Browsing tag

cryptocurrency

Authorities search & seize properties of GTA V’s “Infamous” cheat developers

Cheat developers are constantly under the radar of Take-Two Interactive and Rockstar Games. Both companies have previously taken legal action against cheat developers for protecting their games including the very popular Grand Theft Auto V (GTA V). Last month, they launched an operation against Australian developers, who had released a well-known mod-menu cheat for GTA […]

400% increase in cryptomining malware attacks against iPhones

It wouldn’t be wrong to state that Apple has become the apple of the eyes of cryptomining enthusiasts and cybercriminals. According to Check Point’s latest Global Threat Index, the company is being targeted more frequently in cryptomining malware attacks. The report discloses some startling new facts about the sudden rise in cryptomining malware attacks against […]

Fake Flash Updates pushing Malware to Inject XMRig Cryptocurrency Miners

Newly discovered fake flash updates malware pushing XMRing Cryptocurrency miners along with borrowing the original Adobe installer flash updater notification. Recent campaigns are pushing various malware via fake Flash updates that drop and install cryptocurrency miners and other threats such as information stealers, or ransomware. In this campaign not only install the crypto mining malware but […]

Fake Adobe updates installing cryptomining malware while updating Flash

The IT security researchers at Palo Alto Networks has identified that a fake Flash updater is circulating the web and fooling computer users by sneakily installing cryptocurrency mining bot XMRig. In the past few months, researchers have identified 113 fake updaters installing cryptomining malware on targeted devices. The notorious updater is actively attacking computers since August […]

Shocking: Hackers using Googlebots in cryptomining malware attacks

Hackers are abusing Googlebot servers to deliver malicious payloads. Last year, HackRead exclusively reported on how hackers were using Google Adwords and Google Sites to spread malware. Then came another shocking research from Cisco Talos exposing how hackers exploited Google Search Results to distribute Zeus Panda banking trojan. Now, researchers at F5 identified a strange and infrequent behavior […]

Hacker steals over $30k USD in cryptocurrency of SpankChain

Users and developers suffered the consequences of the theft SpankChain, a smart contract cryptocurrency specially focused on the adult entertainment industry, suffered a robbery of Ethereum for up to $38k USD due to an error in its smart contract payment system, as reported by specialists in cybersecurity and digital forensics from the International Institute of Cyber Security. SpankChain is an Ethereum-based smart […]

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. […]

Hackers exploit Bitcoin bug to print 235 million Pigeoncoins

It has been confirmed by the Pigeoncoin developers that a recently discovered bug in Bitcoin’s code has now been exploited to print approx. 235m Pigeoncoins ($15,458). It must be noted that Pigeoncoin is a newly launched and somewhat lesser known digital currency. The reason the extraordinary feat was successfully pulled off by the hacker(s) is […]

$60 Billion Worth of Cryptocurrency Stolen in the Zaif Cyberheist

Japanese cryptocurrency exchange, Zaif is hacked to the tune of 6.7 billion yen or $60 million dollars worth of crypto coins by cybercriminals. The heist incident happened between 5 pm to 7 pm on September 14, 2018, the two-hour window was enough time to establish transfers. Zaif was only able to detect the infiltration after […]

Hackers steal $60 million from Japan’s Zaif cryptocurrency exchange

Zaif is the 35th largest cryptocurrency exchange by turnover. Hackers have stolen a whopping $60 million (6.7 billion yen) worth of cryptocurrency from Zaif, the 35th largest cryptocurrency exchange dealing in Bitcoin, Bitcoin Cash, and Monacoin. The exchange is owned by Tech Bureau, Corp. based in Nishi-Ku, Osaka, Japan. The hack attack took place on September 14th after hackers gained […]

DDoS Vulnerability Can Disrupt The Whole Bitcoin Infrastructure

It seems like digital currencies like Bitcoin will never stay out of trouble. And any day could turn out to be the last day for digital money infrastructures. Here, we are talking about the Distributed Denial-of-Service (DDoS) attack. While developers are issuing the patch for anyone running nodes and appeal to update the software, Bitcoin miners don’t […]

Evil Clone Attack – Hackers Injecting Crypto-mining Malware into Legitimate PDF Software

Cybercriminals using a new type of attack called Evil clone to inject Cryptocurrency malware into legitimate PDF software to Mine cryptocurrency with the help of CoinHive miner. Cryptocurrency malware is dramatically increasing this year to compromise various victims and an attacker generates huge revenue by illegally running miner using victims system resource. Attackers abusing legitimate […]

Token securities: The new alternative in the cryptocurrency market

Alternatives to make the cryptocurrency market more attractive to institutional investments The cryptocurrency market and the Initial Coin Offerings (ICO) have become a grey area for U.S. authorities’ regulatory efforts. For example, utility tokens (user-owned tokens that are not created as investment vehicles and allegedly exempt from federal laws that govern values) are the main tokens circulating […]

Cash to Crypto Exchange Is Flourishing In Moscow 

Long back a farmer Mikhail Shlyapnikov was once narrating his experience about virtual cash and how it enabled him to raise nearly $2 million in two months. The currency, the kolion, is named after the Moscow area town of Kolionovo, where Shlyapnikov lives. Amid its April launch, investors from around the world purchased $500,000 worth of […]

MEGA Chrome extension hacked with cryptocurrency malware

Cloud storage solution MEGA delivered Monero cryptocurrency malware. 21st-century technologies like blockchain are regarded as groundbreaking inventions. However, the security aspect of the new age digital systems has always been criticized for being lackluster and flawed. This concern is reinforced frequently as digital technologies are successfully compromised quite often. According to the latest reports, file-sharing cloud […]

Bittrex Cryptocurrency Exchange Delist the Bitcoin Gold After They Declined to Pay 12,372 BTG for Cyber Attack

Worlds thirteenth largest cryptocurrency exchange Bittrex has decided to delist the Bitcoin Gold(BTG) from this blockchain after they Bitcoin Gold declined to pay 12,372 BTG. Bitcoin Gold is one the leading cryptocurrency with $374,203,766 USD market cap (50,768 BTC) and its holding rank 29. May 19th, Malicious hackers attempting a largest double-spend attack on Bittrex and few cryptocurrency exchanges and stolen the Bitcoin Gold, using rented power from […]

Cryptomining scripts will be blocked in upcoming versions of Firefox browser

In all the future versions of the Firefox web browser, cryptojacking malware will be blocked. Mozilla, the company behind Firefox browser, announced on August 30 that it is launching an anti-tracking initiative, which will be implemented broadly over the next few months. Firefox has cited the study from Ghostery, a browser extension that about 55.4% […]

John McAfee backed Bitfi wallet pwned again

The presumably unhackable Bitfi wallet backed by John McAfee has released a statement announcing that the unhackable tag will be removed from their marketing materials. The step comes after the device’s security was compromised by a Twitter user under the name @spudowiar. The associated bounty program has also been suspended. However, the company has launched […]

Data breach in cryptocurrency investment platform

Information of 261K users has been exposed Atlas Quantum Sunday, a cryptocurrency investment platform announced that it has been the victim of a data breach that exposed the personal information of nearly 261K customers. According to cyber security organization experts, this platform allows users to purchase and sell Bitcoin on several other cryptocurrency trading platforms and provides […]