Suspect in scheme to breach major Twitter accounts is now charged with hacking crypto executives

Federal prosecutors on Wednesday unsealed an indictment against a 22-year-old British man accused of stealing $784,000 in cryptocurrency from a Manhattan-based holding company. U.S. attorneys in the Southern District of New York say Joseph James O’Connor and his associates SIM-swapped three executives between March and May in 2019 at a company that maintained cryptocurrency wallet infrastructure for various international exchanges. SIM-swapping occurs when an attacker takes control of a victim’s phone number by linking the number to a device controlled by the attacker. CyberScoop could not immediately locate an attorney for O’Connor. The operation netted the group various amounts of litecoin, ethereum, and bitcoin totaling roughly $784,000. The indictment, originally filed on Aug. 25, charges O’Connor with conspiracy to commit computer hacking, conspiracy to commit wire fraud, aggravated identity theft and conspiracy to commit money laundering. O’Connor — also known as “PlugWalkJoe” — was arrested in Spain in July after […]

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Hackers steal $32 million from Japanese cryptocurrency exchange Bitpoint

Trading crypto currency may land you a fortune overnight, but there are plenty of risks involved. Like forgetting the password to your wallet. Or someone hacking your computer to steal your funds. Or having your exchange hacked. In the case of Bitpoint… Continue reading Hackers steal $32 million from Japanese cryptocurrency exchange Bitpoint

How a cryptocurrency-destroying bug almost didn’t get reported

A researcher recently revealed how he found a bug that could have brought the fourth largest cryptocurrency to its knees – and how he was almost unable to report it. Continue reading How a cryptocurrency-destroying bug almost didn’t get reported

Craig Wright Isn’t Mad, He’s Actually Laughing After Public Beef at Blockchain Conference

nChain chief scientist and would-be Satoshi Nakamoto Craig Wright walked off of a panel flanked by personal security after a confrontation with LightningASIC CEO Jack Liao. Continue reading Craig Wright Isn’t Mad, He’s Actually Laughing After Public Beef at Blockchain Conference

Ethereum Founder Vitalik Buterin Is Beefing With the Guy Who Claimed to Be Satoshi Nakamoto

Buterin called Craig Wright a “fraud” at the 2018 Deconomy conference, and Wright shot back. Continue reading Ethereum Founder Vitalik Buterin Is Beefing With the Guy Who Claimed to Be Satoshi Nakamoto

Website Glitch Let Me Overstock My Coinbase

Overstock.com (NASDAQ:OSTK) just fixed a serious glitch in the Coinbase bitcoin payment section of its site that allowed customers to buy any item at a tiny fraction of the listed price. Potentially more punishing, the flaw let anyone paying with bitcoin reap many times the authorized bitcoin refund amount on any canceled orders. Continue reading Website Glitch Let Me Overstock My Coinbase