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Malaysian Police Arrest Man for Bitcoin Mining Using Stolen Electricity
While mining activity has increased in Malaysia, the amount of stolen electricity used is growing in alarming proportion, compelling authorities to take action. The post Malaysian Police Arrest Man for Bitcoin Mining Using Stolen Electricity appeared first on BeInCrypto. дальше »
2022-1-2 15:07 | |
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Security researchers detect new variant of Monero mining exploit Tor2Mine
The industry woke up today to the news of Bitmart exchange being exploited to the tune of nearly $200 million in stolen funds through Ethereum and Binance Smart Chain. With exploits becoming commoner The post Security researchers detect new variant of Monero mining exploit Tor2Mine appeared first on AMBCrypto. дальше »
2021-12-5 16:00 | |
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Over 1,000 Bitcoin miners crushed by police in warning to electricity thieves
Authorities in Miri, Malaysia, seized and destroyed 1,069 Bitcoin mining rigs by steamroller after cracking a mining operation that was using stolen electricity. The post Over 1,000 Bitcoin miners crushed by police in warning to electricity thieves appeared first on CryptoSlate. дальше »
2021-7-20 12:24 | |
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Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished
Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about $1. дальше »
2021-7-19 02:30 | |
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Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. дальше »
2021-7-3 09:30 | |
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Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia
Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. дальше »
2020-7-25 16:25 | |
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Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers
In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. дальше »
2019-12-25 02:00 | |
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Hawaiian Woman Invests 401K Into Crypto Mining Ponzi Scheme, Hit With Restraining Order
A woman based in the United States island-state of Hawaii has lost nearly half of her entire life savings, in a crypto mining-related Ponzi scheme. And while the woman is clearly the victim, she’s been hit with a temporary restraining order for voicing her concerns and attempting to retrieve the money that was stolen from. дальше »
2019-12-21 22:00 | |
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Bitcoin Cash [BCH] is ‘unsecure’ and the recent BCH chain reorg is a ‘sh*t show’, says Blockstream CSO
Bitcoin Cash, the fourth largest cryptocurrency in the world, has had more than a few hiccups this month. The scheduled upgrade for BCH didn’t quite go as planned, the SegWit BCH funds were stolen, two mining pools had to reorg to blocks to return the stolen funds, and other developments marred the otherwise peaceful bullish […] The post Bitcoin Cash [BCH] is ‘unsecure’ and the recent BCH chain reorg is a ‘sh*t show’, says Blockstream CSO appeared first on AMBCrypto. дальше »
2019-5-26 16:00 | |
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In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested
In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested […] The post In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested appeared first on Bitcoin News. дальше »
2019-3-1 16:05 | |
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Germany: Six Arrested in Illegal Crypto Mining Operation
German police have arrested six members of a mining ring who were making use of stolen electricity to mine currency since 2017, as reported by Freie Presse, February 6, 2019. Hijacked Power While people around the world enjoy using cryptocurrency, the actual process of mining crypto is quite tedious and more importantly, expensive, particularly inRead MoreRead More. дальше »
2019-2-9 06:00 | |
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Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years
Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. дальше »
2019-1-22 04:05 | |
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Prevent a Personal Crypto Crash in 2019: 3 Golden Tips to Follow
Provided that over $1 billion was stolen from cryptocurrency exchange in 2018, it becomes a general knowledge that digital tokens need protection in 2019. Experts in blockchain reckon that mining cryptocurrency for beginners is not always an easy task. дальше »
2019-1-14 14:57 | |
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Moonday Mornings: Ethereum Classic hackers return $100K worth of stolen funds
It’s another Monday and that means we have another Moonday Mornings for you. Here’s what you need to catch up on from over the weekend. 1. Nine cryptocurrency mining firms have decided to band together and sue a Washington State utility company after it raised electricity costs. дальше »
2019-1-14 13:07 | |
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$3 Million in Stolen Electricity Leads to $14.5 Million in Crypto Mining Earnings
A Taiwanese Bitcoin miner identified with the last name Yang was recently arrested and charged by authorities for mining 100 million yuan ($14. 5 million) in cryptocurrencies. He used NT$100 million ($3. дальше »
2018-12-28 14:29 | |
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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft
Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance. дальше »
2018-11-14 23:31 | |
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Bitmain Files Anonymous Lawsuit Against Hacker Who Stole 617 BTC from Company’s Binance Account
The United States has a long and proud history of litigation. While some would argue this right has been abused, there is no denying its importance in defining the American spirit. Now the mining rig manufacturer Bitmain has filed a lawsuit against an unidentified hacker who is suspected to have stolen from the company’s Binance […] дальше »
2018-11-12 01:39 | |
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Bitmain Files ‘John Doe’ Lawsuit in the State of Washington
According to court documents filed in Seattle, Washington, the mining rig manufacturer Bitmain has filed a lawsuit against an unidentified suspect who hacked the company’s Binance account. Bitmain hopes to identify the defendant “John Doe” and recover the stolen BTC siphoned from the organization’s cryptocurrency holdings held on the exchange. дальше »
2018-11-11 00:15 | |
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Your computer could be mining cryptocurrency now – here’s how to stop it
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Every week there seems to be an alert for a new cryptocurrency hack or scam. дальше »
2018-10-25 18:10 | |
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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. дальше »
2018-10-20 00:22 | |
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Hackers Using Software Vulnerability Stolen From the NSA to Illicitly Mine Crypto
In a 25-page report released Wednesday, the Cyber Threat Alliance (CTA) detailed the worrying rise of illicit cryptocurrency mining in 2018; specifically, how hackers are using a software vulnerability leaked from the NSA last year to do it. дальше »
2018-9-20 01:00 | |
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Iceland’s Biggest Crypto Mining Heist Sees 7 People Charged For Crimes Totalling Over $2 Million Stolen
Seven People Charged for Crimes Against Iceland’s Mining Facility, Amounting to Over $871,000 The mining facilities in Iceland recently experienced a major heist involving conspiracy, burglary, and theft. дальше »
2018-9-11 16:36 | |
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Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs
Police in Iceland charged seven individuals for conspiracy, burglary, and theft for stealing from the region’s mining facilities. Iceland prosecutors are charging the suspects with over $871,000 in stolen goods, but the group of individuals are also being sued for $1. дальше »
2018-9-11 23:15 | |
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Nicehash Returns 60% of Coins Stolen in the Hack
Nicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. дальше »
2018-8-28 06:15 | |
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Sky Mining CEO Fleas To The US With $35 Million In Assets
A Vietnamese CEO working for a cryptocurrency mining company has stolen $35 million worth of company and investor assets and fled the country. Le Mihn Tam went underground on Monday last week and hasn’t been seen since. дальше »
2018-8-1 11:18 | |
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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds after Citing Low Profitability and Rising Expenses
The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »
2018-7-31 09:00 | |
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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds After Citing Low Profitability and Rising Expenses
The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »
2018-7-31 09:00 | |
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$20 Million Ether Hacked From Poorly Configured Ethereum Apps
According to Chinese internet security firm Qihoo 360 Netlab, hackers have stolen $20 million in ether from poorly configured Ethereum mining rigs and third-party applications. Experts at the firm say the cyber-attacks target unsecured Ethereum nodes on the Internet. дальше »
2018-6-12 19:00 | |
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