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Bitcointalk Verge Hack

Written by Alice Aug 30, 2021 · 9 min read
Bitcointalk Verge Hack

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Bitcointalk Verge Hack. Instead of one algorithm the hacker used two algorithms to fork the main Verge chain claiming all the block rewards and earning millions of XVG tokens in the process. We have been staying clear from Verge for quite some time now. The following is an attempt at a thorough examination of the Verge hack of April and May 2018. Operational from 2014 Verge was rebranded in 2016 and its value soared exponentially in the subsequent months.

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Some ex Verge coin holders say that hard fork did nothing to eliminate Verges vulnerability to hack meaning it was totally useless and Verge team has learned nothing from previous hack. In April a Bitcointalk user by the name of Ocminer alerted the crypto community to the activities of a hacker on the Verge blockchain. Altcoin Verge XVG was yesterday subjected to a network attack with 1 million believed to have been stolen. Details of the Suspected Hack On May 27 a Bitcointalk forum poster with the moniker CHIEF56 called attention to a Verge blockchain address with some odd transactions. Details of the Suspected Hack. Initially introduced as DogeCoinDark Verge has come a long way from its fledgling stage.

The attack was first raised on the BitcoinTalk forums by user ocminer described by another.

And a poster on the Bitcointalk forums called IDCToken who claims hes responsible for the attack said there are two more exploits in the Verges code that could be used to perform a similar hack. Hacker Used Modified Version of the Previous Attack Vector. The attack was first raised on the BitcoinTalk forums by user ocminer described by another. The following is an attempt at a thorough examination of the Verge hack of April and May 2018. Instead of one algorithm the hacker used two algorithms to fork the main Verge chain claiming all the block rewards and earning millions of XVG tokens in the process. According to Bitcointalk user Ocminer the attacker used a modified version of last months attack vector to spoof the blockchain.

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In April a Bitcointalk user by the name of Ocminer alerted the crypto community to the activities of a hacker on the Verge blockchain. Verges Twitter account was also compromised in March with hackers tweeting about a fraudulent giveaway of Verge coins in exchange for coins being sent to them. Instead of one algorithm the hacker used two algorithms to fork the main Verge chain claiming all the block rewards and earning millions of XVG tokens in the process. Details of the Suspected Hack. A massive attack on the Verge blockchain has resulted in the altcoin creating an obligatory hard fork to stop the attack.

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We have been staying clear from Verge for quite some time now. The attack was first raised on the BitcoinTalk forums by user ocminer described by another. بار دیگر پر دردسر ترین آلتکوین بین رمزارز ها با سقوط قیمت مواجه شد. When a forum thread on BitcoinTalk has been updated with a post regarding the giant hack which made it possible to steal 250000 units of Verge - a cryptocurrency which can serve as an alternative Bitcoin or simply altcoin the fanbase did not believe the information. Verges Twitter account was also compromised in March with hackers tweeting about a fraudulent giveaway of Verge coins in exchange for coins being sent to them.

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The following is an attempt at a thorough examination of the Verge hack of April and May 2018. The following is an attempt at a thorough examination of the Verge hack of April and May 2018. The attack was first raised on the BitcoinTalk forums by user ocminer described by another. On May 27 a Bitcointalk forum poster with the moniker CHIEF56 called attention to a Verge blockchain address with some odd transactionsUpon closer examination these transactions appeared to have strange timestamps that couldnt be found on other explorers signaling the possibility of an ongoing double spend attack. Upon closer examination these transactions appeared to have strange timestamps that couldnt be found on other explorers signaling the possibility of an ongoing.

Verge Suffered A Cyber Attack Dev Team Responded With An Hard Forksecurity Affairs Source: securityaffairs.co

Verge a cryptocurrency that prides itself on privacy has proven to not be so private. Verges Twitter account was also compromised in March with hackers tweeting about a fraudulent giveaway of Verge coins in exchange for coins being sent to them. Responding to the problem Verge developers proposed fix turned out to be an accidental hard fork and needed to be rolled back. The following is an attempt at a thorough examination of the Verge hack of April and May 2018. Hacker Used Modified Version of the Previous Attack Vector.

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When a forum thread on BitcoinTalk has been updated with a post regarding the giant hack which made it possible to steal 250000 units of Verge - a cryptocurrency which can serve as an alternative Bitcoin or simply altcoin the fanbase did not believe the information. In April a Bitcointalk user by the name of Ocminer alerted the crypto community to the activities of a hacker on the Verge blockchain. Verges Twitter account was also compromised in March with hackers tweeting about a fraudulent giveaway of Verge coins in exchange for coins being sent to them. A massive attack on the Verge blockchain has resulted in the altcoin creating an obligatory hard fork to stop the attack. When a forum thread on BitcoinTalk has been updated with a post regarding the giant hack which made it possible to steal 250000 units of Verge - a cryptocurrency which can serve as an alternative Bitcoin or simply altcoin the fanbase did not believe the information.

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According to Bitcointalk user Ocminer the attacker used a modified version of last months attack vector to spoof the blockchain. Verge مجددا دچار هک 51 درصد شد و 17 میلیون دلار توکن XVG به سرقت رفت. Details of the Suspected Hack. Details of the Suspected Hack On May 27 a Bitcointalk forum poster with the moniker CHIEF56 called attention to a Verge blockchain address with some odd transactions. The hack resulted in the coin losing around 25 of its value and claims of around 250000 Verge worth approximately 13000 being stolen.

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Verge developers had resolved the April hack by accidentally initiating a hard fork according to Suprnova mining pools OCminer comments on Bitcointalk. The attack was first raised on the BitcoinTalk forums by user ocminer described by another. And a poster on the Bitcointalk forums called IDCToken who claims hes responsible for the attack said there are two more exploits in the Verges code that could be used to perform a similar hack. Instead of one algorithm the hacker used two algorithms to fork the main Verge chain claiming all the block rewards and earning millions of XVG tokens in the process. The hack resulted in the coin losing around 25 of its value and claims of around 250000 Verge worth approximately 13000 being stolen.

Hacker Used A Modified Version To Hack Verge Xvg Coinspot Source: coinspot.me

According to Bitcointalk user Ocminer the attacker used a modified version of last months attack vector to spoof the blockchain. The attack was first raised on the BitcoinTalk forums by user ocminer described by another. Upon closer examination these transactions appeared to have strange timestamps that couldnt be found on other explorers signaling the possibility of an ongoing. A bug in the altcoins code enabled the attacker to. بار دیگر پر دردسر ترین آلتکوین بین رمزارز ها با سقوط قیمت مواجه شد.

Verge Xvg Suffers Severe Miner Network Attack And Again Source: coinbureau.com

Responding to the problem Verge developers proposed fix turned out to be an accidental hard fork and needed to be rolled back. Some ex Verge coin holders say that hard fork did nothing to eliminate Verges vulnerability to hack meaning it was totally useless and Verge team has learned nothing from previous hack. Verge a cryptocurrency that prides itself on privacy has proven to not be so private. While munching popcorn we are siding with this Bitcointalk forum user and just wait whats. Initially introduced as DogeCoinDark Verge has come a long way from its fledgling stage.

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And a poster on the Bitcointalk forums called IDCToken who claims hes responsible for the attack said there are two more exploits in the Verges code that could be used to perform a similar hack. Initially introduced as DogeCoinDark Verge has come a long way from its fledgling stage. We have been staying clear from Verge for quite some time now. Details of the Suspected Hack On May 27 a Bitcointalk forum poster with the moniker CHIEF56 called attention to a Verge blockchain address with some odd transactions. Verge a cryptocurrency that prides itself on privacy has proven to not be so private.

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When a forum thread on BitcoinTalk has been updated with a post regarding the giant hack which made it possible to steal 250000 units of Verge - a cryptocurrency which can serve as an alternative Bitcoin or simply altcoin the fanbase did not believe the information. A bug in the altcoins code enabled the attacker to. Verge developers had resolved the April hack by accidentally initiating a hard fork according to Suprnova mining pools OCminer comments on Bitcointalk. According to Bitcointalk user Ocminer the attacker used a modified version of last months attack vector to spoof the blockchain. Initially introduced as DogeCoinDark Verge has come a long way from its fledgling stage.

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