Binance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto. As Zhao told Cointelegraph on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia. Competitors behind the attacks? Zhao emphasized that there are “a…
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The world’s largest crypto exchange, Binance, faced a series DDoS attacks on its Chinese domains on April 29. The world’s largest cryptocurrency exchange, Binance, has faced a series of distributed denial of service, or DDoS, attacks on its Chinese domains earlier today. Binance CEO and founder, Changpeng Zhao, or CZ, tweeted about the attacks on…
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Hackers have infected the infrastructure of Parkview Medical Center with ransomware that demands cryptocurrency in exchange for an encryption key. Hackers have infected the infrastructure of Parkview Medical Center — the largest health center in Pueblo County, Colorado — with cryptocurrency ransomware. Citing a hospital employee, Fox News reported on April 24 that Meditech —…
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A ransomware group switched from Bitcoin to Monero to better protect the hackers’ identities. A kind of ransomware — a malware that encrypts user data and asks for a ransom to restore access to it — switched from Bitcoin (BTC) to Monero (XMR) to better protect the hackers’ identities. According to an April 11 report…
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A Bitcoin ransom was paid by a London-based company after suffering a ransomware attack on their systems. London-based company, Travelex, reportedly paid hackers almost $2.3 million in Bitcoin (BTC) after suffering a ransomware attack on January 11. According to sources quoted by The Wall Street Journal on April 9, the UK firm’s networks were infiltrated…
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Check the bad crypto news of the past week. Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer. In…
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AT&T wants two claims of deceit and $200 million dismissed from the ongoing case over a crypto investor who lost $24 million to a SIM-swapping attack in January 2018. AT&T is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael…
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Black hat hacker group claims to have compromised an insurance giant with ransomware. Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data. Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze…
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False information on the coronavirus pandemic spread across Argentina’s official noticeboard due to a breach in their blockchain-based system. In the midst of the global emergency caused by the Coronavirus pandemic, the Argentine government confirmed on March 14 that they suffered a hack on the website of their official gazette (Boletin Official) based on blockchain…
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A study by a trust-gauging company claims that cryptocurrency-related scams are the second-riskiest in Canada and the U.S. A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans. According to research from trust-gauging organization published on March 2nd, scams…
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