Hackers Behind WannaCry Ransomware Withdraw $143,000 From Bitcoin Wallets

The cyber criminals behind the global WannaCry ransomware attack that caused chaos worldwide have finally cashed out their ransom payments.

Nearly three months ago, the WannaCry ransomware shut down hospitals, telecom providers, and many businesses wo… Continue reading Hackers Behind WannaCry Ransomware Withdraw $143,000 From Bitcoin Wallets

How Hackers Cash Out Thousands of Bitcoins Received in Ransomware Attacks

Digital currencies have emerged as a favourite tool for hackers and cyber criminals, as digital currency transactions are nearly anonymous, allowing cyber criminals to use it in underground markets for illegal trading, and to receive thousands of dollars in ransomware attacks—WannaCry, Petya, LeakerLocker, Locky and Cerber to name a few.

Also, every other day we hear about some incidents of

Continue reading How Hackers Cash Out Thousands of Bitcoins Received in Ransomware Attacks

Bitcoin Exchange Operator Arrested For $4 Billion Money Laundering Scheme

Greek police have arrested a Russian man who is believed to have been the operator of the popular BTC-e Bitcoin exchange on charges of laundering more than $4 billion in bitcoin for culprits involved in hacking attacks, tax fraud and drug trafficking.

A United States jury indicted 38-year-old Alexander Vinnik on Wednesday after his arrest in Greece on Tuesday at the request of US law

Continue reading Bitcoin Exchange Operator Arrested For $4 Billion Money Laundering Scheme

Largest Cryptocurrency Exchange Hacked! Over $1 Million Worth Bitcoin and Ether Stolen

One of the world’s largest Bitcoin and Ether cryptocurrencies exchanges Bithumb has recently been hacked, resulting in loss of more than $1 Million in cryptocurrencies after a number of its user accounts compromised.

Bithumb is South Korea’s largest c… Continue reading Largest Cryptocurrency Exchange Hacked! Over $1 Million Worth Bitcoin and Ether Stolen

Largest Cryptocurrency Exchange Hacked! Over $1 Million Worth Bitcoin and Ether Stolen

One of the world’s largest Bitcoin and Ether cryptocurrencies exchanges Bithumb has recently been hacked, resulting in loss of more than $1 Million in cryptocurrencies after a number of its user accounts compromised.

Bithumb is South Korea’s largest c… Continue reading Largest Cryptocurrency Exchange Hacked! Over $1 Million Worth Bitcoin and Ether Stolen

FBI is Investigating Theft of $1.3 Million in Bitcoin from a Massachusetts Man

Over two months ago, the world’s third largest Bitcoin Exchange Bitfinex lost around $72 Million worth of Bitcoins in a major hack.

Shortly after the company encountered a $72,000,000 Bitcoin theft, an unnamed Bitfinex user from Cambridge, Massachuset… Continue reading FBI is Investigating Theft of $1.3 Million in Bitcoin from a Massachusetts Man

BlockChain.info Domain Hijacked; Site Goes Down; 8 Million Bitcoin Wallets Inaccessible

UPDATE: The site is back and working. Blockchain team released a statement via Twitter, which has been added at the end of this article.

If you are fascinated with the idea of digital currency, then you might have heard about BlockChain.Info.

It’s Down!

Yes, Blockchain.info, the world’s most popular Bitcoin wallet and Block Explorer service, has been down from last few hours, and it’s

Continue reading BlockChain.info Domain Hijacked; Site Goes Down; 8 Million Bitcoin Wallets Inaccessible

Warning — Bitcoin Users Could Be Targeted by State-Sponsored Hackers

Another day, another bad news for Bitcoin users.

A leading Bitcoin information site is warning users that an upcoming version of the Blockchain consolidation software and Bitcoin wallets could most likely be targeted by “state-sponsored attackers.”

R… Continue reading Warning — Bitcoin Users Could Be Targeted by State-Sponsored Hackers

Bitcoin Exchange Offers $3.5 Million Reward for Information of Stolen Bitcoins

Hong Kong-based Bitcoin exchange ‘Bitfinex’ that lost around $72 Million worth of its customers’ Bitcoins last week is now offering a reward of $3.5 Million to anyone who can provide information that leads to the recovery of the stolen Bitcoins.

Bitfinex revealed on August 2 that the cryptocurrency exchange had suffered a major security breach, which resulted in the loss of nearly 120,000 BTC

Continue reading Bitcoin Exchange Offers $3.5 Million Reward for Information of Stolen Bitcoins

Bitcoin Price Drops 20% After $72 Million in Bitcoin Stolen from Bitfinex Exchange

Yet another blow to Bitcoin: One of the world’s most popular exchanges of the cryptocurrency has suffered a major hack, leading to a loss of around $72 Million worth of Bitcoins.

Hong Kong-based Bitcoin exchange ‘Bitfinex’ has posted a note on their w… Continue reading Bitcoin Price Drops 20% After $72 Million in Bitcoin Stolen from Bitfinex Exchange