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cryptocurrency hack attacks.
Not exact matches
«This is certainly not the first, nor will it be the last, such
hack attack on
cryptocurrencies and, all things considered, I think they're taking it fairly well in terms of price,» Colas added.
And last week, in particular, with the continuation of the
hack attacks and closures of the exchanges and the devaluation of said Bitcoin, well, let's just say that it wasn't the best of weeks for that
cryptocurrency.
South Korea's spy agency beileves a recent run of
hacking attacks on domestic
cryptocurrency exchanges is linked to North Korea.
2017 saw significant
hack attacks on financial institutions, the banking sector, and even the
cryptocurrency exchanges.
In South Korea, many
cryptocurrency exchanges including Bithumb have been subject to various data
hacking attack in the previous couple of years while in other nations like UK, Europe and USA, these number of breaches have been relatively much lesser in number.
Because of their reliance on a single point of failure, centralized
cryptocurrency exchanges and wallet platforms are vulnerable to
hacking attacks.
The financial regulator of Japan has announced its plans to inspect national
cryptocurrency exchanges after Coincheck lost $ 530 million in altcoins due to
hack attack.
NEM was the
cryptocurrency that was the target of the biggest ever
hack attack that took place in January this year, where $ 530 million worth of NEM token were stolen from the Japanese crypto - exchange Coincheck.
Gemini CEO Tyler Winklevoss and Gemini President Cameron Winklevoss discuss the price of Bitcoin, the risk of
hacking attacks and
cryptocurrency regulation.
2017 saw significant
hack attacks on financial institutions, the banking sector, and even the
cryptocurrency exchanges.
Cryptocurrency exchange platform MintPal has suffered a successful
hack attack that stole 30 % of all vericoins.
The leaked NSA tools were used in a recent
cryptocurrency attack, called Adylkuzz, which used an army of
hacked computers, a botnet, to mine
cryptocurrency and redirect reward points to the attackers» accounts.
South Korea's spy agency beileves a recent run of
hacking attacks on domestic
cryptocurrency exchanges is linked to North Korea.
With rising prices, phishing
attacks,
hack attempts and other ways of stealing
cryptocurrencies have also gone higher.
A cybersecurity firm has warned that North Korea is launching
hacking attacks to accrue bitcoins and other
cryptocurrencies as a means of circumventing the stiff sanctions brought against the country by the United Nations.
Recently, a
cryptocurrency exchange in South Korea collapsed after a massive
hacking attack led to the loss of 17 percent of its assets.
CoinDesk South Korea's spy agency beileves a recent run of
hacking attacks on domestic
cryptocurrency exchanges is linked to North Korea.
A report in Nikkei Asia on North Korea's cyber activities sheds light on the rash of
attacks on
cryptocurrency exchanges in Asia, including the recent
hack of Coincheck in Japan.
The Verge
cryptocurrency has seen its value drop by 25 per cent after a
hacking attack forced its developers to hit the reset button and...
North Korea has recently sponsored a
hacking group known as the Lazarus group, which is going beyond the popular ransomware
attacks aimed at the
cryptocurrency, to actually enter the...
North Korea has recently sponsored a
hacking group known as the Lazarus group, which is going beyond the popular ransomware
attacks aimed at the
cryptocurrency, to actually enter the crypto space.
While crypto exchanges have been recipients of frequent
hacking attacks, some of which have been successful, this is the first time a
cryptocurrency exchange executive has actually been kidnapped.
North Korea is no stranger to
cryptocurrencies: The rogue regime has been accused of launching a global ransom
attack to raise bitcoin,
hacking South Korean exchanges, and mining crypto both
More and more people are becoming victims of sophisticated
hacking attacks that are mainly targeting their
cryptocurrencies.
However, if your computer is
hacked or
attacked by malware, then you might end up losing your precious
cryptocurrencies.
This is certainly not the first, nor will it be the last, such
hack attack on
cryptocurrencies...
XEM / USD price recovered slightly due to the announcement by Coincheck
cryptocurrency exchange stating that they had refunded at least 260,000 customers who were victims of the
hack attack that affect NEM holders amounting to losses of over $ 530 million.
Cryptocurrency exchanges may be vulnerable to
hacks and other
attacks.
Coincheck was the victim of a
hack attack that took place earlier this year where almost $ 530 million was lost in XEM
cryptocurrency.
One of the methods used by the North Korean
hacking group was Spear Phishing, the FireEye report stated, which targeted individual
cryptocurrency users with highly sophisticated phishing
attacks and malware.
Hacking attacks in the
cryptocurrency industry are starting to become a common occurrence and a nuisance.
Hours before the Coincheck team admitted to a
hacking attack, many members of the
cryptocurrency community released evidence that hundreds of millions of dollars worth of NEM were moved from the wallet of Coincheck to external wallets.
As such, upon the occurrence of a
hacking attack or a security breach,
cryptocurrency exchanges often contact the authorities and cooperate with law enforcement to investigate the
attack, as Coincheck did last month.
John McAfee, a security expert and a well - known public figure in the
cryptocurrency space, continued to fuel controversy around Binance and rumors of
hacking attacks, showing screenshots that circulated on various social media platforms.
Attack / Blockchain / Coins /
Cryptocurrencies / cryptos / dash /
Hack / Hackers / Japan / Monero / N - Technology / NEM / NEM coins / NEM Foundation / News / Singapore / stolen / track / Tracking / XEM / Zcash
The rising value of Bitcoin and other
cryptocurrencies have been an incentive for criminals but until now has been contained to online
attacks such as the massive
hacking theft at Japanese
cryptocurrency exchange, Coincheck.
Also, given the size of most major
cryptocurrency exchanges, it is irresponsible to suggest the possibility of
hacking attacks or security breaches without hard evidence.
As the total
cryptocurrency value continues to rise, so do the
hacks, scams, and
attacks in our new digital economy.
The Tesla cloud
hack is the latest in a series of malware
attacks that are carried out for the purpose of mining
cryptocurrency.
The Rise of
Cryptocurrency Hacks As
cryptocurrencies grow in importance, including as a method of extracting revenue from cybercrime, Forcepoint predicts that the systems surrounding such currencies will increasingly come under
attack.
Cryptocurrencies in general have become more and more exposed to
hacks and
attacks by cybercriminals.
Although most established exchanges are well protected, DDOS
attacks, busy trading periods, and
hacks can cause problems with accessing your
cryptocurrency.