Bitcoin & Altcoin Exchange Cryptoine Hacked
Another altcoin exchange has been hacked, not even a month after AllCrypt went down. Cryptoine, which offers a number of markets not available at larger exchanges, is down as of this morning, claiming a hack. The operators have promised to be forthcoming with details at an unspecified time and date. Race Condition Bug. As you can see, the exchange is claiming that the exploit happened as a result of a "race condition bug," which, in programming terms, means that uncontrollable events do not happen in the order the programmer intended. In a PHP program, this can often mean a bug in the way....
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Major altcoin exchange Mintpal has been hacked and an undisclosed amount of VeriCoin has been taken from the exchange. According to a statement posted on the exchange's official blog, the company is working with VeriCoin developers to fork the blockchain and recover the funds. At this time, the exchange is no longer processing VeriCoin withdraws. All other coins can still be withdrawn from the exchange. Mintpal stresses that VeriCoin's network itself is secure and wasn't the cause of the attack. Instead, Mintpal admits that it was its own security that was compromised and seems to imply,....
Moreover, Cryptcracker has agreed to return the funds in exchange for a 13% bounty, which will add up to roughly 2,000 Bitcoin. That is still a very significant amount of “clean” money to deal with after such a major breach, albeit it pales in comparison to the funds controlled by this person right now. What is particularly worrying is how this announcement makes no mention about the addresses where this fund is being kept. Cryptsy used to be one of the more prominent Bitcoin and altcoin exchanges in the realm of digital currency, even though there have always been minor issues with the....
Reports reaching us at Bitcoinist are that the Justin Sun-led Poloniex crypto exchange has been hacked and the attackers are currently siphoning funds away from the exchange at an alarming rate. So far, over $60 million in crypto is suspected to be already stolen spanning digital assets such as Tron (TRX), Pepe (PEPE), and Magic […]
7,170 bitcoins ($1,756,125 at press time) were stolen from the China-based crypto-currency exchange, BTER, when the company’s cold wallet was hacked earlier today. The exchange has since frozen their entire website, while their technical team work to find out what happened. Besides bitcoin, the exchange also facilitated the trade of a basket of altcoins but has not revealed whether their altcoin wallets were affected by the hack. In a post on the Chinese microblogging website, Weibo, the exchange said they will allow the withdrawal of fiat and altcoins soon but did not give a specific time.
Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were transferred out of the exchange,” said Kucoin in an update on Saturday. Meanwhile, Bitfinex and Tether, issuers of the centralized stablecoin USDT, immediately froze a combined $33 million worth of USDT suspected to be part of the funds looted in the Kucoin hack – an action that has....