White-Hat Hacker Discovers Lethal Bug on Coinbase Interface

Major crypto exchange Coinbase has resolved a serious vulnerability in its trading interface. The discovered glitch could have caused the exchange to lose hundreds of millions of dollars. Security researcher "Tree of Alpha" discovered the lethal bug and reported it via Coinbase’s bug bounty program Coinbase assures that the bug was not maliciously exploited before its response team patched it. How the Bug Worked It began with a report from an ethical hacker, filed to Coinbase’s security team on the…

Robinhood Hack – 7 Million of Users Exposed

In today's world, data is the new oil. Businesses everywhere compete to gather valuable data about their customers. This way, they can target them more effectively and boost their sales. Without customer and financial data, businesses cannot be successful. Similarly, data security is a critical facet of any thriving enterprise. As a result, companies funnel millions of dollars into advanced data security protocols to keep data theft at bay. Nevertheless, we hear about security threats and data leaks from time…

FBI Staff Gain Unauthorised Access to a Crypto Hacker’s Data Via Palantir Glitch

According to a new revelation by the New York Times, some FBI staff allegedly gained access to data owned by a crypto hacker. The FBI gained access to the sensitive data with the help of a glitch in the AI company Palantir. The company has ties with big government agencies like the CIA and the US Immigration Agency( ICE). Crypto Hacker Faces Charges The suspected hacker in question is none other than Virgil Griffith. He allegedly aided the North Korean…

Hack Alert! Japan’s Liquid Global Exchange Loses Almost $100M in Crypto

On Thursday, Tokyo-based Japanese crypto exchange Liquid revealed hackers had compromised it. Liquid did not exactly put up any figure on the amount stolen from the warm wallets. However, Elliptic estimated the hackers made away with about $97 million in digital coins.  The figure included $31 million in ether, $5 million in bitcoin, $13 million in XRP, and stablecoins. $45 million of the amount was in Ethereum tokens. Liquid said that the conversion of the digital assets to ether is underway. This…

All the Things You Need to Know about Sim Swap Hack

The sim card, that small plastic chip tailored to fit into the phone's sim card reader, plays the role of notifying one's cellular device on which cellular network to connect to. It also informs the network provider on which phone number a user will be utilizing. Due to the nature of mobile cellular devices, they are usually prone to be lost. This necessitates switching all these details to a new subscriber identity module (sim) card, increasing ties between one's phone…

Hackers Have Moved Bitcoin Worth $4 million Stolen From Bitfinex in 2016

Part of the Bitcoin stolen by hackers from a hack against cryptocurrency exchange Bitfinex in 2016 has been moved. The hackers did not touch the funds worth millions of dollars for about four years. The movement of the funds was noted by Whale Alert, a Twitter bot that tracks the movement of large trades. It was carried out in twenty transactions and the value of each transaction was between 18 and 33 Bitcoin. The transaction with the lowest value was worth $184,868 while the highest was worth…

Coinsquare Hacker Reveals Plan To Steal Bitcoin

Someone or group stole users’ personal information from Canada-based cryptocurrency exchange and intends to use it to carry out a wave of SIM swapping attacks. The pseudonymous hacker spoke to media outlet Vice in an online chat on June 2. Based on a report by Vice, the perpetrators said they originally had the intention of selling the data but discovered that more money would be made by SIM swapping the accounts When it comes to SIM swapping, it has to do with cloning someone’s…

A Thousand Corporate Systems Infected With XMR Mining Malware

Hackers continue to inject malware through various means into computer systems of unwary individuals and organizations to mine cryptocurrencies. It seems a cryptocurrency mining malware has infected thousands of enterprise systems, based on the discovery of malware analysts from cloud security company Red Canary. The cryptocurrency mining malware is said to be operated by a group tracked under the codename of Blue Mockingbird. The activities of the Blue Mockingbird group seem to have started since December last year, based on Red Canary's…

1 2