Tag Archives: Flaw

Cryptocurrency news: Wall Street SOLVES massive Bitcoin flaw, says expert | City & Business | Finance

Professor Panos Mourdoukoutas, who is the Chair of the Department of Economics at LIU Post in New York, made the claim in response to the argument that the volatility of bitcoin could result in great financial losses should the digital currency fall against the dollar. Responding to the concern, he said: “That’s an old problem, […]

Bitcoin news: Cryptocurrency fans furious as JP Morgan point out ‘design flaw’ | City & Business | Finance

The bank has claimed that bitcoin will not be able to properly deal with a liquidity crisis in the event of an economic shock. In the US, when such shocks have occurred, central banks pump additional cash into the economy to address declines in lending and spending in the private sector. However, such a liquidity […]

Kaspersky Says Telegram Flaw Used for Cryptocurrency Mining

By February 13, 2018, 6:42 AM EST Hackers have been able to exploit a vulnerability in the Telegram messaging app’s desktop client to earn units of cryptocurrencies such as Monero and ZCash, according to Kaspersky Lab. Telegram is one of the most popular messaging hubs used by members of the cryptocurrency community. Kaspersky said on […]

Ethereum Wallet Company Knew About Critical Flaw That Let a User Lock Up Millions

After someone going by “Devops199” managed to permanently lock up millions of dollars worth of other people’s Ethereum funds last week, the company that created the vulnerable code published a postmortem on the incident on Wednesday. It doesn’t look good. According to Parity’s breakdown of the fiasco, the digital wallet company knew about the critical […]

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