Archive for the ‘cryptocurrency exchange’ Category

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

Posted in bitcoin, cryptocurrency, cryptocurrency exchange, Cyber Attack, hacking news, statcounter, web analytics service | Comments (0)