Tag Archives: Hacking

Another day, another DeFi hack. Pickle Finance just announced that funds deposited in one of its smart contracts were stolen by a hacker hours ago.The team is still investigating how exactly the hacker stole approximately $20 million in funds. Their wallet is still “dormant” and has not started the “money laundering” phase that tends to follow every hack.And if a hack was not enough, Pickle Finance’s token (PICKLE) crashed after the news spread, losing almost 58% in a matter of hours.Pickle...

If you have some Bitcoin in your wallet – and you live in Brazil – you can attack your country’s electoral infrastructure and bring the public institutions to their knees while people express their anguish as they wait for the results of a critical election to measure the leadership of the current president, deemed the Donald Trump of South America. Last weekend, Brazil had its municipal elections. More than 57,000 new council members were elected (the exact number has not...

A group of researchers has located a new type of ransomware attack called Pay2Key executed against several Israeli and European companies. The perpetrators have requested the ransom to be paid with bitcoins, which the researchers have followed the funds to an Iranian cryptocurrency exchange. A New Ransomware Attack On Israeli And European Firms The updated research from the cybersecurity company CheckPoint reveals several that firms based in Israel have complained about being...

Over a month after being hacked and drained for nearly $300 million worth of various cryptocurrencies, the popular exchange KuCoin has recovered 84% of all funds. The company’s CEO also indicated that they will resume full service for all tokens by November 22nd. KuCoin Recovers 84% Of All Stolen Funds As CryptoPotato reported in late September, the cryptocurrency exchange KuCoin experienced a “security incident,” which resulted in the loss of millions of dollars worth of...

A few days ago, a mysterious Twitter user claimed to have found the magic formula to crack Monero. Fireice_UK shared a web address that “revealed” personal information of several Monero users, even including their sexual preferences. “Anonymous” cryptocurrency #Monero broken. https://t.co/M2tDXFzpLb You can now check how many paedophiles thought it is private today. 100 new IP addresses, transaction details and user’s porn preferences published every day.#SaveTheChildren...

A recent report examining the number of successful hacks on blockchain networks, exchanges, and even wallets concluded that attackers had stolen more than $13 billion in the past eight years. The paper noted that the EOS network had experienced the most breaches, while the malicious actors have taken the most funds from wallets. 330 Blockchain Attacks; 2019 Was A Record-Breaker The document compiled by the VPN provider Atlas VPN reads that the total amount of attacks on...

One of the most popular blockchain projects, TRON, had undergone an attack by a malicious contract earlier today. Company CEO Justin Sun detailed the events in a recent tweet, reassuring users and developers that the system and all assets are “absolutely safe.” TRON’s Mainnet Attacked TRON’s founder and CEO took it to Twitter to explain what transpired on the network. He said that during a routine 4.1 version upgrade period, the mainnet “was attacked by a malicious contract...

The popular cryptocurrency lending service Cred has announced that it has temporarily suspended all funds inflows and outflows. Without disclosing many details, the platform said it’s cooperating with law enforcement authorities to investigate an incident. Cred Suspends Deposits And Withdrawals The United States-based crypto lending platform, which recently announced joining Visa’s fast track program, updated its customers on Twitter regarding the latest troubling...

In what seems to be a case of black hat hackers masquerading as the internet’s self-professed Robin Hoods, two charitable organizations have received mysterious bitcoin donations from a cybercriminal group. The generous gesture is worth 0.88 BTC (around $10,000), with the donating hackers wanting to “make the world a better place.” Hacking Corporations To Give Back To The Society? As per the latest report published by BBC, this altruistic act of benevolence coming from online...

The deadline for submitting a rehabilitation plan for reimbursing Mt. Gox creditors has been delayed once more – this time to December 15th, 2020. As CryptoPotato reported before, the Tokyo District Court had issued an order indicating that the submission deadline was until October 15th.  Nobuaki Kobayashi, the Mt. Gox rehabilitation trustee who has been designing the plan for more than a year, announced the delay earlier today.  The statement reads that as “there are...