Tagged: hack

January 16, 2019 @ 2:50 pm By Cali Haan  |  

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

January 15, 2019 @ 12:04 pm By JD Alois  |  

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

January 10, 2019 @ 9:01 pm By Cali Haan  |  

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

January 10, 2019 @ 11:42 am By JD Alois  |  

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

January 3, 2019 @ 6:55 am By Cali Haan  |  

“(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

December 29, 2018 @ 8:01 am By Cali Haan  |  

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

December 27, 2018 @ 5:02 pm By Cali Haan  |  

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

December 14, 2018 @ 3:59 pm By Cali Haan  |  

An alleged cryptocurrency thief accused of stealing the life savings of a Silicon Valley father of two has been extradited from New York to face charges related to the theft there, the New York Post reports. In November, police arrested Nicholas Truglia, 21, in Manhattan and… Read More

December 13, 2018 @ 1:06 pm By Cali Haan  |  

Hackers have tripled their efforts this month to rip off “exposed” Ethereum wallets and mining equipment- probably in an attempt to profit while the profiting’s still good, ZDNet reports. In fact, attack frequency has been furious for the past week, said Troy Mursch, co-founder of… Read More

December 12, 2018 @ 7:07 pm By Cali Haan  |  

Beware the sextortion email with the suspicious link or attachment, says cybersecurity company Proofpoint Research. Standard “sextortion” attacks, in which would-be-hackers threaten to expose a target’s “prurient” online activity if not paid a ransom in cryptocurrency, are so last year. Savvy hackers are now adding a… Read More

November 8, 2018 @ 10:23 am By Cali Haan  |  

On November 3rd, hackers successfully sandwiched crypto-stealing code into the middle of a popular web traffic-measuring plugin from StatCounter, which is now used on more than two million websites, including government sites, WeLiveSecurity reports. Because the infected software creates a new bitcoin address for every site… Read More

October 25, 2018 @ 1:43 pm By Cali Haan  |  

Cybercrime detectives have stormed a house in Sydney, Australia and arrested a 23-year-old woman they believe hacked 100 000 Ripple (XRP) tokens from a 56-year-old man, Brisbane Times (BT) rep The woman’s parents also reside in the house. The alleged hack took place last January, when 100… Read More

October 12, 2018 @ 11:36 am By Cali Haan  |  

One of two young men suspected of hacking $14 million in crypto from the Crowd Machine project in September has now been tied to a $2 million April hack on ICO investor and influencer Ian Balina, Motherboard reports. Fletcher Robert Childers, 23, and Joseph Harris,… Read More

October 11, 2018 @ 1:50 pm By Cali Haan  |  

Japanese cryptocurrency exchange Zaif has announced that its acquisition by “investment support services” firm FISCO has been finalized and says it will compensate users affected by a $60 million dollar hack that occurred September 14th: “On 10 October, the Company concluded the business of our virtual currency… Read More

October 4, 2018 @ 5:28 pm By Cali Haan  |  

Players of the ultra-popular video game Fortnite may soon add a disappointment dance to their repertoire as they are increasingly targeted by malware aimed at their Bitcoin. Researchers at the anti-virus and anti-malware company Malwarebytes say they have found malware targeting victims’ crypto holdings hidden… Read More

October 4, 2018 @ 11:33 am By Cali Haan  |  

Tech Bureau, owner of the Japanese cryptocurrency exchange Zaif, which was recently hacked for more than $60 million USD, says that although it is suspending new account registrations at the exchange, negotiations for the company’s acquisition by FISCO are still underway. According to a release… Read More

September 25, 2018 @ 10:43 am By Cali Haan  |  

A local division of Japan’s Finance Ministry has given the company Tech Bureau two days to explain the causes of and company response to a $60 million hack on the Zaif crypocurrency exchange that took place last weekend. On Friday September 14th, hackers spent two… Read More

September 24, 2018 @ 11:02 am By Cali Haan  |  

The Japanese Financial Services Agency (FSA) and a crypto industry self-regulatory body have both taken action following last week’s $60 million hack on licensed Japanese cryptocurrency exchange Zaif, Cointelegraph reports. The hack, which has been publicly acknowledged by the company, took place over two hours on Friday,… Read More

September 20, 2018 @ 3:11 pm By Cali Haan  |  

A licensed crypto exchange in Japan has been hacked for an estimated 6.7 billion yen ($60 million USD), two-thirds of which belonged to customers, Nikkei Asian Review reports. The exchange, Zaif, which is licensed in Japan, reportedly did not discover the hack for three days. Three… Read More

September 20, 2018 @ 12:05 pm By Cali Haan  |  

Hackers have used the EOS cryptocurrency platform’s own token-generating service to create a knock-off “EOS” token then steal about $58 000 of real crypto from users of the “decentralized” crypto exchange Newdex, The Next Web reports. Newdex reportedly issued a statement confirming the hack: “EOS account oo1122334455 issued 1,000,000,000 fake… Read More