The number of infected Electrum BTC wallets has reportedly reached 152,000 following an ongoing DoS attack on its servers. The number of infected Electrum bitcoin (BTC) wallets has reached 152,000 following an ongoing Denial-of-Service (DoS) attack on its servers. The development was reported by anti-malware software firm Malwarebytes in a blog post on April 29. […]
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An interview with a senior analyst at ISE. Earlier this week, United States-based security consulting firm Independent Security Evaluators (ISE) published a report on private keys for the Ethereum blockchain. Despite establishing around 700 weak private keys that are being regularly used by multiple people, the researchers found a “blockchain bandit” who has managed to […]
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A closer look at what appears to be one of 2019’s greatest crypto scandals yet. In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with […]
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New cryptojacking malware Beapy uses the leaked U.S. NSA hacking tools to spread through corporate networks. American software security firm Symantec found a spike in a new crypto mining malware that mainly targets enterprises, TechCrunch reports on April 25. The new cryptojacking malware, dubbed Beapy, uses the leaked United States National Security Agency (NSA) hacking […]
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Joel Ortiz stole more than $7.5 million from dozens of victims, with one crypto entrepreneur losing $5.2 million in a matter of minutes. A 21-year-old man has been sentenced to 10 years in prison after becoming one of the first people in the United States to be convicted of stealing cryptocurrency by hacking into cell […]
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sponsored A crypto project claims its “pioneering technology” can deliver strong security and stop malicious actors from orchestrating 51% attacks. A crypto platform says “pioneering technology” known as command chain protocol (C2P) is going to be instrumental in ensuring the industry is protected with strong security in the future. ILCoin says C2P was designed to […]
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Microsoft Korea has said the country is facing an increase in crytojacking incidents, according to their new report. Microsoft Korea has claimed the country is facing an increase in cryptojacking incidents, according to a report from local English-language daily The Korea Times, published on April 22. The findings were announced by Microsoft security program manager […]
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Details are still sketchy after Bithumb lost $18 million due to a hack. In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While the details are still sketchy — for instance, it is unclear whether or not it was an inside job, as Bithumb initially […]
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PayPal was granted a cybersecurity patent to prevent crypto ransomware hackers from locking up users’ files. Digital payments giant PayPal has won a cybersecurity patent to protect users from crypto ransomware, according to a document from the United States Patent and Trademark Office (USPTO) published on April 16. The system described in the patent, entitled […]
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South Korea’s largest telecom firm KT implemented blockchain tech to prevent hacks of connected IoT devices. KT Corporation, South Korea’s largest telecom firm, has launched its blockchain-powered fifth-generation (5G) network brand, local news agency The Korea Times reports on April 16. Called “GiGA Chain,” the brand intends to boost the security of Internet-of-Things (IoT) devices […]
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