bitcoin Runsweare locks 10 years of government data
Hungry hackers from Bitcoin have attacked a data center in Argentina where government files are kept. Argentina’s Minister of Science and Technology Alyssa Banuelos says the attack took place November 25.
In an interview on December 2, he said 90 percent of encrypted data had been recovered. The attack affected the government’s 7700 GB data for 10 years.
ELISA said the decrypting process will take 15 days to complete.
The exact amount of the ransom demanded by the hackers could not be ascertained, but it is estimated that the amount was from $ 37,000 to $ 380,000.
In one such case, a hackergroup last week raided an American data center and in two days obtained 200 million worth of bitcoin
Data from the Block Browser confirms that as of October 17
Data from the Block Browser confirms that as of October 17, there were a total of 9,661 BTC ($ 76.96 million), or 0.054% of today’s Bitcoin supply, in three major sidechain projects.
Sidechains are independent blockchains that are tied to the regular blockchain (i.e. the main chain) of cryptocurrencies. Users can interact with it through a fixed mechanism; they send funds to and from the side chain, and have security features that ensure that coins are unavailable on both chains.
Sidechains have been around for several years and have a variety of features based on the goals of the developer.
For example, Blockstream’s Liquid sidechain or LBTC focuses on interoperability between exchanges, while providing traders with enhancements that are not yet available on the Bitcoin main chain.
Liquid launched in October 2018 and currently includes a modest 89 BTC ($ 709,700). This number dwarfs Bin, the largest sidechain Binance chain, which has 9001 BTC ($ 71.74 million).
Even the wrapped Bitcoin (WBTC) sidechain, which is actually based on Ethereum’s ERC-20 standard token, also has 571 BTC ($ 4.55 million), more than Liquid.
WBTC debuted in January of this year, and the mainnet of Binance Chain (internal project of cryptocurrency exchange Binance) was unveiled in April.
This week, wallet provider Blockchain and digital asset management company CoinShares launched their own Bitcoin sidechain in the form of a gold coin network.