Blog Archives

ISP-rerouting hackers steal $83,000 in various cryptocurrencies

Posted on 8th August, 2014

A report published by Dell’s SecureWorks says that hackers were able to steal roughly $83,000 in bitcoin and other cryptocurrencies by exploiting a weakness in how web traffic is routed. The report claims that 19 internet service providers, including big players like Amazon and DigitalOcean, were impacted. The exploit allowed hackers to briefly gain control […]

Report: BTCJam and Digital Mining Investments lose nearly $200,000 to alleged scam artist

Posted on 15th July, 2014

In a report published today on CoinDesk, a former employee of Tampa-based bitcoin mining operation Digital Mining Investments (DMI) allegedly stole over $165,000 in mining hardware and another 55 BTC ($35,000)in donations from popular bitcoin lending site BTCJam. The company claims that the man, using the assumed name Jon Simms, spent months building up trust […]

Report: Pony botnet virus lifts $220,000 from digital wallets

Posted on 25th February, 2014

IT security company Trustwave claims that at least $220,000 in Bitcoin and other virtual currencies has been stolen from digital wallets through the Pony botnet. In a blog posted yesterday, the Chicago-based security services provider claims the Trojan virus-based attacks can steal funds from over 30 types of wallets. According to our data, the cyber […]

New Silk Road hacked for $2.6 million via Bitcoin glitch

Posted on 14th February, 2014

The latest incarnation of Bitcoin black market site Silk Road had been hit by the same “transaction malleability” glitch that recently took down Mt.Gox and Bitstamp. A message from site administrator “Defcon” was leaked to Reddit yesterday outlining the issues on Silk Road. According to the email, no account information was hacked, and all of […]