Hackers took over most of the computing power in the Bitcoin network Gold

Date:

2018-05-24 18:30:09

Views:

3468

Rating:

1Like 0Dislike

Share:

Hackers took over most of the computing power in the Bitcoin network Gold Source:

Recently, the Bitcoin network with Gold was attacked double-spending. Cryptocurrency has become at least the third Aldona whose vulnerability was exploited by hackers. The first reports of the attack appeared on may 18, reports . Recall, on the eve investors cryptocurrency Verge also from the actions of fraudsters.

the

a New attack on cryptocurrency

To make double-spending in the network Aldona, hackers took control of more than 51 percent of computing power. In itself, this event is very expensive even by the standards of a small network of Bitcoin Gold, but the cost can be covered the subsequent sale of huge amount of the coins.

After the attack, 51 hackers began to send the coins to the wallets of exchanges at the same time to transfer them to another wallet. Under normal conditions, only the first transaction would be in the blockchain, but when you control for much of the computing power of the network to build a parallel block chain of arbitrary length.

From may 16 to purse criminals had come 388200 coins BTG. In dollar terms, the attackers stole 18.6 million dollars. The latest transaction in the wallet committed on may 18, but the hackers still have access to most of the computing power of the network.

About Bitcoin mining Gold read .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

"Bitmain playing dirty": what happens with ASIC-mining?

This story was told by one of the leading developers of Sia, cloud-based storage of the blockchain. A year ago, he and several members of the Sia team have created Obelisk, a company producing ASIC miners for mining cryptocurrency...

Bitcoin fell to $ 7400. Review investor

Bitcoin fell to $ 7400. Review investor

Today, the market continues its decline. Total capitalization is $ 325 billion, with the share of Bitcoin at 38.9 percent. The value of the main coins is 7407 dollar, which is 6 percent lower rate of days old. More prominently in ...

Criminals need bitcoins for the life of kidnapped victim

Criminals need bitcoins for the life of kidnapped victim

the Kidnappers of a 13-year-old boy in South Africa demanded a ransom the size of 15 bitcoins, which at current exchange rates is equivalent to 120000 dollars. As reported , the kidnapping occurred on may 20 in Witbank. the New re...

Study: majority of capturadora — young people without experience

Study: majority of capturadora — young people without experience

Only 8.5 per cent of the cryptocurrency traders — women and 81.9% of traders cryptocurrency around the world no experience playing on the stock exchange. About it in the Etoro study, published in mid-may. The data confirmed analys...

Six reasons to invest in cryptocurrency in 2018

Six reasons to invest in cryptocurrency in 2018

the main Price of the digital currency continues to decline. There are six reasons for investing in digital currency will be relevant in 2018. Shared them journalists . the regulation of the cryptocurrency will give the results In...

Why the increased value of transactions on the network Ethereum?

Why the increased value of transactions on the network Ethereum?

RA last week cost "gas" required for transactions in Ethereum network, has doubled. The cause of network problems was the growing popularity of the decentralized games. It is reported . the Decentralized gaming applications slow d...

The Pentagon will not test applicants for the presence of crypto-currencies

The Pentagon will not test applicants for the presence of crypto-currencies

early In the week, investor and head of Foundstat, That's why Bitcoin has not grown during the crypto conference Consensus 2018. One of the reasons was the lack of certainty regarding the status of the digital money from regulator...

Fraud cryptocurrency is not the main problem States

Fraud cryptocurrency is not the main problem States

Australian Commission on competition and consumer protection (ACCC) has released its annual report on fraud in the economic sphere of the country. As reported , lies with the bitcoin constitute less than one percent of the total n...

Ashton Kutcher donated $ 4 million in Ripple charitable Foundation Ellen DeGeneres

Ashton Kutcher donated $ 4 million in Ripple charitable Foundation Ellen DeGeneres

While the majority of investors is the pursuit of profit, other enthusiasts are using cryptocurrencies as a means to save the world. As reported , the American actor Ashton Kutcher has donated $ 4 million in cryptocurrency Ripple ...

How can the head of the investment firm compares Bitcoin and tulips

How can the head of the investment firm compares Bitcoin and tulips

the Chief economist of the world's largest investment companies in the nines smashed cryptocurrency in the news column of the investment Fund ETF.com. Joe Davis, chief economist and Director of development Vanguard Investment Stra...

Banker Neil Kashari: Bitcoin because of Scam has become a farce

Banker Neil Kashari: Bitcoin because of Scam has become a farce

In mid-April, Nobel laureate in Economics Robert Shiller Bitcoin, calling it a bubble that will soon burst. However cryptocracy works "enough smart people" that it would continue to exist and develop, he added. President of the Fe...

The London mosque will begin to accept donations in bitcoin

The London mosque will begin to accept donations in bitcoin

Mosque Sequell lane, also known as Majeed Ramadan, announced the acceptance of donations in the cryptocurrency. Such a bold move to make Islamic Church the first religious organization taking the crypt, according to the portal . t...

Six undervalued cryptocurrency that can take off in 2018

Six undervalued cryptocurrency that can take off in 2018

the Rules of the game for the majority of investors and traders in Cryptoprotected simple and complex at the same time: to find a hidden treasure in the form of a project that will bring 10, 20 or 100 times the profit (or as they ...

Wit: Ukrainian police found at work mining farm and mined coins

Wit: Ukrainian police found at work mining farm and mined coins

In early April, the Ministry of interior with support of fighters of Regardie secret mining farm. The coins were produced in the Orenburg region on the territory of an abandoned factory. Found 6 thousand ASIC miners cost at least ...

The Ministry does not exclude the admission of cryptocurrencies to the exchange on the territory of the Russian Federation

The Ministry does not exclude the admission of cryptocurrencies to the exchange on the territory of the Russian Federation

Yesterday the state Duma in the first reading the draft law "On digital of financial assets". Under its current regulations, users will be able to buy and sell cryptocurrency in special exchange offices. They will create a digital...

Deputy Finance Minister commented on the theme of fraudulent ICO and remembered Ostap Bender

Deputy Finance Minister commented on the theme of fraudulent ICO and remembered Ostap Bender

on Monday, WSJ journalists the results of the study. According to the report, 20 percent of the ICO from the beginning of 2017 arouse suspicion. Some corny copy data to other projects and give them their own. Now the topic was com...

John McAfee is confident in the rapid growth of Bitcoin

John McAfee is confident in the rapid growth of Bitcoin

the Infamous expert in Internet safety announced the imminent arrival of the bulls on the cryptocurrency market. As the portal , McAfee is not the first time predicts the rapid growth of Bitcoin prices. He also informed the public...

Bitcoin fell below $ 8,000. Expert commentary

Bitcoin fell below $ 8,000. Expert commentary

Today's top world of cryptocurrencies is painted red. Bitcoin dipped to 5.5 percent, while the leaders of the race in the top ten steel Bitcoin Cash, EOS and Cardano. Each of these coins sank more than 11 percent. The situation wa...

Deputy Finance Minister commented on the possibility of circumventing the sanctions by using the cryptocurrency

Deputy Finance Minister commented on the possibility of circumventing the sanctions by using the cryptocurrency

Yesterday, sources on the possible use of crypto-currencies Iran and Russia. The purpose of cooperation is to bypass the us sanctions. According to reports, the development of proposals for the use of coins are already doing. Now ...

Walmart is considering the use of the blockchain in the retail trade

Walmart is considering the use of the blockchain in the retail trade

a New patent application from giant retail sales Walmart describes the application of blockchain technology to improve customer service. Published last Thursday by the US Patent office document basically describes the registry on ...