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?
Canadian messaging app company Kik Interactive Inc. is planning to take the SEC to court over a potential enforcement action against Kik’s 2017 initial coin offering (ICO) of the Waterloo, Ontario-based tech company’s proprietary cryptocurrency, Kin. Continue reading Under Fire from the SEC, Kik’s Crypto Project is Going to War
Patrick Springer spent 20 years working for Morgan Stanley as an investment specialist. Specifically, his job was to help institutional investors make informed decisions in global equity markets. Now, despite the bitcoin market meltdown, he’s flung himself headlong into crypto becoming an advisor for Polybird Exchange. Why? Because “it’s important for people to challenge themselves at different times in their careers.” Continue reading Markets Will Take Time to Digest 2018 ‘Crypto Meltdown’, Says Former Morgan Stanley MD
Brock Pierce, a co-founder of Blockchain Capital, a major venture capital firm that focuses on the crypto sector, has said that EOS and TRON are thriving based on the number of decentralized applications (DApps) and active users on the two smart contract blockchain protocols. Continue reading 235 DApps and $3.5 Billion in Transactions: Prominent Crypto Investor Sees EOS [and TRON] ‘Crushing it’
When cryptocurrency research firm Messari published a shocking report alleging that ripple (XRP), supposedly the second-largest cryptocurrency, overstates its market cap by billions of dollars, it was a sure bet that the claim would ruffle feathers. The actual nature of the backlash, however, has been far more chilling. Continue reading This Crypto Analyst Criticized Ripple (XRP), Now Angry Shills are Threatening to Murder His Family