Security experts say they are skeptical that a group called Turkish Crime Family actually possess a cache of hundreds of millions of Apple iCloud account credentials.
Tag Archives: cryptocurrency
A Typo in Zerocoin's Source Code helped Hackers Steal ZCoins worth $585,000
Are you a programmer?
If yes, then you would know the actual pain of… “forgetting a semicolon,” the hide and seek champion since 1958.
Typos annoy everyone. Remember how a hacker’s typo stopped the biggest bank heist in the history, saved $1 billion of Bangladesh bank from getting stolen.
But this time a typo in the Zerocoin source code costs the company more than $585,000 in losses.
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Malicious Cryptocurrency Mining tool turns Computers into Zcash Mining Machines
Since its launch over a month ago, new virtual currency Zcash (ZEC) has become a significant way for cybercrooks to make money by infecting computers with software mining program.
Launched in late October, Zcash (ZEC) is a new cryptocurrency currency that claims to be more anonymous than Bitcoin, as the sender, recipient and value of transactions can be hidden.
With this premise, Zcash
DDoSCoin — New Crypto-Currency Pays Users for Participating in DDoS Attacks
It’s 2016, and now, you can earn some dollars by contributing into well-organized DDoS attack scheme.
Do you know while mining Bitcoins you are actually contributing a significant computational power to keep the Bitcoin network running?
In Bitcoins, the miners actually build and maintain massive public ledger containing a record of every Bitcoin transaction in history.
When one user tries
Bitcoin Price Drops 20% After $72 Million in Bitcoin Stolen from Bitfinex Exchange
Yet another blow to Bitcoin: One of the world’s most popular exchanges of the cryptocurrency has suffered a major hack, leading to a loss of around $72 Million worth of Bitcoins.
Hong Kong-based Bitcoin exchange ‘Bitfinex’ has posted a note on their website announcing the shutdown of its operation after discovering a security breach that allowed an attacker to steal some user funds.
While
Corrupt Federal Agent charged in Silk Road theft accused of stealing another $700,000
A former United States undercover agent who stole hundreds of thousands of dollars worth of Bitcoins during an investigation into the underground drug marketplace Silk Road is now suspected of stealing even more of the cryptocurrency from two other cases.
Shaun Bridges is one of two former US agents who pleaded guilty last year and was sentenced in December to almost six years in prison for
Five alternatives to Bitcoin
Here’s a small selection of alternatives to Bitcoin – each of which has its own advantages. All of them share Bitcoin’s fundamental strengths, however – minimal or zero transfer fees, and freedom from traditional banking restrictions.
The post Five alternatives to Bitcoin appeared first on We Live Security.
MyCoin closure leaves $387 million missing in investor funds
Investors fear they may have lost up to $387 million after Bitcoin exchange MyCoin shut down this week, reports ZD Net.
The post MyCoin closure leaves $387 million missing in investor funds appeared first on We Live Security.