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Ethereum Hard Fork – Fanfare Diminished as Vulnerability is Discovered
Ethereum
Ethereum Hard Fork – Fanfare Diminished as Vulnerability is Discovered
The upcoming hard fork on the Ethereum network has been delayed after a vulnerability in the code was discovered which would make it possible for malicious actor to steal funds through manipulation of smart contract architecture. The upcoming Ethereum hard fork, which was supposed to happen today (January 16th) has been postponed at the eleventh hour, after a vulnerability in the code was discovered. This vulnerability, if exploited, would allow…
51 Percent Attack Hits Ethereum Classic
Ethereum
51 Percent Attack Hits Ethereum Classic – $1.1M Stolen
It would appear that Ethereum Classic – ETC – recently came under attack. An unknown assailant effectively rolled back and changed transactions on the Ethereum network. As a result, some exchanges completely stopped ETC transactions while others implemented longer times for confirmation. This was an effort to avoid being hit while trades process. It leaves many within the cryptocurrency community wondering what happened. As one point, the official Twitter account…
Ethereum Developers Reach New Agreement to Launch Constantinople Hard Fork in mid January
Ethereum
Ethereum Developers Reach New Agreement to Launch Constantinople Hard Fork in mid January
Constantinople’s Hard Fork is a much anticipated moment, soon to arrive despite a few hiccups along the way.  This decision took place during Ethereum’s recent bi-weekly Dev Core Meeting, last held on December 6th.   Cointelegraph’s Halen Partz writes that “The upcoming Constantinople hard fork encompasses five separate Ethereum Improvement Proposals (EIPs) in order to soften the transition from proof-of-work (PoW) to more energy efficient proof-of-stake (PoS) consensus algorithm.”  A…
Deep Flaw Allows Illicit Token-Minting on Ethereum Network
Ethereum
Deep Flaw Allows Illicit Token-Minting on Ethereum Network
A flaw has been uncovered on the Ethereum network which potentially allows malicious actors to mint large volumes of the GasToken when receiving Ethereum transactions. Level K is a smart contract and dApp developer for the Ethereum network. Through their work they have discovered a vulnerability in the Ethereum code which potentially allows malicious actors to effectively mint their own GasTokens when they receive an Ethereum transaction. A blog post…