Blog Archives

Coincheck Hacked For $535 Million In NEM Tokens

Posted on 26th January, 2018

In a stunning announcement made earlier today, Tokyo-based cryptocurrency exchange Coincheck revealed that the company was the victim of the largest cryptocurrency heist in history. According to a report published by Japanese newspaper Asahi Shimbun (and translated by Coindesk), the hackers made off with over 500 million NEM (XEM) tokens, worth roughly $535 million (58 […]

Satoshi Nakamoto’s email compromised, one hacker possibly identified

Posted on 9th September, 2014

Yesterday evening, a person using the email address long associated with mysterious bitcoin creator Satoshi Nakamoto sent the following message to Bitcoin Talk administrator Michael “theymos” Marquardt: “Michael, send me some coins before I hitman you.” Almost immediately, Marquardt took to the Bitcoin Talk forum to warn the bitcoin community that Satoshi Nakamoto’s email had […]

“Celebgate” photo leaks bring bitcoin back into the pop culture conversation

Posted on 1st September, 2014

It’s being called “Celebgate,” and it’s already bringing a new wave of negative attention to bitcoin. Over the weekend, a poster on infamous anonymous image-sharing message board leaked hundreds of private, nude photos of several female celebrities, including Oscar-winner Jennifer Lawrence, swimsuit model Kate Upton and others. The anonymous 4Chan poster also claimed to […]

Roger Ver turns tables on hacker by offering 37.6 BTC arrest bounty

Posted on 23rd May, 2014

If you’ve been involved with bitcoin for even a brief time, odds are you’ve at least heard the name Roger Ver. The venture capitalist has been involved in seed funding for some of the biggest names in the bitcoin industry — Kraken, Blockchain, Ripple and the Bitcoin Foundation, just to start — earning him the […] hacked, all funds lost

Posted on 19th March, 2014

As the major exchanges ramp up their security efforts in response to the transaction malleability attacks that took down Mt.Gox, several smaller exchanges with less development resources have found themselves targeted. The most recent case involves, based (for tax purposes, at least) in the Pacific island nation of Palau. CoinEX is a small exchange […]

Hackers demand .25BTC per user extortion not to release stolen Mt.Gox data

Posted on 11th March, 2014

Last week, hackers released a variety of potentially damaging internal Mt.Gox databases as well as a wallet-stealing virus disguised as a search tool. The hackers also claimed to have over 20 GB of Mt.Gox user data which they planned to sell “one or two times to make up personal loses from gox closure” for 100 […]

Poloniex hacked for 12.3% of Bitcoin supply, withdraws difference from user accounts

Posted on 6th March, 2014

On March 4, virtual currency exchange Poloniex was hacked through a previously unknown code vulnerability. Writing on the forum, owner Tristan D’Agosta outlined the process that allowed the attack and resulted in the freezing of trading and withdrawals on the site. The hacker discovered that if you place several withdrawals all in practically the […]

Linux flaw may be Bitcoin security risk

Posted on 6th March, 2014

During a recent audit of the cryptographic program GnuTLS, Red Hat analysts discovered a “critical” bug that would allow attackers to bypass secure sockets layer (SSL) and Transport Layer Security (TLS) protections. The flaw in the GnuTLS library allows attackers to eavesdrop on encrypted traffic, opening up the potential for stolen passwords and more damaging […]

Flexcoin to close following 896 BTC theft

Posted on 4th March, 2014

On Sunday, March 2, Alberta-based “Bitcoin bank” Flexcoin was hacked. Thieves made off with all 896 Bitcoins in the system’s online “hot wallet,” roughly $600,000 at current prices. According to an announcement on the site, Flexcoin “does not have the resources, assets, or otherwise to come back from this loss.” Effective immediately, Flexcoin is closed. […]