Tag: bug

Coinbase Merchant Error Causes Major Exploit on Overstock

Recently, it was made public that retail giant Overstock.com had fallen victim to a huge exploit involving Coinbase’s merchant API. This is another issue on top of many others that customers and businesses have made apparent affecting the leading Bitcoin exchange. On January 5, independent researchers discovered a massive exploit in Overstock’s cryptocurrency payment gateway, which is offered through Coinbase’s merchant functionality. This exploit allowed Overstock customers to purchase items with Bitcoin …
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Bitcoin Unlimited Client Bug Causes 13.2 BTC in Mining Pool Losses

It appears something unusual has happened in the world of Bitcoin and cryptocurrency. Bitcoin Unlimited, an alternative branch of development, tried to disrupt the network through an unintentional hard fork. Thankfully, the “fork” failed and the BU node count dropped by a few dozen. It appears a bug in the client code is to blame for this incident, and the developers made quick work of deploying a fix. Bitcoin Unlimited …
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Google Paid Out Over $500,000 For Android Security Rewards Program

Google is working tirelessly to ensure their Android operating system is secure. After the first year of Android, Security Rewards has been wrapped up, it turns out the company paid US$500,000 in bounties. While these numbers are overall positive, Android remains one of the most vulnerable operating systems in the world. Android Security Rewards Is Successful Over 80 researchers submitted their findings on bugs and vulnerabilities for the Android operating …
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Mycelium iOS suffers from a major bug causing disappearing transactions

Mycelium is a bitcoin wallet app available on the iOS and Android devices, recently a bug has been discovered by the user markcoll from r/Bitcoin. After sending a transaction if you don’t reach the final send screen or the app hangs up, after restarting the app the transaction history doesn’t update as if no transaction was sent – which makes sense. However, when trying to send a second transaction both transaction …
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