Wednesday, July 15th, 2020, will forever be remembered as the day Twiter became a puppet in the hands of a mischievous hacker.Twitter was hacked. And the accounts of some of the most prominent people in crypto and the world were compromised and used to steal Bitcoin in giveaway scams.Experts Share Their OpinionsAlthough the micro-blogging platform has regained control and is currently investigating the matter, industry experts are still sharing their thoughts and opinions about the...
Read More »US Congressman Defends Bitcoin Following the Twitter Fiasco
Yesterday’s fake Bitcoin giveaway scam on Twitter unleashed a series of events and comments from prominent figures. While some spoke against the popular social media platform, others against BTC, a US Congressman stood behind the primary cryptocurrency and blamed it on “centralized control.”US Congressman: Bitcoin Isn’t The ProblemAs yesterday’s Twitter hack, which unfolded like a typical fake Bitcoin giveaway scam, continues to raise attention throughout the world, US congressman Tom Emmer...
Read More »TRON’s Justin Sun Offers $1 Million Bounty Following The Twitter Hack
It’s not often the tech, crypto, political, and celebrity worlds converge, but that’s exactly what happened on July 15 after a bitcoin giveaway scam replicated across dozens of major Twitter accounts. From billionaires to entrepreneurs, and from crypto traders to exchanges, high-profile accounts of all kinds were targeted in an audacious hack that’s left Twitter reeling.Names such as Binance, Coinbase, Kanye West, Elon Musk, Joe Biden, Jeff Bezos, and Warren Buffet all had their accounts...
Read More »Breaking Down Twitter’s Hack: Blaming Bitcoin, Hidden Messages and Insiders
The news broke yesterday on the Twitter scam that targeted some of the biggest accounts in the cryptocurrency industry.It turns out that the crypto field was not the target, but Bitcoin was the preferred means of payment for the hackers. As CryptoPotato reported, multiple accounts were hacked with a message promising that if users sent BTC a particular address, they would get a 2:1 return.On-chain data analytics provider Crypto Quant has broken down some of the key findings so far, including...
Read More »Bitcoin Gold Developers Prevent Illicit BTG Network Takeover (51% Attack)
The Bitcoin Gold network reportedly underwent a ‘long-chain attack,’ also known as a 51 percent attack. But the development team claims that it promptly fended off the hostile takeover. The team also supplied mining pools and crypto exchanges with the latest version of BTG Core.Bitcoin Gold Dev Team Thwarts Network Takeover AttemptOn Friday, July 10, the Bitcoin Gold team detected an ‘extremely long chain of over 1300 blocks’. The attackers had been mining this counterfeit chain since July 1...
Read More »Hackers Exploit Vulnerability in Ravencoin Protocol to Mint 315 Million Fake RVN Coins
Ravencoin is the latest altcoin project to suffer an inflation bug, after discovering an attack that saw rogue actors mint 315 million counterfeit RVN tokens. Ravencoin Suffers Inflation BugThe Ravecoin network announced the news of the attack via a Medium blog post on Thursday (July 2, 2020). According to the post, the CryptoScope team alerted Ravencoin to the incident. Both teams worked together not to release particulars of the vulnerability to prevent copycat attacks. Rogue actors were...
Read More »Eastern European Hackers Responsible For $200M Worth Of Stolen Cryptocurrency
An unknown cybercriminal group from Eastern Europe has stolen nearly $200 million from cryptocurrency exchanges based primarily in the US, Japan, and Israel, a report revealed.Eastern European Hackers Group Steals $200MAccording to the report citing the research compiled by the cybersecurity firm ClearSky, the unknown group – referred to as “CryptoCore” – has frequently been hacking digital asset exchanges since mid-2018 to present day.The research outlined that the continuous rise of digital...
Read More »Hacking Group REvil Threatens To Leak Information On LeBron James, Nicki Minaj, And Mariah Carey
After hacking a major New York-based law firm, the cryptocurrency-demanding hacking group called REvil has threatened to auction off sensible documents starting from July 1st of celebrities such as LeBron James, Mariah Carey, and Nicki Minaj.REvil To Sell Stolen Documents?CryptoPotato reported in mid-May that the infamous hackers’ group attacked a law firm called Grubman Shire Meiselas & Sacks representing numerous celebrities and large companies in the entertainment business. REvil...
Read More »The Mystery Unveiled: The Exchange That Sent The $5 Million Ethereum Fees Transactions
A popular blockchain security company finally revealed who was the sender of last week’s Ethereum transactions with abnormally high fees.Reportedly, it’s a small South Korean cryptocurrency exchange that pays little to no attention to its security protocols.The BackstoryLast week, CryptoPotato reported on two transactions with abnormally high fees that took place on Ethereum’s network. Both of them were sent out from the same address. The first carried 0.55 ETH and paid a fee of 10,668 ETH,...
Read More »Was Craig Wright Behind the Mt. Gox Hack In 2014?
According to Samson Mow, Chief Strategy Officer of Blockstream, Craig Wright’s lawyers have been sending out letters regarding Craig Wright’s Tulip Trading Limited revealing that access to two of Wright’s Bitcoin addresses has been compromised.This puzzling assertion comes amid a legal battle between Wright and the Kleiman estate, during which Wright has claimed that he is Satoshi Nakamoto, inventor of Bitcoin, but will not pay the Kleiman estate the 1.1 million Bitcoin which they feel they...
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