Bitcoin

Pierluigi Paganini October 22, 2021
DarkSide ransomware operators move 6.8M worth of Bitcoin after REvil shutdown

Darkside and BlackMatter ransomware operators have moved a large amount of their Bitcoin reserves after the recent shutdown of REvil’s infrastructure. The gangs behind the Darkside and BlackMatter ransomware operations have moved 107 BTC ($6.8 million) after the news of the recent shutdown of REvil’s infrastructure by law enforcement agencies. “The ransomware group REvil was […]

Pierluigi Paganini May 17, 2021
Bitcoin down: 51% attack? No, put the blame on Elon Musk

The price of Bitcoin falls after Elon Musk declared that its company, Tesla, may have sold holdings of the cryptocurrency We have a long-debated about the possibility that the Bitcoin price could be influenced by threat actors through 51% attacks, but recent events demonstrate that it could be easier to manipulate its value. A simple […]

Pierluigi Paganini January 21, 2021
Dovecat crypto-miner is targeting QNAP NAS devices

QNAP is warning customers of a new piece of malware dubbed Dovecat that is targeting NAS devices to mine cryptocurrency. Taiwanese vendor QNAP has published a security advisory to warn customers of a new piece of malware named Dovecat that is targeting NAS devices. The malware was designed to abuse NAS resources and mine cryptocurrency. The malware […]

Pierluigi Paganini December 08, 2020
Russian Alexander Vinnik sentenced in Paris to five years in prison for money laundering

Russian citizen Alexander Vinnik was sentenced in Paris to five years in prison for money laundering and ordered to pay 100,000 euros in fines. Russian citizen Alexander Vinnik was sentenced in Paris to five years in prison for money laundering and ordered to pay 100,000 euros in fines. The man went on trial in Paris for having […]

Pierluigi Paganini November 06, 2020
US authorities behind $1 billion Bitcoin transaction of Silk Road funds

The United States announced the seizure of $1 billion worth of Bitcoin stolen by an individual from the Silk Road marketplace. On November 3, The United States this week announced that it has seized $1 billion worth of Bitcoin stolen by an individual from the Silk Road marketplace over half a decade ago. “The United […]

Pierluigi Paganini November 04, 2020
Someone emptied a $1 billion BitCoin wallet ahead of Presidential Election

Yesterday almost $1 billion worth of cryptocurrency contained in a password-protected BitCoin wallet was moved to another wallet. Ahead of the 2020 Presidential election a mysterious transaction was noticed by cyber security experts and researchers. Someone has transferred almost $1 billion worth of cryptocurrency contained in a password-protected BitCoin wallet to another wallet. It is […]

Pierluigi Paganini September 26, 2020
Hackers stole more than $150 million from KuCoin cryptocurrency exchange

Singapore-based cryptocurrency exchange KuCoin disclosed a security breach, hackers stole $150 million from its hot wallets. Singapore-based cryptocurrency exchange KuCoin disclosed a major security incident, the hackers breached its hot wallets and stole all the funds, around $150 million. Deposits and withdrawals have been temporarily suspended while the company is investigating the security incident. “We […]

Pierluigi Paganini September 12, 2020
INVDoS, a severe DoS issue in Bitcoin core remained undisclosed for two years

The INVDoS (Bitcoin Inventory Out-of-Memory Denial-of-Service)Attack would have allowed hackers to crash Bitcoin nodes and alternative chains. Two years ago, the Bitcoin protocol engineer Braydon Fuller. discovered a major uncontrolled memory resource consumption denial-of-service vulnerability (INVDoS), tracked as CVE-2018-17145, that affected the peer-to-peer network code of three implementations of Bitcoin and other blockchains, including Litecoin, Namecoin, […]

Pierluigi Paganini April 10, 2020
Hacker stole $250K from decentralized Bitcoin exchange Bisq

Cryptocurrency exchange Bisq stopped trading activities due to a cyberattack, crooks have stolen $250,000 worth of virtual currency from the company. The decentralized exchange (DEX) Bisq rang stopped trading activities late Tuesday night after it uncovered a critical security vulnerability that was exploited by a hacker to steal more than $250,000 worth of cryptocurrency from […]

Pierluigi Paganini February 11, 2020
The Altsbit exchange will exit in May following a hack

The Italy-based cryptocurrency exchange Altsbit announced that it has suffered a security breach that led to the theft of its customer’s funds. Crypto-currency exchange Altsbit recently disclosed a security breach, the company claimed that hackers have stolen almost all its customers’ deposits.  The Italian cryptocurrency trading firm disclosed the incident on February 5, only a “small […]