02 Jan 2020

Change your password: Poloniex cryptocurrency exchange reveals data leak

Cryptocurrency exchange Poloniex has enforced a password reset for all customers after it was impacted by a data leak. However, many users believed that the password reset email was a phishing attempt, where malicious actors send fraudulent emails disguised as legitimate companies to lure victims into submitting login credentials. The

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28 Jan 2019

This Trojan infects Chrome browser extensions, spoofs searches to steal cryptocurrency

Researchers with Kaspersky Lab have uncovered a Trojan that is designed to compromise systems by somewhat unorthodox means in order to steal cryptocurrency. The Trojan, dubbed Razy, is distributed through malicious web-based adds (malvertising) as well as file hosting services. The Trojan can install new browser extensions on Google Chrome,

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08 Jan 2019

Coinbase suspends Ethereum Classic (ETC) trading after double-spend attacks

Coinbase, a popular cryptocurrency trading platform, has suspended trading of the Ethereum Classic (ETC) currency after it discovered that criminals have been carrying out double-spend attacks on the ETC blockchain for the past few days, starting on January 5. Double-spend attacks require malicious actors to obtain at least 51% of the

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24 Oct 2018

Trade.io loses $7.5Mil worth of cryptocurrency in mysterious cold wallet hack

“Cryptocurrency exchange Trade.io admitted to a security breach on Sunday. The company said that an unknown party has withdrawn over 50 million Trade tokens (TIO) from its cold storage wallets. The funds are worth over $7.5 million at Monday’s TIO trading price. It is unclear how the hack happened. Cold

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12 Oct 2018

Cryptocurrency theft hits nearly $1 billion in first nine months: report

“Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from U.S.-based cyber security firm CipherTrace released on Wednesday. The report, which looks at

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