Tagged: hack

Bitgrail Posts Update on Cryptocurrency Theft, CEO Proposes NANO Fork Fix as Accusations Fly

BitGrail, the Italy-based cryptocurrency exchange that experienced a theft of 17 million NANO (XRB) – about $153 million at current exchange rates, has posted an update today regarding the hack. The good news for users of the exchange is Bitgrail states all other cryptocurrencies reman… Read More

Bitgrail Exchange Hacked. $153 Million of Nano Stolen. Users are Really Pissed Off [u]

Bitgrail is the next cryptocurrency exchange to experience an unfortunate hack – an event that highlights profound problems within the exchange space as cyber security continues to fall short. According to a post on the Bitgrail website, the company said internal checks revealed “unauthorized transactions which… Read More

Following $523 Million Hack, Coincheck Announces it will Reimburse All Impacted Investors

Following the enormous theft of 523,000,000 XEM (NEM), Japan based cryptocurrency exchange Coincheck has announced it will reimburse all impacted investors. At current exchange rates, this means Coincheck will need to pay out over USD $523 million to the estimated 260,000 impacted users. At the time… Read More

Largest Cryptocurrency Exchange in Japan Hacked, Reports Indicate Over $500 Million Stolen from Coincheck [u]

Numerous reports are indicating leading cryptocurrency exchange Coincheck has experienced a serious security breach. Estimates indicate that over $530 million in digital currency may have been stolen or about 58 billion yen of the virtual currency. Coincheck, based in Tokyo, has reported the “illegal outflow… Read More

Hack a Mole – NiceHash Hack Sees $70 Million in Crypto Stolen

It is quickly becoming a regular occurrence that a crypto exchange or wallet is hacked and unsuspecting users see their Bitcoins plundered. Yesterday, NiceHash had not so nice news as approximately $70 million in crypto was stolen. In a painful tweet, NiceHash shared the news;… Read More

Hacked! Tether Claims Theft of $30M+ in Digital Currency

Tether, a company that is “Bringing real-world currency to the Blockchain” has been robbed of $30,950,010. The company is truly experiencing a real world currency issue as the money was stolen by an attacker and management is currently in the process of attempting to retrieve… Read More

Trust Will Vanish: Cappasity CEO Criticizes Parity Hack Response as Funds Remain Frozen with No Resolution in Sight

Cappassity CEO Kosta Popov, who is gearing up for the ARToken ICO, has published a blog post that hammers Parity for its tepid response following a hack that froze possibly $300 million in Ethereum. The hack was revealed in early November when it became known that… Read More

Parity Publishes Post Mortem on devops199 Hack that Froze $172 Million in ETH

Parity has taken a breather from its “all hands” call that went out last week when a nefarious character under the username of “devops199” destroyed the Parity library that blocked 587 wallets holding 513,774.16 ETH and a few other tokens. The vulnerability that devops199 uncovered allowed… Read More

Oops, I Accidentally Froze $150 Million of Ether. Or, How Smart Contracts Are Not Invulnerable

Well, here we are again. On November 6, Parity encountered yet another failure, and the result? Reportedly, some $150 to $300 million dollars worth of Ether (we are hearing conflicting reports as to how much ETH has been frozen) is locked down, and we’re hearing… Read More

Cappasity Says Ethereum Parity Wallet Hack is a Deliberate Act of Fraud

  Cappasity, a company in the midst of their own initial coin offering (ICO) that was impacted by the Parity multi-sig wallet hack, has called the hack a deliberate act of fraud. Cappasity told Crowdfund Insider; “Currently, we are running an ICO. On November 7,… Read More

Parity Updates on Wallet Hack

Parity wallet revealed a critical security issue this week regarding a vulnerability in the Parity Wallet. Earlier today, the Parity team posted an update regarding the hack: We very much regret that yesterday’s incident has caused a great deal of stress and confusion amongst our users… Read More

SEC Updates on EDGAR Hack that Allowed Intruders to Trade on Non-Public Info

SEC Chairman Jay Clayton has provided an updated on the intrusion into EDGAR that occurred back in 2016. Additionally, the SEC Chair said the Commission would be strengthening its defenses agains future attempts to hack the SECs systems. The investigation has now determined that an… Read More

Inside Crowdfunding Ep. 2: Boost.vc’s Adam Draper Talks Bitcoin, Accelerators & Crowdfunding

On this week’s episode of Inside Crowdfunding, we talk to Adam Draper of Boost.vc about his accelerator and the culture around accelerators in general. He shares some information about the cool stuff coming out of the companies in his portfolio. Of course, Draper is also bullish on… Read More