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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

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Tag: hack

McAfee-Backed “Unhackable” BitFi Wallet Hacked to Run P.C. Game

Category: Altcoins, Bitcoin, Blockchain, News, Tech, wallet

McAfee-Backed “Unhackable” BitFi Wallet Hacked to Run P.C. Game

Security researchers have successfully modified BitFi’s hardware wallet and provided a demonstration of the device running Doom. BitFi’s response? “Prove it.” Security researchers are arranging a demonstration this weekend proving BitFi’s wallets can be hacked. Unhackable? Not So Much BitFi launched their hardware wallet in June as a way for cryptocurrency users to secure their bitcoins and other cryptocurrencies. In…

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White Hat Hacker Exposes Critical Vulnerability in Augur Platform

Category: Altcoins, Ethereum, News, Platform

White Hat Hacker Exposes Critical Vulnerability in Augur Platform

According to a report published on The Next Web, the decentralized betting platform Augur was found to possess a critical bug, which could potentially allow cyber hackers to provide wrong information to the users and rig the mechanism of prediction markets website. The report published on August 7, 2018, states that the bug could allow hackers to manipulate transactions, user…

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Blockchain and Security: Discussion with Hartej Sawhney

Category: Business, Crime, Development, Finance, News

Blockchain and Security: Discussion with Hartej Sawhney

In the battlefield of the world of crypto which is often plagued by malicious hackers and careless developers, safety and security are often taken for granted. In this interview at the International Blockchain Conference in Hyderabad 2018, BTCManager spoke to Hartej Sawhney co-founder of security firm Hosho, regarding the current state of the smart contracts and blockchain security. Meet Hartej Hartej…

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The Anatomy of a Successful BItcoin Ransomware Attack and How to Prevent Becoming a Victim

Category: Altcoins, Bitcoin, Business, Crime, News, Tech

The Anatomy of a Successful  BItcoin Ransomware Attack and How to Prevent Becoming a Victim

In early 2016, reports of a particularly crippling ransomware attack began to surface. While many of the victims were based in the U.S., the attacks were also witnessed in other parts of the world. The ransomware has proceeded to be active since then and continues to update and better itself with each version released. What Is SamSam? Leading security outfit…

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Hackers Attack Compromises Ethereum Block Explorer Site Etherscan.io

Category: Altcoins, Crime, Ethereum, News, Tech

Hackers Attack Compromises Ethereum Block Explorer Site Etherscan.io

On July 23, 2018, the most popular Ethereum block explorer site Etherescan.io was hit malicious attack. According to Motherboard, the hackers were able to use the website’s comments section to introduce malicious code. However, the attack revealed to be more like a prank than a real attack. Even so, while it was apparently harmless, it exposed a vulnerability that could…

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Hackers Nab Fox TV Show Twitter Account to Promote Tron (TRX)

Category: Altcoins, Commentary, News

Hackers Nab Fox TV Show Twitter Account to Promote Tron (TRX)

Cryptocurrency fraudsters are always innovating the ways to scam people. This time, someone took over a famous Fox TV show Twitter account and has reportedly been promoting cryptocurrency scams since July 21, 2018. Twitter, Fox, and Tron Hackers have surreptitiously taken over the official Twitter account of FOX’s show Almost Human and since then have been using it for nefarious…

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Russian Intelligence Officers Face Criminal Charges after Using Bitcoin to Infiltrate Hillary Clinton’s Election

Category: Bitcoin, Crime, Finance, News, Regulation

Russian Intelligence Officers Face Criminal Charges after Using Bitcoin to Infiltrate Hillary Clinton’s Election

On July 13, 2018, an 11-count federal indictment was filed against twelve Russian military intelligence officers allegedly infiltrating Hillary Clinton’s presidential campaign in 2016. The accused used cryptocurrencies to finance their operations and avoid the strict financial scrutiny that accompanies fiat operations. Russian Intelligence Held Responsible Digital Trends reported the misuse of cryptocurrencies by Russian intelligence officials to publicize stolen…

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Bancor Criticized For its Ability to Freeze Funds, Not for Exchange Hack

Category: Altcoins, Blockchain, Crime, News

Bancor Criticized For its Ability to Freeze Funds, Not for Exchange Hack

Bancor, a decentralized crypto exchange that raised $153 million in June 2017, has lost $12.5 million in ether, the native cryptocurrency of Ethereum, in a recent security breach. However, the blockchain protocol and its developers were criticized not for the theft of their funds, but for their ability to freeze funds using a centrally controlled system. Start of Controversy: Freezing…

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$761 Million Lost to Cryptocurrency Heists in The First Six Months of 2018

Category: Altcoins, Bitcoin, Blockchain, Business, Crime, Ethereum, Finance, News

$761 Million Lost to Cryptocurrency Heists in The First Six Months of 2018

According to a study by cryptocurrency security firm CipherTrace of online heists, a record number of cryptocurrency tokens were stolen from cryptocurrency exchanges in the first half of 2018 alone. Cryptocurrency Heists on the Rise in 2018 CipherTrace reported that in the first half of 2018, there was more than three times the number of cryptocurrencies stolen and used in money…

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Italian Law Enforcement Seizes all Bitcoin Holdings of Previously Hacked Exchange BitGrail

Category: Bitcoin, Finance, News, Regulation

Italian Law Enforcement Seizes all Bitcoin Holdings of Previously Hacked Exchange BitGrail

The Italy-based exchange BitGrail has halted all trading activities and defaulted the site as being “under maintenance” after it’s core team confirmed Italian law enforcement had seized all bitcoin in the companies accounts. This comes months after approximately $170 million worth of the cryptocurrency NANO was hacked and stolen from the exchange. The BitGrail Story Finally Coming to a Close…

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