Tag: Cryptocurrency

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Hackers exploit Bitcoin bug to print 235 million Pigeoncoins

By Uzair Amir
It has been confirmed by the Pigeoncoin developers that a recently discovered bug in Bitcoin’s code has now been exploited to print approx. 235m Pigeoncoins ($15,458). It must be noted that Pigeoncoin is a newly launched and somewhat lesser known digital currency. The reason the extraordinary feat was...

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Japan is experimenting with a blockchain-powered voting system

Japan is the latest country to consider using blockchain for voting. Tsukuba is set to become the country’s first city to trial blockchain-powered digital voting. The system will rely on the Japanese equivalent of social security cards to verify voter identity. Currently, the solution is being used to allow citizens to...

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KICKICO Hacked: Cybercriminal Steals $7.7 Million from ICO Platform

Again some bad news for cryptocurrency users.
KICKICO, a blockchain-based initial coin offering (ICO) support platform, has fallen victim to a suspected cyber attack and lost more than 70 million KICK tokens (or KickCoins) worth an estimated $7.7 million.
In a statement released on its Medium post on July 26, the company...

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How to Create Your Own Cryptocurrency Blockchain in Python

Cryptocurrencies and their underlying blockchain technology have taken the world by surprise —from their humble beginnings a few years ago to current everyday conversation point.
Typically, a blockchain refers to a distributed ledger technology that constitutes a “chain of blocks.” Every block in the blockchain has a...

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New Virus Decides If Your Computer Good for Mining or Ransomware

Security researchers have discovered an interesting piece of malware that infects systems with either a cryptocurrency miner or ransomware, depending upon their configurations to decide which of the two schemes could be more profitable.
While ransomware is a type of malware that locks your computer and prevents you from...

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Recent Cryptocurrency Hacks Are Shaking Investors’ Faith

If you had a lot of money in cryptocurrency, you didn’t have a great weekend. In two brief days, bitcoin’s value dropped 10 percent; ethereum, ripple, and bitcoin cash fell more than 11 percent; and EOS dropped 20 percent. What the hell happened, you may be asking? Well, a major hack hit Coinrail, a South […]
The...