Synthetix suffers oracle attack, more than 37 million synthetic ether exposed
Synthetix, a synthetic asset issuance platform built on Ethereum, experienced an oracle attack which netted the attacker over 37 million sETH, according to Etherscan. However, the true dollar value is difficult to calculate at this time given the relative illiquidity of sETH on secondary markets.
Number of Infected Electrum Bitcoin Wallets Reaches 152,000
The number of infected Electrum bitcoin (BTC) wallets has reached 152,000 following an ongoing Denial-of-Service (DoS) attack on its servers. The development was reported by anti-malware software firm Malwarebytes in a blog post on April 29.
Businesses Increasingly See Crypto Mining Attacks in Cloud Infrastructures
Cryptocurrency mining is reportedly one of the most observed objectives of hackers attacking businesses’ cloud infrastructures, according to a report by AT&T Cybersecurity on March 14.
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.
Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose Millions
A malicious miner successfully executed a double spend attack on the Bitcoin Gold network last week, making BTG at least the third altcoin to succumb to a network attack during that timespan.
P.E.I. government website hit by ransomware attack
The P.E.I. government’s website was held for ransom Monday, but a spokesman for the province says no personal data was breached.
Hacks, Scams and Attacks: Blockchain's 2017 Disasters
Bombarded by no shortage of unfamiliar technical terms in 2017, consumers in the blockchain sector once again proved a ripe target for hackers and criminals. But, not all hacks and scams were created equal. Some rose above the froth – either due to their size or impact – as well as what they said about the state of blockchain technology and the industry itself.