Contributing to this figures was the attack on Coincheck, one of the largest cryptocurrency exchanges in Japan, which caused a market loss of about $530 million. According to a research done by Crypto Aware, a decentralized token investment-management community, $670 million have been lost through hacks and scams all over the world. Hack cases have become more frequent since the year started. Verge currently ranks as the 31st among the cryptocurrencies with a market cap of about $752 million. In the last 24 hours, Verge fell 16% to about $0.0434. The attacks on the cryptocurrency have caused a massive decrease in prices.
Some critics believe Verge did not take the proper measures to safeguard their systems after their first attack. However, barely two months down, hackers have managed to penetrate the system again. The hack forced Verge to put up a hard fork to help prevent the systems. Verge cryptocurrency experienced a similar hack last month that led to the loss of 20 million XVG worth more than $1.1 million within three hours. The hackers managed to infiltrate 2 out of 5 (scrypt and lyra2re) mining algorithms to steal the money. Miners set the fake timestamp on the blocks and quickly mined new ones during the hack. It appears some mining pools are under ddos attack, and we are experiencing a delay in our blocks, we are working to resolve this.Īccording to reports, attackers penetrated the system by manipulating a bug in the Verge code, which allowed malicious miners to access the system. There has been no further communication from the cryptocurrency since Monday’s tweet, and worry grows in the Verge community. In a statement on Twitter, Verge confirmed that its system was under a DDoS attack, which caused delays in its operations. Cryptocurrency Verge has suffered yet another hack on Monday, leading to 35 million XVGs worth $1.7 million stolen within a few hours.
0 kommentar(er)
