Tag Archives: Twitter

Cryptocurrency exchange Bitfinex is looking for a little help in recovering more than $1 billion in stolen bitcoin funds.Bitfinex: We Need Your Assistance!The company saw more than $1.3 billion in crypto mysteriously vanish from its platform in the year 2016. After four long years, the exchange is no closer to recovering the funds. Executives are hoping someone involved in the theft or someone with knowledge of the incident will come forward and lending a hand. Those that do will be privy to...

Roughly two weeks ago, the world was shocked to learn that several high-profile Twitter accounts had been hijacked for the purpose of gaining access to bitcoin. Now, it looks like the same scam is being pulled on YouTube, with a few noticeable differences.YouTube and Twitter Are Seeing SimilaritiesTwitter experienced a massive breach that saw the accounts of several individuals – including former president Barack Obama, his vice president Joe Biden, SpaceX and Tesla CEO Elon Musk and...

As reported last week, the lead hacker responsible for the Twitter-BTC fiasco that saw more than $121,000 in bitcoin stolen from unsuspecting users was arrested. The man is 17 years of age and goes by the name of Graham Ivan Clark.Clark Has an Alleged HistoryAs more information has come out about this young person, it appears he has a long history of performing bitcoin attacks on people. In fact, just last year he was caught stealing hundreds of thousands of dollars in bitcoin and assorted...

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...

The alleged hacker behind the recent Twitter fiasco has allegedly been identified. 17-year-old Florida teenager Graham Clark has been arrested and is now facing up to 30 separate felony charges for potentially “scamming people across America.”Graham Clark: The Man Behind the Mask?The recent Twitter bitcoin hack that took place on July 15 is among one of the most well-known and prominent bitcoin-based scams to occur in the history of the space. Several high-ranking accounts – such as those...

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...

Despite all bitcoin has accomplished over the past 12 years, it looks like the world’s number one cryptocurrency by market still holds a very prominent place amongst dark market users, according to a new report by Chainalysis.Chainalysis: Nearly 1 Million BTC Owned By HackersThe blockchain and cybersecurity firm reports that roughly 900,000 bitcoin units are owned by hackers, scammers, and dark web buyers. This represents close to five percent of the globe’s total BTC supply and amounts to...

Steve Wozniak – the co-founder of Apple Computers – has filed a suit against popular video-streaming website YouTube for allowing bitcoin scammers to use his likeness in their fraudulent advertising.Steve Wozniak Takes Legal ActionThus far, the scam in question is believed to have garnered millions of dollars from users all around the world. While Wozniak is at the center of the lawsuit, the case is a class-action suit that also involves as many as 17 additional victims of the scam who claim...

On Wednesday, July 15, Twitter accounts belonging to prominent individuals, including Elon Musk, Barack Obama, Bill Gates, Jeff Bezos, and a number of crypto industry executives, were commandeered by hackers who allegedly gained access to internal content moderation tools.A scam was posted requesting Bitcoin to get double the returns. The news went global, and the uninformed crypto detractors blamed Bitcoin once again, though markets did not react, and the price of the asset was...

It’s been about a week since the incident occurred, and yet news outlets still can’t seem to get enough of the Twitter bitcoin hack that took place last Wednesday.The Twitter BTC Hack Just Gets Bigger and BiggerThe incident is one of the most profound and notorious in bitcoin’s short, yet significant history. Several high-profile Twitter accounts belonging to politicians, celebrities and musicians such as Bill Gates, Barack Obama, Joe Biden, Kanye West and Elon Musk were hijacked by cyber...