Hackers

Report: Misconfigured Ethereum Clients Have Resulted in Hack of Around $20 Mln

2 months ago admin2 Comments Off on Report: Misconfigured Ethereum Clients Have Resulted in Hack of Around $20 Mln
About $20 mln worth of Ethereum have reportedly been stolen by a group of hackers, exploiting misconfigured Ethereum clients, according to a Bleeping Computer article published June 11. The hackers were able access applications using the Ethereum software which configured their interface to expose a Remote Procedure Call (RPC). The RPC interface allows third parties Read More

Confirmed: Monex Group To Acquire Coincheck

4 months ago admin2 Comments Off on Confirmed: Monex Group To Acquire Coincheck
Japanese financial services provider Monex Group announced that it will acquire 100 percent of shares of Coincheck Inc., according to a Monex press release April 6. The execution of share acquisition is planned for April 16 at a price of 3.6 bln yen ($33.5 mln). The acquisition price is calculated from the net asset estimate Read More

Cryptocurrency Verge Responds To Hacking Claims By Launching ‘Accidental Hard Fork’

4 months ago admin2 Comments Off on Cryptocurrency Verge Responds To Hacking Claims By Launching ‘Accidental Hard Fork’
Anonymity-focused cryptocurrency Verge (XVG) lost 25% of its value April 4 as news surfaced of an apparent hack which developers ‘resolved’ by accidentally initiating a hard fork. According to various press and social media sources, including Verge developer known as Sunok, a bug allowed manipulation of block mining timestamps. This created the potential for illegitimate Read More

Story of Coincheck: How to Rebound After the ‘Biggest Theft in the History of the World’

4 months ago admin2 Comments Off on Story of Coincheck: How to Rebound After the ‘Biggest Theft in the History of the World’
Those who held Bitcoin through the Mt. Gox hack of 2014 experienced one of the most tumultuous times in cryptocurrency history, having seen some of the darkest days in the ecosystem. However, Mt. Gox has been overtaken as the biggest single exchange hack with Coincheck, also a Japanese exchange, taking the title. While thieves walked Read More

Over $6.2 Mln In Crypto Assets Lost To Fraud, Hacks In Japan Last Year

5 months ago admin2 Comments Off on Over $6.2 Mln In Crypto Assets Lost To Fraud, Hacks In Japan Last Year
Over $6.2 mln (662.4 mln yen) of cryptocurrency was lost in 2017 due to fraud and theft, according to statistics released from Japan’s National Police Agency (NPA), local news outlet Nikkei reports today, March 22. This number does not include the over $500 mln hack of NEM from Japanese crypto exchange Coincheck in late January. Read More

McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector

5 months ago admin2 Comments Off on McAfee Suspects North Korea In Recent Cyberattack On Turkish Financial Sector
North Korean hackers are suspected in a cyberattack on Turkey’s financial sector, as stated in a report released by McAfee March 8. The McAfee Advanced Threat Research team identified an attempt by the hacking group Hidden Cobra to breach the security of Turkish government-backed financial institutions on March 2 and 3. While McAfee policy is Read More

Binance Reverses Irregular Trades, Resumes Trading Amidst Community Confusion About Hack

5 months ago admin2 Comments Off on Binance Reverses Irregular Trades, Resumes Trading Amidst Community Confusion About Hack
The largest crypto exchange by trading volume, Binance, was hacked this morning, March 7. Numerous concerned users took to Reddit and Twitter, and started complaining that their altcoins had been converted into Bitcoin without their permission, many of them not even logged into their accounts. “Same happened to me. I had 100% USDT worth $1548. Read More

Contentious Ethereum Fund Recovery Proposal Continues To Spark Debate

6 months ago admin2 Comments Off on Contentious Ethereum Fund Recovery Proposal Continues To Spark Debate
The Ethereum Improvement Proposal (EIP) that led to the resignation of an EIP editor over his personal legal concerns has been closed, but an identical proposal has been reopened on Github to relatively negative fanfare. The original EIP proposal #867 was introduced by Musiconomi developer Dan Phifer as an option for how to more easily Read More

Victim Turned Lawmaker Takes Action To Protect Consumers From Identity Theft

6 months ago admin2 Comments Off on Victim Turned Lawmaker Takes Action To Protect Consumers From Identity Theft
By Shaun Boyd DENVER (CBS4)– Colorado could become a model for preventing identity theft under a bill at the state Capitol. The sponsor of the bill is a victim of identity theft himself. “A couple years ago. I got a letter from Internal Revenue Service that my Social Security number, my wife’s and all three Read More

Coincheck: Stolen $534 Mln NEM Were Stored On Low Security Hot Wallet

7 months ago admin2 Comments Off on Coincheck: Stolen $534 Mln NEM Were Stored On Low Security Hot Wallet
Japanese cryptocurrency exchange Coincheck, one of the largest in the country, was the victim of a massive hack resulting in a loss of 523 mln NEM coins, worth approximately $534 mln. The coins were stolen via several unauthorized transactions from a hot wallet at 3:00 am local time on Friday, Jan. 26. Following the hack, Read More