Bitcoin Lending Platform Loanbase Loses Customers’ Funds after Security Breach
Loanbase recently announced that they've discovered a security breach on their Wordpress blog that led to the loss of 8 BTC and malicious access to sensitive client information. A data breach at Bitcoin lending platform Loanbase led to the loss of customers’ bitcoins. The company, in its official statement, blamed a WordPress bug for the glitch, stating that the breach resulted into the loss of around 8 Bitcoins (equivalent to around $3,000). The money was stolen after an alleged hacking attempt on Loanbase’s four user accounts. Loanbase also clarified that the maximum losses don’t exceed....
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Bitcoin lending platform Loanbase — formerly BitLendingClub — was the target of a recent security breach that saw a small number compromised user accounts lose at least 8 bitcoins. In an email sent to its customers yesterday, Loanbase revealed that it had discovered a security breach that occurred on the morning of February 6, 2016. The news was also shared on the company’s Facebook page, noting that the exploit targeted a security vulnerability in the WordPress blog. Preliminary investigation confirmed the breach of 4 user accounts and a loss of around 8 bitcoins (approx. $3000), although....
Popular cryptocurrency portfolio tracker CoinStats is reeling from a security breach that exposed user wallets and sent scam notifications to mobile devices. The company has taken the drastic step of shutting down its platform entirely while they investigate the incident. The breach, confirmed by CoinStats on their official social media channel, compromised a yet-to-be-determined number […]
Bitfinex suspends trade after discovering a security breach. Confirms loss of bitcoin, exact figures awaited. Bitfinex, one of the leading digital currency exchange, today reported that it has faced a security breach. Following the discovery, the exchange reportedly halted all its bitcoin trading operations until further notice. “Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex” According to the Bitfinex homepage, the breach was discovered at around 18:00 UTC, same time when....
Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse these funds to any affected user. Peckshield, a security and auditing company estimated losses of around $77 million.
Ascendex Hot Wallets Ransacked
Yesterday, Ascendex, a cryptocurrency exchange, reported a security breach caused by a hack attack that focused on the hot wallets of the....
The crypto world is facing a new security challenge as Coin Cloud, a prominent Bitcoin ATM operator, recently became the target of a significant data breach. This incident comes at a challenging time for the company, which filed for bankruptcy earlier this year amid the crypto market downturn and the fallout from the FTX collapse. […]