Tag Archives: Susceptible

Blockchains Are Susceptible to Attacks

Blockchain technology is often touted for its great security in preserving transaction records. However, blockchain isn’t impenetrable. After all, a line of incorrect coding or a small computer network backing the blockchain could lead to unwanted transactions, meaning companies must assess and be aware of any risks in their blockchain-based software, experts said. Continue reading Blockchains Are Susceptible to Attacks

Decentralized Crypto Networks ‘Must be Susceptible to 51% Attacks’: Litecoin Creator Charlie Lee

Ethereum Classic (ETC), the smaller spinoff of Ethereum, is still reeling from the 51% attack that was carried out on its blockchain, resulting in the theft of more than $1 million in ETC tokens and an almost 10% erosion of the cryptocurrency’s value. Continue reading Decentralized Crypto Networks ‘Must be Susceptible to 51% Attacks’: Litecoin Creator Charlie Lee