Hackers Are Deleting Git Repos And Holding Code Ransom For Bitcoins

Git hosting services like GitHub, Bitbucket, and GitLab are under ransom attack where hundreds of Git source code repositories have been wiped out and replaced with a ransom demand by attackers. The mysterious hackers have launched a coordinated attack across multiple Git repository platforms. It is unclear how this level of attack took place, but a ransom […]

Hackers steal Microsoft Outlook login credentials to steal Bitcoin

Cyber forensics course specialists report that a group of hackers have infiltrated some email accounts from Outlook users to steal several virtual assets, including Bitcoin. The total stolen amount is still unknown, although it is speculated that it could be a considerable sum. One of the victims, a Dutch engineer, claims that a threat actor […]

Sophisticated DoS attack against Electrum, a popular Bitcoin wallet

A campaign of complex denial-of-service (DoS) attacks was launched against the servers of Electrum, a popular Bitcoin wallet, reported ethical hacking training specialists from the International Institute of Cyber Security. So far the exact amount that the incident has cost is still unknown, although it is estimated that the stolen assets could be worth millions […]

An individual gets a two year sentence for operating a non-regulated Bitcoin exchange platform

A 22-year-old individual has been arrested and sentenced to two years imprisonment for operating a cryptocurrency exchange platform without registration before the U.S. Treasury Department, reported ethical hacking training specialists from the International Institute of Cyber Security (IICS). Jacob Burrell, a U.S. citizen living in Mexico, accepted that he did not take any action against […]

Chinese government to prohibit the mining of Bitcoin and other cryptocurrencies

According to the vulnerability testing specialists from the International Institute of Cyber Security (IICS), the agency responsible for economic planning in China added any “activity related to virtual currency mining” (including the Bitcoin extraction process) to a list of activities subject to be shut down by the Chinese government. The agency claims that the cause […]

Bitcoin could reach $10k USD over the next month

The most recent days have been somewhat convulsed and frightening for the cryptocurrency community members. According to a group of cybersecurity and ethical hacking specialists, last week Bitcoin reached a value of a little more than $5k USD, although for some this means that the virtual asset market will eventually collapse, as they’ve been saying […]

South Korean Bitcoin Exchange Bithumb Hacked

Bithumb, South Korea’s largest bitcoin exchange, has been hacked to the tune of around $20 million. Financial news website CCN reports, “Bithumb, the largest bitcoin exchange in South Korea alongside Upbit, has been hacked for around $20 million. The company said that user funds stored in crypto cold storage wallets were not hacked, but corporate […]

Bitcoin Coders Send First Bitcoin Lightning Payment Over Radio Waves

In a first of its kind transaction, two Bitcoin coders successfully sent a Bitcoin lightning payment over radio waves. The transaction was organized on Twitter when Rodolfo Novak, co-founder of CoinKite, a bitcoin hardware startup, invited interested people in attempting a transaction on JS8call. JS8call is a software for Amateur radio that can encode and […]

Malware found in Play Store changes Bitcoin and Ethereum addresses in your wallets

Malicious actors can replace cryptocurrency addresses thanks to this clipboard malware Network security and ethical hacking specialists from the International Institute of Cyber Security report a new malware-related incident in Google Play Store. According to reports, a new malware variant used to replace the contents of the clipboard of an Android device (this variant is […]

Bitcoin Mining Costs Now Exceeds Its Worth: JP Morgan

In 2018, we saw cryptocurrencies taking a hit after an overly impressive 2017. JP Morgan reports that the cost of mining one Bitcoin is now worth more than its value. In the fourth quarter, the cost of mining a Bitcoin averaged around $4,060 while the trading cost is $3,600. However, there is a varied range for […]

New ransomware demands users to pay 10 Bitcoin or infect another thousand mining devices

Attackers threaten to collapse users’ mining platforms Network security and ethical hacking specialists from the International Institute of Cyber Security report the finding of a new ransomware variant especially targeted against Bitcoin mining platforms. So far, most known infection cases have been reported in China, as this is the country with the most cryptocurrency mining […]

Kidnappers demand a ransom of almost $1M USD in Bitcoins

The criminals demanded a payment in virtual currency for $950k USD in exchange for releasing a businessman, who is still missing Network security and ethical hacking specialists from the International Institute of Cyber Security reported an unusual incident. A criminal group kidnapped a businessman and, at the time of demanding the ransom, they specified that […]

Bitcoin Turns 10: The Digital Coin That Defined The Cryptocurrency World

Ten years ago, on 3rd January, an anonymous developer named Satoshi Nakamoto mined the genesis block of Bitcoin and started a new peer-to-peer electronic cash system. Fast forward ten years, Bitcoin is one of the most well known and dominant cryptocurrencies in the world where digital currencies are biting the dust. Let’s look at the […]

Hacker Stole 200+ Bitcoin from Electrum Wallet

According to business technology news outlet ZDNet, yet another attack has hit the cryptospace – this time, the target was the Electrum Bitcoin Wallet. The hacker, got away with over 200 Bitcoin (around $718,000) by asking the wallet users to download and install a malicious software update. The hack began on December 21, and has […]

Hackers steal Bitcoin worth $750,000 by hacking Electrum wallets

This year we have seen an unprecedented rise in malware attacks against cryptocurrency wallets whereas cryptomining incidents have increased by 4,000%, reports McAfee. The latest attack on well-known Bitcoin wallet Electrum further proves that malware attacks on crypto wallets are indeed on a rise. According to reports, Electrum Bitcoin wallet has been attacked and hackers […]

SPAM POSTS THREATEN WITH DETONATING BOMBS IF BITCOINS ARE NOT PAID

This extortion scheme has received massive attention from the media, although it has not achieved so many funds Police departments across the United States mention that they have received multiple reports on emails that include bomb threats against different organizations. According to experts in digital forensics from the International Institute of Cyber Security, the operators […]

Fake Bomb Threat Emails Demanding Bitcoins Sparked Chaos Across US, Canada

“Pay $20,000 worth of bitcoin, or a bomb will detonate in your building” A massive number of businesses, schools, government offices and individuals across the US, New Zealand and Canada on Thursday received bomb threats via emails that caused nationwide chaos, forcing widespread evacuations and police response. The bomb threat emails were apparently sent by […]

Rogue Developer Infects Widely Used NodeJS Module to Steal Bitcoins

A widely used third-party NodeJS module with nearly 2 million downloads a week was compromised after one of its open-source contributor gone rogue, who infected it with a malicious code that was programmed to steal funds stored in Bitcoin wallet apps. The Node.js library in question is “Event-Stream,” a toolkit that makes it easy for […]