This week, the USA security service published a report about a case when a hacker was guessing private keys on Ethereum blockchain. Beside that, the service established around 700 private keys that were weak enough and could be guessed easily. A blockchain bandit was found, who actually did it: guessed weak private keys and got
MetaMask is a cryptocurrency wallet and an Ethereum decentralized app. Now, it has blocked one of the most popular app for Ethereum, called 333ETH. The app promises lifeling payments in ethers to all investor wallets after they make an initial down payment. Now, the announcement and the app have attracted a number of scam accusations.
The new algorithm introduced for ethereum by Windows, will supposedly allow building decentralized apps (DApps) more efficiently. Moreover, they will enable creating consortium networks where all participants are known. A proof-of-work protocol already exists in Azure, but the new proof-of-authority protocol is based on a different principle: the principle of approved identities in the blockchain.
Elon Musk, a billionaire entrepreneur and engineer, has paid a special attention to scam bots that are becoming more popular on Twitter and are used to steal Ethereum and other cryptocurrencies from users. Vitalik Buterin has already reacted to the message, addressing his suggestion to the Twitter CEO Jack Dorsey with a request to take
Misconfigured Ethereum clients – this vulnerability has been exploited to steal from Ethereum network the sum equivalent to 20 mln USD. The hackers configured the network interface to expose a remote procedure call (RPC), which allows third parties to access the private keys and information of the clients. Most apps disable this interface by default,
Parity Technologies issues urgent updates after warnings about the testnet vulnerability, which could spread to the entire Ethereum network. Parity is the UK provider of software infrastructure for Ethereum network. In the blog post, the company informed about security problems with Parity Ethereum. Users whose systems are affected will see their transactions fall out from
The Hyperledger director Brian Behlendorf insists that the blockchain technology is expected to perform a huge influence on the tech giants from Silicon Valley, such as Google, for example. The new way of technological development will not be shaped by Silicon Valley companies, but by a new technology. The smartest and the biggest companies, like
Ethereum Classic has implemented a network upgrade, which is directed to keep mining viable. The fork has eliminated difficulties of the so-called “Difficulty Bomb”. This bomb is one of the components of the Ethereum code. The main task of this code part was to make the mining procedures more complicated after the coin number reaches