BTC-e Attacked
A moderator of the chat at BTC-e known as "Dev" indicates that a malicious entity was able to deposit fake Liberty Reserve funds, and use them to purchase Bitcoins. The moderator went on to state that "they [were] able to withdraw [a] small amount of BTC on our bitcoin server". The exact amount is still unknown. The European Bitcoin exchange intends to....
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The original Bitcoin website Bitcoin.org was hit with an “overwhelming attack” and a ransom demanded. Bitcoin.org Attacked Cøbra, the pseudonymous owner of Bitcoin.org, told his 42,000 followers that the site suffered a distributed denial-of-service attack (DDoS). A DDoS attack is done by artificially flooding a website with traffic to overwhelm it, making it unavailable to […]
Mirror Protocol, a DeFi application built on the old Terra blockchain, was attacked by a $90 million exploit in October 2021, and it remained entirely undiscovered until last week. The attacker was able to unlock collateral from the protocol multiple times while just paying a little fee each time. Terra’s DeFi Attacked Seven Months Ago […]
Scams, suits and cyber-attacks, with and a little bit of ransomware thrown in-between. It’s been a wacky week for Bitcoin and the DAO, and here are a few of the top stories: LOCKY GETS ROCKY. First, a little good news is in the mix. According to Symantec, Locky ransomware may be reaching the end of its days. Over the past two weeks, activity has practically been non-existent, although it’s unknown if this is due in part to a business decision to scale back. Otherwise, a disruption in the ransomware’s operations may have occurred. Joining Locky is Dridex, another form of financial malware....
Five banks in Russia have undergone a DDoS-attack according to Artyom Sychev, Deputy Director of the General Directorate of Security and Information Protection of Russia’s Central Bank. However, the regulator had warned banks in advance about the cyber attack planned for September26. "Last Saturday monitoring channels received information that, obviously, several major financial institutions will be attacked,” said Sychev. “We contacted with banks and gave them the possible details of how the attack will take place.” Banks were able to escape harm as the attack did not affect banking....
Recently, the digital currency exchange MintPal was successfully attacked. VeriCoin was the target, and nearly 30% of all the VeriCoin in existence were stolen. In a time of quick decisions, the VeriCoin developers came in contact with MintPal and decided to hardfork their blockchain to a point before the transaction. The decision has caused some conversations to come forth of the hardfork that has the altcoin-community debating whether this decision was the right thing to do. Patrick Nosker, one of the developers for VeriCoin, sat down with CCN to talk about the decision and the....