Bitcoin Gold loses over $18 million after hack attack

Hackers are conducting Double Spend attack on cryptocurrency exchanges and the latest victim is Bitcoin Gold. It is claimed that cryptocurrencies operate a lot more privately and safely than traditional currencies. But, it has been observed time and again that the security measures used to safeguard cryptocurrency are lackluster and benefit cybercriminals greatly. So far, quite a […]

The Technology Behind Bitcoin: The Background, Challenges and Regulations

While you might still be hard-pressed to pass someone on the street who truly understands Bitcoin and what it means for the financial world, you’re certainly likely to pass more than one who’s heard of it. In recent months, Bitcoin and its underlying technology is known as the blockchain have stormed the news with talk […]

Bitcoin Ransomware Hits Ukraine’s Ministry of Energy website

The official website of Ukraine’s Ministry of Energy and coal was hit by a ransomware attack, as a result, the website has been compromised by malicious hackers asking for ransom in Bitcoin. The attack took place at 7.34am GMT today when hackers left a message on the website in English demanding ransom payment in Bitcoin to get the […]

Most Valuable Cryptocurrencies Other Than Bitcoins that You should know

Bitcoins getting famous day by day, other than bitcoins there are about 710 currencies available for online trade. Here is the list of Cryptocurrencies Other Than Bitcoins. Nowadays a lot of people started us crypto coins, no doubts Bitcoins are the trendsetters. Bitcoins value climb more than $1000 in 2017 January and now it reaches $8,900 […]

Someone stole $3 million from Coinsecure Bitcoin exchange

[squaread][/squaread] In a security notice, the Indian Bitcoin exchange Coinsecure has revealed that it has suffered a setback after 438 BTC which is over $3 million ($3,542,957) according to current Bitcoin price were stolen from its offline Bitcoin wallets The company maintains that it has never been hacked or compromised and the incident took place when its CSO Dr. […]

njRAT upgraded to push Lime Ransomware and a Bitcoin wallet stealer

The njRAT, also famed as Bladabindi, has been upgraded to push Lime Ransomware and a Bitcoin wallet stealer. According to a Zscaler blog post, this trojan was first spotted in 2013 and has remained one of the most prevalent malware families using multiple .NET obfuscation tools that make detection difficult for antivirus solutions and that […]

Bitcoin Price Drops 10% Amid Binance Exchange Hacking Rumors

Being part of the cryptocurrency industry is like constantly riding on a rollercoaster where one minute you feel at the top and suddenly hit the bottom with a big boom. Such is the volatile nature of the cryptocurrency industry. Last week it was too calm and quiet and Bitcoin seemed to be gaining the top […]

Stolen: 600 Bitcoin Mining Computers in Iceland & 153 from Malaysia

Bitcoin is a kind of cryptocurrency which every user, hacker, and criminal wants to own. For this, some rightly invest funds while malicious elements go for cyrptojacking and criminals try to physically steal Bitcoin from others. 600 Bitcoin mining computers and equipment stolen in Iceland In the latest incident, 600 Bitcoin and other cryptocurrency mining computers worth more […]

Hackers using .NET Malware Called “Evrial” to steals Bitcoins by Abusing the clipboard

A new stealthy .NET malware discovered with sophisticated functionality that steals bitcoin by abusing the clipboard to taking control of it and modifying the cryptocoin address. Initially, this functionality has been discovered with the malware called Cryptoshuffle by the end of 2017 and later cybercriminals changed its name as Evrial and started selling with the same platform. Evrial is […]

The debate of Ethereum vs Bitcoin: Can the Ethereum Take the Throne?

Bitcoin has always been the leading cryptocurrency running the show for quite some time now until in the year 2014 when everything changed.  During that year, Ethereum was announced during the North American Bitcoin Conference and since then, it also started gaining popularity and many comparisons between Ethereum vs Bitcoin followed. Many people have had […]

Austria seeks Interpol’s help to bust Bitcoin scammers who stole $115M

Another day another Bitcoin scam in which unsuspected users have been targeted by cybercriminals and the numbers of victims keeps growing with every passing day. In the latest scam, the government of Austria is seeking the help of Interpol to track down scammers who stole more than $155 million worth of Bitcoin from hundreds or even thousands […]

TrickBot Variant Steals Bitcoin by Hijacking Cryptocurrency Transactions

Another day, another malware – This time TrickBot’s variant is stealing Bitcoin by hacking cryptocurrency transactions. TrickBot malware, which emerged in late 2016, has taken the cyber world by storm. TrickBot is a type of destructive code offering a combo of redirection and web injection attacks. It does not directly attack banks or blockchains but […]

North Korean Hacking Group “Lazarus” Targeting Banks & Bitcoin Users Via Sophisticated Malware

A New Malware campaign dubbed HaoBao distributing by North Korean Hacking Group “Lazarus” that specifically targets cryptocurrency and financial organizations via sophisticated cyber Attack. North Korean hacking group Lazarus actively spreading a huge number of spearphishing Emails and targeting many individuals in Beginning of 2017. Last year this campaign was heavily targeted military program insight or steal […]

Hackers use Google Ads to steal $50 million of Bitcoin

Another day, another Bitcoin scam – This time it abuses Google Ads service.  In December last year, HackRead.com exclusively exposed a scam in which hackers bought advertisement slots on Google Search Engine using Google’s very own Adwords (Google Ads) service. The search results would display Google Chrome browser download advertisement even before the official Chrome download […]

Lazarus Group is back, targeting Banks & Bitcoin users with phishing scam

The IT security researchers at McAfee have discovered that the Lazarus Group aka Hidden Cobra is back in action busy targeting global banking giants and unsuspecting Bitcoin users with a new sophisticated phishing campaign. Who is Lazarus Group If you are not familiar with who Lazarus Group are; they are a group of well-trained cybercriminals who according to […]

Someone hacked this advertising screen to mine Bitcoin

The sudden surge in the price of Bitcoin encouraged the world to mine more cryptocurrencies but some do it the right way while the cybercriminals do it the wrong way and unsuspecting users have to pay the price. This is exactly what happened in London where hackers took over computer systems and began to mine […]

Russian scientists caught using nuclear facility supercomputer to mine Bitcoin

Another day, another incident involving people mining Bitcoin cryptocurrency illegally – This time, it is none other than Russian scientists. The Interfax News Agency, Russia, reported that engineers from the All-Russian Research Institute of Experimental Physics (RFNC-VNIIEF) have been arrested for using official “computing resources” to mine Bitcoin cryptocurrency. It must be noted that the RFNC-VNIIEF […]

Tor Proxy Used By Cybercriminals To Initiate Bitcoin Theft

Tor proxy owners are replacing Bitcoin payment addresses to divert payments from ransomware victims to their own wallets. The IT security researchers at Proofpoint have discovered a new type of attack/scam in which cybercriminals are becoming victims of other cybercriminals – In this attack, cybercriminals are found using Tor proxy sites to steal Bitcoin which were originally […]