Ethical Hacker? Attacker Returns $100K to Gate.io after Ethereum Classic 51% Attack

Ethical Hacker? Attacker Returns $100K to Gate.io after Ethereum Classic 51% Attack

So this is something you don’t see every day – a hacker who had already managed to swipe around $217,00 in cryptocurrency from the crypto exchange Gate.io, has returned about half of it. Why? No one knows. On January 7, a mysterious hacker succeeded in the heist of approximately $217,000 in the digital currency Ethereum Classic (ETC) from Gate.io throughout what is now known as the “51% attack.” In this sort of hacking attack, the…

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Bitcoin Scammers Hack into Twitter Accounts of Target, The Body Shop (Among Others)

Bitcoin Scammers Hack into Twitter Accounts of Target, The Body Shop (Among Others)

Target and The Body Shop were targeted in a new wave of verified Twitter account hacks. This new attack follows a wave of similar attacks, including the attack where hackers masqueraded as Elon Musk by changing the name of other verified accounts they hacked into. Hackers used Elon Musk’s identity and credibility within the industry to encourage users ot part with their Bitcoin in exchange for more Bitcoin that never materialized. In this latest attack,…

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Japanese Cybersecurity Company Pinpoints Five Suspicious Transactions in the Hack into Zaif Exchange

Japanese Cybersecurity Company Pinpoints Five Suspicious Transactions in the Hack into Zaif Exchange

Security experts from Japan Digital Design (JDD) have been working on tracking down the source of the malicious hack against Zaif crypto exchange, which resulted in the theft of approximate $60 million in cryptocurrency. JDD reports that the hunt so far yielded evidences regarding five different suspicious transactions, and that the relevant data was imparted to the authorities. One of the methods that JDD employed on behalf of Zaif to learn more about such hacking attacks…

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North Korean Hacker Crew Lazarus Steals $571M in Cryptocurrency across 5 Attacks

North Korean Hacker Crew Lazarus Steals $571M in Cryptocurrency across 5 Attacks

The North Korean hacking group, named Lazarus, is now the most profitable cryptocurrency hacker syndicate globally, stealing $571 million worth of cryptocurrency since 2017. Cybersecurity company Group-IB has released a summary of their annual report on trends in hi-tech cybercrime. Group-IB is one of the global leaders in providing high fidelity threat intelligence and anti-fraud solutions and has been active in computer forensics and information security since 2003. The summary of “Successful Attacks on Crypto…

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As Japan’s Police Reports Crypto Scams Tripled in H1 2018, Japanese Crypto Exchange Zaif Is Hacked

As Japan’s Police Reports Crypto Scams Tripled in H1 2018, Japanese Crypto Exchange Zaif Is Hacked

In another attestation to the growing phenomenon of crypto scams all around the world, Japanese police has disclosed that in the first six months of 2018, cryptocurrency frauds have tripled. And if that wasn’t enough, coincidentally, a Japan-based crypto exchange was recently hacked and lost dozens of millions of dollars. Ever since the end of World War II, Japan has always been one of the leading countries on the planet in technological innovation – and…

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