Archive for the ‘cryptocurrency exchange’ Category

Binance Confirms Hacker Obtained Its Users’ KYC Data from 3rd-Party Vendor

August 26th, 2019
As suspected, the KYC details of thousands of Binance's customers that hackers obtained and leaked online earlier this month came from the company's third-party vendor, Malta-based cryptocurrency exchange Binance confirmed. For those unaware, Binance, the world's largest cryptocurrency exchange by volume, hit by a "Potential KYC leak" earlier this month, with an unknown hacker distributing

Posted in Binance, bitcoin, cryptocurrency, cryptocurrency exchange, cryptocurrency hacking, cryptocurrency wallets, Cyber Crime, hacking news, KYC data, personal data | Comments (0)

Binance KYC Data Leak — Crypto Exchange Sets $290,000 Bounty On Blackmailer

August 7th, 2019
Malta-based cryptocurrency exchange Binance has become a victim of a ransom demand from a scammer who claimed to have hacked the KYC (Know Your Customer) data of thousands of its customers. The unknown attacker threatened the world's largest cryptocurrency exchange by volume to release KYC information of 10,000 users if the company did not pay 300 Bitcoins—that's equivalent to almost $3.5

Posted in Binance, cryptocurrency, cryptocurrency exchange, data breach, data leaked, hacking news, Privacy | Comments (0)

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

May 14th, 2019
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 significant decline the following year. But beyond the ups and downs in the market for the world's largest cryptocurrency is a much more sinister

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

May 8th, 2019
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 discovered a "large scale security breach" earlier on May 7, as a result of which hackers were able to steal roughly 7000 bitcoins, which worth 40.6

Posted in Binance, bitcoin, Bitcoin exchange, cryptocurrency, cryptocurrency exchange, cryptocurrency hacking, cyber security, data breach, hacking news, security breach | Comments (0)

Hackers Steal $19 Million From Bithumb Cryptocurrency Exchange

March 30th, 2019
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 managed to compromise a number of Bithumb's hot EOS and XRP wallets and transferred around 3 million EOS (~ $13 million) and 20 million XRP (~

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Critical Zcash Bug Could Have Allowed ‘Infinite Counterfeit’ Cryptocurrency

February 6th, 2019
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… like a never-ending source of money. Launched in October 2016, Zcash is a privacy-oriented cryptocurrency that claims to be more anonymous

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

February 4th, 2019
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 with access to the company’s offline wallet, founder of the cryptocurrency exchange, is dead. Following the sudden death of Gerry Cotten,

Posted in bitcoin, cryptocurrency, cryptocurrency exchange, cryptocurrency market, cryptocurrency mining, Cryptocurrency scam, exit scam, QuadrigaCX | Comments (0)

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

February 4th, 2019
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 dollars in cryptocurrency from around 40 victims using a method commonly known as "SIM swapping," which typically involves fraudulently porting of

Posted in cryptocurrency, cryptocurrency exchange, cryptocurrency malware, Cyber Attack, Sim Card Cloning, Sim hacking, SIM Swapping, SIM Swapping Attacker, SIM Swapping Hacker | Comments (0)

StatCounter Analytics Code Hijacked to Steal Bitcoins from Cryptocurrency Users

November 8th, 2018
Late last week an unknown hacker or a group of hackers successfully targeted a cryptocurrency exchange with an aim to steal Bitcoins by compromising the web analytics service it was using. ESET malware researcher Matthieu Faou this weekend spotted malicious JavaScript code on up to 700,000 websites that were bundled with the traffic tracking code from the leading web analytics platform

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