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Bitcoins

Ways To Manage Cybersecurity Threats Relating to Cryptocurrency

Cryptocurrency may be on the verge of taking over the world economy. It has drawn much attention from people around the world owing to its private and decentralized operation. Moreover, the niche holds tremendous potential for technological advancements. While it provides significant convenience to the world community, it also opens up new ways for larcenists […]

Man Who Sold Drugs On Dark Web Gets 10 Years In Jail

A California-based man who has been selling drugs on the Dark Web in exchange for Bitcoins has been sentenced to ten years in prison. The verdict, announced by United States District Judge James V. Selna, also includes a fine of $15,000 which has to be paid by Reeves. Tyler Reeves, who is 29, has been […]

The Tactic Cybercriminals Use to Steal Bitcoin

The Bitcoin’s price that soared to $20,000 due to the cryptocurrency craze may have come down, but the threat still lingers. Kaspersky Labs has come out with a detail report showcasing how some of the known malware of internet has evolved to target crytpocurrency users and services. The threats to cryptocurrency identified by Kaspersky researchers […]

South Korea’s Cryptocurrency Responsibility

The Blockchain technology is a proven secure system, but that doesn’t mean that engaging with cryptocurrency transaction is safe all the time. This is because of the inherent insecurity of cryptocurrency exchanges, private firms that are engaging in the business of buying and selling cryptocurrencies to real-world currencies, like the US Dollar and the Euro. […]

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 […]

Over 1.65 Million Users Infected By Cryptocurrency Malware Miners In 2017

Malware miners are in the raise starting from this year, attackers using various social engineering and more sophisticated attacks such as EternalBlue Which results in attackers getting cryptocurrency Malware, while their victim’s computer systems experience a dramatic slowdown due to the mining process. Over the last month alone, experts from Kaspersky labs have detected several […]

Bitcoin Price Climbs as high as Ever – History Created

Bitcoin Price Climbs as High as Ever reaches $2000 without precedent for history. The cash’s value ascended as much as 2.62% amid the session according to Coindesk’s BPI. The cost has shot up by 60 percent in the course of the most recent month and that has pulled in numerous Indians to this digital money. […]

A complete Lookback of Historical Wannacry Ransomware Cyber Attack

Wannacry (WannaCrypt,WanaCrypt0r 2.0,Wanna Decryptor), A Computer Malware family called Ransomware that actually target the Microsoft Windows Operating systems  SMB exploit leaked by the Shadow Broker that encrypting data and demanding ransom payments in the cryptocurrency bitcoin This Ransomware rule spreads by means of spam messages and malicious download links uniquely intended to lock the documents […]

Bitcoin Value Climbs more than $1000 in 2017

Bitcoin Value Climbs more than $1000 in 2017 for the first time in last three years. At 09:00, the BPI( Bitstamp Price Index) saw bitcoin reach $1006.32 before an expanded time of exchanging saw value surge to $1021.88 an hour later. What is Bitcoin and how it works Bitcoin is an advanced money that is […]

Bitcoin Mining malware infects Seagate Central NAS devices

Bitcoin (Cryptocurrency) Mining malware is back and it is much more full of vengeance than it was before. Research by security experts at Sophos suggests that countless Seagate Central NAS devices have been identified to be carrying the cryptocurrency mining malware. The malicious software has been dubbed as Miner-C. It has been learned that the […]

New Linux Malware Installs Bitcoin Mining Software on Infected Device

Beware of Linux.Lady malware- It Converts Linux-based PCs into Crypto-Currency Miners Security firms have been on a high alert since the beginning of 2016 because of the plethora of scam campaigns and malware emerging on the face of the Internet every now and then. This report is about another such malicious malware that has been […]

TrueCrypter Ransomware accepts payment in Bitcoins or Amazon Gift Card

Yesterday, a new ransomware called TrueCrypter was discovered by AVG malware analyst Jakub Kroustek.  This ransomware encrypts your data using AES-256 encryption and then demands either .2 bitcoins or $115 USD in Amazon gift cards. When encrypting your data, TrueCrypter will append the .enc extension to all encrypted files. It is unsure if the sample that we […]

Phishing Attack Causes Bitcoin Payment Processor BitPay to Lose $1.8M

BitPay the Atlanta-based Bitcoin payment processor had been hit by a massive phishing attack costing the company $1.8 million. Verified by the documents owned by the Atlanta Business Chronicle, in this massive con pulled by a hacker pretending to be BitPay CFO Bryan Krohn, sent fake emails from his account in December sanctioning the transfer […]

Hackers Steal $5 Million Worth of Bitcoin with A Simple Phishing Attack

Back in the month of January, one of the most popular bitcoin exchange namely BitStamp was hacked which resulted in the stealing of over 19,000 bitcoins, worth about $5 million during that time. BitStamp is a European bitcoin exchange company and is officially registered in the United Kingdom. Recently a new document has been surfaced […]

Silk Road Creator, Mastermind Ross Ulbricht sentenced to Life in Prison

Ross Ulbricht, 31, the accused brain and mastermind behind dark web marketplace Silk Road has been sentenced to life in prison on Friday. Ulbricht was sentenced in a New York City courtroom by United States District Court judge, Katherine Forrest where he was accused of running an illegal underground platform Silk Road and orchestrating a scheme that enabled more than $200 […]

Bitstamp Exchange Hacked; Website Offline, Bitcoin Worth $5M Stolen

A bad news for Bitcoin fans and supporters. Some unknown hackers have target one of the world’s largest Bitcoin exchange Bitstamp.net and, as a result, $5M worth of bitcoin have been stolen. The United Kingdom and Slovenia-based Bitstamp exchange has taken their website offline in order to secure the remaining Bitcoin and making sure the hackers can not access […]