{"id":11040,"date":"2022-09-19T23:59:00","date_gmt":"2022-09-19T20:59:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=11040"},"modified":"2024-02-19T21:50:24","modified_gmt":"2024-02-19T18:50:24","slug":"ethw-first-hack-launch","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/nl\/2022\/09\/19\/ethw-first-hack-launch\/","title":{"rendered":"ETHW suffers its first hack days after its launch"},"content":{"rendered":"

On September 15, The Merge successfully occurred at the Ethereum (ETH) network. This event changed the protocol for mining ETH and marked the birth of a new cryptocurrency called EthereumPow (ETHW). However, 72 hours after the birth of this crypto that intends to continue mining ETH with the old protocol, an ETHW hack occurred<\/strong>.<\/p>\n\n\n\n

The Merge<\/a> was one of the most anticipated events for the Ethereum community and cryptocurrencies in general. However, despite expectations, this event did not positively impact the crypto market, which starts this week lower.<\/p>\n\n\n\n

ETHW and the technical problems that led to the hack<\/strong><\/h2>\n\n\n\n

Als genoemd<\/a> earlier, ETHW is a cryptocurrency that preserves Ethereum’s Proof of Work (PoW) mining. But, this cryptocurrency has experienced technical problems since its launch. Therefore, the malicious actors took advantage of the vulnerabilities this September 18 and hacked 200 ETHW<\/strong>, equivalent to about $1,000.<\/p>\n\n\n\n

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2\/ We have notified @EthereumPow<\/a> and similar issues may exist in other protocols. Here is an example of exploitation transactions:
PoS tx: https:\/\/t.co\/MPnKwCWHTJ<\/a>

Exploitation tx on @EthereumPoW<\/a> :https:\/\/t.co\/ZyhXmolfM1<\/a><\/p>— BlockSec (@BlockSecTeam) September 18, 2022<\/a><\/blockquote>