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Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week
16.8.2020
Check out this week’s Bad Crypto podcast
Bitcoin Users Leery of Tor: 23% of the Network’s Exit Capacity Compromised
13.8.2020
Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research report on the subject. The researcher dubbed “nusenu” said he warned people about the growing problem in December 2019 but instead of improving...
Crypto Long & Short: 51% Attacks and Open-Source Value
9.8.2020
Ethereum Classic's recent 51% attacks highlight the value of large open-source networks such as Bitcoin and Eth – it’s about more than hashrate
Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay
8.8.2020
Ransomware attacks are increasingly becoming the norm as the world struggles with the fallout of the coronavirus pandemic
Ethereum Classic Attacker Successfully Double-Spends $1.68M in Second Attack: Report
7.8.2020
The attacker attempted to double-spend roughly $3.3 million during the second attack
Why is the ETC Price Steady Despite Risk of Further 51% Attacks?
7.8.2020
Despite suffering its second 51% in a week, and major exchanges disabling deposit, withdrawal, and some trading services, Ethereum Classic is up 2% over yesterday
Ethereum Classic Suffers Second 51% Attack In a Week
6.8.2020
Ethereum Classic has suffered a 4,000-block long reorganization, its second such incident in five days. The first attack, which saw more than 3,000 blocks reorged, saw an attacker steal more than 800,000 ETC, worth about $5.6 million
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
3.8.2020
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...
Cryptojacking Attacks Are Seriously Underestimated, Says BlackBerry VP
1.8.2020
BlackBerry exec believes that many businesses don’t have a great visibility about the combination of crypto mining apps with malware
Ethereum Classic Undergoes Likely 51% Attack With 3693-Block Chain Reorganization
1.8.2020
Developers advise exchanges to pause ETC deposits and withdrawals
Crypto Scammer on the Prowl as YouTube and Twitter Become Central to Bitcoin Scams
23.7.2020
Bitcoin giveaway scammers are getting away with Bitcoin
T-Mobile Sued Over $8.7m Stolen in SIM-Swap Attacks
23.7.2020
The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto
Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
Attempted 51% Attack on Bitcoin Gold Was Thwarted, Developers Say
11.7.2020
A 51% attack on Bitcoin Gold was unsuccessful
Successful Ransomware Attacks Decline in 2020
10.7.2020
A report published by Emsisoft revealed a strong decline in successful ransomware attacks during Q1 and Q2 2020
MIT Crypto Group Researcher Says PoW Attacks Not Always Obvious
9.7.2020
James Lovejoy, a research assistant for Massachusetts Institute of Technology, or MIT, crypto and blockchain group the Digital Currency Initiative, explained blockchain attacks might not always be obvious
Kraken Discovers Supply Chain Attacks Against Ledger Wallets
8.7.2020
Hardware wallet Ledger is allegedly vulnerable to two new attacks, Kraken exchange warned
Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks
4.7.2020
Avaddon ransomware is exploiting Excel 4.0 macros to deploy an attack against users
Study Shows Indonesia Was Hit Hard By Crypto-Centric Attacks
30.6.2020
Microsoft research shows crypto-related attacks grew in Indonesia during from 2018 to 2019
Researchers Say Ransomware Attacks on the Rise As More People Work From Home
29.6.2020
Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic