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MainNewsHacker Explo...

Hacker Exploits Dogecoin (DOGE) Flaw, Causing 69% of Nodes To Crash


Dec, 12, 2024
2 min read
by Mehron Rokhy
for The Daily Hodl

New data blockchain explorer Blockchair reveals that a hacker took advantage of an exploit in Dogecoin’s (DOGE) blockchain, causing the majority of its nodes to crash.

Earlier this week, a Dogecoin monitoring platform noticed that the number of DOGE nodes dipped from 647 to just 205, a decrease of about 69%.

“Our monitoring made us aware that the vulnerability appears to have been exploited, and almost 69% of the Dogecoin network has crashed. Blockchair shows the number of public nodes. Before, it was 647, and at the time of writing it is just 205.”

However, according to Blockchair, some DOGE nodes have since recovered as there are currently 331 active nodes around the world at time of writing.

In a recent thread on the social media platform X, Bitcoin (BTC) sidechain developer Andreas Kohl says that he was the one who took down most of the DOGE network using an old laptop.

“I used a publicly disclosed vulnerability [by BTC developer Tobias Ruck] to take down 69% of the Dogecoin network from an old thinkpad in rural El Salvador.”

According to Kohl, most DOGE users didn’t even notice.

“Only nodes that weren’t on the latest version were affected – which was the majority of the network, excluding CEXs (centralized exchanges) and most other major custodians – hence why most doge users never noticed, not that many understand self-custody.”

News of the exploit had little impact on the price of DOGE as the meme asset is trading for $0.413 at time of writing, a 4.7% decrease during the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Hacker Exploits Dogecoin (DOGE) Flaw, Causing 69% of Nodes To Crash appeared first on The Daily Hodl.

Read the article at The Daily Hodl

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MainNewsHacker Explo...

Hacker Exploits Dogecoin (DOGE) Flaw, Causing 69% of Nodes To Crash


Dec, 12, 2024
2 min read
by Mehron Rokhy
for The Daily Hodl

New data blockchain explorer Blockchair reveals that a hacker took advantage of an exploit in Dogecoin’s (DOGE) blockchain, causing the majority of its nodes to crash.

Earlier this week, a Dogecoin monitoring platform noticed that the number of DOGE nodes dipped from 647 to just 205, a decrease of about 69%.

“Our monitoring made us aware that the vulnerability appears to have been exploited, and almost 69% of the Dogecoin network has crashed. Blockchair shows the number of public nodes. Before, it was 647, and at the time of writing it is just 205.”

However, according to Blockchair, some DOGE nodes have since recovered as there are currently 331 active nodes around the world at time of writing.

In a recent thread on the social media platform X, Bitcoin (BTC) sidechain developer Andreas Kohl says that he was the one who took down most of the DOGE network using an old laptop.

“I used a publicly disclosed vulnerability [by BTC developer Tobias Ruck] to take down 69% of the Dogecoin network from an old thinkpad in rural El Salvador.”

According to Kohl, most DOGE users didn’t even notice.

“Only nodes that weren’t on the latest version were affected – which was the majority of the network, excluding CEXs (centralized exchanges) and most other major custodians – hence why most doge users never noticed, not that many understand self-custody.”

News of the exploit had little impact on the price of DOGE as the meme asset is trading for $0.413 at time of writing, a 4.7% decrease during the last 24 hours.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Hacker Exploits Dogecoin (DOGE) Flaw, Causing 69% of Nodes To Crash appeared first on The Daily Hodl.

Read the article at The Daily Hodl

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