Hacker Hijacks ISP Networks to steal $83,000 from Bitcoin Mining pools
Aug 08, 2014
Till now, he have heard about " Bitcoin digital wallet hacked " or " Bitcoin website hacked ", but now a hacker has stolen cryptocurrency from mining pools and generated $83,000 in digital cash in more than four months by gaining access to a Canadian Internet provider. Bitcoin is a virtual currency that makes use of cryptography to create and transfer bitcoins. Users make use of digital wallets to store bitcoin addresses from which bitcoins are received or sent. Bitcoin uses public-key cryptography so that each address is associated with a pair of mathematically linked public and private keys that are held in the wallet. Researchers at Dell SecureWorks Counter Threat Unit (CTU) , a cyber intelligence company, have discovered a series of malicious activities in which a cryptocurrency thief used bogus Border Gateway Protocol ( BGP ) broadcasts to hijack networks belonging to no less than 19 Internet service providers, including Amazon and other hosting services like DigitalO