Tag: Bitcoins

Lizard Squad DDoS Service Database Hacked

According to a new blog post from famed security researcher Brian Krebs, the DDoS service offered up by the hacking duo Lizard Squad has been compromised, and the identifying information contained within has been leaked as a result. If you’ll remember back to Christmas, Lizard Squad made headlines when they took down the networks of […]

Silk Road 2.0 Bust Shuts Down Several Other Domains

The recent take down of Silk Road 2.0 was a part of a much larger crackdown operation by the FBI and UK’s National Crime Association in several countries, seizing several darknet domains. The police have arrested 17 individuals from several countries and the bust has resulted in the shutdown of more than 25 other Tor […]

Italian Councils Paralyzed By Bitcoin Ransomware Virus

Municipal councils across Italy have seen their PC files encrypted by a ransomware virus demanding Bitcoin payments to decrypt the files. Ransom demands are starting at around €400 Euros and failure to pay the amount within three days doubles the ransom. Officers in Bussoleno, a small town in Northern Italy, could only recover important data […]

Hacker Takes Control of Satoshi Nakamoto’s Email

A hacker claims to have gained access to the email account of Satoshi Nakamoto, the founder of Bitcoin and until this point, a secret and anonymous figure. The hacker is threatening to reveal private information in exchange for money. The hacker who is going by the name, “Jeffrey”, responded to emails from Wired and stated […]

IPVanish Bitcoin

IPVanish Adds Bitcoin To Its List of Payment Options

IPVanish has added another payment method – Bitcoin cryptocurrency – to their list of global payment options. With Bitcoin, users can enjoy absolute anonymity as it is completely untraceable and 100 percent private. While IPVanish provides services for users to stay safe from hackers; with this latest payment addition, user identity can be protected from […]

F-Secure Develops Anti-Ransomware Unlocker

Over the past year, ransomware and its variants have taken the malware world by storm. What started with CryptoLocker soon morphed into SimpleLocker, then Pandemiya, and CryptoWall. From there we saw even more advanced, increasingly terrifying variations like ZeroLocker, and most recently, the server-hungry SynoLocker. The defining key which links most of these cases together […]

Phishing Attackers Imitate Popular Bitcoin Websites

Bitcoin news website CryptoCoinNews (CCN) was impersonated in a phishing attack on Thursday, August 14, marking the latest in a recent string of attacks impersonating bitcoin-related domain names. Photo: Flickr The attacker registered a similar domain name (cryptocoinznews.com) and proceeded to send emails to potential advertisers while offering special discounted rates. The offer promised to […]

Cryptolocker Defied – Get Your Files Decrypted For Free

Cryptolocker victims can now get their locked files back without paying any ransom. This has come as a big relief to almost 500,000 people whose computers have been hacked by the malware. What is Cryptolocker Cryptolocker ransomware has been in the limelight throughout this year. From the GOZ (GameOver Zeus) botnet being eliminated by the […]

Tokyo Police Launch Formal Mt. Gox Investigation Over Missing Bitcoin

We’ve covered the embattled bitcoin exchange Mt. Gox in the past and the infamous missing coins but now the Tokyo Metropolitan Police have launched an official investigation into the incident several months later. Alleged hacking attacks in February led to the exchange, headed up by chief executive Mark Karpeles, losing 850,000 bitcoins valued at around […]

US Bitcoin Auction Draws Big Name Bidders

When the FBI and US government announced that it would be auctioning off the bitcoins salvaged from last year’s infamous Silk Road seizure, it piqued many people’s interests, namely because of the value – a whopping $17.4 million. So much so that Wall Street and Silicon Valley is getting in on the bidding. With registration […]

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Security Breach Affects Nearly 30,000 Iowa State Students

There are currently about 30,000 students that have spent this week wishing that they chose a different university. These are the students on file at Iowa State University. These are also the victims of a major security breach. The Problem at Hand The IT staff at Iowa State identified a security breach in five different […]

LocalBitcoins Hit By Malware

A couple of hours ago, an urgent message was posted to Reddit warning all users of LocalBitcoins to remove their funds from their wallets. The user claimed that 5BTC were debited from his or her account without permission and that other users were experiencing the same issue. LocalBitcoins have now responded through their blog, informing […]

More Virtual Currency Exchange Heists To Add To The List

It wasn’t even a month ago when IT Business released a news article titled Two more Bitcoin exchanges get hacked… and all of a sudden it has happened again. Well, a little bit differently this time. This time around, there was an internal heist and a questionable closure. The latter of the two looking along […]

$100,000 of Bitcoin Stolen in Canadian Heist

After a string of heists affecting dozens of different online exchanges, including MtGox in Japan and Poloniex in Great Britain who both suffered devastating losses at the coding fingers of a handful of skilled hackers over the past several months, the latest attack has taken place in Canada. The most recent exchange to take a […]

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More Bitcoin Banks Fall to Hacker Attacks

Every day it seems like we’re writing another story about a Bitcoin bank being broken into, and every day investors lose that much more confidence in a currency which was once heralded as the “end of classical finance as we know it”. This week, the owner and proprietor of the Bitcoin exchange Poloniex informed users […]

MtGox Confirms that the Exchange was Hacked

Embattled Bitcoin exchange MtGox has issued a statement addressing its recent controversies, namely the loss of millions of dollars worth of the cryptocurrency. A statement was posted on the main MtGox page that suggests their servers had in fact been compromised. “At the start of February 2014, illegal access through the abuse of a bug […]