Much Ouch: Doge Vault Confirms $127,000 Theft In Hack Attack
Popular Dogecoin wallet Doge Vault confirmed its announcement earlier this week that it had been hacked, posting a statement on its website late Thursday that said that nearly three-quarters of its 400 million dogecoins were stolen in the attack last Sunday. Hackers made off with 280 million dogecoins, the statement by Doge Vault founder Asad Haidar said, equivalent to about $127,000 at Friday’s trading price of 0.00044585per US dollar. However, Haidar said that that Doge Vault had recovered 120 million of the pilfered coins and transferred them to an address under their control. Doge....
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Dogecoin Hack. BBC News and Technology, an extremely reliable news site, is reporting that hackers have attacked the Doge Vault, leading to a 'Temporary Shutdown'. The Doge Vault is a site that many Dogecoin holders choose to hold their Dogecoin crypto currency. Doge Vault has issued a statement seeking to reassure holders, they go on to state that they took the decision to temporarily close the site when they noticed people 'tampering' with funds in wallets they were holding. They are currently said to be assessing the effects of the attack and the losses, if any, to Dogecoin holders.....
Some enterprising minds and one of the world’s biggest insurance markets is opening a pretty futuristic bank vault in London. But it’s not futuristic for having fancy locks or laser trip wires. It’s futuristic because of what’s inside: Bitcoin. The idea of a bitcoin bank vault seems a little silly at first. Bitcoin is a virtual currency, so why would you need a vault? Well, the new company, Elliptic Vault, is actually billing this new offering as a “deep cold storage” service that not only protects your bitcoin fortune but also insures it in the event of loss or theft. Specific details of....
Online dogecoin storage provider DogeVault.com has been compromised by hackers, according to an official announcement from the service. The site shut down as a result of the attack, which also saw the destruction of all of the service's data. As a result, DogeVault is encouraging users not to transfer any funds to its wallet addresses while the attack is under investigation, and explained: "We are currently in the process of identifying the extent of the attack and potential impact on users' funds. This involves salvaging existing wallet data from an off-site backup." DogeVault has....
A less prominent cryptocurrency exchange, Bilaxy, confirms a major hacking incident on its platform. In addition, the exchange reports some fund losses from the attack on its platform’s ERC-20 hot wallet. An announcement on its Telegram channel disclosed that the exchange was hacked on August 28. The attack occurred between 6 p.m. and 7 p.m. […]
It comes with the territory that digital currency will be susceptible to digital threats. Hacking and theft have almost grown up side by side with things like Bitcoin, and, as the popularity and value of the digital currency rises, its attraction to thieves also grows. The most recent major hack has seen one of the top five biggest Bitcoin and Ethereum exchanges, Bithumb in South Korea, fall prey to hackers. The hack was confirmed July 5 when information, as well as hundreds of millions of South Korean won, were been made off with in an attack with a difference. Most exchanges know they....