Tag Archive: Shift

  • Blockchain Technology

    Group of Hackers Are Holding Small Blockchains Hostage by 51% Attacking Them

    Small blockchains/coins are being targeted by a novel 51% attack that is holding these fledgling cryptos infrastructures hostage. Also read: TAO Network Raises $100K for Music Industry Blockchain Project Extorting Blockchains via 51% Attack The attackers, calling themselves the “51 crew” are overpowering small blockchains with more hashing power and by DDoSing other nodes. It seems as though the attackers are specifically targeting Ethereum-based blockchains as the cryptocurrencies, Krypton (KR) and Shift, both Ethereum type coins,

    · September 3, 2016 · 10:35 pm