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Tag: hackers

What Will the Hackers Congress Paralelní Polis 2018 Have in Store?

Category: Bitcoin, News

What Will the Hackers Congress Paralelní Polis 2018 Have in Store?

The Hackers Congress Paralelní Polis is arguably one of the leading cryptocurrency conferences in the world. According to the organizers, the event will bring together thought leaders from the “the freedom movement, cryptoanarchy, sharing economy, cryptocurrencies, economy, sociology, political art, hacking and much more,” to share their knowledge at the conference in Prague. The Hackers Congress Paralelní Polis 2018 The…

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Newdex Decentralized Cryptocurrency Exchange Loses $58,000 Worth of EOS to Hackers

Category: Altcoins, Business, Exchange, Finance, News, Platform

Newdex Decentralized Cryptocurrency Exchange Loses $58,000 Worth of EOS to Hackers

Cryptocriminals have exploited an enormous security vulnerability on the Newdex decentralized digital assets exchange to steal nearly $58,000 from customers, by creating 1 billion fake EOS tokens, reported The Next Web on September 18, 2018. Bad Actors Exchange Fake EOS Altcoins for BLACK, IQ and ADD Tokens According to The Next Web, hackers succeeded in creating 1 billion EOS-based tokens…

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This Company Is Using Bitcoin to Help Others Pay for Ransomware Attacks

Category: Bitcoin, Business, Commentary, Crime, News

This Company Is Using Bitcoin to Help Others Pay for Ransomware Attacks

A company based in Norwalk, Connecticut is helping small businesses deal with ransomware attacks by negotiating with cybercriminals to reduce ransom amounts and paying them in bitcoin, a Forbes report from September 17, 2018, showed. When “Never Pay” Is not an Option While ransomware attacks have become a new normal to many big companies dealing with a lot of private…

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Korean Cryptocurrency Exchange Bithumb Suffers $30 Million Hack, Covers All Losses

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

Korean Cryptocurrency Exchange Bithumb Suffers $30 Million Hack, Covers All Losses

South Korean cryptocurrency exchange Bithumb was compromised and lost over $30 million worth of cryptocurrency on June 19, 2018. However, the exchange has covered all costs included with the damages and has assured that no user-funds will be affected. Deposits and withdrawals have since been halted. Hackers Attack Bithumb After a promising start to the week regarding crypto market price…

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Ethereum Miners Mass Targeted by Satori Botnet Attack

Category: Crime, Ethereum, News

Ethereum Miners Mass Targeted by Satori Botnet Attack

 The rising value of cryptocurrency has undeniably lured hordes of people towards investing in the risky asset class, with the technically-informed going one step ahead to set up their own “mining rigs.” Hackers are not far behind, however, and often infiltrate computing systems to mine cryptocurrencies for themselves. After Browser Mining, Hackers Target Miner Rigs In a bid to greatly…

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The WannaCry Bitcoin Funds are on the Move

Category: Altcoins, Bitcoin, News, Tech

The WannaCry Bitcoin Funds are on the Move

It seems that about $143,000 from the WannaCry ransomware attack is on the move. That is, according to Elliptic, a company that works with law enforcement to track down illegal activities conducted with cryptocurrency. On August 3, CNBC reported that hackers responsible for the attack had withdrawn bitcoins stashed in several wallets containing around 52.2 BTC. The balance of all…

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