Hackers:  As we celebrate a quite successful 2019 in the crypto industry and enter the new year with new hope, hacks and scams across the industry remain a problem we have to face in 2020. Centralized exchanges and custodial wallets were the most targeted institutions across 2019 with investors losing over $500 million in the […]

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Hackers:  Last week, the New Orleans government fell victim to a cyberattack that apparently involved Ryuk, a type of ransomware used to lock up computer data until a ransom is paid (usually in bitcoin) to unlock it. A state of emergency was declared last Friday, and more than 4,000 government computers and servers were shut […]

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Hackers:  Last week, a software company that develops antivirus programs reported the discovery of malicious code hidden in WAV audio files, including malware known as “steganography,” in which hackers hide malware codes in ordinary-looking files. The report notes that when played, some of the WAV files produced music with no discernible quality issues, while others […]

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Hackers:  Following the theft of $6.5 million worth of VET tokens from its buyback wallet, blockchain platform VeChain announced that it will be taking several measures to ensure the network’s safety. The CFO took full responsibility for the attack and resigned from his position, while the company said the final decision as to what to […]

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Hackers:  On Dec. 2, the Norwegian app security firm Promon revealed the discovery of a dangerous Android vulnerability called StrandHogg, which has reportedly infected all versions of Android and has put the top 500 most popular apps at risk. Promon CTO Tom Lysemose Hansen commented:  “We have tangible proof that attackers are exploiting StrandHogg in […]

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Hackers:  On November 27th Upbit was the latest exchange to fall victim to a hack.  Following the theft of 342,000 Ether (About $50 million) from major South Korean crypto exchange Upbit, some commentators have suggested that the hack was actually an inside job.  In its statement, the exchange emphasized that it deemed the 342,000 ETH […]

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Hackers:  GetMonero.org, the official website of the privacy-focused Monero cryptocurrency, was down Wednesday morning, two days after a user on Github reported a miss-matched hash in command line interface binaries available for download from Monero’s website.  A few hours later, users had determined that the anomaly was no error, but malicious code planted to steal […]

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Hackers:  John McAfee said that it is not the responsibility of cryptocurrency firms to help prevent crypto use in crime. McAfee delivered his remarks in a recent interview.  McAfee argued that authorities should not require cryptocurrency companies and trading platforms to help them control digital currency use in illicit activities. McAfee said he hopes that […]

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Hackers:  Vietnam-based little-known cryptocurrency exchange VinDAX has been hacked, losing “half a million USD” worth of cryptocurrencies.  An admin of VinDAX’s official Telegram channel, with the handle “@VinDAXSupport” confirmed on Friday that it is “true” that the exchange got hacked and lost cryptocurrencies worth the amount. They said the breach took place “3 days ago.”  […]

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