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Italian court forces BitGrail CEO to repay $170M in ‘lost’ cryptocurrency
An Italian judge has reportedly ordered Francesco Firano, founder of shady cryptocurrency exchange BitGrail, to repay the $170 million worth of cryptocurrency that went “missing” early last year. дальше »
2019-1-28 18:25 | |
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Google’s head of account security has fix for cryptocurrency SIM-swapping
SIM-swapping has plagued cryptocurrency holders for close to a year, and now Google’s head of account security has had enough. He wants to put a stop to it with a clever gadget the size of a flash drive. дальше »
2019-1-23 13:03 | |
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New Elementus Analysis Suggests Cryptopia Exchange’s Hack Resulted in Theft of $16 Million
Cryptopia was recently the victim of a highly publicized hack, leading blockchain infrastructure firm Elementus to perform some investigative work. According to their findings, the New Zealand exchange lost $16 million worth of ERC20 tokens and Ethereum. дальше »
2019-1-23 22:50 | |
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Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle
Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register. дальше »
2019-1-17 16:45 | |
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$3.6 Million Cryptopia Hack Sparks Investigation by New Zealand Police
New Zealand-based crypto exchange Cryptopia is the latest victim of a major cryptocurrency exchange hack that resulted in at least… The post $3.6 Million Cryptopia Hack Sparks Investigation by New Zealand Police appeared first on Invest In Blockchain. дальше »
2019-1-17 03:15 | |
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S.Korea Crypto Hacking Victim Denied Compensation After Court Ruling
A court ruling has exonerated Bithumb from liabilities totaling around 400 million Korean won after a client lost his funds due to crypto hacking. The post S.Korea Crypto Hacking Victim Denied Compensation After Court Ruling appeared first on CoinCentral. дальше »
2019-1-4 00:07 | |
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Crypto-mining malware saw 4,000% increase in 2018
One of the most common hacks to punctuate the 2018 cryptocurrency media was illicit crypto-mining, also known as crypto-jacking, a recent report shows just how widespread it is becoming. According to the latest report from cyber security firm McAfee Labs, 2018 saw a 4000-percent increase in instances of crypto-mining malware. дальше »
2018-12-20 15:06 | |
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U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam
Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32. 5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients. дальше »
2018-12-14 21:00 | |
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Hacker Steals $1 Million Worth of Cryptocurrency in SIM Swap Attack
SIM swap hacks are becoming very common in the cryptocurrency space. In a recent case, a hacker was able to steal cryptocurrency worth $1 million from a San Francisco-based victim. The 21-year-old hacker also hacked into the phones of numerous Silicon Valley executives. дальше »
2018-11-22 19:29 | |
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Bitcoin beatdown ‘victim’ jailed for $1M cryptocurrency theft
Remember that kid that got tortured by his friends in an attempt to steal his Bitcoin about a month ago? Well, turns out he may have actually made his cryptocurrency fortune by stealing it from a Silicon Valley exec, after pulling an elaborate SIM-swapping scheme. дальше »
2018-11-21 14:28 | |
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Target and Google Official Twitter Accounts Hacked, Used for Crypto Scams
In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies. Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways. дальше »
2018-11-15 23:40 | |
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Investor Lawsuit Brought Against AT&T, T-Mobile for SIM Swapping Hacks
Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping. дальше »
2018-11-10 01:35 | |
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Changelly Exchange Assists Bithumb In Recovering 1 Million XRP Coins Worth $460,000
The biggest crypto exchange in South Korea, Bithumb was a victim of a massive hack that resulted in a loss of over $30 million of virtual assets. The breach in hot wallet resulted in the exchange immediately stopping their deposits and withdrawal while they moved their funds to the safety of cold storage. Bithumb also […] дальше »
2018-10-31 10:00 | |
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Funds SAFU: Changelly Recovers 1 Million XRP ($460,000) For Bithumb
Changelly Recovers Over $460,000 In XRP For Bithumb In mid-June, as reported by Ethereum World News, South Korea’s foremost cryptocurrency exchange, Bithumb, fell victim to a devastating hack, losing a reported $30 million in the breach of its hot wallets, which are actively connected to the web. дальше »
2018-10-31 06:10 | |
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Coincheck Resumes New Account Openings, Customers Deposits
Coincheck, the Tokyo-based cryptocurrency exchange victim of a $500 million worth theft, has resumed new account openings, customer deposits, and purchasing of some digital currencies. The operator had suspended some services following the late January incident in order to protect customers’ assets and investigate the cause of hacking. дальше »
2018-10-30 22:00 | |
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Call of Duty Players Suspected of Swiping More Than $3 Million in Crypto
A group of Call of Duty players are suspected by authorities of masterminding a scheme to steal more than $3 million in cryptocurrency. The group allegedly hacked into cryptocurrency wallets after gaining access to a victim’s cell phone. дальше »
2018-10-23 07:00 | |
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Bitcoin Scammer Arrested In Thailand
The $34 million Bitcoin scam has its prime suspect named Prinya Jaravijit who was arrested in Thailand after returning to the country. Jaravijit is allegedly part of a scam which saw a man from Finland, Aarini Otava Saarimaa scammed out of over 5,500 Bitcoins, this would be worth around $34 million in today’s market. дальше »
2018-10-17 12:00 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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Bitcoin Scam Results In A €31 Million Loss
One of the leading countries in the world, famous for the finest wines and cheeses, home of the Eiffel Tower, la France, has been in the news recently but not for the right reasons. The country hasn’t made a stance on where it’s at with cryptocurrency but some of its citizens have been victims of a recent Bitcoin scam according to a recent news report. дальше »
2018-10-8 16:30 | |
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Tech Bureau’s Zaif Issued A Hard Warning By Japan’s Financial Services Agency
Tech Bureau, the company behind recently hacked cryptocurrency exchange Zaif have been issued a third (and probably final) warning by the Japanese Financial Services Agency (FSA). The warning has come in the form of a Business Improvement Order, one that stipulates certain improvements that must be made to a financial based business otherwise they risk having their license to trade revoked. дальше »
2018-9-25 21:30 | |
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Japanese Exchange Zaif Falls Victim to Crypto Hack; Loses $60 Million
When it seems things couldn’t get worse during the cryptocurrency bearish market, the community woke up to a nasty shock on September 17, 2018. A Japanese exchange Zaif reported that it was the victim of a breach which led to a loss of cryptocurrencies worth $60 million. дальше »
2018-9-22 01:00 | |
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Japanese Cryptocurrency Exchange Platform Zaif Hacked For $60 Million
Zaif, a cryptocurrency exchange service, is the latest victim of an attack by suspected hackers. The Osaka-based platform has reportedly lost cryptocurrencies worth 6. 7 billion yen ($60 million) to the attackers. дальше »
2018-9-20 16:00 | |
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Japanese Crypto Exchange Zaif Falls Victim to Hack, Loses $60 Million Worth Bitcoins
The hacked cryptocurrency exchange has immediately suspended all deposits and withdrawals while filing a criminal case with the local investigative authorities. The post Japanese Crypto Exchange Zaif Falls Victim to Hack, Loses $60 Million Worth Bitcoins appeared first on CoinSpeaker. дальше »
2018-9-20 11:12 | |
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Bittrex Exchange and Bitcoin Gold maintainers at war over 12000 BTG loss
There has been an increase in hacking operations in recent times targeted majorly as cryptocurrency exchanges since they have a good investment in the cryptocurrencies and crypto tokens listed in their site. дальше »
2018-9-5 15:44 | |
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Thai Bitcoin Scam Victim Expresses Satisfaction Over Settlement Talks
The Finnish victim involved in the elaborate Thai Bitcoin scam has reportedly expressed satisfaction over settlement talks with two key suspects. Positive Settlement Talks Aarni Otava Saarimaa, the Finn who was duped by Thai fraudsters in a $24 million Bitcoin scam, has received a satisfactory settlement deal after negotiating with two Thai suspects. дальше »
2018-8-31 19:29 | |
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Teen SIM Swapper Steals Over $1 Million in Cryptocurrencies
Police in Santa Clara, California, have arrested a 19-year-old SIM swapper who allegedly stole over $1 million in cryptocurrencies. One victim alleged that he lost $150,000 in crypto as a result of the SIM card fraud. дальше »
2018-8-25 22:15 | |
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North Korean hackers are targeting cryptocurrency traders with fake software
North Korean hacking outfit “Lazarus” is now targeting cryptocurrency exchanges. Information security firm Kaspersky Labs has discovered it is exploring new attack vectors and trojanizing cryptocurrency software. дальше »
2018-8-23 16:05 | |
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Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forged Bank Notes
Being fooled into investing in a scam ICO, or in a broken cryptocurrency is heartbreaking, but being fooled into swapping your Bitcoin millions for fake banknotes takes it to a new level. According to new reports, one South Korean businessman has fallen victim of just that, a scam that involved his millions being swapped for €2 million worth of fake banknotes. дальше »
2018-8-20 16:00 | |
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Thieves use $2.3M in counterfeit money to shake down cryptocurrency millionaire
Another Bitcoin millionaire has been caught in an elaborate cryptocurrency plot. A South Korean businessman has exchanged $2. 3M worth of Bitcoin for cash – only to find the banknotes were cheap, poorly printed fakes. дальше »
2018-8-20 13:08 | |
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Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security […] дальше »
2018-8-3 10:06 | |
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Hackers Steal $7.7 Million from KickICO Cryptocurrency Wallet
KickICO has become the latest victim of a cryptocurrency hack. Cyber intruders were able to breach the project’s smart contract and steal $7.7 million in crypto tokens from the platform. KickICO has announced that the breach has been plugged and that affected users will be fully reimbursed. How the Breach Occurred Details of the cyber […] дальше »
2018-7-28 17:13 | |
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Hackers Steal $7.7 Million from KickICO Cryptocurrency Wallet
KickICO has become the latest victim of a cryptocurrency hack. Cyber intruders were able to breach the project’s smart contract and steal $7. 7 million in crypto tokens from the platform. KickICO has announced that the breach has been plugged and that affected users will be fully reimbursed. дальше »
2018-7-27 21:20 | |
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Israeli Crypto Platform Bancor Loses $23.5 Million Worth of Tokens in Security Breach
Attacks on crypto platforms have become common in 2018. The latest victim is an Israeli start-up, Bancor, which calls itself a “liquidity network” for cryptocurrencies. The platform that lets users convert cryptocurrencies directly from their wallets suffered a security breach on Monday, July 9. дальше »
2018-7-11 16:09 | |
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Decentralized Exchange Bancor Falls Victim to $24 Million Security Breach
A popular decentralized exchange platform, Bancor, recently took to Twitter to announce that the platform fell victim to a security breach, giving further details about the apparent hack. Bancor Sees $24 Million In Cryptos Stolen On July 9th at 8 AM (UTC), Bancor released a Tweet noting that its web service would be closed down. дальше »
2018-7-10 08:24 | |
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South Korea Exchange Bithumb Stops Withdrawls After Hack
$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume. As it was officially announced the Seoul-based crypto exchange Bithumb had become a victim of a hack and had lost $30 million worth of undisclosed cryptocurrencies. Currently, Bithumb is considered to be дальше »
2018-6-20 13:47 | |
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Former Indian Legislator Declared ‘Offender’ in Alleged Bitcoin Scam Case
In an off crypto market event, Nalin Kotadiya who formerly held positions in the Indian legislative council has been declared a “proclaimed offender” after failing to show up at a court hearing for an alleged involvement in a Bitcoin extortion case. дальше »
2018-6-20 17:42 | |
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The Crypto Refresh June 17th 2018
We are back again with our weekly refresh of all things crypto. The crypto refresh is designed to bring you a weeks’ worth of cryptocurrency news in a bitesize format. We appreciate that you might not always have time to trawl through the headlines so therefore, each weekend we summarise the best bits for you. дальше »
2018-6-18 23:05 | |
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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens. дальше »
2018-6-12 23:18 | |
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Coinrail Hack See’s Markets Crash As $40 Million Stolen
The markets are down this morning in the wake of an alleged $40 Million hack of South Korean cryptocurrency exchange, Coinrail. Given current political activities within Singapore (the summit involving both the US President and the Leader of North Korea) we did expect the markets to be a little shaky this morning, the current view however is far worse than we expected. дальше »
2018-6-11 12:00 | |
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