Purse.io Users Are Targeted by Hackers, 10.235 BTC Stolen
Users of Bitcoin-pushing shopping marketplace Purse.io were the targets of a hack originating from unauthorized password reset emails that affected 11 users in total with 10.235 bitcoin withdrawn due to the compromise. Purse.io users were the target of hackers who may have gained access and compromised a third-party email service provider user by the company, by its own statement released on its blog. Purse.io has since confirmed the compromise of users' wallets and has also stated that all affected user accounts have been reimbursed. The company has experience in successfully dealing with....
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On this episode of the official Bitcoin.com podcast, our host Zach Doty sits down with Kent Liu of Purse.io, a service that lets users spend bitcoin on Amazon purchases with discounts. During the show, Liu explains how Purse.io works, and how much users can expect to save by using the service to shop on Amazon with bitcoin. Liu says that the Purse team....
Bitcoin startup Purse said today that 10.235 BTC (roughly $2,500) in customer funds were stolen over the weekend during a security incident. Eleven customers had their accounts emptied, according to Purse representatives, who reported they had covered the bitcoins withdrawn with company funds. Claims that funds were stolen first emerged over the weekend, with customers reporting that they had received emails about password resets and withdrawals. Purse.io's website was later taken offline for several hours. The bitcoin-focused e-commerce company said on 11th October that it believed one of....
Following recent coverage of a potential exploit on services that rely on Amazon Wishlist for order fulfillment, Purse.io, a Bitcoin service that allows users to "buy" goods on Amazon using Bitcoin at a heavily discounted price, has clarified that this particular scam has long been dealt with for Purse users. Through the use of a proprietary order tracking system, Purse.io isn't dependent on Amazon Wishlist, which Amazon admits has known errors that lead to scams. Purse.io has several times the Amazon trading action as Brawker; as such, they have the data to construct reliable fraud....
Back in November of 2015, Andrew Lee CEO of Purse.io announced its new venture Purse Merchants via Bitcoin.com’s All-Star AMA sessions. The company has just notified us that Purse Merchants is now live and rolling out its services to the public. Now anyone globally can purchase and sell items for bitcoin utilizing secure escrow transactions. Bitcoin.com....
Hackers from North Korea have nearly doubled their thefts since 2019 by amassing $400 million in crypto via cyber attack in 2021. North Korean crypto hackers siphoned off nearly $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis.The type of crypto stolen has also seen a sea change according to the Jan. 13 report from the blockchain analytics firm. In 2017, BTC accounted for nearly all the crypto stolen by the DPRK, but it now accounts for just one fifth:“In 2021, only 20% of the stolen funds were Bitcoin, whereas 22% were either ERC-20 tokens or....