TagDAO Attack

DAO Attack Fallout Sees Public Blockchains Questioned by Australian Bank

ANZ Blockchain DAO Ethereum

The ANZ Banking Group, a major banking corporation in Australia and New Zealand is exploring and investing in blockchain technology. Like most other banks, it is focusing on private ledgers, unlike a public ledger like the bitcoin blockchain. The recent hack-attack of the DAO is more proof that public blockchains are far too risky to be embraced by private banks, according to Nicholas Groves, ANZ...

Ethereum Crises Deepens; SoftFork Out, HardFork Decision in Just 16 Days

The Ethereum community is in emergency mode as showstoping findings from the Cornell team sent the soft-fork option out. The only choice now available is whether to hard-fork or not, a decision that must be made in just 16 days. DDos vulnerabilities were found in Ethereum’s softfork which allows an attacker to exploit the gas limit (comparable to bitcoin’s transaction fees) and, in effect, bring...

Ethereum’s Solidity Flaw Exploited in DAO Attack Says Cornell Researcher

Ethereum flaw

Ethereum itself seems to be flawed according to the latest developments on the DAO Hack. Philip Daian, a researcher at Cornell University’s Initiative for Crytocurrencies & Contracts, just presented his latest findings on the hack, concluding: I would lay at least 50% of the blame for this exploit squarely at the feet of the design of the Solidity language.  This may bolster the case for...

Exclusive: Full Interview Transcript with Alleged DAO “Attacker”

Earlier today a user under the handle of “daoattacker” came to the DAO slack channel and seemingly gave away 6.37 bitcoin. I was preparing to write an article on an alleged statement from the DAO attacker, so when I checked the slack channel the giveaway was just ending, but everyone was posting their bitcoin address. I was not sent any bitcoin or any other currency nor did I request through...

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