{
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hacker exploits dogecoin vulnerability causing significant node crashes in network
A hacker exploited a vulnerability in Dogecoin's blockchain, causing a dramatic drop in active nodes from 647 to 205, a 69% decrease. The attacker, Andreas Kohl, utilized an old laptop to execute the exploit, affecting primarily outdated nodes, while the price of DOGE saw only a minor decline of 4.7%. Some nodes have since recovered, bringing the total to 331.
dailyhodl.com
Dogecoin USD SLV Tobias Ruck Andreas Kohli
Cryptocurrency News, News Article
00:01 13.12.2024
sequentia co-founder exploits vulnerability to crash 69 percent of dogecoin nodes
Andreas Kohl, co-founder of the Bitcoin sidechain Sequentia, claimed responsibility for crashing 69% of the Dogecoin network by exploiting a critical vulnerability known as “DogeReaper.” The hack reduced active nodes from 647 to just 205, although the network has since recovered to 373 nodes. Despite the incident, Dogecoin's price remained stable, increasing by 3.1% in the 24 hours following the attack.
crypto.news
Coinbase Global, Inc. SLV Tobias Ruck Andreas Kohli
Cryptocurrency News, News Article
20:03 12.12.2024
El Salvador leads global cryptocurrency alliances to enhance digital economy and regulation
El Salvador is expanding its role in the global cryptocurrency landscape by exploring partnerships with over 25 countries to share blockchain expertise and regulatory frameworks. This initiative aims to enhance digital asset governance, attract investment, and promote financial inclusion, despite concerns over cryptocurrency volatility and environmental impacts. The National Commission of Digital Assets oversees these efforts, positioning El Salvador as a potential model for other nations seeking to modernize their financial systems.
99Bitcoins
Apple Inc. SLV ARG
Finance & Economy, News Article
16:57 12.12.2024
Dogecoin nodes crash due to vulnerability but price remains stable
A critical vulnerability in the Dogecoin network led to 69% of its nodes becoming inactive, yet the price of DOGE rose by 1.8%. Andreas Kohl, co-founder of Sequentia, exploited the flaw using a laptop in El Salvador, highlighting a severe gap in network resilience. Despite the incident, technical analyst Ali Martinez suggests DOGE may be entering a bull cycle, encouraging purchases in the $0.30–$0.40 range with a target of $3 and a speculative upper limit of $18.
benzinga.com/markets/cryptocurrency/24/12/42460507/hacker-exploits-dogecoin-vulnerability-crashes-69-of-nodes-but-doge-still-spikes-1-8
SLV Tobias Ruck Ali Martinez Andreas Kohli Show more
Cryptocurrency News, News Article
14:49 12.12.2024
dogecoin vulnerability leads to crash of 69 percent of active nodes
On December 12, a significant vulnerability in Dogecoin's network led to the crash of 69% of its active nodes, dropping from 647 to 315. The exploit, dubbed "DogeReaper," was executed by Andreas Kohl from an old laptop in El Salvador, raising serious concerns about the network's stability and security. Despite the potential catastrophic consequences, Coinbase labeled the vulnerability as low-severity, prompting criticism over the delayed response to secure the network.
Blockchain News, Opinion, TV and Jobs
Coinbase Global, Inc. SLV Tobias Ruck Andreas Kohli
Cryptocurrency News, News Article
13:21 12.12.2024
hacker exploits dogecoin vulnerability causing significant network disruption
A hacker exploited a critical vulnerability in the Dogecoin network, causing 69% of its nodes to crash. Andreas Kohl, co-founder of Bitcoin sidechain Sequentia, utilized an old laptop to execute the attack, which was made possible by a flaw discovered by researcher Tobias Ruck. The vulnerability, dubbed "DogeReaper," allows anyone to remotely crash Dogecoin nodes, potentially threatening the entire network's stability.
Cointelegraph
Coinbase Global, Inc. SLV Tobias Ruck Andreas Kohli
Technology & Innovation, News Article
11:30 12.12.2024
el salvador revises bitcoin law under imf pressure partners with argentina
El Salvador is set to revise its Bitcoin law, making its use voluntary, as it approaches a $1.3 billion IMF loan deal amid economic pressures. The country has partnered with Argentina to enhance crypto regulation in Latin America, aiming to share expertise and promote innovation in the sector. Despite the shift, El Salvador remains a significant Bitcoin holder, with 5,942 BTC valued at $600 million.
CCN.com
Chinese Yuan United States Dollar British Pound Sterling Ukrainian Hryvnia International Monetary Fund FUND Apple Inc. GBR BTN SLV UKR FIN GEO CHN USA ARG Juan Carlos Reyes Javier Milei Roberto Silva Show more
Finance & Economy, News Article
10:47 12.12.2024
bitcoin's rise and its evolving role in the financial ecosystem
Gracy Chen, CEO of Bitget, highlights Bitcoin's growing appeal as a hedge against inflation and its increasing institutional acceptance, evidenced by significant ETF inflows and purchases by firms like MicroStrategy. She emphasizes the potential of projects like the TON blockchain and discusses Bitcoin's evolving role alongside gold, suggesting they may complement rather than replace each other. Chen also notes the surge in retail and institutional participation in crypto, driven by innovative platforms and the potential geopolitical implications of a U.S. national Bitcoin reserve proposal.
cvj.ch
Telegram Inu USD MicroStrategy Inc Bitget Token USD BTN USA SLV SGP Gracy Chen Show more
Cryptocurrency News, Market Report
10:47 12.12.2024
Argentina collaborates with El Salvador on cryptocurrency regulation initiatives
Argentina has partnered with El Salvador to enhance its digital asset regulation, with the CNV collaborating with the CNAD to share expertise and improve oversight of cryptocurrency exchanges. This agreement aims to foster a secure environment for virtual asset service providers, leveraging El Salvador's advanced regulatory framework. President Javier Milei's administration is focused on integrating cryptocurrency into Argentina's financial markets, including the recent approval of foreign crypto exchange-traded funds.
Bitcoin News
Cnova N.V. SLV ARG Javier Milei Roberto Silva
Regulatory & Legal, News Article
09:30 12.12.2024
el salvador expands crypto partnerships with argentina and over 25 countries
El Salvador has signed a mutual agreement with Argentina to enhance their digital asset industries and is in discussions with over 25 other countries for similar partnerships. The collaboration aims to leverage Argentina's blockchain innovation and El Salvador's regulatory experience, promoting effective information sharing and regulatory frameworks. El Salvador emphasizes the urgency of establishing regulations to mitigate risks associated with scams and money laundering in the crypto space.
Cointelegraph
SLV ARG Juan Carlos Reyes Roberto Silva
Regulatory & Legal, News Article
09:04 12.12.2024
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