Tagged: hack

Beware the Ransomware-Laden Romantic Email

Be careful: that romantic email from an unknown suitor could end up grabbing your data. So say cybersecurity researchers at the Mimecast Threat Labs, who warned the public this week that random emails offering gifts, flowers or other friendly gestures may contain infectious links designed… Read More

Hacker Now Selling 747 Million People’s Data on Dark Net, Including Data of 450 000 Coinmama Crypto Exchange Users

A hacker that posted 620 million individual’s data for sale earlier this week on the Dark Net marketplace “Dream Market” has now added the private data of an additional 127 million people, including 450 000 users of the Israel-based crypto exchange, Coinmama, TechCrunch reports. The… Read More

Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Fork

Developers of the privacy-cryptocurrency Monero have announced they’ll be “forking” (making code changes to) their network, changes that will reportedly make it impossible for “miners” using powerful ASIC-chip-laden machinery to process transactions on the network, Blockchain Reporter states. The change, which is scheduled to take… Read More

Hackers Inexplicably Destroy Confidential VFEmail Service- No Ransom Demanded

In a “complex ‘hack and destroy’ assault,” hackers have dealt a catastrophic blow “privacy-focused” email provider VFEmail. According to Bleeping Computer: “The hackers did not leave a ransom note and, given the extent of the destruction, the service will most likely go offline to never… Read More

Hacktopia: Report Indicates Cryptopia May Re-Open as High Tech Crime Group Gives Permission

Hacked cryptocurrency exchange Cryptopioa has been given a green light to re-open its platform, according to a report in The New Zealand Herald. Authorities of the local Police’s High Tech Crime Group are quoted on the permission. Detective Inspector Greg Murton stated: “We have finished the… Read More

New Zealand Police Say They’re Making “Excellent Progress” Investigating Hack on Cryptopia Exchange; Experts Question Those Claims

Police in New Zealand have issued a press release stating their investigation of a prolonged hack on the Cryptopia cryptocurrency exchange, “is progressing well and advancing on several fronts.” But according to online publication Stuff, Auckland University associate professor of commercial law, Alex Sims, has contradicted those… Read More

BitGrail Exchange Operator Who Lost $170 Million in Crypto Ordered to Return Lost Funds to Investors

An Italian court has ordered the owner of the BitGrail cryptocurrency exchange, Francesco Firano, to declare bankruptcy and forfeit assets so they can be used to reimburse investors harmed when Firano “lost” 17 million Nano tokens (worth $170 million), a post by affected investors claims…. Read More

First Convicted SIM-Swap Hacker Agrees to 10-Year Sentence

Joel Ortiz, a 20-year-old California college student, has accepted a plea deal and has agreed to a sentence of 10 years for stealing $5 million in cryptocurrencies from victims he robbed via SIM-swap hack, Motherboard reports. Ortiz will be sentenced on March 14, and it… Read More

Chainalysis: Two Professional Groups Behind Majority of Lucrative Cryptocurrency Exchange Hacks

In its latest “Crypto Crime Report,” blockchain forensics firm Chainalysis says that two groups are responsible for 60% of hacks on cryptocurrency exchanges, the most lucrative types of crypto hacks by far: “Hacking dwarfs all other forms of crypto crime, and it is dominated by… Read More

Majority of $11 Million in Hacked IOTA Crypto Found, IOTA Co-Founder Says

The co-founder of IOTA, Dominik Schiener has told Reuters that a majority of the 10 million Euros ($11.4 million USD) in IOTA crypto tokens that police believe was stolen by a lone hacker from Oxford, England, has been located, The 36-year-old accused hacker was arrested last… Read More

Prolonged Hack on New Zealand Cryptopia Exchange Continues

Researchers at blockchain forensics firm Elementus who extensively documented the days- long, $16 million USD hack against New Zealand-based crypto exchange Cryptopia two weeks ago now claim that the same hacker has struck again at Cryptopia. According to Elementus, “Though Cryptopia remains silent…” about the… Read More

Peer-to-Peer Bitcoin Trade Service LocalBitcoins Hacked

Hackers may have created a fake LocalBitcoin forum page for the popular global peer-to-peer Bitcoins trading service LocalBitcoins, thereby conning “a number” of affected users out of disclosing the info needed to steal their digital coins. According to a report from LocalBitcoins on Reddit, the… Read More

Analysts Claim Cryptopia Exchange Watched Powerless for Days as Hackers “Drained” $16 Million from Crypto Hot Wallets

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More

Police Confirm Amount Hacked from New Zealand Cryptocurrency Exchange Cryptopia “Significant,” Investigation Continues

New Zealand cryptocurrency exchange Cryptopia went dark this week after “suffer(ing) a security breach which resulted in significant losses,” on Monday: The exchange is still offline this morning and all trading suspended pending “maintenance.” New Zealand Police issued a press release today regarding the hack stating… Read More

Enforcement Never Rests: SEC Announces Charges in the Edgar Hacking Case

Even while much of the Securities and Exchange Commission (SEC) is on furlough due to the US government shutdown, today the SEC announced charges against nine defendants for participating a hack into the SEC’s EDGAR system – the database that hosts all mandated securities filings…. Read More

Cryptocurrency SIM-Swap Hack Victims Band Together Against Telcos with New Website

People who lost millions in cryptocurrencies to hackers that hijacked their cellphones are collaborating to educate the public and strike back against Telecom companies they say aren’t doing enough to prevent the hacks, Motherboard reports. Crowdfund Insider has reported on numerous cryptocurrency thefts involving the… Read More

SlowMist Says ETC Attacker Can Now Be Identified, if Exchanges Help Out

Earlier this week, CI reported on a 51% attack / double spend attempt that was halted by Coinbase. The crypto exchange was not the only target in the attempted hack. The attack utilized Ethereum Classic (ETC) as the vehicle to steal funds. Security firm SlowMist… Read More

Hacker Demands Bitcoin Ransom to Return 9-11 Attack Records

“(E)ach time a Layer is opened, a new wave of liability will fall upon you,” says an extortion note from the prolific hacker ‘Dark Overlord,’ who now claims to possess sensitive records relating to the 9-11 stolen from prominent insurance and legal firms, Motherboard reports. The… Read More

Christmas Hacks: Thieves Steal Bitcoins from Electrum Wallet Users

Hackers have stolen more than $750 000 USD in Bitcoins from users of the Electrum Bitcoin hot wallet since December 21st, CCN reports. Another outlet places the amount stolen closer to $1 million. A “hot wallet” is a device for storing the “private keys” needed… Read More

E-Cash Laws Do Not Apply: Korean Courts Find Bithumb Crypto Exchange Not Responsible for Customer Funds Lost in Hack

The Jury by John Morgan Trial Court Judge Law

The importance of storing one’s cryptocurrency safely was highlighted in South Korea this week when a court there decided that Korean crypto exchange Bithumb is not liable for customer funds hacked from an account there, Han Kyung reports. According to the outlet, an investor with… Read More

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