Bitcoin 51% Attack is Unrealistic, New Study Concludes

A Bitcoin 51% attack would be futile for attackers as it would require “significant expenditure” and “little financial returns,” according to a new study, which concluded that Bitcoin is secure. Bitcoin 51% Attack Requires ‘Significant Expenditure’ Professor Saravanan Vijayakumaran, an Associate Professor of the Department of Electrical Engineering at the Indian Institute of Technology (IIT) Bombay […]

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51% Percent Attacks: Hacking a $2 Billion Dollar Cryptocurrency for Less Than $1.5 Million

Matthew Hrones · May 27, 2018 · 7:00 am Some PoW currencies are using the same mining algorithms as their larger counterparts, making it much easier to hack the smaller networks with a 51% attack. Network Security Blockchain technology is revered as being a completely secure system, but that isn’t necessarily the case. The tech […]

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Healthcare CEO Prescribes 5 Ways to Fight Ransomware

Melanie Kramer · April 8, 2018 · 10:00 pm Hancock Regional Hospital in Greenfield, Indiana, was hit hard with a ransomware attack in January 2018. To protect patients the hospital decided to pay the hackers, its CEO Steve Long is now educating others. The Attack on Hancock Regional Hospital Though prepared for such an attack, […]

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This is How The Winklevoss Twins ‘Hodl’ Their Billion in Bitcoin

Jeff Francis · December 25, 2017 · 7:30 am The Winklevoss twins have cut up and stored their Bitcoin keys in safety deposit boxes across multiple banks in the United States. One of the main problems with cryptocurrency is that thieves can plunder a person’s wallet, and there’s very little recourse that one can do […]

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