Why fall courses Ethereum and other cryptocurrencies. How involved hackers
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In June of 2016, hackers attacked a venture capital Fund, The DAO and stole the cryptocurrency to $ 50 million. The attack tokens are collapsed by 60%, and the rate of ETC (it can be used to buy coins) fell by almost $8 to $13,76.
For restoring the Air to the same znaczenia it took two months. Researchers at Positive Technologies company believe that in such attacks, the hacker's goal is not to steal money, and manipulate the rates of cryptocurrencies. Their report "Kommersant".
thethe Risks of cyberattacks cryptocurrency
One of the ways to reduce the rate of coins is to order a DDoS attack on a cryptocurrency exchange or hack the wallets of users of large companies from the industry. The latest occurred in the summer of 2017 — then hackers stole $30 million from service users on the management of Ethereum-wallets . The rate of Air after the attack, fell from $305 to $291. Another example is the hacking of the exchange in December 2017. Then Bitcoin dropped from $11.5 million to $11 thousand.
As the researchers note, attacks can not only drop cryptocurrencies, but also to improve their course. It depends in whose interests the hacker: a buyer or seller. As it happens, Positive Technologies not specified.
Research disagree analyst IR "freedom Finance" Vadim Merkulov.
For the appreciation of cryptocurrency requires much more effort, so hackers such operations are not interesting.
the fall of the coins due to cyber attacks is estimated at 5-25%.
Manipulations with courses are engaged in robots before VentureBeat. They are now responsible for most of the "short" position in the market and is able to artificially inflate prices and force some investors to overpay for assets.
Robots are capable increase the price of the coins — it bots coordinate the purchase of cheap crypto-currencies to inflate its value and attracting new investors. When traders come over "inflated" cryptocurrency, bots together shed the asset. As a result, the asset depreciates rapidly and investors are left with nothing.
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