If you watched our 2018 Security Predictions, you know that one of them was that attackers would exploit a new blockchain vulnerability in a major cryptocurrency that would result in the value of that cryptocurrency dropping. Last week, that prediction hit. An attacker leveraged a vulnerability in one of the top 30 cryptocurrencies, Verge, to unfairly mine a huge amount of the currency in a very short period of time. Watch the video below to know more about this hack, and check out the references for all the tech details.
Episode Runtime: 2:11
Direct YouTube Link: https://www.youtube.com/watch?v=tP9DeCOP7TU
- Hackers steal Verge cryptocurrency using a “51 percent” attack – Mashable
- Great forum post with all the details about the Verge Blockchain vulnerability – BitcoinTalk