BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack. Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of funds by the company and its customers.BTC.com experienced a cyberattack on Dec. 3, with attackers stealing around $700,000 in client
New technology also means new responsibilities. Security is key in the digital age. As internet banking comes of age, so too do new ways of stealing funds. That makes cybersecurity central to modern banking, according to David Leach, JPMorgan Chase’s Asia-Pacific head of cybersecurity and technology controls.”It’s a competitive disadvantage not to have a robust…
The quest to protect Ethereum Classic continues. As it grapples with multiple security breaches, Ethereum Classic Labs has partnered with ChainSafe and OpenRelay in hopes of increasing its defenses against 51% attacks. In a post, Ethereum and its Core Dev Team will work with both ChainSafe and OpenRelay to develop and test security responses. James Wo, founder…
We’re pleased to announce the integration of Cloud Backups for the Blockchain.com Wallet, solving the age-old catch-22: how to make controlling your money both easy and secure.Non-custodial wallets have always been a unique feature of crypto. They allow complete user sovereignty by ensuring that only those who control the private keys have access to an account.…
A UK-based university is investigating the slow response to a ransomware attack that took place in May. The University of York has confirmed that a ransomware attack from an unnamed gang took place in May. Vulnerabilities from their third-party service provider led to the data breach.According to an announcement via the University’s website, Blackbaud, one…
Maze and Doppelpaymer are threatening to leak data from LG and Mitsubishi respectively after launching a ransomware attack. Two ransomware gangs reportedly attacked the electronics giant, LG, and Japanese multinational car manufacturer, Mitsubishi. The hackers are now threatening both companies with data leaks.Screenshots posted to the gang’s blog show several files, as well as source…
A malware called “Lucifer” is targeting old vulnerabilities in Windows systems to install a well-known Monero mining application. On June 24, security experts from Palo Alto Networks’ Unit 42 warned about a new self-propagating malware that launches cryptojacking and DDoS attacks against Windows systems. The software operates under the name “Lucifer”.According to the study, Lucifer…
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