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Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

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Tag: cybersecurity

US Treasury Secretary: The Dollar Could Be Converted Into “Digital Dollar”

Category: Bitcoin, Commentary, News, Regulation, Tech

US Treasury Secretary: The Dollar Could Be Converted Into “Digital Dollar”

The United States, through its Treasury Secretary Steve Mnuchin, has declared that they are closely watching the digital currency ecosystem and could turn the US dollar into a cryptocurrency in the distant future. Crypto Dollar According to Express, Steve Mnuchin has said that in line with the recent popularity of bitcoin, the Treasury had made proposals of converting the US…

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UW System School infected with Bitcoin Mining Scripts

Category: Altcoins, Bitcoin, Mining, News, Tech

UW System School infected with Bitcoin Mining Scripts

The University of Wisconsin System discovered three of its servers mining Bitcoin. The UW Madison news section reported, illegal crypto miners exploited three servers at UW-Madison, UW-Stout, and UW-Superior by installing Bitcoin mining malware via the Oracle WebLogic software vulnerability. The UW System schools infected server were put offline to establish a safe and secure environment. Hunting Miners Hunting Crypto…

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Indiana Hospital Hacked, Held Ransom for Bitcoin

Category: Bitcoin, News, Tech

Indiana Hospital Hacked, Held Ransom for Bitcoin

Hancock Regional Hospital, just east of Indiana, has become the latest victim of a Bitcoin cyber-attack. New Attack Variants in the Digital Era According to local reporters in the county, Hancock Regional Hospital was a victim of a computer systems hack on January 12, 2018. The unknown party of attackers demanded a ransom of an undisclosed amount in bitcoin, which…

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North Korean hackers mining Monero to overcome UN sanctions

Category: Altcoins, Mining, News

North Korean hackers mining Monero to overcome UN sanctions

Chris Doman, a cybersecurity researcher at AlienVault, U.S.-based security firm, has discovered a malware that mines cryptocurrencies using foreign computers while the earnings deposit to a North Korean university’s wallet in Pyongyang. Malware links to North Korea As North Korea faces tougher United Nation sanctions, it is looking for alternative income sources. North Korean hackers are targeting computers around the…

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MyEtherWallet Refutes Hacking Rumors

Category: Ethereum, News

MyEtherWallet Refutes Hacking Rumors

MyEtherWallet recently refuted rumors that the popular online Ethereum wallet service was hacked, allegations made by developers from Blue, the “only ERC20 token built from the ground up to facilitate payments and transfers without sacrificing your security.” The tweets have been taken down, but a screenshot of the tweets have been posted on Reddit. Blue first stated they had “reason…

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Reddit Email Vulnerability results in Bitcoin Cash Embezzlement

Category: Altcoins, Bitcoin, News, Tech

Reddit Email Vulnerability results in Bitcoin Cash Embezzlement

The investigation of stolen Bitcoin Cash (BCH) from the hot wallets of community members of r/btc, a Reddit group that advocates bitcoin rival bitcoin cash, has concluded. The progress made in the inspection revealed that the hack was accomplished using the Tippr bot. The hacker used the defenseless third-party email functionality that Reddit uses for point of access. The malicious…

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Meltdown, Spectre, and Electrum: New Exploits everyone in Crypto should Care about

Category: Altcoins, Bitcoin, News, Tech

Meltdown, Spectre, and Electrum: New Exploits everyone in Crypto should Care about

First Meltdown and Spectre, then a bug in the popular Bitcoin wallet Electrum; if you don’t take care for your software, you are in danger of losing coins. We explain, what the newly discovered bugs mean for a crypto user and some minimal measures with which you can protect yourself. Meltdown and Spectre Maybe you already heard of the exploit…

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eBay Vendor sells Tampered Ledger Hardware Wallet, $33,000 worth of Cryptocurrency Stolen

Category: Altcoins, Bitcoin, Commentary, News, Tech

eBay Vendor sells Tampered Ledger Hardware Wallet, $33,000 worth of Cryptocurrency Stolen

On January 6, 2017, a Reddit user posted an image to the bitcoin subforum containing a scratch-off card titled “Ledger recovery sheet” claiming that it was responsible for the loss of £25,000 ($33,860) worth of digital currency. According to another Reddit thread, where the image originally came from, the sheet was shipped alongside a Ledger Nano S hardware wallet that…

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New Opera Browser Setting Blocks Unauthorized Cryptocurrency Mining

Category: Bitcoin, Mining, News, Tech

New Opera Browser Setting Blocks Unauthorized Cryptocurrency Mining

Cryptocurrency mining on a standard computer generates a return so low that it often isn’t worth the electricity that it consumes. But this is not a problem if you have hundreds, if not thousands, of computers mining.  Network of Illicit Cryptomining This web of mining is precisely the strategy that is used by hackers all over the world to earn…

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WikiLeaks Founder Urges Cryptocurrency Donations After US Financial Blockade

Category: Bitcoin, Commentary, Finance, News, Regulation, Tech

WikiLeaks Founder Urges Cryptocurrency Donations After US Financial Blockade

In a series of tweets on December 17, 2017, the founder of WikiLeaks, Julian Assange, alleged the United States government of breaching citizens’ First Amendment rights. He also accused the government of politically-induced financial censorship after it began obstructing US-based individuals from donating to the organization. Thus, in light of these events, he urged WikiLeaks donors to facilitate payments through…

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