Latest articles tagged:

Hack

1902, 2018

NEM hack returns security spotlight to crypto infrastructure

|19 Feb 2018|News|

After the Coincheck exchange hack and admissions by its management of remarkably lax security, questions are again being asked about whether the security infrastructure around cryptocurrencies is as secure as it ought to be — and what can be done to prevent further large-scale thefts.

2610, 2017

Stopping DDos attacks with blockchain

|26 Oct 2017|News|

In a recent report released by multinational cybersecurity providers Kaspersky Lab, the duration and sophistication of DDoS attacks companies have faced so far in 2017 is increasing — with attacks on crypto infrastructure evolving in their sophistication. As the digital economy continues burgeoning, the need for increased cybersecurity is obvious.

1608, 2017

MtGox, BTC-e, and the Missing Coins: A living timeline of the greatest cyber crime ever

|16 Aug 2017|News|

This time a year ago, one might have been forgiven for thinking that Bitcoin had exhausted its fair share of newsworthy scandals. But the past several months have proven that this technology, although no longer nascent, shows no signs of becoming boring any time soon. With the recent hardfork and the creation of the first alt-bitcoin, Bitcoin Cash (BCH), the news of developments in the MtGox saga late last month was relegated to the status of mere background noise among media outlets covering the crypto space. This is understandable, given that increasingly few players in today’s crypto ecosystem have been around long enough to remember the theft, or to have been affected by it. However, for those who have been following Bitcoin since the earlier days, any progress in solving the mystery of the MtGox heist is still considered big news.

312, 2016

Bank customers extorted for ten percent of balances

|3 Dec 2016|News|

The clientele of a privacy-focused bank in the tiny European country of Liechtenstein, Valartis Bank, received an email on Wednesday demanding that ten percent of their account balances be liquidated and sent to a hacker, via Bitcoin.

2811, 2016

Hacker holds San Francisco railway to ransom, demands 100 bitcoins

|28 Nov 2016|News|

The San Francisco Municipal Railway (MUNI) has fallen victim to a ransomware attack. The entire ticketing system was taken offline on Friday evening, and stayed down all day Saturday, with the message: "You Hacked, ALL Data Encrypted. Contact For Key(cryptom27@yandex.com)ID:681” appearing on MUNI agents’ computer screens.

1905, 2016

Modern day Robin Hood bank robber donated 25 Bitcoins to help fight ISIS

|19 May 2016|News|

A self-described “ethical hacker,” who goes by the handle Phineas Phisher, is responsible for some of the highest-profile hacks on questionable organizations in internet history. Two of his previous targets were shady malware makers, assisting governments to spy on their own people. With the help of websites like Wikileaks, Phisher's hacks have illuminated dark corners of government around the world.

710, 2015

Samsung Attack Highlights Bitcoin’s Advantages

|7 Oct 2015|News|

[Samsung Pay](http://techcrunch.com/2015/08/13/samsung-launches-samsung-pay-in-the-u-s/) was recently released to the general public. On Oct 6, its centralized server LoopPay was breached by a group of Chinese hackers known as Codoso, or the [Sunshock group](http://www.cnbc.com/2015/10/07/new-york-times-digital-chinese-hackers-breached-looppay-a-contributor-to-samsung-pay.html), before the technology was even applied to the mobile processor.

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