EOS Network Experiencing Micro-Forks, Coinbase Disables Withdrawals

February 24, 2020  /  by Crypto.IQ
The EOS network is apparently experiencing persistent micro-forks, which is causing transactions and blocks to be missed. Coinbase disabled EOS withdrawals on February 21, saying that the EOS network is experiencing degraded performance levels. The issue has apparently continued for the past several days, and EOS withdrawals remain disabled on Coinbase. EOS block producer EOS… Read more

IOTA Foundation to Rewind Blockchain Following $1.6 Million Hack

February 19, 2020  /  by Crypto.IQ
As deep dived in a previous article on Crypto.IQ, the IOTA Trinity wallet was compromised, and the IOTA Foundation shut down the entire network via the coordinator until the problem could be resolved. Now the IOTA Foundation has released a 3 step plan to fix the situation, although it involves rewinding the blockchain, which is… Read more

Poloniex Leaks an Undisclosed Amount of Customers’ Data

December 31, 2019  /  by Crypto.IQ
Poloniex has leaked an undisclosed amount of customers’ data, prompting the exchange to send out password change emails to users, as well as a request that all users upgrade to 2-factor authentication (2FA) in order to avoid any more account breaches. In other words, it seems Poloniex has been hacked, putting accounts at risk of… Read more

The Brave Browser Requires Users to Hand Over Full Identification Information Before Receiving Basic Attention Token (BAT) Rewards, Which Is a Complete Affront to Its Anonymity-Oriented Audience

December 25, 2019  /  by Zachary Mashiach
The Brave Browser is branded as being a secure, fast, and private web browser. Much of the content on its website discusses how the browser does not collect personal data and, in general, how the browser supports anonymity and privacy. That said, one of the primary features of the Brave Browser is users’ ability to… Read more

NULS Dev Team Loses $500,000 In Hack, Will Hard Fork To Mitigate The Damage

December 23, 2019  /  by Crypto.IQ
An account owned by the NULS dev team has been hacked due to a security vulnerability, resulting in the loss of 2 million NULS, which is approximately 2% of the total circulating supply and is worth around $500,000. The hackers were quick to dump 548,000 NULS worth around $140,000 onto various exchanges, but the dev… Read more

Maker DAO Had a Critical Flaw That Could Have Led to the Theft of $340 Million of Ethereum (ETH) and Billions of Dollars of Additional Damage, Maker Foundation Reluctantly Patches This Security Flaw After Vulnerability Goes Public

December 11, 2019  /  by Zachary Mashiach
The co-author of the Augur whitepaper, Micah Zoltu, publicly announced that up until Dec. 9 Maker DAO had a potentially catastrophic security flaw that could have led to the theft of $340 million of Ethereum (ETH) from the Maker DAO smart contract. Now, the Maker Foundation has patched this critical flaw and seems to point the… Read more

Vertcoin (VTC) 51% Attacked Again, But Attack Possibly Thwarted By Bittrex Halting Deposits And Withdraws

December 3, 2019  /  by Crypto.IQ
Vertcoin (VTC) experienced a 51% attack on December 1, with 603 blocks being removed from the blockchain and replaced with 553 ‘attacker’ blocks. Five double spend transactions occurred simultaneous with the attack, but only 125 Vertcoins (VTC) worth $29 were doublespent. The attack may have been much worse, but the devs noticed an attack may… Read more

Top Korean Crypto Exchange Upbit Loses $50 Million Of Ethereum (ETH) In Hack

November 29, 2019  /  by Crypto.IQ
Upbit, which is among the top four cryptocurrency exchanges in Korea, has lost 342,000 Ethereum (ETH) in a hack. This is the equivalent of $52 million as of this writing. Whale Alert, an account on Twitter which tracks major movements of cryptocurrency, was the first to spot the hack. Whale Alert is typically used by… Read more

Unknown Miner Gains ~70% of Bitcoin Cash (BCH) Hash Rate and Performs Difficulty Adjustment Attack to Mine Up to 21 Blocks in an Hour, Bitcoin Cash (BCH) Highly Susceptible to Attacks Due to Hash Rate Being 50X Lower Than Bitcoin (BTC)

October 30, 2019  /  by Zachary Mashiach
An unknown miner has taken over a majority of hashing power on the Cash (BCH) network, with some reports suggesting the miner has had up to 75% of the hashing power at times. This makes the Cash (BCH) susceptible to 51% attacks, which is a scenario where a miner would fork the in order to… Read more

Ransomware Victim Hacks His Hackers

October 10, 2019  /  by Crypto.IQ
A user got to counter the ransomware attackers that encrypted his files by hacking their server and releasing the decryption keys for all other victims. This incident involved the Muhstik ransomware. Muhstik is a recent strain of ransomware that has been active since late September, according to reports. This ransomware targets network-attached storage (NAS) devices… Read more
1 2 3