UpExchange: Challenge and Opportunity

2019-4-29 14:10

In recent times, cyber attacks have been on the rise, and they pose a dangerous threat to businesses and individuals alike. Similarly, cryptocurrency exchanges are getting hacked because it’s easy.

We may name some outstanding attacks such as Bithumb attack, a popular cryptocurrency exchange in South Korea. In June 2018, $31. 6 million across multiple cryptocurrencies was stolen from Bithumb. Besides, more than $571 million in cryptocurrency is reported to have been stolen by the Lazarus Group since the start of 2017 and it is thought that 65% of stolen cryptocurrency ends up in North Korea. And the latest trading platform

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Источник: ccn.com

cryptocurrency stolen → Результатов: 126

Cryptocurrency User Security Tips for Air-Gapping Your Devices

One of the biggest problems that budding cryptocurrency enthusiasts face is keeping their cryptos safe and secure. This has become increasingly important in the wake of cryptocurrency hacks attacks and stolen cryptos.

2018-9-29 22:46	News
cryptocurrency stolen cryptos exchanges between attacks wake

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AT&T sued for $240 million over stolen Cryptocurrency

Tech entrepreneur and cryptocurrency investor Michael Terpin is suing AT&T for $240 million over cryptocurrency that was stolen from his account. Terpin is well known in the cryptocurrency community as is the founder and CEO of Transform Group, a blockchain and ICO public relations and strategic advisory firm.

2018-8-17 03:33
cryptocurrency stolen 240 million sued terpin public

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More Cryptocurrency Has Been Stolen in Six Months in 2018 Than the Entirety of 2017

The amount of stolen cryptocurrency in just six months of this year is significantly larger than the amount stolen last year. The total amount of stolen cryptocurrency in the entirety of 2017 has almost tripled in just the first half of 2018 so far.

2018-7-5 12:59	Cryptocurrency
cryptocurrency stolen entirety amount 2017 2018 six

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Bithumb Finally Disclose Full Details Of Recent Hack

Bithumb, the South Korean cryptocurrency exchange are no strangers to being hacked. With this in mind, they have developed quite the approach for dealing with the hacks, so I guess in this respect, at least they are now quite experienced in dealing with their customers best interests in the wake of such events.

2018-7-1 11:00	Exchanges
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Almost Half of Stolen Funds Recovered By Bithumb, Due To Other Exchanges

The Bithumb Recovery Process For most cryptocurrency exchanges, experiencing a hack and subsequent loss of funds could be catastrophic. To this day, it remains unclear if any of the stolen funds have been recovered, although it is highly unlikely that is the case.

2018-7-1 08:05	hack
bithumb funds stolen process exchanges recovered although

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Bithumb Recovers Nearly Half of its Stolen Funds Thanks to Other Exchanges

Bithumb is one of the largest cryptocurrency exchanges in the world. Its status has attracted a lot of unwanted attention from criminals, culminating in a $31 million hack earlier this month. The company has been working on recovering the money and scored some initial success in this regard.

2018-7-1 02:00
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Bithumb Reports Recovery of $14 Million in Stolen Cryptocurrency

Bithumb has announced the recovery of $14 million out of the $31. 5 million stolen during the June 20 hack. The South Korea-based cryptocurrency exchange made this fact known via a blog post on its website on June 28, 2018.

2018-7-1 22:55	Cryptocurrency News
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Zcash Crypto Transactions on Bitfinex to Shadow Brokers For NSA Stolen Code & Hacking Tools May be Untraceable

Cryptocurrency Transactions May Uncover Sales of Shadow Broker with Hacking Tools Regardless of the Shadow Brokers told users to take advantage of privacy-focused crypto coins Zcash, with researchers who may have found new proof of who attempted to purchase new group wares.

2018-6-30 07:32	News
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Bithumb Hack News: 45% of Stolen Coins Recovered by Crypto Exhcange

Bithumb has managed to recover roughly 45 percent of the cryptocurrencies stolen during the June 20 hack. The company also acknowledged the support of other exchange platforms in its efforts to recover the stolen funds.

2018-6-29 21:08	#hackers
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Bithumb Hack Update: Cryptocurrency Exchange Recovers 45% of Stolen Coins

Bithumb has managed to recover roughly 45 percent of the cryptocurrencies stolen during the June 20 hack. The platform announced the news in an update published on June 28 — while also providing full disclosure of the digital currencies taken in the attack.

2018-6-29 19:00
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Bithumb Reveals 11 Cryptocurrencies Lost and Plan to Compensate Customers

South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency.

2018-6-29 04:55	XRP
plan bithumb crypto lost cryptocurrencies reveals customers

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Bithumb claims to return $14 million from stolen cryptocurrencies

South Korean cryptocurrency exchange Bithumb reported a successful attempt to reduce its losses from the recent hacker attack, which resulted in approximately $31 million in cryptocurrencies stolen.

2018-6-29 20:33	News
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CryptoAds’ Public Crowdsale Kicks off With an Announcement of the New Hardware Wallet

As virtually everyone in the crypto world knows, one of the most critical and persistent issues plaguing the space is wallet security. Problems abound: phishing, fraud, theft, hacking – all of these risks have to be taken into account by cryptocurrency holders.

2018-6-27 14:47	Industry
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Why is Bitcoin Down? 6 Causes — Plus Some Good News

Coincidentally, in the days following the hack, there was a large marketwide dip — Bitcoin and Ethereum dropped 11 and 15 percent, respectively. On a small positive note, Bithumb promised to fully reimburse all those who had cryptocurrency stolen from them.

2018-6-24 00:51
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6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen.

2018-6-24 23:00	Bitcoin Price
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Ukrainian Police Arrest Four People for Running Fake Crypto Exchanges

The Ukrainian National Police announced the arrest of four suspects, who reportedly ran six fake cryptocurrency exchanges in the country. They were arrested last week from Dnipro city, after which their homes were raided, and several computers and smartphones were seized.

2018-6-23 14:57	Cryptocurrency
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Sixth-Largest Crypto Exchange Bithumb Hacked, $30 Million Lost

The world’s sixth-largest cryptocurrency exchange, Bithumb, was hacked and approximately $30 million worth of cryptocurrencies were stolen. The exchange broke the news of the hack via Twitter, where it also informed its users that it was changing its wallet system due to safety concerns.

2018-6-22 18:00	Upbit
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Two Huge Hacks In Two Weeks Didn’t Crash The Markets, Here’s Why

Yesterday, we saw news of another hack of the South Korean cryptocurrency exchange, Bithumb, the hack, resulted in the theft of over $30 Million. Just over a week ago, we also saw a similar scale hack take hold of (another South Korean cryptocurrency exchange) Coinrail, this time, we saw theft in excess of $40 Million.

2018-6-22 13:30	Cryptocoins
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Bithumb Loses $30 Million After South Korean Exchange Is Hacked

One of the busiest virtual coin exchanges in the world, Bithumb, was hacked on Tuesday 19th June and coins worth over $30 million were stolen. All activities on the platform have been temporarily suspended, and there is no news of service renewal yet.

2018-6-22 00:46	Cryptocurrency
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Still Many Unknowns After $30,000,000 Stolen From Bithumb

South Korea’s biggest cryptocurrency exchange Bithumb is scrambling to protect users funds after a large scale hack. Bithumb has already assured customers affected by the hack will be compensated for their losses.

2018-6-21 02:16
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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack

Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.

2018-6-20 20:25	#scams
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Bithumb stocks $31 Million Hack: What We Know (And Don’t Know)

On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. According to a follow-up report from CoinDesk Korea, Bithumb conducted a security enhancement checkup on June 16, just days before the confirmed hack.

2018-6-20 15:34
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Bithumb Hacked- $30 million dollars worth cryptocurrencies stolen

The world’s sixth largest cryptocurrency exchange based out of South Korea, Bithumb has announced on 19th of June that their platform has been hacked and cryptocurrencies to the tune of $ 30 million have been stolen.

2018-6-20 11:54	News
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South Korean Crypto Exchange Bithumb Hacked, $31.5 Million Stolen

Popular South Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals following a hack resulting in the theft of more than $31 million worth of cryptocurrencies. This marks the second Korean exchange hack in as many weeks.

2018-6-20 07:30	South Korea
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After a $31 Million Hack Crypto Exchange Bithumb Has Stopped Its Services

Bithumb, one of the largest cryptocurrency exchange in South Korea by trading volume, is halting asset deposit and withdrawal services after a hack that has stolen 35 billion won (or $31 million) worth of cryptos from the platform.

2018-6-20 07:02	South Korea
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$20 Million Ether Hacked From Poorly Configured Ethereum Apps

According to Chinese internet security firm Qihoo 360 Netlab, hackers have stolen $20 million in ether from poorly configured Ethereum mining rigs and third-party applications. Experts at the firm say the cyber-attacks target unsecured Ethereum nodes on the Internet.

2018-6-12 19:00
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Sources claim that Coinrail hack loot has already been laundered?

New information has emerged on the Coinrail hack that occurred yesterday. The information suggests that the $40 million stolen in cryptos such as TRX, NPXS, Dent, and Aston X from the exchange has already been laundered into circulation.

2018-6-12 09:15	News
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$40 Million in Crypto Currency Stolen after Hacking, South Korean Exchange Reports

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.

2018-6-12 01:40	Tron
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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen

2018-6-12 23:18	Law & justice
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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.

2018-6-11 12:00	Exchanges

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Japanese Syndicate Wallet Hacked, $10 Million Reported Missing

Shopin — a universal shopper profile that delivers personal shopping experiences through retailers’ apps, websites and stores — says one of its token distributors has been hacked and roughly $10 million in a variety of cryptocurrencies has been stolen.

2018-6-11 01:22	Bitcoin

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2019-4-29 14:10

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