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Ethereum is the second biggest cryptocurrency with a massive $10 billion market capitalization. It also means that Ethereum mining and transactions gobble up tons of energy. Well, things might change by the end of 2019. According to a report from IEEE Spectrum, Vitalik Buterin, the computer scientist who invented Ethereum, is planning a major overhaul. Buterin is […]
The world was surprised by stories grand success by people who became overnight millionaires due to riding technological innovations. The mainstream media picked-up the story of the Bitcoin and the bright future full of possibilities for the cryptocurrency. It was initially launched around 9 years ago, increased its value by leaps and bounds and did […]
This year we have seen an unprecedented rise in malware attacks against cryptocurrency wallets whereas cryptomining incidents have increased by 4,000%, reports McAfee. The latest attack on well-known Bitcoin wallet Electrum further proves that malware attacks on crypto wallets are indeed on a rise. According to reports, Electrum Bitcoin wallet has been attacked and hackers […]
In the year 2018, Cryptocoin mining malware has touched 4,000 percent. Maybe, that is one of the reason that we are seeing a decline in ransomware attacks. As reported in Zednet that according to McAfee’s threat report of December 2018, there were nearly four million new samples of coin miner malware in the third quarter, […]
Ethereum has for quite a while became a compelling alternative to Bitcoins. With a much lower price, easier to mine (as the hashes are not yet as complex as Bitcoin) and easier in system resources, it became very popular. However, the biggest problem with cryptocurrency, in general, is not the underlying technology for which it […]
A malicious code has infected Event-stream JavaScript library with the intention of stealing cryptocurrency from digital wallets. The popular JavaScript library is created to ease working with Node.js streaming modules, and is available via npmjs.com repository. The malicious code in the package caught the eye of researchers last week. Today, it has been revealed that […]
Event-stream Node.js module called is used in millions of web applications, including BitPay’s open-source bitcoin wallet, Copay. This module was reportedly compromised thanks to the laziness, and incompetence of the engineer. A hacker gained access to a popular JavaScript library and injected malicious code that steals Bitcoin and Bitcoin Cash funds stored in BitPay’s Copay wallet apps. The researcher identified this malicious […]
If you keep yourself updated with the latest happenings in the world of cryptocurrency, you must be aware of the fact that Bitcoin is currently facing one of the worst weekly losses since 2013. Currently, it’s trading below $4,000. In my view, it’s a perfect time to analyze if the current set of cryptocurrencies is […]
A new Mobile malware family called Rotexy, launched over 7000 attacks in wide within 3 months of the period from August to October 2018. It evolved from an SMS based spyware that was active in 2014. Rotexy malware evaluation was at a peak in 2014 & 2015 and it mainly using the phishing links in order […]
A 21-year old Manhattan resident has been accused of SIM-swapping the mobile number of Robert Ross, a Silicon Valley executive, and managed to steal $1 million. The accused, Nicholas Truglia, not only targeted Ross’s phone number with SIM-swapping attacks but many others too including 0Chain CEO Saswatu Basu, co-founder, and COO of SMX (Small & […]
As per a report from The New York Post, a 21-year-old con man from Manhattan was able to steal about $1 million in cryptocurrency with his SIM-swapping scheme. The young man, named Nicholas Truglia, performed these activities from his apartment. He targeted and robbed Robert Ross, a Silicon Valley executive, according to the officials. For those […]
If you’re a crypto enthusiast and adventurer with no plans for April 2019, perhaps you can merge your two passions and attend the first Blockchain and Cryptocurrency Conference to be held in North Korea. In a press release published on the official website of the country, the Korean friendship association announced that preparations are underway […]
Today, there are two tried and tested ways for cybercriminals to effectively earn a lot of income. The first one is what we are very familiar with, due to its strong possibility of causing the user to lose a massive amount of data — ransomware, while the second one is very new and operate covertly […]
Bad news again for Google Play Store, four more fake, malicious cryptocurrency apps have been identified this week. HackerCombat had reported, two days ago, of a Trojanized app with more than 5,000 installs being detected in the Google Play store. Now, four more fake apps have been discovered, and that too by the same security […]
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 […]
A new cryptocurrency mining malware bundled with rootkit components targets Linux machines to mine cryptocurrency and hides from monitoring tools. Security researchers from Trend Micro discovered the cryptocurrency mining malware’s dubbed KORKERDS affecting the Linux systems. Researchers believe the malware was distributed through some compromised plugins if the compromised plugin is installed and admin permissions […]
A Chinese school headmaster Lei Hua was caught mining cryptocurrency using the school’s electricity. As a result, he had to lose his job. It happened at Puman Middle School in Hunan province of China. Initially, teachers complained about the loud noise that continued day and night while an increase in the school’s electricity consumption was also reported […]
Eleven Turkish individuals have been arrested by Turkish police department for stealing cryptocurrency worth approx. $80,000 via Sim Swapping. Reportedly, the suspects tricked the phone providers into revealing the phone numbers of the victims and used the SIMs for performing 2FA authentication. The hacker group managed to steal from multiple crypto exchanges. It is reported […]
A cryptocurrency app, CoinTicker which is widely used in cryptocurrency industry pushing 2 different backdoors on Mac users to steal the cryptocurrency coins and other malicious activities. CoinTicker app actually appears as a legitimate application that helps to peoples who is willing to enter into cryptocurrency industries and make an investment. This is working in a […]
The North Korean government, as per a new report, has sponsored at least two cryptocurrency scams this year. Recorded Future, the cybersecurity firm headquartered in Boston, U.S, had recently published a report in which details about these scams are given. The report, titled ‘Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling […]
In the mobile computing and gadgets world, Android has been the whipping boy when it comes to the issue of security vulnerabilities and mobile malware penetration exploits. Many have lauded Apple, as its very nature of maintaining a walled garden produces a more secure environment for users downloading apps from a list of highly vetted […]