Normally, the only way to access one's crypto funds is through their private key, which, thanks to advances in cryptography, would take nothing less than an advanced futuristic quantum computer to decipher. That said, mafias and gangs have managed to think outside the box. Instead of wasting their efforts on breaking the underlying cryptography, they've turned their attention … [Read more...] about $5 wrench attacks appear to be on the rise in the crypto community
Attacks
‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK
Decentralized finance, better known as DeFi, may not be “decentralized” enough as attackers exploited centralized weak points to drain users of billions of dollars in 2021, according to research from blockchain security firm CertiK. In a new report on the state of DeFi security in 2021, CertiK researchers said “centralization issues were the most common attack vector” within … [Read more...] about ‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK
Bitcoin has further to fall before BTC attacks $70K, says trader
Bitcoin (BTC) remains bullish but has "one more leg down" to complete before a resurgence, one trader argues.In analysis on Nov. 10, popular Twitter account Crypto Ed said that the pullback from this week's all-time highs above $68,500 was turning out to be deeper than anticipated.Target $65,000 for Bitc"Going a bit deeper as I was expecting yesterday. Looks like it will do 1 … [Read more...] about Bitcoin has further to fall before BTC attacks $70K, says trader
Bitcoin SV rocked by three 51% attacks in as many months
Bitcoin Satoshi’s Vision, the fork of another Bitcoin (BTC) fork, has for the third time in three months suffered a blockchain reorganization (reorg) attack. With a call to all stakeholders to mark the malicious network branch as invalid, Bitcoin SV (BSV) developers say the attacks have been repelled and all fraudulent chains identified.The flurry of attacks against Bitcoin SV, … [Read more...] about Bitcoin SV rocked by three 51% attacks in as many months
‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week Bitcoin mining difficulty just fell by a record 28% — but will this help prices recover?Bitcoin … [Read more...] about ‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase