Archive for the ‘cryptocurrency’ Category

Ethereum Classic (ETC) Hit by Double-Spend Attack Worth $1.1 Million

January 8th, 2019
Popular cryptocurrency exchange Coinbase has suspended all transactions of Ethereum Classic (ETC)—the original unforked version of the Ethereum network—on their trading platforms, other products and services after detecting a potential attack on the cryptocurrency network that let someone spend the same digital coins twice. Why is this attack concerning? The heist resulted in the loss of $1.1

Posted in Blockchain, cryptocurrency, cryptocurrency exchange, Cyber Attack, Double Spend Attack, ethereum, Ethereum Classic, Hacker News, hacking news | Comments (0)

SEC fines two celebrities for undisclosed cryptocurrency shilling

November 29th, 2018
Floyd Mayweather Jr. in 2014.

Enlarge / Floyd Mayweather Jr. in 2014. (credit: Ethan Miller/Getty Images)

One of the strangest episodes in last year's insane cryptocurrency boom was when boxer Floyd Mayweather posted an Instagram endorsement for a little-known cryptocurrency called Centra. In April, Centra's founders were indicted for fraud, with the SEC saying many of their claims were "simply false."

In the summer of 2017, Mayweather wrote in an Instagram post that he was "spending bitcoins and ethereum and other types of cryptocurrency in Beverly Hills with my Titanium Centra Card." He urged his millions of followers to "join Centra's ICO on Sept. 19th."

Another Mayweather post promoting a different cryptocurrency said "You can call me Floyd Crypto Mayweather from now on."

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Posted in Centra, cryptocurrency, Floyd Mayweather, Policy, SEC | 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)