Tag Archives: Attack

The MET team sticks with the plan to build on ETC, despite the 51% attack

The Metronome Token team proceeds with their plan to build on the Ethereum Classic network after seiing how the ETC managed to maintain their hashrate and market cap post the 51% attack. Continue reading The MET team sticks with the plan to build on ETC, despite the 51% attack

CoinBene To Incorporate Komodo’s Security System To Avert The 51% Attack Menace

The crypto market is exposed to fraudulent activities and scam because it is highly unregulated. As such CoinBene has decided to take measures in order to promote a healthy environment of the cryptocurrency ecosystem. Continue reading CoinBene To Incorporate Komodo’s Security System To Avert The 51% Attack Menace

25 Crypto Networks Vulnerable to ‘Fake Stake’ Attack, are Your Funds at Risk?

More than two dozen Proof-of-Stake (PoS) cryptocurrency networks are vulnerable to what has been dubbed a “fake stake” attack. The vulnerability allows a node with a very small stake to overwhelm competing nodes with false data and essentially crash them. Once competing nodes are gone, the attacking node can have a majority of stake on the crypto network, enabling it to conduct a 51% attack as the only validating node. Continue reading 25 Crypto Networks Vulnerable to ‘Fake Stake’ Attack, are Your Funds at Risk?

Coinbase Says Ethereum Classic Attack Included $500,000 in Double Spends

Contradicting reports from the Ethereum Classic camp, cryptocurrency exchange giant Coinbase announced this afternoon that the apparent ETC blockchain reorganization attack had been accompanied by around half a million dollars in double spends. Continue reading Coinbase Says Ethereum Classic Attack Included $500,000 in Double Spends