Several cryptocurrency proponents on Twitter have reported that the largest telecommunications company in Argentina called Telecom has become a victim of a ransomware attack. Despite being unknown so far, the perpetrators have demanded a $7.5 million ransom to be paid with the privacy coin – Monero (XMR). Telecom Hacked For Monero? Founded in 1990, Telecom...Read More
Wednesday, July 15th, 2020, will forever be remembered as the day Twiter became a puppet in the hands of a mischievous hacker. Twitter was hacked. And the accounts of some of the most prominent people in crypto and the world were compromised and used to steal Bitcoin in giveaway scams. Experts Share Their Opinions Although...Read More
Yesterday’s fake Bitcoin giveaway scam on Twitter unleashed a series of events and comments from prominent figures. While some spoke against the popular social media platform, others against BTC, a US Congressman stood behind the primary cryptocurrency and blamed it on “centralized control.” US Congressman: Bitcoin Isn’t The Problem As yesterday’s Twitter hack, which unfolded...Read More
It’s not often the tech, crypto, political, and celebrity worlds converge, but that’s exactly what happened on July 15 after a bitcoin giveaway scam replicated across dozens of major Twitter accounts. From billionaires to entrepreneurs, and from crypto traders to exchanges, high-profile accounts of all kinds were targeted in an audacious hack that’s left Twitter...Read More
The news broke yesterday on the Twitter scam that targeted some of the biggest accounts in the cryptocurrency industry. It turns out that the crypto field was not the target, but Bitcoin was the preferred means of payment for the hackers. As CryptoPotato reported, multiple accounts were hacked with a message promising that if users sent...Read More
The Bitcoin Gold network reportedly underwent a ‘long-chain attack,’ also known as a 51 percent attack. But the development team claims that it promptly fended off the hostile takeover. The team also supplied mining pools and crypto exchanges with the latest version of BTG Core. Bitcoin Gold Dev Team Thwarts Network Takeover Attempt On Friday,...Read More
Ravencoin is the latest altcoin project to suffer an inflation bug, after discovering an attack that saw rogue actors mint 315 million counterfeit RVN tokens. Ravencoin Suffers Inflation Bug The Ravecoin network announced the news of the attack via a Medium blog post on Thursday (July 2, 2020). According to the post, the CryptoScope team...Read More
An unknown cybercriminal group from Eastern Europe has stolen nearly $200 million from cryptocurrency exchanges based primarily in the US, Japan, and Israel, a report revealed. Eastern European Hackers Group Steals $200M According to the report citing the research compiled by the cybersecurity firm ClearSky, the unknown group – referred to as “CryptoCore” – has...Read More
Cryptocurrency intelligence company tracking crimes involving digital assets – CipherTrace – said in its latest report that crypto thefts, hacks, and frauds totaled $1.4 billion in the first five months of 2020. Cryptocurrency exchanges are becoming more aware of illegal funds coming from crimes and are implementing successful countermeasures, the firm added. $1.4B Worth Of...Read More
Users of the two leading cryptocurrency hardware wallets could be at risk after a hacker offered to sell personal details of thousands of the companies’ customers. Hacker Offers HD Wallet Users’ Details As per multiple screenshots posted to Twitter, the hacker offered to sell personal details of customers from a wide range of financial services...Read More
It has been almost two weeks since the Trinity wallet attack, which has seen IOTA’s transaction coordinator halted. The fiat on-ramp was exploited by a hacker who leveraged the vulnerability to access IOTA’s Trinity wallet software, which was integrated with MoonPay. From there, funds were stolen from Trinity wallet users, with total losses believed to...Read More
Cold storage hardware wallets are considered to be the most secure way to hold Bitcoin and other cryptocurrencies. The main reason for that is because the private key is never exposed to the internet, unlike hot wallets. Trezor is believed to be the most popular hardware wallet, together with Ledger. During last October of 2019, Kraken...Read More
The Saudi Crown Prince allegedly hacked Amazon CEO Jeff Bezos’ iPhone in May 2018. Two U.N. investors brought the news to light this week. It rocked the entire global community. Prince Mohammad bin Salman may have been able to compromise Bezos’ smartphone WhatsApp text. That something so innocuous as a text could be a cyber...Read More
The popular blockchain analytics company, ChainAnalysis, recently posted a review of how 2019 related to previous years in terms of cryptocurrency exchange hacks. The data reveals an increased number of attacks, but less stolen money compared to 2018. More Cryptocurrency Hacks In 2019 The report informs that hackers attempted the most amount of attacks against...Read More
In November last year, the South Korean cryptocurrency exchange, UPbit, was hacked. The perpetrators took approximately $50 million worth of Ethereum. A new report shows that $3.2 of the stolen funds is already laundered using small transactions towards numerous other exchanges. $3.2 M Of ETH Laundered During November in 2019, Cryptopotato reported that the popular...Read More
2019 saw a number of large crypto exchange hacks, resulting in millions of dollars stolen per attack. Here are 5 of the biggest breaches in the last 12 months. While cryptocurrencies are well-known for increased security — mostly thanks to the decentralized nature of their underlying technology — the same cannot be said for crypto...Read More
NULS Blockchain platform has become the latest victim on the success list of crypto hackers after a security breach leading to the theft of about $480,000 worth of NULS token. According to an official announcement about the situation on Twitter, NULS said that the hackers compromised the account of the NULS team, and a total...Read More
China is known to sponsor several hacking collectives. APT20 a very active community of criminals, wasn’t officially linked to any country, until now. New research by Fox-IT seems to indicate APT20 is working on behalf of the Chinese government. APT20 may be a Government Initiative More specifically, the security agency looked at victims across different...Read More
Cyber attacks have become very common over the past few years. It would appear hackers are primarily targeting entire nations, rather than individual targets. One country dealing with plenty of cyber attacks is Iran. Iran Thwarts two Cyber Attacks So much even that at least two such attacks took place in the past week alone....Read More
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work of intelligence agencies from the U.S. or Israel....Read More
The Argentinian government has been hit with a Bitcoin ransomware attack. According to the latest information, the hacker demanded 50 BTC to withdraw the attack. For all the positive changes that cryptocurrencies have brought in the last few years, there are still those who would use them to harm others. A perfect example of this...Read More
Reports of Pyongyang amassing wealth to fund its weapons program have been widely circulated. However, the North Korea regime has denied allegations of carrying out multiple hacks on crypto exchanges and finance companies. No, We Did Not Hack Your Crypto Exchange The North issued a statement on Sunday vehemently refuting any reports that the United...Read More
Ex-Amazon employee, arrested last month over Capital One data breach, has also been accused of hacking over 30 more companies. In addition to stealing data, Paige Thompson allegedly used the compromised servers to mine cryptocurrency. Hacking The Hand That Feeds You The FBI arrested Thompson at the end of July, concerning a massive data breach...Read More
In the first quarter of 2019, cryptojacking campaigns aimed at victims’ PCs to mine cryptocurrencies rose 29%, according to a recent report by security software provider McAfee. Hackers Target Windows PCs to Mine Monero The antivirus maker founded by crypto fan John McAfee discovered that both Windows and Apple ecosystems are equally vulnerable to cryptojacking...Read More
11 open-source code libraries written in Ruby contained cryptojacking code and were downloaded thousands of times. A Cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times. Industry news outlet Decrypt reported on Aug. 21 that cryptojacking code has been added to 11 open-source Ruby libraries...Read More
Many officials claim only criminals use Bitcoin. All of those people are in the wrong. Many people use cryptocurrencies for a wide variety of purposes. It is certainly true criminals favor Bitcoin due to its pseudonymity. One Norwich-based individual was sentenced for hacking and accepting cryptocurrency as a payment. Teens Love Bitcoin Riches One has...Read More
