helphelphlpA lot of cryptocurrency users were taken aback by the recent Cryptopia hack news. Although this exchange has always been the subject of some conspiracy theories regarding mismanagement and potential issues, there is no reason to think the team pulled an exit scam. In fact, it seems the Mandala exchange […]
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Cryptopia Confirms Hack yet Total Financial Losses Remain Unclear
The cryptocurrency industry is subject to a lot of attention by criminals and hackers. This has caused many problems in the past, yet also affects present proceedings. The latest victim in this regard is Cryptopia, one of the more prominent altcoin exchanges. After a recent incident, the team confirmed someone […]
Luas Website Hacker Demands a Bitcoin Ransom
Bitcoin often gets a very bad reputation because of its association with criminal activity. While no one can deny criminals have shown a clear bias toward cryptocurrencies, there is much more to Bitcoin than just that. Even so, a recent cyber attack affected the Luas website shows hackers aren’t done […]
Bitcoin Continues Descent to $3600 as Hackers Steal 200 BTC from Electrum Wallet
After a bounce-back last week to hit over $4,260, Bitcoin has continued having a lackluster week, dropping to $3,650. At press time, the currency was trading at $3,600 on Coinbase, Bitstamp, Kraken, and BitMEX. In the past six hours alone, the currency has lost $200 as the dismal end-of-year performance […]
Researchers Link NotPetya Outbreak and Kiev Power Grid Outage to one Hacking Group
Depending on how one looks at the world, coincidence is either a common thing or doesn’t exist at all. In the world of cyberthreats, it would seem the latter is the more common conclusion. New research shows the NotPetya ransomware attack, as well as a disruption of Ukraine’s power grid, […]
Biohacking Becomes a Booming Industry in Sweden
Sweden is proving to be a very interesting country, albeit for reasons people might no expect. It would appear a genuine “chip implant revolution” is taking the country by storm. Thousands of residents now have a microchip implanted under their skin to make their everyday lives slightly easier. Chip Implants […]
NEO Price Breaks Through $16 Level as dApp Hackathon Gets Support of KPN
Not too much is happening in the world of cryptocurrency right now, which is not entirely uncommon on a Sunday. There is nothing to be overly excited about, and it seems things will not improve in the near future either. The NEO price, for example, is effectively battling for control […]
Recently Hacked Bitcoin Exchange Bithumb Gets Sold for $353m
Cryptocurrency exchanges play an increasing role of importance in this growing industry. Not all exchanges have an unblemished record, as Bithumb suffered from a hack not that long ago. Despite this setback, the company is coming under new management. BK Global Consortium successfully purchased the platform and its technology for […]
3 Major South Korean Crypto Exchange Hacks to Date
South Korea plays an important role in the cryptocurrency world. Ever since China lost its dominant position, South Korea has become of the Asia’s biggest Bitcoin and altcoin trading hubs. That success comes with potential issues, as numerous exchanges have been hacked in the process. The following three examples represent […]
Zaif Cryptocurrency Exchange Shuns new Users Following $60m Hack
2018 has been quite interesting for cryptocurrency exchanges. A lot of companies saw a new influx of additional customers, whereas other platforms fell victim to severe hacks. Zaif, the most recently hacked major trading platform, is now suspending the registration of new user accounts. Zaif Shuts the Door on New […]
Facebook Hacked – What Information Was Compromised?
This Friday the Guardian reported that nearly 50 million users’ accounts were compromised. According to Facebook the breach was discovered on September 25th and patched two days later. However, the vulnerability allowed hackers to gain sensitive information about users’ accounts, such as photos, private conversations, and the ability to log […]
Hackers Mining Cryptos Using Leaked NSA Surveillance Tools, New Report Reveals
That the NSA could be spying on you is probably something you are aware of, and most probably even made peace with. However, what happens when the same tools used by the government fall on the wrong hands? They use them to mine cryptos. According to a new report released […]
IoT Hackers Could Hit a New Low By Targeting Water Supplies
By hacking into fleets of vehicles, cardiac devices, and baby heartbeat monitors, we thought IoT hackers had already hit a new low. Beyond manipulating our data or draining our bank accounts, hackers can cause irreversible damage to our health. So, perhaps it shouldn’t come as a surprise that the next […]
McAfee’s ‘Unhackable’ Crypto Wallet Hacked
When John McAfee described the Bitfi crypto wallet as unhackable, it quickly drew many people’s attention. For users in constant fear of having their crypto assets stolen by cybercriminals, it was reassurance. For computer experts, however, McAfee’s proclamation was taken as a challenge. Less than two months later, a number […]
One Year After the Bitfinex Hack, Cryptocurrency Has Become a More Robust Industry
It has been a very interesting year for cryptocurrency. Wild price fluctuations and regulatory developments have put a brand-new perspective on things. One would almost forget Bitfinex was hacked just over a year ago, forcing the company to issue IOU tokens and reduce user balances. The Bitfinex Hack: One Year […]
Hackers Briefly Mess up Waves’ DEX Public Launch
Decentralized exchanges hold a lot of promise. They represent a different method of exchanging value without too many central entities involved in the process. Even so, decentralized exchanges are not without their security flaws. The launch of Waves’ DEX exchange was marred by a brief incident, although the matter was […]
Lost Your Cryptos to Hackers? Not to Worry, There’s Insurance Now
Insurance companies cover all sectors of the economy, from the manufacturers to the financial industry and even personal property. They have, however, steered clear of the crypto industry, and with good reason. The unpredictability of the industry is comparable to none, from the volatile nature of cryptos which shed and […]
Privacy and Access: Meet “Eijah”, the Hacker Behind Promether
Cryptography inspires all types of people to create. One such creator is Eric Anderson, the founder of a decentralized privacy platform called Promether. He and his team are currently building a secure messaging system called Contact to run on top of this platform. Eric, known as “Eijah” in the hacker […]