Browsing tag

Bitcoin

Man gets friend kidnapped to steal $1.8 million worth of Ethereum

As you might know, the value of Bitcoin suddenly increased this month and that motivated hackers to target cryptocurrency exchanges and steal user funds or shut down their service so no one can withdraw their funds. But those who cannot hack or mine cryptocurrency are physically assaulting people for it. According to the Manhattan District […]

Hackers behind Mirai botnet & DYN DDoS attacks plead guilty

A group of three hackers have pleaded guilty to their role in developing, spreading and using Mirai malware botnet to conduct large-scale Distributed Denial of Service (DDoS) attacks on some of the Internet’s most popular websites and Dyn DNS, a prominent Domain Name Servers (DNS) service provider. Pleading guilty In a proceeding that took place in US District Court for Alaska on November 28th, Paras […]

Bitfinex (cryptocurrency exchange) is down due to DDoS attacks

Bitfinex (the world’s biggest cryptocurrency exchange by volume) was forced to shut down its continuous operations after experiencing a distributed denial of service (DDoS) attacks on Tuesday, December 12th. DDoS attack is an attempt to make an online service unavailable by flooding it with traffic from various origins. While Bitcoin’s price goes higher and higher, […]

Bitfinex cryptocurrency exchange hit by massive DDoS attacks​

Bitfinex, known as one of the world largest cryptocurrency exchange was forced to shut down its ongoing operations after suffering a series of non-stop distributed denial of service (DDoS) attacks on Tuesday, December 12th. Based in Hong Kong, Bitfinex used its Twitter account to inform its customers about the situation and stated that “We are currently under heavy […]

In-Store WiFi Provider Used Starbucks Website to Generate Monero Coins

The value of Bitcoin is increasing rapidly making it almost impossible for most of the world to invest and that is why users are trying to invest or mine other currencies including Monero digital coin which is around USD 265. Starbucks and CoinHive code On December 2nd, a Twitter user Noah Dinkin sent out a screenshot that showed […]

Bitcoin investors targeted by Orcus RAT in new phishing campaign

Bitcoin has turned out to be one of the most valuable cryptocurrencies in the world with over $15,000 (€13,170) current value. This is great news for those who invested in Bitcoin but even better news for hackers and other malicious elements. Old RAT new capabilities While Bitcoin’s value is up to the sky, cyber threats against its […]

Man who threw away $121m of Bitcoin wants to dig up landfill site

In 2009, James Howells, a British IT worker bought 7,500 Bitcoin, at the time its value was around $130. Currently, 1 Bitcoin according to CoinBase is more than $15,000(€13,170) which means today Howells should have owned a whopping $121 million. But it turned out back in 2013, Howells threw the hard disk that contained the key to his digital wallet […]

Bitcoin exchange NiceHash hacked, $68 million stolen

Bitcoin is breaking every record—after gaining 20% jump last week, Bitcoin price just crossed the $14,800 mark in less than 24 hours—and there can be no better reason for hackers to put all of their efforts to steal skyrocketing cryptocurrency. NiceHash, the largest Bitcoin mining marketplace, has been hacked, which resulted in the theft of […]

Digital currency exchange NiceHash says bitcoin worth nearly $64 million hacked

Cryptocurrency marketplace NiceHash said the contents of its bitcoin wallet had been stolen in a security breach and one executive said nearly $64 million had been lost. NiceHash head of marketing Andrej P. Škraba told Reuters on Thursday that the hack was “a highly professional attack with sophisticated social engineering” and that about 4,700 bitcoin, […]

Bitcoin will be no longer supported by Steam

In the past few periods, we’ve seen an escalation in the volatility in the state of Bitcoin and a notable increase in the fees to process activities on the Bitcoin network. For instance, transaction fees that are accredited to the customer by the Bitcoin system have skyrocketed this year, excelling out at close to $20 […]

Cryptocurrency mining market NiceHash hacked; $67m might be stolen

The cryptocurrency mining marketplace NiceHash has announced it suffered a hack attack. As a result, hackers have stolen an unknown amount of funds and emptied its entire Bitcoin wallet. In an official statement issued on Wednesday, the company said “Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the […]

Websites use your CPU to mine cryptocurrency even if you close them

The trend of generating cryptocurrency is increasing, thanks to the growing popularity and rise in the value of the Bitcoin. Some use cryptocurrency mining software while some embed mining codes on their website and take advantage of visitors’ CPU time whenever they visit the site. The Pirate Bay and CBS’s ShowTimes websites were some of the famous ones who […]

Bitcoin has lost 8% of it’s value in the last 24 Hours

The cryptocurrency fell as greatly as 8 percent on Thursday on the Luxembourg confirmed Bitstamp exchange to hit $9,000 exactly, considering a fall of well over $2,000 in under 24 hours. It then edged back up to trade at around $9,400 in the time that followed, still down harshly 4 percent on the day.Bitcoin searches […]

How to Safely Store Cryptocurrency – Review of 5 Safest Bitcoin Wallets

$10,000. That’s the valuation achieved by Bitcoin on November 28, 2017! This is living testimony to the success and the value of cryptocurrencies. Alas! Like everything of value, cryptocurrencies in general and Bitcoins, in particular, have attracted eyeballs that hide malicious intents behind them. Hackers, cybercriminals, web stalkers, and fraudsters are striving hard to wreak […]

Hackers Breach GitHub Repository for Bitcoin Gold Windows Wallet

Bitcoin price is surging, and same goes for cyberattacks against it. The Bitcoin Gold (BTG) team have announced that a hacker breached into their Github repository and changed the two existing Windows files with malicious ones. The reason for it was to trick users and steal their funds. Currently, one Bitcoin (BTC) is almost $10,000 that makes […]

Blockchain Wallet CoinPouch Hacked; Verge Coins Stolen

Another day, another cryptocurrency wallet hacked – This time; it is Blockchain Wallet CoinPouch. CoinPunch, a Plano, Texas-based company providing multi-currency crypto wallets announced on Twitter that it suffered a breach in which one of its nodes that stored Verge currency got affected and resulted in the loss of user’s funds. We discovered a hack of a @vergecurrency […]

Hackers steal $30 million worth of cryptocurrency in Tether hack

Tether, a start-up firm known for offering dollar-backed cryptocurrency has announced that hackers have breached their security and stole a whopping $30 million worth of tokens. The breach took place on 19th November 2017 while the news of it was announced earlier today. What happened “Yesterday, we discovered that funds were improperly removed from the Tether treasury wallet through malicious action […]

Bitcoin rebounds over $1,000 after losing almost a third of value

Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency. Bitcoin tumbled in the second half of last week, falling as low as $5,555 on the Luxembourg-based Bitstamp exchange on Sunday, a slide of almost 30 […]