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Australian celebs targeted in long-running Bitcoin scam on Facebook
Bitcoin fraudsters are still using celebrities to promote their scams on Facebook and dupe investors out of money. According to reports, Australian TV presenters Karl Stefanovic and Waleed Aly are the latest names in a long list of celebrities to fall victim to the scam. дальше »
2019-3-28 14:11 | |
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DragonEx Crypto Exchange Hack Highlights the Importance of Using Reputable Platforms
The crypto industry has once again bore witness to an exchange being hacked by nefarious actors, with the latest exchange to fall victim being the Singapore-based DragonEx, which announced today that an undisclosed amount of multiple digital currencies have been stolen. дальше »
2019-3-27 01:00 | |
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Toronto Bitcoin Trader Tempts Fate, Loses $75,000 as QuadrigaCX Collapses
The QuadrigaCX failure has claimed another victim. More than 100,000 investors lost a combined $190 million in crypto as a result of the exchange’s comedy of errors that were exposed by the death of CEO Gerald Cotten. дальше »
2019-3-26 01:21 | |
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Cardinal RAT Malware Goes After Israeli Fintech and Crypto Firms Per Unit 42 Research Report
Unit42, the cybersecurity department of Palo Alto Networks, has published a report on March 19, 2019, revealing that the Cardinal Remote Access Trojan (RAT) malware, a kind of malware that remotely takes control of its victim's computer, is now targeting the systems of Israeli cryptocurrency and financial technology (fintech) firms. A Deadly Malware According to […] дальше »
2019-3-20 06:47 | |
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Why Does Crypto Giant Coinbase Keep Shooting Itself in the Foot?
Coinbase is the most popular U. S. -based cryptocurrency exchange. The company boasts more accounts than the likes of Charles Schwab. Coinbase CEO Brian Armstrong has the ambitious goal for Coinbase to become the “Google of crypto,” suggesting that its relevance to Web 3. дальше »
2019-3-18 08:58 | |
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Cybercriminals Ditch Ransomware and Malware-Based Attacks for Cryptojacking: IBM Study
Increased security measures and awareness are driving cybercriminals to change their techniques in search of a better return on investment, ditching ransomware and malware-based attacks for cryptojacking attacks, according to a new study by IBM. дальше »
2019-2-28 20:03 | |
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Scam ICO advertised on CoinMarketCap busted by police in India
Cryptocurrency scams that have been running for years in India are finally getting busted by the local police. Criminal investigation authorities in the Indian state of Gujarat have booked five people for running a fraudulent initial coin offering (ICO) called Bitstrades. дальше »
2019-2-27 19:07 | |
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The FBI Reaches out to BitConnect Victims as Investigation Trucks Along
The cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. дальше »
2019-2-21 12:18 | |
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Two Lawyers Take On Arbitration Compelled For Coinbase After Being Sued For Failing To Prevent A Scam
Cryptocurrency scams are common in the cryptocurrency marketplace, and there is usually no recourse if someone falls victim to a scam unless the criminals are caught. However, there is an arbitration clause in Coinbase’s terms of service that one plaintiff is using to sue the platform, according to The Block. According to the plaintiff, Coinbase, […] дальше »
2019-2-10 21:00 | |
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Bitcoin Bears Maul Another Victim: Crypto Exchange Coinsquare Lays off a Third of Employees
It has already been a tough few months for the crypto industry and nobody is feeling that more than crypto-related employees who have been dropping like flies in recent weeks. Canadian based cryptocurrency exchange Coinsquare is the next crypto firm to lay off workers as the market goes through difficult times. дальше »
2019-2-7 12:37 | |
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Hacker Gets 10 Years in First SIM-Swapping Sentencing in the U.S.
According to a recent report, Joel Ortiz, the 20-year-old student from Boston who was indicted by prosecutors in Santa Clara, California, has been sentenced to 10 years in prison in what is believed to be the very first SIM swapping conviction in the United States. дальше »
2019-2-6 01:17 | |
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Crypto Clash Happens Between AtomicPay’s Services And Vertbase Over False Trademark Ordeal
A Cryptocurrency Payment Startup Claims It Is A Victim Of A Prank That Run Over The Weekend; This Was For A Fake Trademark Claim The AtomicPay.io, which is a cryptocurrency payment processor had a small hiccup as their front end services were unavailable for about 8 hours over the weekend, this was all due to […] дальше »
2019-2-5 22:42 | |
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Italian court forces BitGrail CEO to repay $170M in ‘lost’ cryptocurrency
An Italian judge has reportedly ordered Francesco Firano, founder of shady cryptocurrency exchange BitGrail, to repay the $170 million worth of cryptocurrency that went “missing” early last year. дальше »
2019-1-28 18:25 | |
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Watch out for this new cryptocurrency ransomware stalking the web
Researchers have discovered “Anatova”, a brand new family of cryptocurrency-fuelled ransomware, and they warn it has the potential to become outright dangerous. Cybersecurity firm McAfee explained Anatova hides in seemingly innocuous icon files – usually the same popular games or applications – in order to fool the user into downloading the malware. дальше »
2019-1-23 19:58 | |
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Google’s head of account security has fix for cryptocurrency SIM-swapping
SIM-swapping has plagued cryptocurrency holders for close to a year, and now Google’s head of account security has had enough. He wants to put a stop to it with a clever gadget the size of a flash drive. дальше »
2019-1-23 13:03 | |
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Bearish Crypto Market Claims Another Victim in Mining Space
The long-running bearish sentiment of cryptocurrency market has claimed another victim. Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations. дальше »
2019-1-18 18:06 | |
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Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle
Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register. дальше »
2019-1-17 16:45 | |
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$3.6 Million Cryptopia Hack Sparks Investigation by New Zealand Police
New Zealand-based crypto exchange Cryptopia is the latest victim of a major cryptocurrency exchange hack that resulted in at least… The post $3.6 Million Cryptopia Hack Sparks Investigation by New Zealand Police appeared first on Invest In Blockchain. дальше »
2019-1-17 03:15 | |
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Cryptocurrency Exchange Cryptopia Hacked, Reports Significant Losses
Cryptopia, a New Zealand-base cryptocurrency exchange, has suspended all services and gone offline after reporting a major hack that resulted in significant losses, the company announced in a tweet on January 15, 2019. дальше »
2019-1-16 06:00 | |
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Cryptopia Confirms Hack yet Total Financial Losses Remain Unclear
The cryptocurrency industry is subject to a lot of attention by criminals and hackers. This has caused many problems in the past, yet also affects present proceedings. The latest victim in this regard is Cryptopia, one of the more prominent altcoin exchanges. дальше »
2019-1-15 15:35 | |
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Cricket South Africa’s Twitter Account Hacked by Bitcoin Scammers
A report from The Indian Express, published on January 14, 2019, states that the Twitter handle of Cricket South Africa (CSA) fell victim to hackers who were selling fake bitcoin lottery tickets. However, the account has now been retrieved and all the erroneous Tweets deleted. дальше »
2019-1-14 18:01 | |
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Litecoin (LTC) Creator, Charlie Lee: If A Crypto Cannot be 51% Attacked, it is Not Decentralized
Right after news broke that the Ethereum Classic (ETC) cryptocurrency had been the victim of a 51% attack, one twitter user by the name of Crypto Tesla noted that a cryptocurrency has to be open for such attacks if it were to remain decentralized. дальше »
2019-1-9 17:11 | |
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ShapeShift lays off 37 staff as ‘crypto winter’ takes hold
The “crypto winter” is far from over and cryptocurrency exchange ShapeShift is the latest to fall victim to its harsh ways. In a blog post published yesterday evening, ShapeShift CEO Erik Voorhees announced that he has had to “let 37 employees go. дальше »
2019-1-9 13:04 | |
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Cryptocurrency Bear Market Pressures Shapeshift into Layoffs
The ongoing cryptocurrency bear market appears to have claimed yet another victim. The latest digital currency-related firm to announce a restructure is exchange platform Shapeshift. According to a Medium post by the company’s CEO, 37 of Shapeshift’s employees have been laid off. дальше »
2019-1-9 03:00 | |
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Litecoin (LTC) survived 2018, but 2019 will be even tougher
Ilir Gashi, community manager at Litecoin Foundation, published an interesting recap of Litecoin-related events which transpired throughout the year of 2018. In a year that hit the cryptocurrency markets pretty hard, Litecoin suffered pretty significantly as well. дальше »
2019-1-5 16:35 | |
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Crypto-mining malware saw 4,000% increase in 2018
One of the most common hacks to punctuate the 2018 cryptocurrency media was illicit crypto-mining, also known as crypto-jacking, a recent report shows just how widespread it is becoming. According to the latest report from cyber security firm McAfee Labs, 2018 saw a 4000-percent increase in instances of crypto-mining malware. дальше »
2018-12-20 15:06 | |
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Downward Crypto Price Trend Leads ETH-based Status.IM Browser to Let Go of a Fourth of Its Team
The bear market of the cryptocurrency world has been affecting more than just the investors. Platforms and even startups are struggling to keep themselves afloat right now. Falling victim to the harsh circumstances of this downward trend, Status. дальше »
2018-12-15 23:24 | |
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U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam
Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32. 5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients. дальше »
2018-12-14 21:00 | |
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Bitcoin Scams: Singaporeans Losing Thousands of Dollars to Crypto Fraudsters
Singapore authorities recent report that residents have lost about $78,000 to fraudulent online platforms in three months. Online Cryptocurrency Scam Using Fake Personalities The Straits Times reports that Singapore residents have fallen victim to some online Bitcoin scams in a couple of months, losing up to $78,000 between September and November 2018. дальше »
2018-12-6 11:44 | |
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South African Man Hands $60k Worth of Bitcoin to Thieves After Being Tortured
A cryptocurrency trader has been targeted by a criminal gang in South Africa. After being kidnapped and tortured, the victim eventually handed almost $60,000 in Bitcoin, along with cash and various other gadgets on his person at the time. дальше »
2018-12-5 00:00 | |
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NEO aka ‘Chinese Ethereum’ Falls Victim to Hackers in New Scam to Steal User’s Coins
NEO Falls Victim To Hackers In New Scam To Steal User’s Coins One of the biggest pitfalls to any part of the traditional or cryptocurrency industries is that hackers seem to keep finding their way in. дальше »
2018-12-3 05:09 | |
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Uganda to Regulate Cryptocurrency as Fake Bitcoin Schemes Surge
Uganda will seek to regulate crypto assets to prevent criminals from exploiting digital currencies to scam citizens. This comes as thousands of Ugandans have fallen victim to a number of Ponzi schemes, including the D9 Club, which promised to pay members in bitcoin. дальше »
2018-11-24 21:00 | |
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Hacker Steals $1 Million Worth of Cryptocurrency in SIM Swap Attack
SIM swap hacks are becoming very common in the cryptocurrency space. In a recent case, a hacker was able to steal cryptocurrency worth $1 million from a San Francisco-based victim. The 21-year-old hacker also hacked into the phones of numerous Silicon Valley executives. дальше »
2018-11-22 19:29 | |
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Ripple is Ready If the Rumored Partnership with Bank of America Happens
Following Bitcoin Cash’s [BCH] much debated Hard Fork, the cryptocurrency market has been victim to sellers with a speedy plunge towards yearly lowest. However, in the longer term, the downward term that is taking place now is not an impacting factor for those companies that are attempting to change the future with their delivered technology. дальше »
2018-11-22 23:59 | |
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Make-A-Wish Website Infected With Cryptojacking Malware CoinImp Via Dupalgeddon 2 Vulnerability
Earlier this year, Forbes reported that crypto jacking is now the world’s most popular cyberthreat after displacing ransomware from the top spot. Apparently, the threat is now so prevalent that hackers are indiscriminate when it comes to their target. дальше »
2018-11-21 14:29 | |
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Bitcoin beatdown ‘victim’ jailed for $1M cryptocurrency theft
Remember that kid that got tortured by his friends in an attempt to steal his Bitcoin about a month ago? Well, turns out he may have actually made his cryptocurrency fortune by stealing it from a Silicon Valley exec, after pulling an elaborate SIM-swapping scheme. дальше »
2018-11-21 14:28 | |
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Cybercriminals Attack Make-a-Wish Website to Mine Monero
The recent victim to a cryptojacking attack is U. S. -based non-profit organization Make-A-Wish Foundation’s website. Since March 2018, the hacker has been taking advantage of the Drupal vulnerability to mine Monero cryptocurrency, as per research findings from an independent research lab. дальше »
2018-11-21 12:00 | |
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Alaskan City of Valdez Pays off Bitcoin Ransom After Four Months
Officials from the City of Valdez are in the final phases of recovering information from its servers after four months of it being held by cyber-criminals demanding a bitcoin ransom, KTUU reported on November 18, 2018. дальше »
2018-11-20 00:00 | |
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Hackers infect official Make-A-Wish site with cryptocurrency mining malware
It seems crypto-jackers have absolutely no ethical standards. After governments, universities, and technology giants, even charitable organizations are finding themselves at the receiving end of cryptocurrency malware. дальше »
2018-11-19 19:42 | |
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‘WebCobra’ Mining Malware is Scooping Up Zcash and Monero
McAfee Labs has reported the existence of a new strain of mining malware called WebCobra. This type of software hijacks a victim’s computer resources in order to mine cryptocurrency surreptitiously. дальше »
2018-11-16 05:02 | |
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Target and Google Official Twitter Accounts Hacked, Used for Crypto Scams
In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies. Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways. дальше »
2018-11-15 23:40 | |
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Target’s Official Twitter Account Falls Victim to Bitcoin Scammers, Google Becomes the Next
CoinSpeaker Target’s Official Twitter Account Falls Victim to Bitcoin Scammers, Google Becomes the Next Cryptocurrency scams stand up on a new level as nowadays the biggest industry players are caught into a trap of the frequent Bitcoin frauds. дальше »
2018-11-14 22:08 | |
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Twitter Has a Hard Time Dealing with Hackers, as New Bitcoin Scams Target Target
Despite the increased security efforts, Twitter is still unable to weed out scam accounts, as U. S. retail giant Target became the latest victim of bitcoin scam hacks, The Next Web reported on November 13, 2018. дальше »
2018-11-14 16:00 | |
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Factom working with Equator on a mortgage servicing solution, Liqui.io possibly committing an exit scam while Iran turns to crypto
Bitcoin giveaway scammers claim another victim After we saw several verified Twitter accounts fall victim to the infamous cryptocurrency giveaway scammers a couple of weeks ago, another account suffered the same faith today. дальше »
2018-11-14 13:40 | |
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New Russian malware mines different cryptocurrency based on your system
Is your computer suddenly sluggish and hot all the time? You might have fallen victim to this new Russian malware designed to steal your computing power to secretly mine cryptocurrency. Researchers from McAfee labs have discovered a new breed of crypto-jacking malware which cannibalizes your computing power to mine Monero or Zcash. дальше »
2018-11-13 19:56 | |
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Retail Shopping Store Target Becomes Next ‘Bitcoin Giveaway’ Victim in Twitter Hack
Scammers of cryptocurrency enjoy flocking to Twitter to take over various official accounts, allowing them to promote scams that will ultimately reveal the delicate data of various cryptocurrency wallets. дальше »
2018-11-13 19:49 | |
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Gold-Backed AurumCoin Latest to Fall Victim to 51 Percent Attack
Gold-backed AurumCoin is the latest cryptocurrency project to fall victim to 51 percent attack, resulting in the loss of AUD$ 15752. 26, per a report by Finder on November 12, 2018. Hack Attack Results in Blame Game Shortly after the hack attack, AurumCoin’s twitter handle subtly sparked the blame game stating the coins were stolen from the wallet of cryptocurrency exchange. дальше »
2018-11-13 12:00 | |
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