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

Cryptocurrency Hacks Still Growing — What Does That Mean for the Industry?

Though once synonymous with underground networks and black hat hackers, bitcoin and other cryptocurrencies have gone mainstream over the past two years.

In 2017, we saw the skyrocket of bitcoin to an all-time high of close to $20,000 followed by a sig… Continue reading Cryptocurrency Hacks Still Growing — What Does That Mean for the Industry?

$40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

Binance, one of the world’s biggest cryptocurrency exchanges by trading volume, says that it has suffered a security breach that saw hackers steal more than $40 million worth of Bitcoin. A statement issued by the company says that it discovered t… Continue reading $40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

Binance Hacked — Hackers Stole Over $40 Million Worth Of Bitcoin

Binance, one of the largest cryptocurrency exchanges in the world, confirmed today that the company lost nearly $41 million in Bitcoin in what appears to be its largest hack to date.

In a statement, Binance’s CEO Changpeng Zhao said the company discov… Continue reading Binance Hacked — Hackers Stole Over $40 Million Worth Of Bitcoin

A wave of regulation is coming to the cryptocurrency economy

There is a concerning trend of cross-border crypto payments leaving U.S. exchanges and entering offshore and untraceable wallets, a CipherTrace report reveals. In the twelve months ending March 2019, crypto transfers from U.S. exchanges to offshore exc… Continue reading A wave of regulation is coming to the cryptocurrency economy

Hackers Steal $19 Million From Bithumb Cryptocurrency Exchange

Hackers yesterday stole nearly $19 million worth of cryptocurrency from Bithumb, the South Korea-based popular cryptocurrency exchange admitted today.

According to Primitive Ventures’ Dovey Wan, who first broke the information on social media, hackers… Continue reading Hackers Steal $19 Million From Bithumb Cryptocurrency Exchange

Critical Zcash Bug Could Have Allowed ‘Infinite Counterfeit’ Cryptocurrency

The developers behind the privacy-minded Zcash cryptocurrency have recently discovered and patched a highly dangerous vulnerability in the most secretive way that could have allowed an attacker to coin an infinite number of Zcash (ZEC).

Yes, infinite…… Continue reading Critical Zcash Bug Could Have Allowed ‘Infinite Counterfeit’ Cryptocurrency

Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password

QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million (nearly USD 145 million) worth of cryptocurrency after the exchange lost access to its cold (offline) storage wallets.

Reason? Unfortunately, the only person … Continue reading Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password

First Hacker Convicted of ‘SIM Swapping’ Attack Gets 10 Years in Prison

A 20-year-old college student who stole cryptocurrency worth more than $5 million by hijacking victims’ phone numbers has pleaded guilty and accepted a sentence of 10 years in prison.

Ortiz was arrested last year on charges of siphoning millions of do… Continue reading First Hacker Convicted of ‘SIM Swapping’ Attack Gets 10 Years in Prison

New Mac malware steals cookies, cryptocurrency and computing power

A new piece of Mac malware is looking to steal both the targets’ computing power and their cryptocurrency stash, Palo Alto Networks researchers warn. About the CookieMiner malware Dubbed CookieMiner on account of its cookie-stealing capabilities,… Continue reading New Mac malware steals cookies, cryptocurrency and computing power