Tag Archive: hack

  • Watchout! Satori Botnet Targets Exposed Ethereum Miners Altcoin News, Ethereum, Mining, News, News teaser

    Watchout! Satori Botnet Targets Exposed Ethereum Miners

    Yesterday, BleepingComputer brought to light recent reports that have Ethereum miners worried, as enslaved internet-connected devices have been targeting miners worldwide.  Evidence filed by multiple internet security companies have shown that the Satori botnet, a system of IoT devices which number in the tens of thousands, has been trying to infiltrate Ethereum miners through a 3333 port exploit. This specific port has often been a way in which miners can remotely control their mining equipment,

    · May 18, 2018 · 10:00 pm
  • Altcoin News, Companies, Mining, News, News teaser

    ‘Drupalgeddon 2’: Cryptojacking Makes a Return to Prominence

    Contrary to popular belief, the cryptocurrency space is not always sunshine and rainbows. A report released by an independent internet security analyst has shown that over 400 websites have been affected by an exploit which allows cryptojacking miners to be run secretly in the backgrounds of these websites.  “Cryptojacking,” as coined by members of the cryptosphere, has returned in full force with sites like the Lenovo webpage along with certain Mexican governmental sites coming under

    · May 8, 2018 · 3:00 am
  • Why Invest in Ethereum? Altcoin News, Altcoins, Ethereum, News, News teaser

    Ethereum Community Votes Down $318 Million Parity Refund Request

    A week-long vote in the Ethereum community has been held in regards to whether or not developers should implement a patch which would restore a disabled contract and unfreeze 587 wallets holding 513,774.16 ETH — currently worth roughly $318,000,000 USD. After much debate, the results are in, and the noes have it. Deep Freeze As a bit of background, the Parity multisig library was hacked to the tune of 150,000 ETH in July 2017. Afterward,

    · April 25, 2018 · 8:30 pm
  • Entersoft - a New Weapon in the Fight Against ICO Scams? FinTech, News, News teaser, Start-Ups, Technology

    Entersoft – a New Weapon in the Fight Against ICO Scams?

    Brisbane-based platform Entersoft is providing comprehensive security solutions for the ICO industry, saving these companies from the threat of hacks and scams. Even though 2017 was the year of the crypto, the ICO industry enjoyed a major ripple effect. Startups were springing up and raising millions in just a few hours, or even minutes. Everybody wanted to be a part of the digital revolution, and rightly so. However, along with this interest in ICOs, came the

    · April 21, 2018 · 4:00 am
  • Altcoins, Bitcoin, Bitcoin Community, News, News teaser

    Ian Balina Loses $2M in Hack, But Not Everyone’s Convinced

    Prominent cryptocurrency reviewer Ian Balina has lost $2 million in a cryptocurrency hack — or has he? Cause for Question While in the middle of a YouTube livestream, popular cryptocurrency proponent Ian Balina received the following message: Ian, did you know that somebody transferred all your tokens from your account? As it turns out, Balina’s stockpile of cryptocurrencies, worth $2 million USD, disappeared from his wallet — causing the cryptocurrency evangelist to cry hack, writing

    · April 17, 2018 · 6:00 pm
  • nocoiner Bitcoin, Bitcoin Acceptance, Bitcoin Exchange, Bitcoin Security, News, News teaser

    Former Mt. Gox CEO Explains Why’s He’s Now a ‘Nocoiner’

    Mark Karpeles, the former CEO of Mt. Gox, recently made comments about his distaste for Bitcoin, admitting that he no longer has any bitcoin or other cryptocurrencies.  No Longer a Fan It has become apparent that Mark Karpeles, former owner and CEO of the now defunct Mt. Gox exchange, has lost faith in the appeal of Bitcoin and other cryptocurrencies. He recently expressed some negative comments concerning the cryptocurrency space on a recent Reddit post.

    · April 10, 2018 · 4:00 am
  • Why Atlanta’s $50k Ransomware Threat Turned into a $2.6 million Cybersecurity Upgrade Bitcoin, Bitcoin Security, News, News teaser

    Hackers Hit Atlanta with Ransomware Attack

    Atlanta is the latest local government to have its computer system attacked by hackers. The criminals are demanding $51,000 in Bitcoin to remove their ransomware. It’s been a quiet few months on the ransomware front. The last notable attack targeted a hospital in Indiana back in January, but now a new target has been hit. The city government of Atlanta, Georgia, reports that their computer system was targeted by hackers in a ransomware attack. The

    · March 24, 2018 · 3:15 am
  • Coincheck NEM laundered Altcoin News, Bitcoin Exchange, Bitcoin Security, News, News teaser

    Half Of Coincheck ’s Stolen NEM May Have Already Been Laundered

    Hackers involved in the high-profile Coincheck heist earlier this year may have successfully converted half of the stolen NEM tokens into other digital currencies. Hung out to Dry As reported by Japan Today, hackers involved in the large-scale Coincheck heist may have utilized the anonymous “dark web” — which has proved troublesome to investigators trying to track the stolen cryptocurrency then valued at roughly $547 million. According to a cybersecurity expert, hackers created a website

    · March 19, 2018 · 9:30 am
  • Bitcoin Wallet, News, News teaser, Technology

    A New Smartphone Aims to Keep Your Crypto Safe

    With large and small-scale cyber attacks costing exchanges and individuals their hard-earned digital currencies, one company is releasing a smartphone aimed at securing your investments from even the most skilled would-be cryptocurrency thieves. One Phone to Secure Them All Sikur, a cybersecurity firm based in Germany, has released a smartphone designed to protect your cryptocurrency from even the most skillful hackers. Unveiled today at the Mobile World Congress in Barcelona, the SIKURPhone features — in

    · February 27, 2018 · 1:30 pm
  • Why Invest in Ethereum? Blockchain Technology, Ethereum, News, News teaser

    Smart Contracts Might Not Be as Smart as You Think

    Smart contracts are supposed to be just that: smart. However, some smart contracts currently circulating aren’t quite making the grade — with vulnerabilities exposing millions of dollars worth of Ethereum to potential theft. How Smart are Smart Contracts? Smart contracts are computer protocols meant to digitally facilitate, verify, or enforce the execution of contracts. Smart contracts’ ability to partially or fully self-execute and self-enforce makes third parties unnecessary when completing transactions — and thus provides superior

    · February 24, 2018 · 7:30 pm
  • Tesla victim of cryptojacking Companies, Mining, News, News teaser

    Tesla’s Amazon Cloud Account Hacked to Mine Cryptocurrency

    Tesla, the automotive company, was the victim of a cryptojacking attack as their Amazon cloud account was compromised and used to mine cryptocurrency. Even the largest and most technologically advanced companies can be vulnerable to being hacked. Case in point is the pioneering electric car company, Tesla, owned by tech billionaire Elon Musk. They were recently the target of a cryptojacking attack that saw their Amazon cloud account compromised and used to mine cryptocurrency. Security

    · February 21, 2018 · 10:30 am
  • Altcoins, Bitcoin, Companies, News, News teaser

    T-Mobile is Getting Sued for Not Stopping Cryptocurrency Theft

    Telecoms firm T-Mobile found itself on the end of a lawsuit this weekend after a customer accused them of allowing hackers into his wireless account. The security breach resulted in the theft of cryptocurrency to the sum of thousands of dollars. It was reported that Carlos Tapang of Washington State blamed T-Mobile for having lax security, which resulted in the hack and resultant theft. The suit states that the company improperly allowed wrongdoers to access

    · February 6, 2018 · 4:45 am
  • The 'Phoenix' Exchange: CoinCheck, Post January's $550 Million Hack Bitcoin Exchange, Bitcoin Regulation, News, News teaser

    Japanese Authorities Raid Hacked Coincheck Exchange

    Japan’s Financial Services Agency raided the offices of the hacked Coincheck cryptocurrency exchange to see if they had adequate funds to repay customers. The recent hack of the Coincheck cryptocurrency exchange in Japan sent a shock wave through the crypto world. The total value of the loss was staggering, coming in at around $530 million. The Financial Services Agency (FSA) originally gave the exchange essentially a slap on the wrist, but due to the seriousness

    · February 2, 2018 · 1:45 am
  • Bitcoin Exchange, Bitcoin Security, News, News teaser

    Watch Out! Analyst Says More Crypto Exchange Hacks Coming

    The Coincheck exchange hack sent shockwaves through the crypto community, and analyst Nicholas Colas says to expect more such hacks in the future. The hack of the Japan-based Coincheck crypto exchange last week was huge. Roughly 523 million of its NEM coins were stolen, causing the exchange to shut down all withdrawals, except for Bitcoin. The overall value of the stolen coins is around $534 million. However, the crypto market stabilized pretty quickly, but more

    · January 30, 2018 · 4:30 am
  • Altcoins, Bitcoin Businesses, Bitcoin Exchange, News, News teaser

    Coincheck to Reimburse $425 Million to Users Affected by Hack

    Japanese crypto exchange Coincheck announced that it would reimburse roughly $425 million to its users affected by the recent hack. Usually when a cryptocurrency exchange is hacked, its users are out of luck. Valuable coins that have been stolen are never seen again, leaving users with empty wallets, shattered hopes, and lots of anger. However, the recent major hack of Coincheck is playing out differently as the Japanese exchange announces it will pay back $425

    · January 28, 2018 · 5:15 am
  • Altcoin News, Altcoins, Mining, News, News teaser

    YouTube Ads Hijacked for Cryptocurrency Mining

    YouTube viewers are upset that their computers are being used for cryptocurrency mining due to YouTube ads being hijacked with Coinhive. While the value of cryptocurrencies continues to fluctuate, the desire for people to mine them hasn’t abated at all. In fact, many individuals look for additional ways to enhance their cryptocurrency mining. One option that many have turned to is the notorious Coinhive code that is often embedded in websites. Now it’s shown up

    · January 27, 2018 · 3:00 am
  • hack Altcoins, Ethereum, News, News teaser

    EtherDelta Cryptocurrency Exchange Hacked

    The EtherDelta cryptocurrency exchange recently sent out urgent tweets, telling users not to open the site as it had been hacked. If there’s one fact that has been proven over and over again is that as long as there is something worth stealing, then somebody is going to be willing to do so. I’m pretty sure that the first caveman who found a pretty rock probably got clobbered in the head by another caveman who

    · December 21, 2017 · 3:30 am
  • Plagiarism, Identity Theft, and False Promises All Too Common in Cryptocurrency Market Bitcoin Security, Breaking News, News, News teaser

    Bitcoin Gold Issues Critical Warning About Suspicious Windows Wallet File

    Bitcoin Gold (BTG) has just issued a warning about a suspicious file of unknown origin found on their download links on their web page and on their Github release page. It seems that Bitcoin Gold has been dealt more than their share of bad luck recently. The company is still mired in the aftermath of the MyBTGWallet scam, and now they have been hit with another problem that is causing them to issue a critical

    · November 25, 2017 · 9:45 pm
  • Tether Loses $30 Million to Hackers, 'Temporarily Hard Forks' to Prevent Spending of Stolen Funds Altcoin News, Bitcoin, News, News teaser

    Tether Loses $30 Million to Hackers, ‘Temporarily Hard Forks’ to Prevent Spending of Stolen Funds

    Tether’s bizarre recent history continues as developers report a hack worth over $30 million at market value. Tether: Huge Losses Counter Huge Issuance Following several weeks of increased issuance of Tether’s token USDT, which notionally acts as a US dollar replacement, a “malicious action” has removed almost 31 million from its Treasury wallet. “…We discovered that funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker,” an announcement read

    · November 21, 2017 · 4:00 am
  • Enigma Bitcoin, Bitcoin Security, Ethereum, News, News teaser

    Over $500,000 Stolen in Enigma ICO Hack

    Hackers were able to breach into the landing page and social media accounts of Enigma and nab $500,000 worth of Ethereum from users. $500K Nabbed from Enigma The Enigma Catalyst project main idea is to offer a platform that allows users to create their own cryptocurrency hedge funds, by providing valuable investment data and strategies for traders. The blockchain project is being developed by a group of experienced MIT graduates. Many people are still struggling

    · August 23, 2017 · 3:30 am
  • South Korea Exchange Bithumb Hacked For 'Tens Of Millions' Of Won Bitcoin, Companies, News, News teaser

    South Korea Exchange Bithumb Hacked For ‘Tens Of Millions’ Of Won

    South Korea’s biggest volume exchange Bithumb has lost “tens of millions of won” after hackers infiltrated company systems. Bithumb Hack: Confusion Reigns Stories Emerge According to local news media reports, the attack occurred last week after hackers “employee PCs were hacked.” It is unknown how much money was stolen in total, with some sources reporting “billions” of won missing. The exchange appears to be running as normal, with reports surfacing from frustrated customers who have allegedly

    · July 4, 2017 · 2:00 pm
  • Bitcoin, Bitcoin Security, News, News teaser

    Global Banking System Under Threat As Hackers Crack NSA, SWIFT Again

    Hacker group Shadow Brokers has allegedly proved that the US National Security Agency (NSA) hacked SWIFT international banking network. NSA ‘Documents And Files’ Show SWIFT Transactions ‘Monitored’ In “documents and files” released Friday, Reuters reports, the group said it had evidence the NSA used SWIFT to “monitor money flows among some Middle Eastern and Latin American banks.” The news marks the second time Shadow Brokers has laid claim to compromising NSA secrets. In August 2016,

    · April 15, 2017 · 2:00 pm
  • Yahoo CEO Bitcoin Security, FinTech

    Yahoo Confirms 2014 Data Breach, 500 Million Users Compromised

    On Thursday night, Yahoo sent out a “NOTICE OF DATA BREACH” to its users, claiming it believed a 2014 hack, which compromised at least 500 million users, was done by state-sponsored actors. The company does not believe the attacker is still in its systems. Also read: Poloniex to Ban New Hampshire Residents An internal investigation confirmed a copy of “certain user account information” was stolen from the California tech giant’s systems in  late 2014 by what

    · September 23, 2016 · 7:07 am