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Ethereum

Cybercriminals Weaponizing Legitimate Advanced Installer Tool in Crypto-Mining Attacks

A legitimate Windows tool used for creating software packages called Advanced Installer is being abused by threat actors to drop cryptocurrency-mining malware on infected machines since at least November 2021. “The attacker uses Advanced Installer to package other legitimate software installers, such as Adobe Illustrator, Autodesk 3ds Max, and SketchUp Pro, with malicious scripts and […]

BitMart Exchange hacked as hackers steal $150 million

BitMart Exchange has confirmed that the security breach involves one of its ETH hot wallets and one of BSC hot wallets. BitMart Exchange, a cryptocurrency trading platform has suffered a “large-scale” security breach in which hackers have stolen funds worth $150 million, the company said today on Twitter. With this breach, BitMart has added its […]

Malware hits Hive OS cryptomining users; steals funds from wallets

The malware is capable of replacing the victim’s wallet address with one provided by its author(s). With cryptocurrencies becoming popular in the last couple of years, more and more people have turned to cryptomining hoping to benefit from the boom. In fact, this even led to the price of gaming GPUs rising. On the other […]

UPbit cryptocurrency exchange hacked; Ether worth $50 million stolen

The popular South Korean cryptocurrency exchange UPbit has suffered a massive hack attack in which hackers have stolen 342,000 Ethereum (ETH) which at the time of publishing this article amounts to $51 million. The incident has ignited a series of reactions from industry bigwigs mainly blaming the company’s employees for the unfortunate incident. As noted […]

Cryptocurrency exchange platform Upbit was hacked; $50M USD robbed

Despite some of them have advanced security measures, cryptocurrency exchange platforms remain one of the hackers’ favorite targets. As reported by digital forensics specialists, Upbit, a South Korean-based crypto exchange platform, has been the victim of a cyberattack that led to the theft of 342k Ethereum units, equivalent to $48.5M USD at current exchange rate. […]

Sale: 30% discount on Bitcoin, Ethereum and Litecoin value

The cryptocurrency community has taken a hit that will be difficult to recover from. Information security specialists report that the cryptocurrency market is in crisis, as the price of Bitcoin has fallen more than 10% due to the little interest generated by the start of activities of Bakkt, the trading platform of virtual assets of […]

What Is Blockchain Technology? Blockchain For Beginners!!

Blockchain technology is an ever-growing digital list of data records. This list includes many data blocks that are organized chronologically and are linked and protected by cryptographic tests. The first prototype of the blockchain technology dates from the early 1990s when computer scientist Stuart Haber and physicist W. Scott Stornetta used cryptographic methods in a […]

What Is Ethereum?

In 2013, a document for Ethereum was written by Vitalik Buterin. This document describes an open distributed computing platform, accessible to the blockchain, which can execute smart contracts: applications that work exactly as planned, without any possibility of downtime, censorship, fraud or third-party interference. Ethereum allows developers to create and implement smart contracts, as well […]

What is 51% Attack? Is It Possible To Perform Or Not?

Before plunging into the 51% attack, it is very important to have a good knowledge of mining and blockchain based systems. One of the main strengths of Bitcoin and the underlying blockchain technology is the distributed nature of data collection and verification. The decentralized functioning of the nodes ensures compliance with the rules of the […]

What Is Smart Contract In Blockchain?

A smart contract is computer software developed as an auto-fulfillment contract, which means that it starts certain actions after the predefined conditions have been met. A Smart contract can be used, for example, as digital agreements that interfere with the exchange of cryptocurrencies (or any other digital resource) between two parties. As soon as the […]

Samsung Could Launch Its Own Ethereum-based Cryptocurrency

Samsung launched its S10 series with an in-built cryptocurrency wallet that allows users to store popular cryptocurrencies like bitcoin, Etherium, and Cosmo Coin. It became one of the first major smartphone manufacturers to add a digital currency wallet. Now, it seems that it was a part of a bigger plan as Samsung is reported to […]

Clipper malware on Play Store replaces users BTC & ETH wallet address

This is the first ever Clipper malware found on Play Store. Another day another Android malware on Google Play Store – This time the IT security researchers at ESET have discovered a malware known for replacing the content of clipboard on the targeted device. This type of malware is called Clipper malware. The malware was targeting Android […]

Cryptopia cryptocurrency exchange hacked; suffers “significant losses”

Cryptopia, a New Zealand based cryptocurrency exchange has undercome a cyber attack leading to “significant losses.” The incident took place on January 14 and upon detecting the attack Cryptopia was forced to halt services by taking their website and exchange offline. Initially, on its Twitter account, Cryptopia claimed that the website has been taken down for “unscheduled maintenance” and displayed a […]

Ethereum Classic Was Hit By Double Spend Attack Worth $1.1 Million

The popular Exchange Coinbase cryptocurrency has suspended all transactions of Ethereum Classic (ETC) – the original version of Ethereum’s unrelated network – on its trading platforms, other products and services after the discovery of a potential attack on the network. cryptocurrency allows someone to spend the same digital coins. twice. Why does this attack concern? […]

Ethereum Planning To Cut Its Energy Consumption by 99%

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 […]

L0rdix malware on dark web steals data, mines crypto & enslaves PCs as botnet

There’s a new hacking tool circulating in the underground Dark Web forums that let cybercriminals target Microsoft Windows computers. It has become the newest universal go-to tool to attack a Windows machine because it presents an utterly lethal combination of data stealing, cryptomining, and snooping capabilities. Discovered by Ben Hunter, a security researcher at ENSILO, […]

Manticore – Symbolic Execution Tool For Analysis Of Binaries And Smart Contracts

Manticore is a symbolic execution tool for analysis of binaries and smart contracts. Note: Beginning with version 0.2.0, Python 3.6+ is required. Features Input Generation: Manticore automatically generates inputs that trigger unique code paths Crash Discovery: Manticore discovers inputs that crash programs via memory safety violations Execution Tracing: Manticore records an instruction-level trace of execution […]

Headmaster caught mining cryptocurrency at school; gets fired

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 […]

Slither – Static Analyzer For Solidity

Slither is a Solidity static analysis framework written in Python 3. It runs a suite of vulnerability detectors, prints visual information about contract details, and provides an API to easily write custom analyses. Slither enables developers to find vulnerabilities, enhance their code comphrehension, and quickly prototype custom analyses. Features Detects vulnerable Solidity code with low […]

Hola VPN’s Chrome extension hacked to target MyEtherWallet users

Although the decentralized approach to handling cryptocurrency wallets has been lauded by users and crypto dealers alike but sometimes, it proves to be quite a risk to let users control their private keys – The same has happened, ironically, twice in the same year with MyEtherWallet, a third-party crypto wallet service that allows its users to […]