Category Archives: cryptocurrency exchange

Beware fake Android cryptocurrency trading apps on Google Play

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Two phishing apps that were made to look like the official app of popular cryptocurrency exchange Poloniex have been booted off Google Play after ESET researchers notified Google of their existence. About the removed apps The miscreants have used the Poloniex logo and visual identity to create the illusion of a legitimate app, but have also taken advantage of the fact that the exchange never released an official mobile app. The more popular of the … More → Continue reading Beware fake Android cryptocurrency trading apps on Google Play→

Here’s How Hackers Can Hijack Your Online Bitcoin Wallets

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Researchers have been warning for years about critical issues with the Signaling System 7 (SS7) that could allow hackers to listen in private phone calls and read text messages on a potentially vast scale, despite the most advanced encryption used by c… Continue reading Here’s How Hackers Can Hijack Your Online Bitcoin Wallets→

Russian arrested, indicted for laundering funds from Mt. Gox hack

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Alexander Vinnik, a Russian man arrested on Tuesday in Greece, is allegedly the operator of digital currency exchange BTC-e, through which funds from the Mt. Gox bitcoin exchange hack have been laundered. According to “an unofficial independent investigation into Mt. Gox” by a number of individuals, Vinnik might also possibly be the perpetrator of the hack, and the group has shared a short summary of how they believe the theft was executed. For the moment, … More → Continue reading Russian arrested, indicted for laundering funds from Mt. Gox hack→

Hacker Steals $8.4 Million in Ethereum (4th Heist In A Month)

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More Ethereum Stolen!

An unknown hacker has just stolen nearly $8.4 Million worth of Ethereum – one of the most popular and increasingly valuable cryptocurrencies – in yet another Ethereum hack that hit Veritaseum’s Initial Coin Offering (ICO).

This incident marks as the fourth Ethereum hack this month and second cyber attack on an ICO, following a theft of $7 Million worth of Ether tokens

Continue reading Hacker Steals $8.4 Million in Ethereum (4th Heist In A Month)→

South Korean bitcoin exchange hacked, user accounts plundered

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Bithumb, a South Korean bitcoin and ether exchange, has suffered a data breach that resulted in customer losses potentially reaching billions of South Korean won (currently, a billion won is equivalent to some 870,000 US dollars). The breach According to Brave New Coin, Bithumb discovered the breach on June 29 and reported it the day after to the authorities: the Korea Communications Commission, the Korea Internet & Security Agency, and the Supreme Prosecutors’ Office. The … More → Continue reading South Korean bitcoin exchange hacked, user accounts plundered→

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

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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

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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→

$77 million in Bitcoin stolen from Bitfinex exchange

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Popular Hong Kong-based cryptocurrency exchange Bitfinex has suffered a security breach that resulted in the theft of millions’ worth of Bitcoin. 119,756 BTC, to be exact, which amounts to some $77 million – or did, before news of the hack spread and resulted in a 20 percent drop of the price of Bitcoin. Bitfinex still doesn’t know how the attack was pulled off, and is collaborating with law enforcement on the investigation into what happened. … More → Continue reading $77 million in Bitcoin stolen from Bitfinex exchange→