Hackers Launch Widespread Botnet Attack on Crypto Wallets Using Cheap Russian Malware

With millions of dollars cryptocurrency stolen from crypto wallets every year, security researchers were surprised to find one active botnet being run for about $160. The bargain Trojan malware is called MasterMana Botnet, which uses mass mailing to send phishing emails with attachments containing malicious code to crypto investors. Once someone clicks on the email, the […]

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Emsisoft Releases Bug Fix for Bitcoin-Ransoming Malware WannaCryFake

Software firm Emsisoft released a bug fix for the bitcoin-ransoming malware WannaCryFake. Announced today in a blog post, the free software will help recover encrypted files without leading to data loss. Unlike real crypto-mining exploits, ransomware is dependent on extortion to reap a reward. Ransomware attacks increased 118 percent in 2019, equaling 504 new threats […]

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‘Panda’ Crypto Malware Group Has Nabbed $100K in Monero Since 2018

A cybersecurity firm has identified a group behind a spate of cryptocurrency-mining malware attacks that have been targeting enterprises across the globe. Said to have already scooped up almost $100,000 (at current prices) in the monero cryptocurrency via its malicious software packages, the group has been dubbed “Panda,” by the team that identified it last […]

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Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in a Series B funding round led by Tokyo-based financial institution SBI Holdings. Announced Wednesday, the funding will help drive Elliptic’s Asia expansion, which includes a recently opened Singapore office and one in Japan that will open this week. Tomoyuki Nii, executive officer for overseas investment at […]

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In Big Block Hard Fork, Craig Wright’s Bitcoin Has Left Nodes Behind

In the wake of a recent network upgrade, a number of nodes have been separated from the bitcoin SV blockchain, a development that highlights why “hard forks” have long been the subject of passionate infighting among cryptocurrency developers. According to block explorer Blockchair, roughly 20 percent of BSV nodes are still running an older version […]

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Lightning Labs Designs Monitoring Tool for ‘Layer 2’ Bitcoin Network

The lightning network, seen as the future of bitcoin payments, is now a bit easier to monitor. This Wednesday, Lightning Labs released a new network analysis tool dubbed “Lndmon” that bitcoin lightning network users can use to pull up data about the state of their node and the rest of the network. The offering features […]

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Crypto Loans Firm Left Thousands of Users’ Financial Data Exposed

Cryptocurrency loans platform YouHodler left millions of records containing private financial data from thousands of users exposed online, researchers found. In a blog post, vpnMentor said its research team, led by Noam Rotem and Ran Locar, discovered a database leak as part of their web-mapping project and traced it back to YouHodler. The data, they found, exposed comes to […]

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Facebook’s Libra Lacks Foundational Components for Crypto Key Security

Steven Sprague is one of the principal industry evangelists for the application of trusted computing technology. Steven served as president and CEO of Wave Systems Corp. for 14 years before transitioning to the board of directors. Recently, Facebook launched Libra with the stated goal of “transforming the global economy.” It’s a lofty aim. However, after […]

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Tendermint Says Last Month’s Cosmos Vulnerability Exposed Security Loophole

The developers behind the Cosmos network released today a full disclosure of last month’s “critical security vulnerability” which reportedly enabled hackers to bypass certain penalties for misbehavior on the network. Zaki Manian, director at Tendermint Inc – the for-profit entity behind the core technology of the Cosmos network – detailed to Coindesk in an interview: […]

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Researcher Discovers Serious Vulnerability in Paper Crypto Wallet Site

A security researcher from MyCrypto.com, Harry Denley, has posted a detailed – and damning – analysis of paper wallet site WalletGenerator.net. The core of the analysis hinges on WalletGenerator’s original open-source code, available here. Until August 17, 2018 the online code matched the open-source code and the entire project generated wallets using a client-side technique […]

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