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Blockchain Day Emirates • December 15, 2018

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Tag: hacking

Hacker Infects a Popular Open Source Javascript Library to Steal Bitcoin

Category: Bitcoin, Blockchain, Business, News, Platform, Tech

Hacker Infects a Popular Open Source Javascript Library to Steal Bitcoin

A hacker with access to a popular open-source Javascript Library has sneaked malicious code that steals Bitcoin and Bitcoin Cash Funds stored in BitPay Copay wallets. According to ZDNet’s article published on November 26, 2018, the Copay team mentioned that all version between 5.0.2 and 5.1.0. were infected and all users are advised to update to newer versions 5.2.0 and…

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FBI is Looking Into Call Of Duty Gamers Suspected of Running Crypto Theft Ring

Category: Altcoins, Bitcoin, Crime, News

FBI is Looking Into Call Of Duty Gamers Suspected of Running Crypto Theft Ring

On October 22, 2018, The Chicago Sun Times revealed the findings of unsealed court documents which detailed an FBI investigation into a ring of suspected cryptojackers. The alleged ring is comprised of a group of online gamers who met while playing the popular video game Call of Duty. Masterminding the Scheme Call of Duty is a first-person shooter that allows…

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Bitcoin Wallet Samourai Warns Users of “Dusting Attack”

Category: Bitcoin, News, wallet

Bitcoin Wallet Samourai Warns Users of “Dusting Attack”

On October 25, 2018, the privacy-centric cryptocurrency wallet Samourai warned users via Twitter of a new type of tracking tactic called a “dusting attack.” Biting the Dust According to tweets, the attack is an attempt to compromise the security and privacy of Samourai users by using “coin dust” to deanonymize users and linking their transactional inputs together. Attackers transfer a…

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Investment in Blockchain Security Will Grow: The Results of HackIT 4.0 in Kiev

Category: Press Releases

Investment in Blockchain Security Will Grow: The Results of HackIT 4.0 in Kiev

Global losses from hacker attacks in 2018 amounted to $1.8 billion, which exceeds the amount of losses for the period from 2011 to 2017. A sizeable share of victims are investors and users in the field of cryptocurrency and Blockchain technology, the commercial value of which will increase to almost $180 billion by 2025. Such results and forecasts were shared…

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Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

Category: Altcoins, Blockchain, Crime, Finance, Mining, News

Flash Exploited by Cryptojackers to Mine Monero, Over 100 Instances Flagged by Adobe

Adobe’s Flash Player, once a prominent feature of the last decade to enable millions around the world to play internet games, has made its way to the hackers’ arsenal as they look to leverage all forms of customer-facing software to illegally mine cryptocurrencies, reported Finance Magnates on October 12, 2018. Old Tricks, new Rewards Research published by the cybersecurity research…

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51% Attack Being Livestreamed for Educational Purposes: Exclusive Interview

Category: Altcoins, Blockchain, Exchange, Interviews

51% Attack Being Livestreamed for Educational Purposes: Exclusive Interview

On October 7, 2018, Reddit user team-periwinkle took to social media, questioning cryptocurrency users for their interest in a potential 51% attack. While attackers would not typically announce their intentions publicly, the purpose of the attack would be for education, as the entire process will be live-streamed to allow anyone interested in learning how the often purely theoretical process works…

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Exclusive Interview: Hacken and TTC Protocol Partnership Makes DApps Easier Than Ever Before

Category: Altcoins, Blockchain, News, Platform, Tech

Exclusive Interview: Hacken and TTC Protocol Partnership Makes DApps Easier Than Ever Before

TTC Protocol made a partnership with HackenProof on September 17, 2018, creating a public bug bounty to secure TTC Protocol’s blockchain with the most extensive network of white hat hackers continuously stress testing the system. Hacken has a track record that includes 40+ other blockchain projects that the Estonia based company is responsible for securing as well. While they do…

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Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Category: Altcoins, Business, Finance, Investment, News, Tech

Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites

Although Indian regulatory bodies have maintained their distance from cryptocurrencies – this attitude has not deterred ‘cryptojackers’ from indirectly mining cryptocurrencies off of government websites. Per a report by The Economic Times, published on September 17, 2018, ‘cryptojacking’ continues to be a menace for the websites in the country. Cryptojacking on a Climb Hackers continue to mine cryptocurrencies taking advantage…

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Robbers Demand $1 Million in Ripple as Ransom After Stealing Banks’ Customer Data

Category: Altcoins, Crime, News, Tech

Robbers Demand $1 Million in Ripple as Ransom After Stealing Banks’ Customer Data

Two Canadian banks were in for a fix on May 28, 2018, after hackers gained access to account holders’ personal information, and threatened to sell it to interested parties unless a ransom was paid in XRP, Ripple’s native token. Hackers Infiltrate Bank Systems with Ease According to a report, Simplii Financial and Bank of Montreal (BMO) learned that personal information…

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Forensic Analysis of the Verge Cryptocurrency Hack

Category: Altcoins, Commentary, News, Tech

Forensic Analysis of the Verge Cryptocurrency Hack

In the space of fewer than two months, Verge has suffered two high-profile cryptocurrency hacks. In April, news broke out that hackers had commandeered the network, successfully compromising the system and earning all the block mining rewards within a specific timeframe. In the aftermath of the hack, the development team created a few patches to the network protocol and carried…

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