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Tag: hack

Ticketfly Hack Saga Continues: Status of Bitcoin Ransom Remains Unknown

Category: Bitcoin, Business, News, Tech

Ticketfly Hack Saga Continues: Status of Bitcoin Ransom Remains Unknown

Nearly four days after being forced offline by a hacker demanding a ransom payment in bitcoin, the Ticketfly website is partially back in operation. The event ticketing and management platform announced this on their official website on  June 2, 2018. Source: Ticketfly Possibility Of Compromised Client Information Starting on the night of  May 30, 2018, the security incident began with…

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The Taylor Cryptocurrency Trading App Losses Funds to Cyberpunks

Category: Altcoins, Crime, Ethereum, Finance, News

The Taylor Cryptocurrency Trading App Losses Funds to Cyberpunks

In what has been termed a highly coordinated attack, the Taylor cryptocurrency trading assistant platform has lost a whopping $1.5 million worth of ether (ETH) and its TAY altcoin to hackers on May 22, 2018. Taylor Hacked Of a truth, crypto-related businesses and exchanges have been investing massive sums of money in securing their systems against cyber attacks. Conversely, hackers…

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User Discovers Hidden Bytecoin Mining Code in Ubuntu App

Category: Altcoins, Crime, Mining, News, Tech

User Discovers Hidden Bytecoin Mining Code in Ubuntu App

A Github user by the title of “tarwirdur” reported an app (now removed), hosted on the Ubuntu Snap Store that contained hidden cryptocurrency code for mining Bytecoin tokens. The app on which the malicious code was found was the 2048buntu app which is a replica of the 2024 game also hosted on the Ubuntu Snap Store. Fortunately, the Ubuntu team…

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Japanese Giant SBI Plans a Crypto Exchange

Category: Altcoins, Bitcoin, Business, News, Regulation

Japanese Giant SBI Plans a Crypto Exchange

Japanese giant SBI Group is reported on April 26, 2018, to be scheduling the summer launch this year of its own cryptocurrency exchange. The exchange is apparently to be named “SBI Virtual Currencies” and will be a full-suite digital exchange. Japan Going Where Other Asian Nations Are Forbidden Business Insider Japan reported that Yoshitaka Kitao, the SBI Holdings president, confirmed…

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MyEtherWallet Falls Victim to DNS Server Hack: 215 Ether Stolen

Category: Blockchain, Ethereum, News, Tech

MyEtherWallet Falls Victim to DNS Server Hack: 215 Ether Stolen

MyEtherWallet (MEW), the most popular Ethereum web-based wallet fell victim to a DNS hack on April 24, 2018. Comments made by wallet users on social media and online crypto forums reveal that funds have indeed been stolen from their wallets. MyCrypto, a rival service to MEW, confirmed the occurrence of the hack and informed MEW users that their accounts had…

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Former CEO of the Defunct Mt. Gox Bitcoin Exchange Gets a New Crypto Job

Category: Bitcoin, Business, Finance, News, Tech

Former CEO of the Defunct Mt. Gox Bitcoin Exchange Gets a New Crypto Job

Mark Karpelès, the former CEO of the now-defunct Mt. Gox Bitcoin exchange has landed a new cryptocurrency job. London Trust Media, a U.S.-based corporation has hired Karpelès as its new Chief Technology Officer (CTO). The company, based in Denver, Colorado, is reported to be the most extensive virtual private network (VPN) service provider in the world. The news was confirmed…

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Sale of Hardware Wallets Rise as Users Scramble to Safeguard their Crypto

Category: Altcoins, Bitcoin, Blockchain, News, Tech

Sale of Hardware Wallets Rise as Users Scramble to Safeguard their Crypto

Users have reportedly been buying more hardware wallets to store their cryptocurrency holdings than ever before, clearly indicating a preference for cold storage instead of exchange-provided wallets. Paris-based Ledger, which raised $75 million from its investors in a recent round of funding, announced January 23, 2018, that it had sold its millionth Nano S hardware wallet. What Is a Cryptocurrency…

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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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