Coinbase Tries to Claw Back ‘Trust’ with Bitcoin Handouts after 2FA Gaffe

Coinbase Tries to Claw Back ‘Trust’ with Bitcoin Handouts after 2FA Gaffe

The American crypto exchange giant Coinbase has vowed to win back the “trust” of the customers it spooked with a blunder that saw it send “roughly 125,000” people “erroneous notifications” about changes made to the security settings on their accounts. And the firm has been hoping to quell disquiet by handing “a small number” of its affected customers with bitcoin (BTC) giveaways.

Industry 2021-08-31 16:19
Liquid Exchange Hacked, Working With Other Exchanges on Recovering Funds

Liquid Exchange Hacked, Working With Other Exchanges on Recovering Funds

Japanese crypto exchange Liquid has suffered an attack this morning, with the thief taking off with a still unconfirmed amount of bitcoin (BTC) and ethereum (ETH), among other coins. The exchange has started working with its colleagues on freezing and returning the funds.

Industry 2021-08-19 15:28
Crypto Sector World’s 3rd Industry in Phishing Attacks Growth - Report

Crypto Sector World’s 3rd Industry in Phishing Attacks Growth - Report

Phishing activities continue to intensify across the world. Cryptocurrency increasingly finds itself in attackers’ sight, with a tenfold increase in attacks on exchanges, according to a recent report by cyber threat intelligence company PhishLabs. Due to a spike in attacks, the crypto sector is now ranked as the third industry in terms of growth of phishing attempts.

Industry 2021-08-18 18:30
T-Mobile ‘Hackers Want BTC 6’ for Data, US Offers Dark Web USD 10M in Crypto

T-Mobile ‘Hackers Want BTC 6’ for Data, US Offers Dark Web USD 10M in Crypto

The telecoms heavyweight T-Mobile appears to have suffered a data breach involving the personal and financial 100m users, with hackers ready to hawk out the data in exchange for bitcoin (BTC) – while the American State Department is planning to hand out crypto payments to a more benevolent type of Dark Web user.

Industry 2021-08-16 16:11
Shall We Play a Game, Asks Poly Network Hacker Upon Returning the Funds

Shall We Play a Game, Asks Poly Network Hacker Upon Returning the Funds

As nearly all stolen funds from the massive hack of the decentralized finance (DeFi) interoperability protocol Poly Network have been returned, the hacker continued their Q&A session they began yesterday, consciously providing some clues about their identity - as well as saying they have been offered half a million dollars by the protocol in reward money.

Industry 2021-08-13 16:54
Poly Network Hacker Keeps Sending Funds Back, Returns USD 342M

Poly Network Hacker Keeps Sending Funds Back, Returns USD 342M

The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network has returned more than half of the stolen funds so far.

Industry 2021-08-12 17:52
Poly Network Exploiter Starts Returning the Funds, Gives Back USD 1M

Poly Network Exploiter Starts Returning the Funds, Gives Back USD 1M

The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network is asking the protocol for a Multi-Signature (multisig) wallet to return the funds.

Industry 2021-08-11 17:45

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