GlassHunt Will Not Reimburse Double-Spend Tool Users Affected By Hack

GlassHunt Will Not Reimburse Double-Spend Tool Users Affected By Hack

The GlassHunt Double Spend Tool was exploited through an SQL hack. The assailant broke into the company database and seized close to US$5,000 worth of Bitcoin in the process The GlassHunt Bitcoin Double Spend Tool has been quite successful so far. Many people have tried this solution in an attempt to successfully double-spend their Bitcoins. However, the service has undergone a significant setback. An unknown hacker stole nearly US$5,000 worth of Bitcoin from active users who were waiting to double spend funds. The saying “karma is a bitch” seems to apply here. Any company successfully....


Related News

HubSpot Hack Results In Data Breach Of Major Companies Like Circle And BlockFi

HubSpot is a popular CRM tool that many companies use to store their users’ details, such as phone numbers, names, email addresses, etc. These companies use the information they collect to facilitate their marketing attempts. They also use them to monitor the success of their marketing campaigns. So, it’s not surprising that hackers will target the tool because they need those personal details to perpetrate all kinds of exploits targeting those users whose details they have. Related Reading | LUNA Sees 17% Loss In One Week, UST De-Peg Rumors Affect Its Price? This is the major....

Tribe DAO votes in favor of repaying victims of $80M Rari hack

The vote to reimburse users affected by the hack was one of the final governance decisions for Tribe DAO which has announced plans to wind down. After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on decentralized finance (DeFi) platform Rari Capital's liquidity pools.Following several rounds of voting and governance proposals, Tribe DAO, which consists of Midas Capital, Rari Capital, Fei Protocol and Volt Protocol, took the decision to a vote on Sept. 18 with the intent to fully reimburse hack victims.Data from on-chain voting....

Bitcoin Wallets Vulnerable To Opt-in Replace-by-fee Double Spend Attacks

The topic of transaction fees has been kicked around a few times in the world of Bitcoin, but the question remains whether or not wallets are ready to deal with opt-in replace-by-fee. Several exchange platforms have taken the necessary steps to detect opt-in replace-by-fee situations, but more efforts are needed. It will come as a big surprise to find out a lot of most popular Bitcoin wallet solutions in existence have some serious flaws regarding security, as well as detecting double-spends. Especially this latter part is of particular worry, as a double-spend attack puts the recipient at....

Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack

A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack According to the letter published by Martin Škorjanc, CEO of Nicehash, the company “fully” reimbursed all its user affected in what they called the “largest theft in Slovenian history,” and said that still unknown criminals stole 4,640 bitcoins from our users, worth 55....

Bitcoin double-spend spotted in the wild

BitMEX Research has identified what it believes to be a double-spent Bitcoin transaction... worth $21. BitMEX Research has identified a suspected double-spend transaction valued at 0.00062063 BTC or roughly $21 — and it doesn’t appear to be an instance of that popular replace-by-fee wallet hack. On Jan. 20, BitMEX’s ForkMonitor noted that “multiple blocks were produced at height 666833.” BitMEX Research tweeted:[1/2] There was a stale Bitcoin block today, at height 666,833. SlushPool has beaten F2Pool in a race. It appears as if a small double spend of around 0.00062063 BTC ($21) was....