VeriBlock Foundation reveals MESS vulnerability in Ethereum classic blockchain

An Etherum coin next to US dollars and a wallet.

The team behind VeriBlock Blockchain has published details of a critical security vulnerability in Ethereum Classic's MESS protocol, which it disclosed to ETC developers in October 2020, prior to the activation of the consensus technology on the mainnet.

The VeriBlock Blockchain project extends Bitcoin's Proof-of-Work (PoW) security to the world's blockchains in a decentralised, trustless, transparent and permissionless (DTTP) manner.

The team intentionally omitted one...

Chainalysis investigation shows connections between four notorious ransomware strains

Chainalysis, a blockchain analysis company, has released part of a report showing potential connections between four major ransomware cybercrime groups.

The company's 2021 Crypto Crime Report, which is due to be fully released in February, analyses blockchain ledgers to identify how cybercriminals are using cryptocurrencies.

Maze, Egregor, SunCrypt, and Doppelpaymer are the primary groups identified in the report.

Use of ransomware massively increased in 2020,...