Evacuation Squad Aimed To Discredit Bitcoin Through Bomb Hoaxes
Before mainstream media decides to take this opportunity and blast Bitcoin's reputation to smithereens once again, it is important to note any form of payment should not be held responsible for how people decide to use it. Sydney schools are facing a completely new kind of threat, as various pranksters have taken it upon themselves to report bomb hoaxes via phone. Terrorism is a serious issue that is on everybody’s mind right now, and law enforcement has to take every single one of these reports very seriously. Similar incidents have been reported in other countries as well, and all of....
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Lizard Squad is the infamous team of black hat hackers who are best known for DoSing Microsoft’s Xbox Live and Sony’s Playstation Network. The wildly popular gaming platforms were down on Christmas Eve and Christmas Day, leaving many gamers unable to enjoy their new consoles. The group of self-described “cyber terrorists” were involved in numerous other illegal acts, including calling in a fake bomb threat on the Sandy Hook Elementary School. The school took this threat especially seriously, since a it was victim to a mass shooting in December of 2012. The group’s newest venture has been....
Xbox Live has been DDoSed again, bringing back memories of the dramatic attack waged against Microsoft and Sony’s PlayStation Network in 2014. This time, the hacking group that attacked Live goes by the name “Phantom Squad,” a copycat of the 2014 Lizard Squad. ARS Technica reported on December 18 that Xbox Live users experienced difficulty logging into their accounts during the night of December 17. By the time ARS Technica published their story, the Xbox Live network was fully functioning. These difficulties occurred after a series of threats made by the Phantom Squad Twitter account,....
The perpetual Ethereum difficulty bomb is evidence that blockchains can be coercive, and Bitcoin is evidence that they don’t have to be.
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge. Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain.They set the delay to two months in order to “be sure that we sanity check all the numbers before selecting an exact delay and deployment time” according to core developer Tim Beiko in a June 11 tweet.In short, we agreed to the bomb delay. We were already over time, and want to be sure that we....
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using today’s prices. More Than 13 Million Ether Worth $15.8 Billion Deposited Into the Ethereum 2.0 Contract This week the ETH 2.0 contract has seen a total of more than 13 million ETH deposited and there are now 406,640 validators. In time, the Ethereum (ETH) blockchain is expected to transition to....