The hackers behind the massive Bitcoin ‘giveaway’ scam that hit Twitter are moving funds to gambling and P2P trading platforms. Blockchain forensics firm Ciphertrace has traced funds obtained by the Twitter hackers in the ‘giveaway’ scam to peer-to-peer (P2P) exchanges and crypto gambling sites. On July 21, Ciphertrace reported that 0.2 Bitcoin (BTC) had been […]
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A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts. Cybersecurity experts are warning that the Twitter hack on July 15 shows that the social network needs to strengthen its security in order to avoid a worse black swan scenario with […]
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The Ethereum Foundation launched two Ethereum 2.0 attack networks for hackers to break in exchange for a bug bounty. The Ethereum Foundation has launched public “attack networks” for Ethereum 2.0 based on existing stable clients. The networks are designed to give security researchers a sandbox environment where they can try to break Ethereum 2.0’s networks […]
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Argentina’s largest telecommunications company has fallen victim to a $7.5M ransomware attack. Telecom, Argentina’s largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48 hours. Argentina’s major telephone company, Telecom, […]
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Top celebrities, politicians and businesses are caught up in a “social engineering attack” on Twitter — with theories swirling around that it could have been an “inside job.” Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, […]
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As 336 BTC get stolen from crypto-friendly bank Cashaa, there is still no clear explanation for what happened. On July 11, fraudsters hacked into digital payment platform Cashaa’s over-the-counter desk, which serves Indian customers, and stole 336 Bitcoin (BTC), worth approximately $3.1million. Although Cashaa stated that there have been no users affected by this hack, […]
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Check out this week’s Bad Crypto podcast. It has been all over the news about the great Twitter Bitcoin hack of 2020. We’ve got you covered if you haven’t been paying attention to #CryptoTwitter this week. After a period of calm in the cryptomarkets, last week showed some movement. Unfortunately, it went in the wrong […]
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Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities. Twitter vows to add more security training and measures as the fallout from Wednesday’s wide-scale hack on the social platform continues. Twitter said in a statement that it is continuing its investigation into the hack while […]
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The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm. Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. […]
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The recent high-profile hack of Twitter accounts where 12 BTC was stolen is being investigated, and some exchanges may already know who did it. July 15 will go down as an infamous day for Twitter, as an unknown attacker managed to take control of a number of accounts on the social media platform before duping […]
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