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Tag: hack

Coincheck Hackers May Have Successfully Laundered all their Stolen NEM Coins

Category: Altcoins, Bitcoin, Blockchain, News, Tech

Coincheck Hackers May Have Successfully Laundered all their Stolen NEM Coins

According to recent reports, the hackers responsible for the January 2018 NEM heist from the Coincheck cryptocurrency exchange platform may have successfully laundered all their stolen NEM coins (XEM). Laundering the Loot In March 2018, BTCManager reported that the Coincheck hackers were laundering their loot on dark web cryptocurrency exchange platforms. At the time of the report, it was believed…

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BitGrail Offers BGS Token to Satisfy Sore Customers

Category: Altcoins, Business, Commentary, News

BitGrail Offers BGS Token to Satisfy Sore Customers

Despite still refusing to take responsibility for the hack of February 2018, Nano (XRB) Exchange BitGrail has prepared a plan to reimburse 80 percent of lost customer funds in the form of another token BGS (Bitgrail Shares). This token can only be traded on the platform itself and will be repurchased by the exchange at the end of every month…

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Windows Defender Antivirus Prevents Major Cryptocurrency Mining Dofoil Attack

Category: Altcoins, Mining, News, Tech

Windows Defender Antivirus Prevents Major Cryptocurrency Mining Dofoil Attack

A new report suggests that Microsoft’s Windows Defender antivirus successfully thwarted a major dofoil attack that occurred on March 6, 2018. Global Crypto Mining Attack The Seattle-based software firm confirmed in a blog post that the attack targeted over 800,000 computers primarily across mainland Russia. Within twenty-four hours of the initial outbreak, instances of this new trojan were also reported…

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Binance Team Shows Why the Exchange Is Leading the Field Following Bitcoin ‘Hack’

Category: Altcoins, Bitcoin, Finance, News

Binance Team Shows Why the Exchange Is Leading the Field Following Bitcoin ‘Hack’

Posting on the Binance website, the company has disclosed information on the recent theft attempts and also details how the exchange foiled them and preserved users’ investments. Amid several exchanges’ losses due to cybercrime, Binance has reaffirmed itself as a secure exchange and demonstrated at least one good reason why it has become the largest cryptocurrency exchange in the world,…

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Brazilian Security Firm Launches A “Hack-proof” Android Smartphone For Storing Cryptocurrencies

Category: Altcoins, Business, News, Tech

Brazilian Security Firm Launches A “Hack-proof” Android Smartphone For Storing Cryptocurrencies

In what appears to be a first-of-its-kind handset, Brazilian security firm Sikur has rolled out a smartphone with a built-in cryptocurrency wallet at the Mobile World Congress 2018 in Barcelona. Unhackable Hardware The company claims that the security-focused new handset, dubbed SIKURPhone, is a perfect choice for anyone with a sizeable cryptocurrency fortune. It promises a fully-encrypted and a hack-proof…

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Ethereum Foundation Considers Get Out of Jail Free Cards For Lost Funds

Category: Altcoins, Commentary, Ethereum, News, Tech

Ethereum Foundation Considers Get Out of Jail Free Cards For Lost Funds

  A proposal, called “EIP 867: Standardized Ethereum Recovery Proposals,” is making many members of the Ethereum community concerned. The idea behind the proposal is to create a framework that would clarify and normalize the process of recovering lost funds on the network. The problem is, doing this could destabilize Ethereum, negate immutability by making transactions possibly reversible, and even…

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McAffee Identifies Major Cyber Attack by Hacker Group ‘Lazarus’

Category: Bitcoin, News, Tech

McAffee Identifies Major Cyber Attack by Hacker Group ‘Lazarus’

  The North Korea-based Lazarus hacking group is now targeting individuals and banking institutions with bitcoin stealing and phishing campaigns. The new cyber attack was discovered by analysts at McAfee Advanced Threat Research (ATR). As revealed by the company in a post on its website, the phishing attack is targeted towards bitcoin users and uses a sophisticated malicious document for…

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UK Government Websites Hit by Monero Mining Malware Could Have Been Much Worse

Category: Altcoins, Mining, News, Tech

UK Government Websites Hit by Monero Mining Malware Could Have Been Much Worse

In 2018, Hackers are designing malware not just to steal your personal information on your computer, but also to take over its processing power to mine cryptocurrencies. From this, we can glean that the value of cryptocurrencies and their importance is rising while governments and security companies need to focus exponentially more on these types of malware attacks. Government Websites…

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Coincheck Saga: Investigations over Stolen NEM, one Suspect Already Interrogated

Category: Altcoins, Business, Finance, News

Coincheck Saga: Investigations over Stolen NEM, one Suspect Already Interrogated

In what has been tagged as one of the biggest hacks of all time, Tokyo police’s cybersecurity department is not relenting in its efforts to fish out the perpetrators of the Coincheck hack that saw over $526 million worth of NEM moved from the exchange. So far, one person has been questioned as he exchanged a little fraction of the…

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A Washington Resident Sues T-Mobile after Falling Victim to Crypto Hackers

Category: Altcoins, Bitcoin, News

A Washington Resident Sues T-Mobile after Falling Victim to Crypto Hackers

A Washington man has dragged mobile telecommunication giant T-Mobile to court after being walloped by hackers. His cryptocurrency account has been entirely wiped out by the cyber bandits, and now he says it’s the company’s fault. T-Mobile Underfire Carlos Tapang of Washington, United States, has filed a lawsuit in the Washington Federal Court against T-Mobile, alleging that the firm’s weak…

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