Investigators uncover crypto scammers baiting ‘phish’ hooks on YouTube

A report reveals a new network of malefactors in the lucrative crypto fraud market using videos, channels and web apps.
The post Investigators uncover crypto scammers baiting ‘phish’ hooks on YouTube appeared first on TechRepublic.
Continue reading Investigators uncover crypto scammers baiting ‘phish’ hooks on YouTube

Suspicious withdrawals were indeed a ‘security incident,’ $30M stolen, Crypto.com says

Crypto.com has confirmed that more than $30 million in cryptocurrency was stolen from some of its users earlier in the week, ending several days of confusion over what exactly happened during what the company is labeling a “security incident.” The hack affected the wallets of 483 users, with the thieves aiming for 4,836.26 in ether (about $15 million), 443.93 in bitcoin (roughly $18 million) and approximately “$66,200 in other currencies,” Crypto.com said in a report Thursday. All of those funds have been restored, the company said. “No customers experienced a loss of funds,” the report said. “In the majority of cases we prevented the unauthorized withdrawal, and in all other cases customers were fully reimbursed.” Crypto.com did not specify who the crooks might be, or where the attack originated. But in describing the incident,  it pointed to a now-remediated soft spot in its user authentication process. Risk monitoring systems had […]

The post Suspicious withdrawals were indeed a ‘security incident,’ $30M stolen, Crypto.com says appeared first on CyberScoop.

Continue reading Suspicious withdrawals were indeed a ‘security incident,’ $30M stolen, Crypto.com says

Video: Blockchain Hacking for Investigating Cryptocurrencies

Video and Slide Deck from EH-Net Live! Oct 2018
Follow the money. Be it business, politics or crime, this is a common method of trying to find out who’s involved and their motivations. In the world of cyber crime, bad actors use cryptocurrencies for th… Continue reading Video: Blockchain Hacking for Investigating Cryptocurrencies

Webinar: Blockchain Hacking for Investigating Cryptocurrencies on Oct 24 2018

Register Now to Learn Blockchain Hacking Step-by-Step!
Nick Furneaux, forensics trainer, investigator & author of “Investigating Cryptocurrencies” takes you through a journey of code and tools to unpick the movement of illegal funds through the blo… Continue reading Webinar: Blockchain Hacking for Investigating Cryptocurrencies on Oct 24 2018

Book Review: Investigating Cryptocurrencies

As the saying goes, “Follow the money.” Regardless of one’s philosophical argument on the merits of a decentralized currency controlled by the masses and not a single government entity, criminals are utilizing the technology to their … Continue reading Book Review: Investigating Cryptocurrencies

Amazon DNS service server hijacked for $152,000 Ether theft

Hackers made off with about $152,000 worth of Ether on Tuesday in an attack that exploited weaknesses in the internet’s infrastructure to steal users’ cryptowallet keys. The hackers did so by exploiting a weakness in DNS servers serving MyEtherWallet, a cryptocurrency exchange. DNS is a service that connects domain names like myetherwallet.com to whatever IP address it’s hosted on. “This is not due to a lack of security on the [MyEtherWallet] platform. It is due to hackers finding vulnerabilities in public facing DNS servers,” the company wrote in a Reddit post. Hackers hijacked the DNS servers around noon UTC, the company said, and redirected user traffic to a replica of myetherwallet.com hosted on a Russian server. The actual exploit was through the Border Gateway Protocol (BGP), explains security researcher Kevin Beaumont. BGP is the system that actually directs traffic to a website. MyEtherWallet noted in the Reddit post that, because users were rerouted to a phishing […]

The post Amazon DNS service server hijacked for $152,000 Ether theft appeared first on Cyberscoop.

Continue reading Amazon DNS service server hijacked for $152,000 Ether theft