Passwords

How To Choose a Crypto Wallet

By Susan Doktor If you had a million dollars—or even a thousand Euros—chances are, you wouldn’t keep them under the proverbial mattress in your home. There are burglars out there, after all. There’s the risk of fire. And if you wanted to spend your money to pay your electric bill, you’d have to transfer your money to a bank account anyway, unless you wanted to pay your bill in person. And who wants to take the time to do that. You’re much more likely to stash your cash in a

‘Triad’ members kidnap and torture Hong Kong crypto trader who manages to escape

A 39-year-old Hong Kong man was kidnapped and held for ransom last week after meeting a Tether buyer in Kowloon Bay.  The man was taken inside an industrial facility, assaulted, and forced to hand over his phone and trading platform passwords.  He was held captive for about a week at Tai Po, northern Hong Kong. His kidnappers demanded HK$30M from his family.  His relatives contacted the cops on Nov. 9, 2021. The police then stormed the house where the victim was being held, but he managed to flee through a

How to Best Protect Your Money From Hackers as Crypto Markets Boom

“I got hacked and don’t even know how it happened,” mourned one crypto user on Twitter. “I left my wallet open in my browser on MetaMask and they got into my wallet. Lost all saitama, floki and hokk.”Sponsored Sponsored A small crypto investor, @ltjyaussie says he has always been careful with wallet security issues but did not know what hit him this time around. The Cyprus-based investor was a victim of a systematic attack. Against all his perceived defenses, he still got taken for a ride. He’s just one of

Ledger Client Details Leaked | Bitcoin News Summary Aug 3, 2020

 Some alarming news for Ledger hardware wallet users was announced. The company’s internal records were breached, revealing customer details which include up to a million email addresses. A further 9,500 customers had their full names, numbers, and addresses leaked. While funds secured by Ledger devices are still safe, any users who got an email from the company saying they were affected should be on guard against phishing or even real-world attacks. The perpetrators of last week’s high profile Twitter hack, in which accounts of various celebrities and leaders were

Zoom Data Scandal Shows Blockchain May Be the Future of Communications

As people around the world started following shelter-in-place orders, popular video conferencing platform Zoom quickly gained new users, noting in a recent blog post that it had reached more than 200 million daily users last month, up from 10 million in December. From virtual conferences to online birthday parties, thousands of individuals have flocked to Zoom in an attempt to remain social at a time when social gatherings are banned.Yet, while Zoom may have seemed like the perfect alternative to in-person gatherings, a major security flaw has been lurking in

Sophisticated Mining Botnet Identified After 2 Years

Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1.The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines running MS-SQL servers — of which Guardicore estimates there are just 500,000 in existence worldwide.However, despite their scarcity, MS-SQL servers offer sizable processing power in addition to typically storing valuable information such as usernames, passwords, and credit card details.Sophisticated crypto-mining malware network identifiedOnce a server is infected, Vollgar “diligently and

Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic

As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware hacks to access people’s crypto holdings.On March 27, residents in the United Kingdom received warnings from their local councils “to be on their guard against a series of scams attempting to take advantage of the coronavirus outbreak.” Scammers have been using other tricks to lure victims, including the use of false Bitcoin (BTC) donation channels, fake