LocalBitcoins Names Malware As Cause of Wallet Issues
LocalBitcoins users took to reddit and official LocalBitcoins forums today (17th April), reporting that some bitcoin wallets managed by the company have been emptied, and that transactions have been delayed. The Finland-based bitcoin buying and selling service has now issued an official response to these claims via its blog, stating that the problem is likely the result of a malware intrusion. In the post, LocalBitcoins announced it would limit hot wallet activity on its services while it addresses the issue. Further, it released its initial assessment of the situation: "So far, we have....
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Following yesterday's statement from LocalBitcoins regarding issues with its wallet service, the website has released its follow-up investigation report. The report focused in part on claims that the site's two-factor authentication failed to prevent a wallet breach. LocalBitcoins also addressed the cause of withdrawal delays that took place as users tried to move their bitcoins away from the site following the posting of user concerns on reddit. The LocalBitcoins team wrote in the report's introduction: "LocalBitcoins team did not found any evidence of compromised site security." Report....
SecureMac reports the bitcoin-stealing malware has spread to popular download sites like Download.com and MacUpdate, under several different names. If you think your machine could be infected, take a screenshot of the instructions here and disconnect from the internet immediately. A Mac OS X trojan horse masquerading as a private bitcoin wallet app is responsible for "multiple" bitcoin thefts, according to Mac security researchers. SecureMac, a Mac security consultancy that develops the MacScan anti-malware application and blogs about its research, released a report today warning of....
Bitcoin exchange LocalBitcoins is currently experiencing a lengthy outage brought about by server hardware issues. However, the exchange has reassured its users that all bitcoins are safe and sound. LocalBitcoins confirmed the outage in a blog post on Sunday with a brief statement: "Our server had gone down yesterday. The reason might be hardware failure. We are researching the issue and trying to get the site back up." The company also tweeted that no bitcoins or data had been lost in the outage: Trying to get service back up. Can't provide ETA yet. All btc is safe, all data is safe, this....
Peer-to-peer bitcoin marketplace LocalBitcoins suffered a hack this week that resulted in the distribution of malware and a loss of customer funds. Affected users will be granted refunds after taking steps to address security vulnerabilities, according to the company. LocalBitcoins vice president Nikolaus Kangas acknowledged the hack on 27th January in a forum post, outlining how the intrusion took place through its LiveChat account, with an estimated 17 BTC lost from customer wallets. The bitcoin marketplace has experienced security-related problems before, including an incident last year....
Source: localbitcoins.blogspot.fi. Today, LocalBitcoins.com announced the coming of their very own bitcoin ATM solution. Aptly named the LocalBitcoins ATM, the device allows users to both buy and sell the digital currency. Users buying bitcoin at the ATM are provided with a redeemable code to be used on LocalBitcoins.com. Selling requires the user to load bitcoin on their LocalBitcoins wallet, go to the ATM URL and a code is provided. The user types the code into the machine, and out it comes in fiat. LocalBitcoins says the machine can be programmed to support over 100 currencies from....