Browsing tag

Bitcoin

Blockchain.info Vulnerability Allows Attackers to Steal Bitcoin Wallet Backups

Blockchain.info is a bitcoin cryptocurrency wallet and block explorer service. Started in August 2011, the service presents information on new transactions, mined blocks in the bitcoin Blockchain charts on the bitcoin economy, and statistics and resources for developers. Security researcher (Shashank) has discovered a critical vulnerability in blockchain.info, he was able to steal anyone’s bitcoin […]

Multi-Sig Wallets worth $300M Mistakenly Blocked by User

As surprising and unbelievable as it sounds, it is indeed true that a single user has managed to jeopardize lives of countless individuals by permanently locking down dozens of multisignature digital wallets simply by accidentally deleting the code needed to access the wallets. The wallets were hosted by Parity Technologies; the company admitted that the […]

CryptoShuffler malware made over $150,000 worth of Bitcoin

The CryptoShuffler malware has been discovered by security researchers from Kaspersky Lab, cybercriminals are using this malware to steal cryptocurrencies from the victim’s wallet by replacing their address with its own in the devices. The malware remains idly on victims’ machines, waiting for a Bitcoin transaction then substitute any string that seems like a Bitcoin […]

The Value of Bitcoin has surpassed $6,800

The cryptocurrency has had a bullish streak completely the week following the CME’s statement that it will introduce bitcoin expectations contracts. According to data from CoinDesk, the virtual money reached an all-time high of $6,994.01 at about 3:04 a.m. ET Thursday. After nearing $7,000, the price withdrew slightly but held above the $6,900 mark. A surge in the digital […]

Hackers Stole $150,000 from Cryptocurrency Wallets Using CryptoShuffler Trojan

Popular cryptocurrency wallets are under threat currently as the notorious CryptoShuffler Trojan is stealing cryptocurrencies. According to the findings of Kaspersky Labs, which discovered the Trojan, mainstream cryptocurrencies including Dash, Monero, Ethereum, Bitcoin, and Zcash, etc., have been targeted by attackers so far using CryptoShuffler and hackers have stolen $150,000 (£113,250) worth of Bitcoins. The […]

LokiBot Trojan Turns Itself into Ransomware If you Decide to Remove it

Security researchers from SfyLabs have detected an Android banking trojan dubbed LokiBot that transforms itself into a complete ransomware once the targeted user attempts to uninstall it from the infected device. LokiBot malware has been in the news since June and its makers have been pushing out new features almost every week. Once the malware […]

This malware turns itself into ransomware if you try to remove it

IT security researchers at SfyLabs have discovered an Android banking malware called LokiBot that converts itself into a fully fledged ransomware once the targeted victim tries to remove it from the infected device. The malware has been in the news since June this year, but since its developers keep coming up with additional features, it has become […]

jQuery Blog Gets Hacked – Hackers Compromise CoinHive’s DNS

In two different incidents, security of high profile platforms was compromised. These platforms include jQuery and CoinHive. jQuery Earlier today, two hackers going by the online handle of “n3tr1x” and “str0ng” hacked and defaced the official blog (blog.jquery.com) of jQuery. The JavaScript library platform was using WordPress content management system (CMS) for its blog and looking at the […]

Entire Europe is being affected by the BadRabbit Ransomware

According to various cybersecurity firms, the growing virus is dubbed “BadRabbit” and is a form of ransomware that bolts down machines and requires bitcoin from administrators. Screenshots of the infections posted to social media revealed BadRabbit asking for 0.05BTC for decryption, which is similar to £215 ($280). Reports show that the Kiev Metro, Odessa naval […]

Fake Cryptocurrency Apps on Play Store Stealing User Data

The US-based cryptocurrency exchange service Poloniex, which happens to be the largest exchange service in the world with over a hundred types of cryptocurrencies available for trading/buying, has been in the news lately for all the wrong reasons. In August 2017, we reported that a security researcher managed to bypass the 2FA (two-factor authentication) process […]

Russia Fights to Keep Founder of BTC-e from Extradition to United States

In a tale as old as time, the United States and Russia are at it again. Alexander Vinnik, the founder of a cryptocurrency exchange website called BTC-e, was recently ordered to be extradited to the U.S. at their government’s request. However, Vinnik, who is a citizen of Russia, chose to fight against the extradition request […]

The Value of Bitcoin has surpassed $6000 for the first time

The cryptocurrency hit an all-time high of $6,147.07 just a time after forcing through the $6,000 mark, according to data from application website CoinDesk. Much of the rise can be related to another upcoming split in bitcoin apprehended as a “fork”. This will lead to the discovery of a new cryptocurrency called bitcoin gold. Holders […]

Hundreds Of websites mining cryptocurrency without user consent

Previously it was reported that torrent search platform The Pirate Bay and other popular sites have been using visitor PCs to mine cryptocurrency and new reports have revealed that these are not the only websites that are exploiting our PCs but hundreds of websites are mining cryptocurrency without notifying the users. Bitcoin or Monero are […]

The Value of Bitcoin has surpassed $5000 first time in history

The Bitcoin rose by higher than 8% to $5,243 having begun the year at $966. Bitcoin has risen by more than 750% in the past year and is meriting four times as much as an ounce of gold. But the rate has been volatile. The digital currency fell below $3,000 in mid-September after the Chinese […]

The Pirate Bay Caught Secretly Running Cryptocurrency Miner Again

In September 2017, we reported that The Pirate Bay (TPB) was running a cryptocurrency miner provided by CoinHive. The code used visitor’s CPU bandwidth to generate Monero digital coins without informing them or allowing them to Opt-In or Opt-Out. In reply, TPB claimed, “the miner is being tested for a short period (~24 hours) as a new way to generate revenue.” Another […]

Hackers are compromising websites to mine cryptocoins via user’s CPU

For the last couple of weeks, the trend of inserting code in websites that generate cryptocurrency has been growing like never before. What might worry some is that it uses visitor’s computers to start and finish the process. Recently, Trend Micro, a cybersecurity firm discovered that hackers are compromising charity, school, and file sharing websites with a […]

CloudFlare Boots Off Torrent Site For Using Cryptocurrency Miner

CloudFlare says sites running mining code without notifying users are considered to be malware. In the last couple of weeks, researchers discovered an increasing trend in which website owners were found using cryptocurrency miners that can hijack CPUs of its visitors to generate digital currency without informing users. First, it was The Pirate Bay and later two domains owned by CBS […]

Chinese Bitcoin Trading Exchange Blames User For Losing $3M

Popular Chinese Bitcoin Trading Exchange Denies Hacking Rumors And Blames Customer For Poor Security. Phishing scams against digital currency platforms are nothing new, but if rumors are to be believed, the Chinese Bitcoin exchange OKEx became a victim of a hack attack at the end of August. According to a user, on August 28 he noticed […]

South Korea Blames North Korean Hackers For Stealing Bitcoin

North Korean State-Sponsored Hackers Attacked Four Virtual Currency Exchanges in Seoul- Report Reveals. North Korea is being held responsible for conducting cyber-attacks against South Korean virtual currency exchanges. According to a report from Yonhap news agency, police carried out a comprehensive investigation and concluded that North Korea is directly responsible for cyber attacks on dozens […]