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What an awesome start of the new year for those who were retaining Bitcoins! Web-based virtual currency Bitcoin has surpassed $1,000 for the first time on the Bitstamp fee Index (BPI) due to the fact that early November 2013. Bitcoin broke the barrier on 1 January and now is trading above $1,020 on the time […]
On the last day of 2016, KeepKey, a vendor of Bitcoin hardware wallets, has notified users of a security breach that inadvertently exposed some of its customers’ details. According to Darin Stanchfield, KeepKey founder and CEO, the attack took place on Christmas Day, December 25, when an unknown attacker had activated a new phone number […]
Today’s Bitcoin to US Dollar exchange rate has reached $902, the first time Bitcoin price has gone above the $900 mark since January 2014, almost three years ago. Nobody knows what’s driving this sudden surge of Bitcoin popularity, but cyber-criminals won’t bother looking into macroeconomic factors when deciding that the market is ripe and ready […]
Zcash, a cryptocurrency that debuted on 28th October 2016, is believed to be more anonymous than the overhyped Bitcoin. This new virtual currency has attracted the attention of investors, academics as well as hackers since the latter have managed to use this new currency for their malicious purposes. Reportedly, hackers are installing software on Windows-based computers […]
We know that through ransomware, cyber criminals get an excellent opportunity to make some easy money by encrypting data on the victim’s computer. Once the data is encrypted, the attacker uploads a ransom note explaining how much ransom is to be paid and how to make the payment. Victims are left with no other choice […]
Short Bytes: San Francisco Municipal Railway aka Muni was compromised with hackers taking control of around 2000 computers on the network. A ransom of 100 Bitcoins has been asked by the hackers. Also, Muni was made free for the commuters on Saturday as the payment machines didn’t work. The Black Friday weekend for San Francisco […]
Turns out the Russian hacker accused of LinkedIn hack is a bigger fish than expected — The indictment made by Justice department shows he was also behind Dropbox and FormSpring hacks. Yevgeniy Aleksandrovich Nikulin, the 29-year-oldRussian hacker was arrested in Prague when he was ordering food. Initially, authorities revealed he was a suspect in massive LinkedIn […]
At the time of writing, everything is back to normal. Blockchain.info, the largest web-based Bitcoin wallet, suffered a DNS hijacking attack today when users accessing the site were pointed to the wrong servers, exposing visitors to all sorts of attacks. The incident took place around 11:00 GMT when the site’s DNS information changed from CloudFlare […]
The Primary target of MarsJoke Ransomware is .EDU and .GOV Entities. Ransomware has become a multi-billion dollar industry and every week we come face-to-face with one type of ransomware scam or another. MarsJoke is the latest campaign to hit the governmental agencies and educational institutions and it is something that you need to know about. There […]
A hacker is selling hacked database of BitcoinTalk.org, a Bitcoin forum that was hacked in May 2015 but its database was leaked a couple of days ago. You may have heard of the phrase ”It’s raining cats and dogs” but in the world of cyber security, it’s raining data! Yes, a couple of hours ago HackRead […]
BTC-E Bitcoin Exchange and the popular forum BitcoinTalk has become victims of security breaches. The news was made public by the famous data breach notification site LeakedSource in which it was also revealed that the breaches occurred in 2014 and 2015. The news bit has come as a shock to many because it is a general […]
Secure payment system Bitcoin has many legitimate uses, but like other technologies, it’s also been beneficial to cybercriminals seeking new ways to extort money. Ransomware is booming. Be it Locky, CryptXXX or one of the countless other variants of the data-encrypting malware, cybercriminals are making hundreds of thousands of dollars every month off the back […]
Bitcoin traders have been warned that the upcoming Bitcoin Core software release will become a top target for well-funded hacking groups. Bitcoin.org has warned users to be aware that the upcoming release of Bitcoin Core is likely to be targeted by state-sponsored cyberattackers. The group which manages Bitcoin Core , the client used to keep the […]
Short Bytes: Named Linux.lady, a new trojan has been reported by Russian anti-virus firm Dr. Web. This malware attacks a poorly configured Redis server and turns it into a bitcoin miner for the attacker’s benefit. This trojan spreads on its own by infecting the other computers on the network. A new trojan has been discovered […]
With the threat of ransomware hanging over every company’s head, does it make sense for companies to stockpile a few bitcoins in the event of a ransomware attack? Yeah, yeah, I know the party line. You should never pay the ransomware developers as it only encourages them to continue. I am a realist, though, and sometimes […]
Bitfinex Bitcoin Exchange has suffered a massive data breach where $70 Million worth of Bitcoin have been stolen! Due to a damaging hack of Bitfinex, an online cryptocurrency exchange platform, $70 million worth of Bitcoin has been stolen. A note has been posted on Bitfinex’s website acknowledging the security breach. Although the notice doesn’t name a […]
Short Bytes: Bitfinex, one of the world’s largest Bitcoin exchanges, has confirmed that it was recently hacked. In this incident, hackers were able to steal 119,756 Bitcoins, i.e. up to $72 million in cash. Currently, Bitfinex is in the lockdown/investigation mode and plans to give the future updates on its status page. It looks like the troubles of […]
Bitcoin exchange platform Bitfinex is reporting the theft of what some users are saying is as much as 119,756btc — or about $65 million in cash. A Reddit user under the handle of ‘zanetackett’ is ‘confirming’ the loss at 119,756btc. A LinkedIn profile for a Zane Tackett has him working at Bitfinex as a Director […]
The computer of a Nascar race team was hacked by unknown culprits who locked up all the files and demanded ransom in bitcoin in order to unlock the system! One of the Nascar race teams witnessed their chief’s computer getting hacked with a ransomware malware locking up his files and demanding ransom in Bitcoin. Dave […]
Short Bytes: A new update to the Rule 41 of the Federal Rules of the Criminal Procedure has been proposed which will empower FBI to gain remote access to any device after obtaining a single search warrant authorized by any federal judge in the United States. The internet world for Bitcoiners using TOR is soon […]
For cryptocurrency enthusiasts seeking mainstream adoption, events like this are so unhelpful. Hackers appear to have made off with the equivalent of $2 million in digital currencies from Gatecoin, according to a notice posted on the exchange’s website. The Hong Kong-based firm admitted a security breach occurred between May 9 and 12 that allowed unauthorized access […]