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Report: Cryptocurrency hackers earned $20M with 51-percent attacks in 2018

Posted on October 23, 2018 by Dissent

David Canellis reports:

Powerful attacks on blockchains are increasing. So far this year, hackers have effectively executed a minimum of five separate “51-percent attacks” on cryptocurrency projects, with profits amounting to almost $20 million.

This represents a remarkable increase in success, after renowned cybersecurity firm Group-IB recorded no completed 51-percent attacks last year.

Group-IB has just released the full version of its annual report on trends in high-tech crime, which it has shared with Hard Fork.

Read more on TheNextWeb.


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