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Tag Archives: security

Ethereum Classic Suffers Another 51% Attack, Buterin Suggests Switch to PoS

Ethereum Classic has been in the wars again with a second 51% attack within a week. This incursion has brought the security of the network under the spotlight again, though ETC prices remain largely unmoved at the time of writing.Earlier today, August 6, Etherchain.org tweeted that its Ethermine affiliated mining pool had disabled ETC pool payouts after more than 4,000 blocks had been reorganized.Today another large 51% attack occurred on the #ETC which caused a reorganization of over 4000...

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Alleged Teenage Twitter Hacker Reportedly Owns $3.3M Of Bitcoin

The latest twist regarding the notorious Twitter hack from July indicated that the 17-year old alleged mastermind of the entire operation owns over $3 million worth of Bitcoin. Graham Ivan Clark faces 30 criminal charges, and his bail was set at $725,000.Twitter Hacker Owns $3.3M Worth Of BTCAs CryptoPotato reported in mid-July, unknown perpetrators gained access to numerous accounts of famous individuals and companies on the social media giant Twitter.Although they initially targeted popular...

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The Bitcoin Giveaway Twitter Scam Caused By A Phone Spear-Phishing Attack

After the infamous Twitter hack in mid-July, the social media giant has published a new update on its investigation, informing that the perpetrators successfully targeted a small number of employees through a phone spear-phishing attack.Phishing Attack Caused The Twitter HackFollowing the blatant attack on its network, Twitter has been quite transparent in its investigations, at least according to the regular updates the company shares. In the latest one, the social media platform outlined...

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Philippines Seek Help From The DOJ To Seize An Ongoing Bitcoin Scam

Bitcoin scams by impersonations are emerging globally, and the latest example coming from the Philippines has pushed the nation’s Finance Secretary to sought the help of the US Department of Justice (DOJ). He claimed his name was used to promote a series of ongoing cryptocurrency scams.The Philippines’ Finance Secretary Involved In a BTC ScamAccording to a recent report, Finance Secretary Carlos G. Dominguez III has become a victim of impersonation in an ongoing cryptocurrency scam. He sent a...

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Cryptocurrency Wallet Ledger Reports Data Breach Of 1 Million Emails

Leading cryptocurrency hardware wallet provider, Ledger, announced Wednesday that it suffered a data breach, which affected the personal information of thousands of users in late June.According to a detailed report published by Ledger today, the breach occurred on June 25. The attacker accessed a part of the company’s e-commerce and marketing database, containing mostly email addresses used for sending order confirmation and promotional emails.9,500 Users ExposedLedger further noted that the...

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Report: Cryptojacking Attacks in Mexico On The Rise

A recent report revealed that while 70% of organizations based in Mexico utilize cloud services, their networks are alarmingly exposed to external threats. Local companies have particularly complained that the number of cryptojacking cases has increased in the past year.Cryptojacking Rises In MexicoThe so-called cryptojacking term relates to cases when an attacker gains unauthorized access to a mobile device or a computer to mine or mint cryptocurrencies. According to a recent research...

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Binance and Helping Harry Return Stolen Crypto Worth $10K to Victim

Crypto security expert Harry Denley has done it again. The antiphishing professional, in association with Binance, helped a victim get back $10,000 worth of lost cryptocurrency. Previously ‘Helping Harry’ had recovered $4000 worth of stolen crypto funds for a user.Fake MetaMask and Uniswap UI Used for Stealing CryptoIn his latest blog article, Harry Denley, a security and antiphishing expert at cryptocurrency management firm MyCrypto recounted an incident where he intercepted $10,000 worth of...

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Argentina’s Largest Telecom Reportedly a Victim to Monero (XMR) Ransomware

Several cryptocurrency proponents on Twitter have reported that the largest telecommunications company in Argentina called Telecom has become a victim of a ransomware attack. Despite being unknown so far, the perpetrators have demanded a $7.5 million ransom to be paid with the privacy coin – Monero (XMR).Telecom Hacked For Monero?Founded in 1990, Telecom has become the largest telecommunication firm in Argentina. According to popular cryptocurrency analyst and proponent, Alex Kruger, and a...

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Post Twitter Hack: The Advice of McAfee To Jack Dorsey

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...

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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...

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