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Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access Funds
A bitcoin exchange in Brazil is being sued for retaining funds against request, citing ongoing attacks against the exchange since May as root of issue
дальше »2019-6-19 23:37 | |
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Sidechains vs Plasma vs Sharding
Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions. дальше »
2019-6-14 04:03 | |
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Crypto Platform Says It Aims to Solve Bitcoin Scalability Issue
A crypto project is trying to solve bitcoin scalability issues by increasing the block size limit. The new platform enables a higher speed of transactions per second and secures the blockchain from attacks #SPONSORED дальше »
2019-6-11 15:02 | |
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Ripple’s David Schwartz Attacks Bitcoin And Defends XRP From Negative Comments
Schwartz Answers Back To Max Keiser David Schwartz, the Chief Technology Officer (CTO) of Ripple, has defended XRP from negative comments that it receives from the community. In a recent article released by Yahoo, the author quoted the Bitcoin supporter Max Keiser saying that XRP should be worried about the upcoming launch of Facebook’s GlobalCoin. […] дальше »
2019-6-9 22:59 | |
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Funds Belonging to Controversial Brazilian Crypto Firm Grupo Bitcoin Banco Frozen by Local Court
GBB recently fell victim to a hacking scandal that saw the firm lose nearly $13 million via double spend-type attacks. As part of GBBs recovery efforts, the company has closed down a total of 2,568 suspicious accounts. дальше »
2019-6-6 17:10 | |
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Bitcoin Cash’s [BCH] Roger Ver attacks Lightning Network; claims tech uses custodial ‘non-wallets’
The BCH community’s hostility towards Bitcoin core’s scalability and the solution for the same, the much-hyped Lightning Network, is no secret. Many prominent enthusiasts of Bitcoin Cash have criticized the technology previously. дальше »
2019-6-5 06:30 | |
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Bitcoin [BTC]: Peter Schiff attacks cryptocurrencies as Gold steals the limelight again
The world of digital assets has seen a shift in terms of sentiment as well as value, with many users getting on the crypto-bandwagon, while the market recovers from its crushing bear run. Bitcoin [BTC], the world’s largest cryptocurrency and the rest of the market, has been consistently belittled by various industries over the years. дальше »
2019-6-4 20:00 | |
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Victims of Crypto Crimes Demand $10 Billion Compensation from the EU
Victims of cryptocurrency frauds and scams from over 30 countries have filed a joint lawsuit under Dr. Jonathan Levy of Berlad Graham LLP. The cumulative loss for all parties amounts to $16. 8 million, yet the primary claim is a $10 billion compensation fund for victims of such attacks, as reported by Micky, June 4, 2019. дальше »
2019-6-4 13:00 | |
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European authorities swoop on bitcoin mixing service
Dutch authorities have seized the servers and domain of Bestmixer.io, one of the most popular cryptocurrency mixing services. Bitmixer is accused of money laundering and ‘dusting attacks’, where tiny amounts of cryptocurrency are sent to thousands of wallets without recipient consent. дальше »
2019-6-1 22:00 | |
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What the Rise of Quantum Computing Spells for Cryptocurrencies
The effects of quantum computing on cryptocurrencies is bound to have a huge effect on network security. With the exponential increase in computing capabilities, the efficacy of brute force attacks massively increases. дальше »
2019-5-29 21:00 | |
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New Update Will Make Dash Immune To 51 Percent Attacks
Hackers are still one of the biggest threats to Proof-of-Work networks. In the past year, digital thieves have used rented hash power to stage successful attacks on Vertcoin, Verge , Bitcoin Gold, Ethereum Classic, and several other cryptocurrencies, most of which have never recovered. дальше »
2019-5-24 02:01 | |
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As SIM Swap Attacks Amplify, Companies Recommend against Using SMS as 2FA
Phone hijacking, also known as SIM swapping, is considered a major threat to digital asset holders. Many cases were registered of phone numbers being ported by the hijackers to gain access to one time passwords and validate transactions or change account passwords. дальше »
2019-5-22 19:00 | |
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Amazon granted patent for Bitcoin-style system to fight DDoS attacks
Cryptocurrency rumor mongers are likely to be dancing today as Amazon has successfully filed a patent for a Bitcoin-styled Proof-of-Work system. But don’t get ahead of yourself, it doesn’t look like the Seattle-based ecommerce giant will be accepting Bitcoin for payments. дальше »
2019-5-17 14:58 | |
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Amazon Crypto Patent Ignites Desperate Rumors of Bitcoin Integration
By CCN: For whatever reason, people believe that Amazon’s acceptance of Bitcoin or lack thereof will be a significant milestone for cryptocurrency. The company has never accepted it, which has given rise to several business models, including Purse. дальше »
2019-5-17 08:48 | |
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Amazon Files Proof-Of-Work Patent Using Cryptography
Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to verify the content of large data structures. дальше »
2019-5-16 20:00 | |
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Bitcoin [BTC] is easier to be made quantum-secure than Monero, says Blockstream researcher
The cryptocurrency community has been quite vocal about potential attacks by quantum computers in the future. According to many theories, quantum computing will become so powerful that it might eventually break and decode modern-day encrypted algorithm. дальше »
2019-5-15 21:30 | |
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Irish Hacker and Cohort could be Sentenced for Stealing $2.4 Million Worth of Cryptocurrencies
A group of six hackers by the name “The Community” are to be sentenced to more than 20 years each in prison for stealing more than $2. 4 million worth of cryptocurrencies using multiple SIM swap attacks, Independent IE reported May 13, 2019. дальше »
2019-5-14 05:00 | |
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Despite Attacks of All Shapes and Sizes From All Sides, Bitcoin (BTC) Is Very Much Alive And Kicking
It looks like Bitcoin will continue to defy all odds for a long time. Despite the constant attacks of its critics, which often call it a scam or worse, the crypto world is more bullish than ever now. дальше »
2019-5-11 03:17 | |
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Google Research, Universities Release ‘Tracking Ransomware End-To-End’ Bitcoin Attacks Report
Google Research Shows Ransomware Criminals Cash Out $16 Million From Bitcoin Exchange According to a recently released report and research conducted by Google and leading US universities, $16 million were cashed out by criminals from the defunct Bitcoin exchange BTC-e. дальше »
2019-5-9 22:31 | |
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Ransomware Crooks Cashed Out $16 Million from Defunct Bitcoin Exchange: Google Research
By CCN: In the two years leading up to 2018, a spate of ransomware attacks were analyzed in a report by a team of researchers hailing mostly from leading U. S. universities and Google. Results showed a conservative estimate of total funds stolen to be $16 million, with bitcoin providing a way for malicious actors to take payment from anywhere in the world. дальше »
2019-5-9 11:50 | |
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Mysterious Chinese Hacker Group on Supply Chain Hijacking Spree
While cyber attacks link cryptojacking and fingerprinting have become known to the masses, software supply chain attacks are also fast gaining momentum. In the latest, Barium, the mysterious Chinese-speaking cyberpunks orchestrating such attacks are advancing with each passing day, according to a Wired report on May 3, 2019. дальше »
2019-5-6 21:00 | |
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Bitcoin surges by +400%, hits $30,000 on Coin Stats, causing people to ‘spill drinks’ and have ‘mini heart attacks’
People around the world have become millionaires overnight due to the sudden surge in Bitcoin’s price; this recent incident caused a lot of people to have that same feeling although it was ephemeral and not true. дальше »
2019-5-5 08:15 | |
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Hacker Breaks in To Multiple Open-Source Platforms, Demanding Bitcoin Ransom for Return of Data
GitHub, Bitbucket, and GitLab speak on recent attacks on user repositories. Hacker has yet to fill crypto wallet with demanded random payments. GitHub is a platform for open-source codes that many developers use to test out protocols and adapt to their own uses. дальше »
2019-5-4 16:28 | |
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Breaking: ISIS Used Bitcoin to Fund Horrific Sri Lanka Easter Bombings, Research Claims
By CCN. com: Bitcoin played a role in staging the Easter Sunday suicide bombing in Sri Lanka that killed 253 civilians, according to Israeli blockchain intelligence firm Whitestream. The agency revealed that the ISIS used Canada-based payment gateway CoinPayments to convert bitcoins to fiat money. дальше »
2019-5-2 11:02 | |
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Report: DDoS Malware Attacks on Electrum Affects 152,000 Hosts
A report from Malware Bytes Labs, April 29, 2019, reveals the long-standing malware issue in the Electrum wallet has reached 152,000 hosts. Users were asked to update their wallets after which they were infected with a bug. дальше »
2019-5-1 13:00 | |
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Slack Discloses in SEC Filings That it’s a Target for Malicious Attacks
Ahead of one of the most anticipated initial public offerings (IPOs) of 2019, Slack Technologies Inc. in its filings with the US Securities and Exchange Commission (SEC), warned investors that it’s a prime target for nation-scale hacking groups. дальше »
2019-4-30 20:00 | |
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Bitcoin (BTC) Bulls Firm Even if BitFinex May Refute NY AG Fraud Claims
Bitcoin price successfully recover Apr-25 losses BitFinex says they are good players in the digital space and would protect their clients from NY OAG attacks Despite Apr-25 blip, BitFinex commitment is unwavering. дальше »
2019-4-28 21:00 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Credit Card Malware Hackers Attack Atlanta Hawks Online Store
There are all sorts of companies and organizations that suffer data breaches and cyber attacks all over the world, including some of the most powerful and influential corporations in the world. It appears as though the latest victim is none other than the online store of the professional American basketball team the Atlanta Hawks, whichRead MoreRead More. дальше »
2019-4-25 09:00 | |
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Five most prolific 51% attacks in crypto: Verge, Ethereum Classic, Bitcoin Gold, Feathercoin, Vertcoin
51% attacks are a cryptocurrency’s worst nightmare. These attacks destroy confidence in a project and emphasize the need for carefully designed proof-of-work consensus. Below is a list of the five most prolific 51% attacks in crypto. дальше »
2019-4-24 12:50 | |
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Bitcoin Hackers Take Tactics to a New Level, Threatening Sextortion for Crypto Payments
Hackers in the cryptocurrency world are willing to go to great lengths to get their funds, especially when hidden attacks are not their preference. There have been many ransomware attacks, but recent actions against a small Kansas town are taking a much more personal approach. дальше »
2019-4-24 02:31 | |
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Report: Ransom Amounts Following Cyberattacks Rose by 90% in Q1 of 2019
A report published by Coveware, a company that assists ransomware victims in facilitating cryptocurrency ransom payments, claims that ransom amounts requested following cyber attacks increased by 90% in Q1 of 2019 as compared to Q4 of 2018. дальше »
2019-4-23 13:09 | |
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Microsoft Security Expert says Cyber Criminals now Targeting Korea
Microsoft Korea has urged individuals and businesses in the region to adequately protect their computers and other devices against new cyber attacks such as supply chain compromises, cryptojacking, and phishing attacks, by regularly backing up their data on cloud platforms and keeping security software as well as operating systems up to date, reports The KoreaRead MoreRead More. дальше »
2019-4-23 11:00 | |
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BitMEX Research Informs Bitcoin SV Is Not Reliable For Payments Due to Security Issues
Bitcoin SV (BSV) seems to be affected by block reorganization attacks. The digital currency backed by Craig Wright has some issues with is security. According to BitMEX Research, on April 18, their Bitcoin Cash SV node experienced 2 block re-organizations. дальше »
2019-4-21 19:04 | |
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PayPal Wins Patent for Ransomware Detection Solution
Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency. дальше »
2019-4-19 21:17 | |
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Report: Cryptocurrency ransomware payments up 90%, thanks to Ryuk
Ransomware attacks are still doing the rounds and one in particular appears to be gaining pace. Cryptocurrency payments made to ransomware attackers increased nearly 90 percent in Q1 2019 over the previous quarter, according to ransomware support firm Coveware’s latest report. дальше »
2019-4-18 16:00 | |
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The Average Bitcoin Ransomware Payment has Risen to $12,762
In the cryptocurrency world, it would appear most of the discussions pertaining to ransomware have quieted down. Not because the industry is no longer lucrative, but simply because such attacks have seemingly become so common it isn’t necessarily newsworthy anymore. дальше »
2019-4-18 11:08 | |
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TokenPay Sues Prominent Bitcoin Trader Tone Vays For Libel And Defamation
Bitcoin Enthusiast Tone Vays Is Sued For Libel And Defamation An important figure in the Bitcoin world, Tone Vays, has recently received a letter of cease and desist from a legal firm hired by TokenPay because of his “defamation attacks” against the company. дальше »
2019-4-17 21:41 | |
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Bitcoin enthusiast Tone Vays gets sued for defamation and libel, but not by Craig Wright!
Tone Vays, a prominent Bitcoin enthusiast and a trader, received a Cease and Desist letter from TokenPay’s legal firm for “defamation attacks against TokenPay”. Lawsuits have become the new norm in the crypto-sphere. дальше »
2019-4-17 13:00 | |
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Electrum Wallet Users Should Beware The Phishermen
Researchers at Malwarebytes break down the phishing attacks on the Electrum bitcoin wallet. The cybersecurity firm outlines the two methods used to carry out phishing attacks, where the stolen crypto seems to be going, and how investors can protect themselves from future attacks. дальше »
2019-4-18 00:42 | |
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Malwarebytes Labs Report: Electrum Wallet Bitcoin Phishing Attacks Account for $4 Million in Theft
The cryptocurrency market has had their share of scams through the years, with hackers attacking at every single weak point they can find. Hackers have plagued this nascent industry frequently, and a recent report from Malwarebytes Labs says that one of the recent groups of victims is that of the users of the Electrum Bitcoin […] дальше »
2019-4-17 23:56 | |
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Behind the scenes: Electrum hackers steal $4M with Bitcoin phishing attacks
Electrum Bitcoin wallet users have lost 771 BTC (approximately $4 million) since late December 2018, in an ongoing series of targeted phishing attacks. According to research released by Malwarebytes Labs, fraudsters were able to trick unsuspecting users into downloading a malicious version of the wallet by exploiting a weakness in the software. дальше »
2019-4-16 18:02 | |
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Breaking: Leading Crypto Exchange Binance Delists Bitcoin SV, Price Tanks 9%
By CCN. com: Binance CEO Changpeng “CZ” Zhao has followed through with his threat, announcing that the exchange will delist Bitcoin SV. It’s a blow to Craig Wright and a reflection of the animosity that has been building against the controversial creator of the cryptocurrency. дальше »
2019-4-15 18:18 | |
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The U.S. Department of Energy Using DLT to Protect Electric Grids
In a bid to safeguard modern electric grids from cyber attacks, the United States Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) has announced Phase II of its blockchain-based electric grid security project in collaboration with Taekion, a distributed ledger technology (DLT) and cybersecurity platform, according to a press release on April 10, 2019. дальше »
2019-4-12 01:00 | |
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Electrum Servers Remain Under Sustained DoS Attack
Electrum servers are still under a sustained Denial-of-Service (DoS) attack. The wallet developers announced the issue on April 7, 2018. In correspondence with Bitcoin Magazine, Electrum developer Thomas Voegtlin speculated that the attack may be a form of retaliation from a phishing attacker who has been targeting Electrum in recent weeks. дальше »
2019-4-11 21:47 | |
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Coinbase Introduces Security Measures to Safeguard Users’ Login Credentials
According to the Coinbase blog published April 9, 2019, U. S. cryptocurrency exchange Coinbase is set to bolster its security measures with the implementation of multiple layers of protection against credential stuffing attacks. дальше »
2019-4-11 20:00 | |
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Sparkswap raises $3.5 million to build a crypto exchange on Bitcoin Lightning Network
2019 saw multiple attacks on crypto exchanges, many of which resulted in the loss of millions. In a bid to check such cases, Sparkswap, is planning to launch a cryptocurrency exchange using the features of the Bitcoin Lightning Network. дальше »
2019-4-9 11:30 | |
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