently published research, an attacker has found vulnerabilities in the Tor browser network that might have allowed them to steal Bitcoin (BTC) from users. Tor was developed by the U.S. government for anonymous internet communication and has since been adopted by privacy advocates. Because of its […]
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Hacks into crypto exchanges target open-source libraries and take advantage of inside jobs researchers said. Researchers at the Black Hat security conference revealed that crypto exchanges might be vulnerable to hackers. Although crypto exchanges have high privacy and security to protect their funds, researchers still found three ways hackers can attack these crypto exchanges, according […]
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Ethereum Classic has suffered its second 51% attack in a week after 4,000 blocks were reorganized earlier today. 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 […]
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Ledger has failed to fully fix a major vulnerability that allows for a “Bitcoin Fork” attack. A recent report contends that the Ledger app has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack. Mo Nokhbeh has claimed that Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions […]
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Ledger has failed to fully fix a major vulnerability that allows for a “Bitcoin Fork” attack. A recent report contends that the Ledger app has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack. Mo Nokhbeh has claimed that Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions […]
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The ‘Wolf of All Streets’ offers suggestions for how to protect one’s crypto assets and identity after his SIM was compromised in February. Scott Melker, also known as the “Wolf of All Streets,” says he was the victim of a SIM swap attack in February but managed to avoid losing any crypto assets. In a […]
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Attackers exploited a Uniswap trading loophole to get away with more than $370K. Attackers have exploited a vulnerability in the Opyn ETH Put contract to walk away with more than $370,000. One of the first members of Crypto Twitter to report on the theft, DegenSpartan, stated on Aug. 4 that the traders used flash loans […]
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How far has the Ethereum blockchain come in the five years since its inception? We explore key developments, changes and challenges. It would seem that five years is a relatively short time for an information technology company, but Ethereum has made colossal progress during this time, growing from its own initial coin offering project to […]
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