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This Crypto Startup Hacks Its Own Users’ Wallets to Rescue $13 Million

By CCN: Better the thief you know than the one you don’t. Cryptocurrency platform Komodo has had to hack its users after discovering a serious security flaw in one of its wallets. According to a press statement by the blockchain startup, Komodo’s cybersecurity team was able to ‘sweep’ in and retrieve 8 million Komodo coins (KMD) and 96 Bitcoin before hackers got hold of the exposed loot. дальше »

2019-6-7 15:19


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Blockchain startup hacked itself to ‘save’ $13M of its users’ cryptocurrency

A blockchain startup hacked its users’ wallets to save $13 million in Bitcoin and other cryptocurrency from being stolen, ZDNet reports. Security researchers advised the Komodo Platform of a ‘backdoor‘ in Agama, one of its older wallet apps, that would have allowed hackers to siphon any and all digital assets held inside. дальше »

2019-6-6 17:52


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Hackers Seeding Ransomware via Bitcoin and Ether Giveaways

While the entire cryptospace is busy celebrating the return of the “bulls,” bad actors have formulated a new scheme aimed at stealing victims’ cryptos and injecting ransomware into their systems. These hackers are now using several websites to push their fake bitcoin (BTC) and ether (ETH) giveaway programs, according to a Bleeping Computer report onRead MoreRead More. дальше »

2019-5-28 13:00


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Baltimore Struggles to Tackle Ransomware Attack as Hackers Demand $10,000 per Day

The entire United States’ city of Baltimore is heading through what can be termed as a communication network blackout. Zero Hedge report published May 23, 2019, stated that the hackers who conducted the ransomware attack to crumple the city’s communication are now demanding $10,000 dollar worth of bitcoin per day. дальше »

2019-5-25 23:00


Hackers made $32K in 7 weeks by fixing bugs in cryptocurrency projects

In the past seven weeks, white hat hackers earned at least $32,150 by fixing security flaws in popular cryptocurrency and blockchain platforms like TRON, Brave, EOS and Coinbase. According to data reviewed by Hard Fork, 15 blockchain-related firms have paid rewards to security researchers between March 28 and May 16, split across 30 publicly-released bug reports. дальше »

2019-5-20 18:21


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Binance Bolsters Security Measures Following $40 Million Bitcoin Hack

Binance CEO Chanpeng Zhao wrote in a blog, May 10, 2019, that they’re making significant changes to their security methods in the wake of the recent hack. Strengthening Defenses and Tracking Hackers On May 7, 2019, the largest cryptocurrency exchange Binance was hacked and a hefty amount of $40 million was stolen from its hot wallet. дальше »

2019-5-11 13:00


‘Shocked He Went There:’ Crypto Takes Sides On Binance’s Alleged Bitcoin Reorg Plan

Cryptocurrency’s best-known figures continue to debate exchange Binance’s handling of its $40 million hack amid claims executives planned to undo past Bitcoin transactions.   Binance CEO Rejects Reorg In a lengthy debate still playing out on social media, Binance received mixed reviews after CEO Changpang Zhao appeared to suggest there was a plan to conduct a reorganization (‘reorg’) of the Bitcoin blockchain. дальше »

2019-5-9 00:00


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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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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program

North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »

2019-4-5 13:00


The Hacking of Dragonex: What’s The New Call for Better Exchange Security Look Like?

Security breaches to online cryptocurrency exchange platforms is not new. Infact, many hackers specifically devote their time, energy and resources in targeting exchange with big assets to attack and this act calls for improved awareness and cryptographic innovations that would protect blockchain platforms from such malicious attacks. As encrypted as the blockchain system is, it […] дальше »

2019-4-5 01:05