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Tag: Phishing Attacks

London Police to Sentence First Cryptocurrency Theft Arrest, Seizing $700,000 of Bitcoin

Category: Bitcoin, News, Regulation

London Police to Sentence First Cryptocurrency Theft Arrest, Seizing $700,000 of Bitcoin

The notorious hacker who amassed a small wealth stealing cryptocurrencies, Grant West, was arrested in 2017 by undercover agents. At the spot of arrest, security cameras revealed passengers cheering at the scene of the arrest of yet another little criminal. Finally, a real triumph in the digital age. Personal Data Sold on the Dark Web Though several criminals are being…

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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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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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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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Hacker Dupes Experty Subscribers to the Tune of $150,000 in Ethereum

Category: Commentary, Ethereum, News

Hacker Dupes Experty Subscribers to the Tune of $150,000 in Ethereum

Reports alleging a hack involving the Experty initial coin offering (ICO) in which hackers made off with an excess of $150,000 are now surfacing. Successful Phishing Attempt The hacker successfully managed to trick people into sending ether funds to a wrong address. Users that had signed up for notifications related to the ICO received an email stating that they could…

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Bitcoin Wallets and Exchanges: Haven for Cybercriminals?

Category: Bitcoin, News, Regulation

Bitcoin Wallets and Exchanges: Haven for Cybercriminals?

It is widely known that Bitcoin has enjoyed immense popularity with underground crime markets because of the anonymity associated with financial transactions. Despite becoming mainstream for traditional businesses and everyday consumer commerce, crypto’s nefarious use remains strong, with ransomware and other criminal actors brazenly seeking to extort payment in bitcoin and underground markets now utilizing a variety of cryptocurrencies. The…

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