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Transactions were being duplicated in a malleability attack.A Russian man that calls himself “Alister Maclin” has been disrupting the Bitcoin network for over a week, creating duplicate transactions, and annoying users. The attack was first noticed by Coinkite, a high-tech Bitcoin platform, and was eventuallyclaimed by Maclin on one of the Bitcoin forums. According to […]
It’s time to Pull your Money Out of the Banks- Suggests the Online Hacktivist Group — Anonymous Takes Hacktivism to Another Level. The online hacktivist group Anonymous known for targeting government servers has now shifted its focus on the financial and banking sectors. Using its conventional approach, the group announced the launching of its latest campaign […]
After two weeks of sharp, last minute changes in the Bitcoin price, the markets caught a break this week, with the price remaining fairly stable throughout. Thus, it seems as if the speculators have finally settled down. This, combined with this week’s relatively slow news week, explains the sideways action that persisted throughout the week. […]
Ransomware has emerged as major threat to consumers and businesses in recent years, and law enforcement agencies and security researchers have taken note. Authorities last year disrupted the Cryptolocker ransomware operation and now Dutch police have arrested two young men they believe are involved in the CoinVault ransomware. The arrests came Monday in the Netherlands […]
JP Morgan Chase, Credit Suisse, RBS, and Barclays among banks backing effort. The banks of the world are taking a page from cryptocurrency. Nine of the world’s biggest financial institutions have partnered with FinTech company R3 to develop distributed ledger technologies—the same technologies that underpin Bitcoin’s block chain. “Our bank partners recognize the promise of distributed ledger […]
A group of hackers that goes under the name of DD4BC, first spotted in September 2014, has recently intensified its activity, launching over 141 DDOS attacks in the past year. The group, identified and analyzed by Akamai’s Prolexic Security Engineering and Response Team (PLXsert), has been very busy in the past few months, launching numerous […]
Earlier today, a former United States secret service agent pleaded guilty for the theft of over $820,000 worth of digital currency, Bitcoin, during the federal investigation of an online marketplace, Silk Road, which was being used to facilitate the sale and purchase of illegal drugs as well as other illicit goods. According to the Department […]
An online gaming/gambling site lost $1 million in bitcoin to an attacker who exploited its random number generation (RNG) system. A leading and apparently the biggest online gambling website Primedice Bitcoin has suffered $1 million loss after one of its members (players) discovered a way to game the system. The user disguised himself as “Hufflepuff” […]
Reportedly BitFinex was hacked but due to strict security measures implementation just minimal amount was lost. BitFinex keeps more than 99.5% of deposits from its customers in highly secure multisig wallets therefore just 0.5% loss was suffered by the Exchange. BitFinex basically is digital currency trading forum that is currently said to be in its […]
Paedophiles reportedly have been trading child sexual abuse images for bitcoin, revealed the Internet Watch Foundation/IWF in its annual report for 2014. The group has been tasked with addressing the problem of child sexual abuse images online and the team identified that the “most prolific commercial” child abuse sites had started accepting digital currency for […]
Kristopher Ives, a computer programmer from Oregon, USA believes that a Bitcoin donation of $0.33 to pay the legal fees for famous NSA whistle-blower Edward Snowden is enough to land him in jail. According to Ives, the donation he made violates an executive order from President Obama, which prohibits the transfer of funds to individuals […]
uTorrent is secretly installing Epic Scale Bitcoin Mining Software on users’ computer to get some bucks – They claim it’s a distributed computing platform, but that’s not true. When you hear the word uTorrent it should remind you of piracy, downloading movies, music or books, but today the popular BitTorrent client uTorrent is in the news for some other reason and […]
uTorrent is one of the most popular torrent clients out there and a new update in the software has brought some unwanted package along with itself. Along with the new update, your PC may be running a Bitcoin miner as a background process without letting you know. This new upgraded version is 3.4.2 build 28913. […]
While you were celebrating valentines day, the hackers were busy doing what they are good at. Yes, on 14th Feb, 2015, a China-based Bitcoin exchange Bter (bter.com) came under massive breach in which $1.75 million worth of Bitcoin was stolen. Though the company is not revealing much information about the breach other than accepting that hackers […]
Bitcoin news website CoinFire and its Twitter account were under attack recently, according to the company’s executive editor. The editor, Mike, confirmed two days ago on Reddit that their domain was stolen and they were trying to get it back. “Well, looks like the XPY supporters got what they wanted. They logged in to our […]
An emotional appeal posted on the dark market’s official forum clearly stated that “We have been hacked” and nearly $2.4 to $2.7 million of Bitcoins have been disappeared. Bitcoin is often referred to as the digital currency or the cryptocurrency and is explained clearly here. The Defcon note reads: I must utter words all too […]
A group of hackers going with the handle of “The Hole Seekers” have hacked and defaced a famous Bitcoin discussion forum on Wednesday. Forum administrators were quick to restore the website before it was taking offline but it seems as if the damage has already been done as the group is selling 150,000 user emails […]
FreedomWeb is a renowned Irish concern which provides web hosting services for the purpose of Tor hidden services which reached via the Tor encrypted or anonymised network has been shut down. The reason behind the shutdown of the network is that the owner of this company Eric Eoin Marques has been arrested because of allegations of […]