23% Of Organizations Globally Affected By Crypto-Mining Malware Coinhive, Says Cybersecurity Firm

23% Of Organizations Globally Affected By Crypto-Mining Malware Coinhive, Says Cybersecurity Firm

Crypto-mining malware is draining enterprises’ CPU power with an estimated 23% of organizations globally being affected by the Coinhive variant during January 2018, according to Check Point’s latest Global Threat Impact index. Researchers o…

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Crypto Startup LoopX Disappears After Raising Millions In Token Sales

Crypto Startup LoopX Disappears After Raising Millions In Token Sales

LoopX, a cryptocurrency startup that raised millions of dollars through several initial coin offerings (ICOs), has disappeared with the funds in what appears to be the latest exit scam. LoopX, which promised “the most advanced trading-algorithm i…

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Fake MyEtherWallet App Becomes Top 3 Finance App on Apple Store

Fake MyEtherWallet App Becomes Top 3 Finance App on Apple Store

On December 9th the team behind MyEtherWallet, the most widely used Ethereum wallet, notified its users about a fake version of its wallet application being distributed via the Apple app store. Christian Lundkvist, a developer at ConsenSys and the foun…

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US SEC Files Charges Against PlexCorps Over Alleged ICO Fraud

US SEC Files Charges Against PlexCorps Over Alleged ICO Fraud

A new division of the US Securities and Exchange Commission focusing on initial coin offerings (ICOs) has filed its first charges against a privately held company called PlexCorps and its top two officials for allegedly defrauding investors. The charge…

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This Is Cantor Fitzgerald’s 2nd Foray Into Crypto, The First Did Not End Well

This Is Cantor Fitzgerald’s 2nd Foray Into Crypto, The First Did Not End Well

Investment firm Cantor Fitzgerald announced a bitcoin futures program set to launch in 2018. The news puts Cantor Fitzgerald on the long list of traditional money forces putting a bet on bitcoin. But this isn’t their first foray into cryptocurrencies. …

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With Ethereum and Bitcoin Reaching All-Time Highs, Hacking Attacks Will Increase

With Ethereum and Bitcoin Reaching All-Time Highs, Hacking Attacks Will Increase

The market valuation of bitcoin and Ethereum have reached new all-time highs, and investors including billionaire hedge fund legend Mike Novogratz believe the two cryptocurrencies could at least triple in value by the end of 2018. Amidst strong rallies…

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South Korea’s Largest Travel Agency Breached, Hacker Demands Bitcoin Payment

South Korea’s Largest Travel Agency Breached, Hacker Demands Bitcoin Payment

Last month, Hanatour, South Korea’s largest travel agency suffered a major security breach, as hackers stole the personal information of over one million users. According to local news publications, hackers have demanded that Hanatour pay a one-time ra…

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Modern Wi-Fi Networks are Vulnerable, Impact on Mobile Bitcoin Wallet Security

Modern Wi-Fi Networks are Vulnerable, Impact on Mobile Bitcoin Wallet Security

Earlier this week, Mathy Vanhoef of the Imec-DistriNet research group, discovered serious weaknesses and vulnerabilities in WPA2, a protocol which is used to secure all modern Wi-Fi networks. Vanhoef’s paper noted: “An attacker within range of a victim…

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PC Malware Steals Funds by Modifying Ethereum Addresses

PC Malware Steals Funds by Modifying Ethereum Addresses

Earlier this week, a user posting on the Ethereum subreddit (/r/Ethereum), the largest Ethereum community with over 131,000 members, revealed that malware installed on Windows computers is capable of altering Ethereum addresses when copying and pasting…

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U.S. CFTC Files Charges Against NY Firm And CEO Over Alleged Bitcoin Ponzi Scheme

U.S. CFTC Files Charges Against NY Firm And CEO Over Alleged Bitcoin Ponzi Scheme

The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal civil enforcement action against Gelfman Blueprint, Inc., a New York corporation, and Nicholas Gelfman, its CEO and head trader, charging them with fraud, misappropriation, and issuing false account statements in connection with solicited investments in bitcoin. According to the CFTC complaint, Gelfman Blueprint and […]

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