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Witnessing the digital breakthrough
The City of Johannesburg Becomes a Victim of Bitcoin Ransom
Crime   |   25.10.19  |  

The city of Johannesburg in South Africa, also known as Joburg experienced a very serious cyberattack on Thursday, October 24th, with the hackers demanding a ransom of 4 Bitcoins The city of Johannesburg in South Africa, also known as Joburg experienced a very serious cyberattack on Thursday , October 24th, with the hackers demanding a ransom of 4 Bitcoins in order to not publish all of the information gathered from the city’s databases. The attack has rendered the city’s tech inner working completely...

Summary of 2019: Personal Data Continues to Leak
Data-security   |   22.10.19  |  

Global data leaks are increasingly occurring; the amount of information flowing away to intruders or simply becoming accessible to anyone is growing Carelessness, negligence, recklessness, incompetence still is the summary of the attitude to the safety and security of data in a few words. Everywhere on the globe, data arrays are collected, accumulated and stored in such ways and in forms that are convenient for those who use them, and the threats of loss and misuse are overshadowed by the race...

Mozilla Firefox Will Start Blocking Crypto Miners By Default
Data-security   |   06.09.19  |  

The crypto-miner blocker will become a default setting for all Mozilla Firefox users as only a small percentage used the added extensions in the past The Mozilla Firefox dev team came out with a blog post on the 3rd of September notifying their users that major changes would be coming to the browser in the near future. The two main topics that the dev team covered were the issues with tracking cookies and crypto miners. Cryptominers are usually installed as extensions on the browser, or tap into...

Bitpoint Exchange Hacked; Losses Amount About $32 Mln
Crime   |   12.07.19  |  

On Thursday, employees noticed a suspicious withdrawal of funds from the hot wallet. The exchange suspended all operations, including trading, input and output of all crypto assets Bitpoint, a licensed cryptocurrency exchange based in Japan, was hacked, CoinDesk Japan reports . Losses amount to $32 million in cryptocurrencies. Bitpoint suspended all transactions, including trading, deposits and withdrawals of all crypto assets, on Friday morning. This happened after employees of the exchange noticed...

Bitrue Exchange Hacked. Losses Amount About $4.5 Mln in XRP and ADA
Crime   |   27.06.19  |  

The exchange announced the incident via its official Twitter account. The team also spoke about the current state of exchange and the lost funds Another hack attack occurred: Bitrue Singapore cryptocurrency exchange was attacked, resulting in a loss of XRP and Cardano (ADA) in the equivalent of $4.5 mln. The exchange announced the incident via its official Twitter account. Before going into the details ...

Israeli Police Arrest Suspects in the 2016 Bitfinex Hack
Crime   |   24.06.19  |  

Two brothers are accused of systematically stealing cryptocurrency for a long time by maliciously gaining access to the accounts of other users Two Israelis were arrested on suspicion of breaking into the Bitfinex crypto exchange, as well as other phishing attacks related to the cryptocurrency, Finance Magnates news agency reported on June 23. The Israeli police spokesman said that Eli GIGI and his younger brother Assaf GIGI are accused of systematically stealing cryptocurrency for a long time...

DragonEx Exchange Hacked, Users’ Assets Stolen
Crime   |   26.03.19  |  

The official statement says that the exchange has lost control over the users’ cryptocurrency assets, but the amount of losses is not specified yet Cryptocurrency exchange DragonEx announced via its official Telegram channel about the hackers’ attack. The statement says that the exchange was compromised and has lost control over the cryptocurrency assets of its users; however the amount of losses is not specified yet. “Part of the assets were retrieved back, and we will do our best to retrieve...

Hacker Transferred 2.09 mln EOS To Huobi Due To Blacklist Update Failure
Crime   |   26.02.19  |  

Apparently, the new EOS block producer did not update the blacklist of EOS accounts, which followed with the possibility to perform the operation by an anonymous hacker An anonymous hacker managed to transfer EOS 2.09 mln (approximately $7.7 mln) from a hacked account due to a probably failed blacklist update by the EOS block producer (BP), which was signaled in BP EOS42 Telegram channel . The EOS blockchain contains a function that requires BP to put the hacked accounts to the blacklist. In order...