Cryptocurrency Analysis and News Portal
John Cantrell, Bitcoin and Lightning Network project developer, recently revealed he had successfully hacked a Bitcoin address. His article, however, received a number of responses with many concluding Bitcoin isn’t secure. Cantrell felt people missed the point of the exercise so, in a tweet thread on June 19, explained and
Read More
Today, BlockFi disclosed a SIM-swapping attack that revealed personal information related to a large swath of the firm's clients. While customer funds are secure, BlockFi said, their names and addresses were compromised along with their activity histories. This security breach comes on the heels of a cryptojacking exploit targeting European
Read More
A Christchurch High Court has ruled that over 800,000 users of the now-defunct cryptocurrency exchange platform Cryptopia, are entitled to the digital assets held in their accounts before the hack occurred. Cryptopia Users Win $100M Crypto Assets Court Case According to the documents of a Christchurch High Court verdict published on Wednesday
Read More
Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets.In a tweet thread published on April 8, the exchange shared the 74-page court document detailing the judgment, summarizing:“Today, 8 April 2020, Justice Gendall
Read More
In the midst of the global emergency caused by the Coronavirus pandemic, the Argentine government confirmed on March 14 that they suffered a hack on the website of their official gazette (Boletin Official) based on blockchain technology, where false statements regarding the coronavirus were spread.According to officials quoted by
Read More
Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000.According to bZx’s report, the protocol was compromised for the first time on Feb. 14, when the team was at the ETHDenver industry event.
Read More
Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020.After Altsbit first reported on the hack on Twitter on Feb. 6, the exchange released withdrawal instructions on Feb. 9. According to the statement, the hack caused
Read More
Kraken Security Labs revealed on Jan 31. that Trezor hardware wallets and their derivatives can be hacked to extract private keys. Though the procedure is quite involved, Kraken claims that it “requires just 15 minutes of physical access to the device.”The attack requires a physical intervention on the Trezor
Read More
The cryptocurrency sector has many criticisms. One is that it can appear impenetrable to newcomers. Another is that it is probably easier to lose money investing in crypto than in most other areas of finance. What’s more, these issues can combine to create a lucrative environment for hackers with
Read More
NULS, an open source blockchain-powered platform, posted a security update notice on their social media account on Twitter on 23rd December.NULS announced that the security team at the company has recently detected an account belonging to NULS that was attacked by black hat hackers and resulted in a total loss
Read More