Posts in category

Hacks


A hacker who stole 165.38 ETH from the SpankChain platform has returned the funds. The payment platform focused on the adult industry announced Thursday that the hacker, who stole the funds from the platform last weekend, shared the private key for the wallet holding the ETH after speaking to SpankChain CEO Ameen Soleimani on a …

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The losses related to crypto hacks continue to rise sharply, with nearly $1 billion stolen so far this year, new research suggests. In the first nine months of 2018, hackers stole $927 million from the cryptocurrency exchanges and other platforms, according to a recent report from blockchain security firm CipherTrace. The document, titled “Cryptocurrency Anti-Money Laundering …

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This post was originally published here Tech Bureau, the firm behind the Japanese crypto exchange Zaif, has revealed a refund plan to compensate users after a $60 million hack that happened on the platform last month. Tech Bureau said on Wednesday in a release that it signed an agreement with Fisco – a publicly listed investment firm …

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Tech Bureau, the firm behind the Japanese crypto exchange Zaif, has revealed a drastic new plan to compensate users after a major hack last month. Tech Bureau said in a release Wednesday that it had signed an agreement with Fisco – a publicly listed investment firm in Japan – to transfer in full the Zaif business to Fisco’s …

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Tech Bureau, the firm behind the Japanese crypto exchange Zaif, has revealed a refund plan to compensate users after a $60 million hack that happened on the platform last month. Tech Bureau said on Wednesday in a release that it signed an agreement with Fisco – a publicly listed investment firm in Japan – to …

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This post was originally published here SpankChain, a cryptocurrency project focused on the adult industry, has suffered a breach that saw almost $40,000 in ethereum (ETH) stolen. In a blog post published Tuesday, the SpankChain team disclosed the hack, saying 165.38 ETH (worth around $38,000 at the time) had been lost at around 18:00 PST on …

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This post was originally published here SpankChain, a cryptocurrency project focused on the adult industry, has suffered a breach that saw almost $40,000 in ethereum (ETH) stolen. In a blog post published Tuesday, the SpankChain team disclosed the hack, saying 165.38 ETH (worth around $38,000 at the time) had been lost at around 18:00 PST on …

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SpankChain, a cryptocurrency project focused on the adult industry, has suffered a breach that saw almost $40,000 in ethereum (ETH) stolen. In a blog post published Tuesday, the SpankChain team disclosed the hack, saying 165.38 ETH (worth around $38,000 at the time) had been lost at around 18:00 PST on Saturday. The intrusion, which the post …

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Just a few days ago, Crowd Machine was working to build a crypto replacement for Amazon Web Services. Today, it is facing questions about its survival. On Saturday, according to a post by the Crowd Machine team, a hacker compromised the company’s cryptocurrency wallet and stole a large number of the application’s native Crowd Machine …

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After news broke yesterday of yet another hack of a cryptocurrency exchange in Japan, the country’s police authority has released figures revealing the rise in such attacks this year. According to a report from The Asahi Shimbun Thursday, the National Police Agency (NPA) has released data for the first six months of 2018 that reveal …

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Yet another Japan-based cryptocurrency exchange has been hacked with a loss of total 6.7 billion yen, or $60 million worth of cryptocurrency, including 6,000 bitcoin. The exchange, called Zaif, operated by Tech Bureau and a licensed exchange in Japan, said on Thursday that the exchange first noticed unusual funds outflow on the platform around 17:00 …

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Cryptocurrency investor Michael Terpin has sued the telecom giant AT&T, alleging that the company failed to protect his cell phone from a hacking incident that ultimately cost him $24 million. In a lawsuit filed by Los Angeles litigation firm Greenberg Glusker on August 15, Terpin claimed that AT&T’s employees have been complicit in a SIM swap …

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Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. CEO Anti Danilevski wrote in a blog post that the startup’s team discovered some 70 million KICK tokens missing from its wallet, after the KickCoin smart contract owner’s private key was compromised. Several users’ wallets …

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South Korean cryptocurrency exchange Bithumb says it has almost halved the losses arising from a recent hack. As previously reported by CoinDesk, Bithumb, one of the largest crypto exchanges in South Korea and the world by trading volume, was hacked on June 20  – an event that saw 35 billion Korean won ($31 million) in various …

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South Korea’s Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the financial damage arising from a multi-million dollar hack earlier this week. In an update on its website, the firm said that although it has reported losses equivalent to $31.5 million to the Korea Internet & Security Agency (KISA), it may ultimately …

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On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. Although the breach may not be as significant as the $530 million hack of the Coincheck exchange earlier this year, the fact that Bithumb now ranks as the sixth biggest trading venue in …

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Bithumb, one of the largest cryptocurrency exchange in South Korea by trading volume, is halting asset deposit and withdrawal services after a hack that has stolen 35 billion won (or $31 million) worth of cryptos from the platform. The company said in an announcement today that the hack happened since late Tuesday night until early Wednesday …

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Coinrail, a crypto exchange based out of South Korea, said on Sunday its platform was hacked with cryptocurrencies that appeared to worth $40 million at the time of the event. According to Coinrail’s website, the exchange has already suspended its service to conduct system maintenance since it has suffered from what it calls a “cyber …

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The notorious 51-percent attack: it’s the major fault in cryptocurrency protocols but it’s rarely seen, especially among the most popular cryptocurrencies. Yet, in the past couple months, the exploit – whereby a single miner (or group of miners) takes control of over half of the network’s total computing power and can then bend the protocol’s …

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Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove. According to a CBC News report Tuesday, the two banks hit by the breach, Bank of Montreal and CIBC’s online bank Simplii Financial, have said that the personal information of a total of …

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