Report says cyber-crime driving demand for crypto laundering
Historically, the pace of technological innovation has often left institutions struggling to adapt fast enough, and the same is now proving true with cryptocurrency.
Ether wallet hack exploited weakness in the internet’s infrastructure
The rerouting of user traffic to Myetherwallet which led to $150,000 of cryptocurrency being taken from customer wallets may not have been the most significant hack in crypto terms but it certainly is notable for its meticulous execution.
Why distressed digital exchanges are ideal takeover targets
Coincheck and Poloniex, the recently-hacked crypto exchanges that lost millions to cyber theft, were recently acquired by other financial companies, one of them a listed Japanese firm. Are distressed crypto exchanges becoming attractive acquisition targets?
NEM hack returns security spotlight to crypto infrastructure
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.
Stopping DDos attacks with blockchain
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.
MtGox, BTC-e, and the Missing Coins: A living timeline of the greatest cyber crime ever
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.
Bank customers extorted for ten percent of balances
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.
Hacker holds San Francisco railway to ransom, demands 100 bitcoins
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([email protected])ID:681” appearing on MUNI agents’ computer screens.
Bitfinex hacked, halts trading, deposits and withdrawals
Earlier today, Bitfinex announced a security breach requiring them to halt all trading, deposits, and withdrawals on the Hong Kong-based bitcoin exchange.
Modern day Robin Hood bank robber donated 25 Bitcoins to help fight ISIS
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.
Coinbase responds to white hat bounty complaint
A white hat hacker has publicly voiced their concerns regarding the Coinbase exchange bug bounty program. The company CEO has responded to the complaint by offering further transparency.
Samsung Attack Highlights Bitcoin’s Advantages
[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.
BitStamp Hack Result of Phishing Attack says Leaked Internal Report
In January, the hot wallet of the popular European exchange BitStamp was hacked and over 5,000 BTC, about $5 million, was stolen. The story quickly made the media rounds, tainting the exchange’s, and Bitcoin’s, start to the new year.
Bitfinex Hacked: Users Urged to Change Deposit Addresses
Bitcoin's largest dollar-based exchange has been hacked, and it's active-trading wallet has been emptied.
Exchanges Under Attack
During the past week 6 exchanges have experienced hacks or losses, some losing large amounts of Bitcoin.
Blockchain.info Bug Exposes Users Private Keys
A bug caused by developers at the worlds most popular online bitcoin wallet provider compromised the private keys for addresses generated and used during a time period of several hours.
