By CCN Markets: Japanese crypto exchange Coincheck was dealt a significant blow in January 2018, losing $ 530 million worth of New Economy Movement (NEM) tokens to an unknown group of hackers. It is widely believed that North Korean hackers were behind the biggest crypto exchange theft ever. But Japanese newspaper Asahi Shimbun reports that Russian hackers were the ones who orchestrated the attack. Russian breadcrumbs in the Coincheck crypto exchange hack The Japanese newspaper says that the examination of a Coincheck employee’s personal computer revealed a malware associated with Russian hackers. The hack was a result of the crypto exchange’s
North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit.
News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information. The hackers sent out an email claiming that Upbit users needed to submit more information to become eligible for a prize drawing.
When users opened up the email reportedly containing information about a phony sweepstakes and its payout, malware would activate, giving the hackers access to user information and control of their devices for later access.
Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2011. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders continue to leave vast quantities of funds on centralized trading platforms.
The website of Dublin’s light rail system, Luas, has gone down after it was hacked, the Irish Examiner has reported. Consequently, visitors to the website, which has been offline for more than three hours now, are being greeted with a message that the hacker(s) posted citing their demands. The unidentified hackers are demanding to be … Continued
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Hackers have devised a new way to steal your cryptocurrencies. This time, they are running a massive scanning campaign to pick out Ethereum wallets and miners with a specific vulnerability. Per reports on ZDNet, crypto hackers are targeting Etherum wallet and mining equipment going through devices with an exposed port 8545, the standard port for
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Faced with depleted reserves and having been hit with sanctions aimed at its illegal nuclear weapons program, North Korean hackers have a new strategy for growing the country’s cash reserves — steal crypto holdings from individual investors. According to a report from the South China Morning Post (SCMP), the option to target individuals who hold cryptocurrencies
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A popular cryptocurrency exchange is the victim of the latest string of hacks who compromised a widely used web analytics platform earlier in the week.
According to a recent report from the internet security firm ESET, an Irish based web analytics site StatCounter was hacked in an attempt to steal Bitcoin from customers of the Gate.io cryptocurrency exchange.
Data from CoinMarketCap shows that Gate.io is the 38th biggest crypto exchange around the world by trading volume and according to the companies website they are based in the Cayman Islands.
Statcounter is one of the oldest third-party user tracking services on the web, having existed since 1999. Beginning as a simple statistics and visitor counting service, Statcounter over time grew into what it is today: a full-fledged, enterprise-quality analytics service. Gate.io, a more recent entrant in the bitcoin exchange space, used Statcounter to track user
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Several hackers have been using compromised verified Twitter accounts in order to promote a fake Bitcoin giveaway by Elon Musk.
Be aware that this is a scam and you should not by any means send Bitcoin to an address that claims to be owned by Elon Musk.
The tweets have been saying that Tesla Founder is giving away 10,000 Bitcoins to the community and all you have to do is send Musk between 0.1 to 2 Bitcoins to confirm your account.
A recent report by cybersecurity company found that over the past two years cryptocurrency exchanges have lost $ 882 million to hackers. The report also warns that the trend is likely to increase in the future as hackers direct more of their attention to exchanges.
$ 1.3 Million Lost Every Day
Moscow-based cybersecurity company Group-IB has released a report on the hacker attacks against cryptocurrency exchanges in the last two years, indicating that $ 882 million have been lost in damages. If we break this down to a daily average, we’ll see that over $ 1.3 million are lost to hackers every day.
It has been discovered that fake Adobe Flash updates are being used to surreptitiously install cryptocurrency mining malware on computers and networks, creating severe losses in time, system performance, and power consumption for affected users. Cryptojacking Breaks New Ground While fake Flash updates that push malware have traditionally been easy to spot and avoid, a
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Google has announced a number of upcoming changes concerning the development of new extensions for Chrome. Users of the web browser will soon benefit from improved security and better protection against malware including hidden miners and tools used to steal cryptocurrency.
Google Introduces Changes to Make Chrome Extensions Safer
Recognizing how important it is for users to be able to trust that the extensions they install are not only performing well but also safe and preserving their privacy, Google has recently taken steps to improve the detection of malicious add-ons to its popular browser using machine learning techniques. Now the company has announced new changes intended to make all Chrome extensions trustworthy by default which means, among other things, successfully preventing cryptojacking and hidden mining.
Hackers were able to steal nearly $ 58,000 worth of cryptocurrency from the Newdex exchange by exploiting a vulnerability in the exchange, according to TheNextWeb. The hackers flooded the Newdex exchange with fake EOS tokens they created themselves to buy ADD, BLACK and IQ tokens from the centralized platform. Newdex acknowledged that an EOS account issued 1
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Yiliang “Doublelift” Peng, a professional gamer known for his League of Legends skill, has allegedly been robbed of $ 200,000 in cryptocurrency by hackers who staged a sim swap to gain access to Peng’s Coinbase account. According to a video posted by Peng last week, the hacker was able to pull off the fraud by first […]
In the Ontario province of Canada, holds the town of Midland which has a population of more than 16,000 people and has recently had its computer systems hacked and infected with ransom malware.
The town of Midland has come to conclusion that they are going to meet the hackers wants and pay them (as per their demands) in Bitcoin, in order to get the computer system up and running again.
The attack on the towns computer systems left the town with ineffective computers for around 48 hours which ruined the processing of payments, issuance of permits, email services, marriage applications and reloading of transit cards.
A business magnate’s Twitter account got hacked and started promising free Bitcoin and Ethereum to its 22.5 million followers. Elon Musk, CEO & co-founder of Tesla, became the victim of growing hacking incidents on Twitter – for the second time. As the tycoon got busy posting philosophical tweets, his impersonator with a verified Twitter account
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By hacking into fleets of vehicles, cardiac devices, and baby heartbeat monitors, we thought IoT hackers had already hit a new low. Beyond manipulating our data or draining our bank accounts, hackers can cause irreversible damage to our health. So, perhaps it shouldn’t come as a surprise that the next IoT hack on the horizon could be something even more serious.
By 2025, approximately 8 billion devices will be connected to the internet. That’s 8 billion possibilities for cybercriminals that, so far, have proven IoT breaches akin to stealing candy from a baby. When you also consider that by that same year, two-thirds of the world will have limited or scarce access to water, it becomes a powerful resource to control.
Chinese police have reportedly arrested three suspected hacked alleged to have stolen bitcoins and other cryptocurrencies worth $ 87 million. According to a report in Xinhua, China’s state-owned press agency, police in the city of Xi’an in northern China first began investigating a complaint by a victim who alleged hackers had compromised his computer to steal
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In Friday’s edition of The Daily, Twitter has taken measures against crypto scammers imitating the profile of Tesla’s CEO Elon Musk and a Dutch court has sentenced the operators of the Coinvault ransomware. Also, crypto has been labeled as ‘junk’ by Mastercard CEO Ajay Banga, and Wirex has reported $ 2 million worth of XRP deposited to its crypto debit card after announcing support for ripple.
More than $ 1.1 billion worth of digital currency has been stolen in the first six months of 2018, according to a report by cybersecurity firm Carbon Black. The report unearthed a thriving dark web ecosystem related to the theft of cryptos in large quantities. Even more worrisome is how easy it is for malicious parties to acquire the necessary malware for illicit activities, with malware costing as little as $ 1 on some marketplaces. While it had been suspected previously that crypto theft was being carried out by well-funded criminal gangs, the report revealed that with the ease of acquiring the necessary malware, it could be done by just about anyone with a computer and access to the dark web.