CryptoThrift Suffers Security Breach, 15 BTC Stolen, Escrow Service Suspended
Another popular bitcoin site has been the victim of a hack. CryptoThrift, an “eBay like” site that allows buyers and sellers conduct their transactions in both Bitcoin and Litecoin, announced today that they lost a “little over” 15 BTC that was being held in escrow in a hot wallet. The attack took place early Sunday morning. The funds, which the company says it will cover, were being held in escrow during the duration of various sales. CryptoThrift has stated that the majority of the funds being held in escrow were held in offline storage, safe from the attacker. That security practice is....
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Vulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets. Vulcan is now dealing with the aftermath and announced it would reimburse all users with funds from their treasury.
Vulcan Forged Wallets Hacked, 4.5 Million PYR Stolen
Vulcan Forged, a blockchain gaming platform with an NFT market, suffered a security breach on December 13 that allowed....
Bitstamp, one of the largest exchanges for the digital Bitcoin currency, said it would resume trading later on Friday after suspending operations because of a security breach on Sunday, Reuters reports. Damijan Merlak, one of Bitstamp's two Slovenian founders, told Reuters in an emailed message on Friday: "Trading will resume during the day today." On Wednesday, Bitstamp had said it expected that trading could resume within 24 hours and added that customers would not lose money because of the breach and that security would be increased. The next day Bitstamp stated that they were testing a....
Bitfinex suspends trade after discovering a security breach. Confirms loss of bitcoin, exact figures awaited. Bitfinex, one of the leading digital currency exchange, today reported that it has faced a security breach. Following the discovery, the exchange reportedly halted all its bitcoin trading operations until further notice. “Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex” According to the Bitfinex homepage, the breach was discovered at around 18:00 UTC, same time when....
Editor's Note: The transactions revealed by Defcon only show a total of 4474.26 BTC stolen from presumably only escrow accounts. This sum comes from transactions by attacker 1 only, and do not include the "contributions" of attackers 2 and 3. The previous incorrect estimate of "over 88,000 BTC" came from user estimates of all funds previously on Silk Road 2.0's wallets, or all funds in the wallets of the suspected attackers. Varying reports of the total amount stolen from Silk Road 2.0 stem from inherent vagueness in Defcon's words. The only concrete estimate, taken from Blockchain data....
Prominent Hong Kong-based bitcoin exchange Bitfinex has announced that it has halted all trading on its platform while investigating a breach that has seen customers lose their funds due to theft. Bitcoin exchange Bitfinex has halted all trading on its platform, including all deposits and withdrawals. An announcement on its website has confirmed that Bitfinex users have had their bitcoins stolen, while the exchange investigates the security breach. No figures on the stolen bitcoin or the number of users impacted have been revealed yet. The statement read: We are investigating the breach to....