Bitcoin | Breaking Cybersecurity News | The Hacker News

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

Once again Facebook is on The Hacker News ! This time not for any scam or surveillance, but for a different reason.  The social networking giant has managed to take down a Greek botnet that used Facebook to spread malware and infected 250,000 computers to mine crypto-currencies, steal bitcoins, email passwords and banking details. Facebook is always one of the favourite weapon of cyber criminals, cyber thieves and scammers due to its popularity among other social media platforms. This social networking platform, with more than one billion active users, provides special opportunities for people to connect and share information, as well as also serves a great platform for malware developers and scammers. The botnet, dubbed as Lecpetex , was around from December 2013 to last month and compromised around 50,000 Facebook accounts at its peak, under which users would receive spam Facebook messages that would typically like "lol" with a zip archive attachment . O

The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo

If you are dealing in cryptocurrency Bitcoin and have Microsoft's Security Essentials (MSE) installed on your system, then you could be infected by a virus called " DOS/STONED " from the Bitcoin BlockChain. With a number of high-profile cases of fraud, theft, and technical incompetence against the bitcoins, it seems like cyber criminals are looking to scam unsuspecting customers. Blockchain is Bitcoin's most popular bitcoin wallet and block explorer. It is a central part of the Bitcoin system that includes a log file in which all bitcoin transactions are recorded. It stores the wallet data in encrypted form and runs on privately owned dedicated hardware. In an discussion on the Microsoft discussion boards, a user go by the name ' edc678 ' claimed that  Microsoft's Security Essentials  is showing alerts of the signature of the STONED virus in the Bitcoin BlockChain, which could only allow an attacker to write small chunk of text to accomp

Last October, the ' Silk Road ' story broke when its owner Ross William Ulbricht , a 29-year-old who allegedly created and managed the Silk Road underground website, was arrested by the Federal Bureau of Investigation (FBI). The police seized the website that was considered one of the most popular Underground places on the Internet for buying drugs and other illicit goods and services. Just some days after the Shutdown of Silk Road , Authorities in Britain, Sweden, and the United States arrested eight more vendors who dedicatedly used to sell illegal drugs on Silk Road. Yesterday, Cornelis Jan Slomp , a 22-year old Dutch man who allegedly used the Silk Road underground black market website to sell illegal drugs for bitcoins worth millions of dollars has agreed to plead guilty in Chicago federal court to federal drug conspiracy charge filed against him, according to a statement issued by U.S. Attorney Zachary T. Fardon in Chicago and Slomp's lawyer. FBI CASHING OUT  SEI

Google always bound to face trouble over the wide and open nature of its app checking policies on Google Play Store, and despite so many security measures, the search engine giant mostly fails to recognize the Android malware that are lurking around its Google Play store in vast numbers. Recently, Google had offered users refund and additional credit of $5 for the bogus antivirus app ' Virus Sheild ' that potentially defrauded more than 10,000 Android users who have downloaded the app from the Google play store. The step taken by Google is really appreciated, as the refunding cost Google around $269,000. Now, it has been found that a number of malicious Android apps on the Google Play store secretly turn users' android devices into small rigs contributing to a large-scale crypto currency mining operation. CRYPTO MINER IN ANDROID APP Security researchers from an anti-malware firm Lookout have identified various malware apps at Google Play Store, which they dub

Although the number of malicious browser extensions has significantly increased in the past years, but recently a new extension of the Google Chrome is allegedly targeting Cryptocurrency users that is capable of stealing Bitcoins and other crypto coins silently. The malicious Chrome browser extension dubbed as ' Cryptsy Dogecoin (DOGE) Live Ticker ' which is available on Chrome Web store for free downloads and developed by " TheTrollBox " account. Reddit user noticed that the updated version of the extension has a malicious code, which is designed to hijack the crypto currency transactions. HOW CHROME EXTENSION STEALS CRYPTOCURRENCY It is very obvious that the kind of crypto related software extensions is downloaded only by the users who deal with the digital currency. So, once the user installed the malicious extension, the software within the extension starts monitoring users' web activity and looks for those users who go to Cryptocurrency exchange sites s

So, How do Hackers compromise a Website? Simply by exploiting the flaws in it, that means they took advantage of the error in the developers' code. Now, this time the hackers itself has left behind a crucial flaw in its malware code which can be exploited by us to help save our computer systems. Believe me, it's not an April Fools' joke! A malicious software program that holds the victims' computer files hostage by wrapping them with strong encryption until the victim pays a ransom fee to get them decrypted, has a critical flaw in its malware code itself that it leaves the decryption key on the victim's computer. The Anti-virus firm Symantec examined a sophisticated malware program dubbed as CryptoDefense (Trojan.Cryptodefense) ransomware , which appeared in the end of the last month. CryptoDefense is one of the complex malware programs that include a number of effective techniques, including Tor anonymity tool usage and Bitcoin digital currency to extort money from victims. Cryp

Cyber criminals are more business-minded than you might expect. As the business has moved to greater use of mobile and non-Windows computers, so cyber criminals have adapted techniques monetize their efforts. Security researchers at Lookout Mobile Security discovered that various apps uploaded to Google Play Store containing hidden Coinkrypt android malware, that can turn your mobile device into crypto-currency miners. As we know, coin mining is the key component for digital currencies, so the malware uses a botnet of infected Android Smartphones to mine for currency. Such malware does not steal data. Instead, they are capable of mining Bitcoin , Litecoin and Dogecoin using the victim's device. " Mining can be incredibly resource-intensive and, if allowed to run without any limits, could potentially damage hardware by causing it to overheat and even burn out. " researchers said. The Antivirus firm Trend Micro also spotted two apps named - ' Song

Could a perfectly innocent looking device like router, TV set-top box or security cameras can mine Bitcoins? YES! Hackers will not going to spare the Smart Internet-enabled devices. A Linux worm named Linux . Darlloz , earlier used to target Internet of Things (IoT) devices, i.e. Home Routers, Set-top boxes, Security Cameras, printers and Industrial control systems; now have been upgraded to mine Crypto Currencies like Bitcoin. Security Researcher at Antivirus firm Symantec spotted the Darlloz Linux worm back in November and they have spotted the latest variant of the worm in mid-January this year. Linux . Darlloz worm exploits a PHP vulnerability ( CVE-2012-1823 ) to propagate and is capable to infect devices those run Linux on Intel's x86 chip architecture and other embedded device architectures such as PPC, MIPS and MIPSEL. The latest variant of Linux . Darlloz equipped with an open source crypto currency mining tool called ' cpuminer ', could be use

This News will blow everyone's mind! If you are a bitcoins holder then you might be aware of  MtGox , Once the World's biggest Bitcoin exchange .  MtGox  filed for bankruptcy last month after saying it lost some 8,50,000 Bitcoins to hackers and suddenly went dark with no explanations. A few days ago, some unknown hacker breached into the personal blog and Reddit account of MTgox CEO,  Mark Karpeles  to level charges of fraud. But, Hackers are very clever to avail every eventuality they get. After compromising the MtGox CEO's blog, the hacker posted a 716MB ZIP file, MtGox2014Leak.zip , which contains the data dump and specialized software tools for remote access to MtGox data, but these software tools turned out to be a Bitcoin wallet stealing malware , according to the research carried out by the Kaspersky Lab Expert , Sergey Lozhkin. The application was actually a malware, which was created to search and steal Bitcoin wallet files from the victims' computer.

' Satoshi Nakamoto ', the mysterious founder and creator of the biggest digital cryptocurrency ' Bitcoin ' has reportedly been unmasked as a 64-year-old father of six living in Temple City, Southern California. Satoshi Nakamoto introduced Bitcoin to the world in 2008, but his identity has remained unknown. Till now, there was speculation that he might be a rebellious young programmer based in Tokyo, who took up the Nakamoto moniker as an alias. B ut t he most astonishing thing about this Japanese-American man is that, his real name is Satoshi Nakamoto , who has been finally identified by Newsweek magazine . Newsweek journalist, Leah McGrath Goodman also had a face-to-face meeting with Satoshi Nakamoto, and during an interview he said, " I am no longer involved in that [Bitcoin] and I cannot discuss it, " he said. " It's been turned over to other people. They are in charge of it now. I no longer have any connection. " and even he kep

Android platform is becoming vulnerable day by day and hackers always try to manipulate android by applying novel techniques. In this regard, Symantec researchers have found a new android malware toolkit named " Dendroid ". Previously Symantec found an Android Remote admin tool named AndroRAT is believed to be the first malware APK binder. However, Dendroid runs on HTTP with many malicious features. Dendroid toolkit is able to generate a malicious apk file that offers amazing features like: Can delete call logs Open web pages Dial any number Record calls SMS intercepting Upload images, video Open an application Able to perform DoS attack Can change the command and control server The author of Dendroid also offers 24/7 customer support for this RAT and Android users can buy this toolkit at $300 by paying Bitcoin , Lifecoin. Experts at Symantec said that Dendroid has some connection with the previous AndroRAT toolkit . Dendroid being an HTTP RAT offers PHP

Are you the one of the Digital Currency Holder? PONY is after You.  A Group of cyber criminals has used hundreds of thousands of infected computers of the digital currency holders to filch approximately $220,000 worth of Bitcoins and other virtual currencies. The researchers at the security firm, Trustwave have uncovered the Bitcoin Heist that was accomplished by the computers infected with a new class of malware that has been dubbed as ' Pony ', a very powerful type of Spying Keylogger Malware with very dangerous features that was last time found two months ago. Pony, for those who have not yet heard about it, is a bot controller much like any other, with the capability to capture all kinds of confidential information and access passwords. It contains a control panel, user management, logging features, a database to manage all the data and, of course, the statistics. It can see the passwords and login credentials of infected users when they access applications and

World's largest Bitcoin exchange Mt. G ox  has shut down its website, withdrawal system, deleted its Twitter feed and halted all trading systems after it detected " unusual activity ." The Bitcoin Foundation, a Bitcoin advocacy group, confirmed th at Mark Karpeles , the chief executive of Tokyo-based Mt. Gox  bitcoin exchange has resigned from the board of the Bitcoin Foundation. This comes just days after the exchange gave an update regarding the technical issues. Last week, Mt. Gox said a technical glitch that had forced the exchange to suspend bitcoin withdrawals for a week. They discovered the transaction falsification glitch and same flaw alleged to have been used to steal all of the bitcoins worth about $2.7 million from Silk Road 2.0 . Later, some sources close to the matter have confirmed that more than 700,000 bitcoins are indeed missing from MtGox records, in a ' slow-leak ' hack that went on for years. The repeated technical glitches over

Till now we all have heard about the Ransomware malware that encrypts your files or lock down your computer and ask for a ransom amount to be paid in a specified duration of time to unlock it. Emsisoft has detected a new piece of malware called " Linkup ", dubbed as " Trojan-Ransom.Win32.Linkup " that doesn't lock your computer or encrypts files; rather it blocks your Internet access by modifying the DNS settings, with the ability to turn your computer into a Bitcoin mining robot.  Sounds Interesting?? Once the Linkup Trojan is installed in your system, it makes a copy of itself and disables the selected Windows Security and Firewall services to facilitate the infection. Injected poisoned DNS Server will only allow the malware and Bitcoin miner to communicate with the internet. It display a bogus notification on the victim's web browser, which is supposed to be from the Council of Europe , that accuses you of viewing " Child Pornography " and only returns th

Last year in the month of December the Security-focused Unix-like distribution ' OpenBSD ' Foundation announced that it was facing shut down due to lack of funds to pay their electricity bills and dedicated Internet line costs. Theo de Raadt , the founder of the OpenBSD project, and Bob Beck (Developer) announced : " In light of shrinking funding, we do need to look for a source to cover project expenses. If need be the OpenBSD Foundation can be involved in receiving donations to cover project electrical costs. But the fact is right now, OpenBSD will shut down if we do not have the funding to keep the lights on. " Just after a month, a Bitcoin billionaire from Romania has stepped in and sorted OpenBSD out! Mircea Popescu , the creator of the MPEx Bitcoin stock exchange has offered $20,000 donations to the OpenBSD Foundation and saved the existence of OpenBSD development from being stopped. Like each open source project, OpenBSD production servers we

In last October, the Feds told they would probably just  liquidate the bitcoins  seized from the online black market Silk Road, once they were legally free to do so. Finally the United States District Judge  J. Paul Oetken   signed off  on the forfeiture order for the Bitcoins, clearing the government to sell the assets. Last September, the FBI had seized  29,655 Bitcoins from the online black market Silk Road after its alleged 29-year-old mastermind, Ross William Ulbricht , aka ' Dread Pirate Roberts ' was arrested and charged with possessing controlled substances and committing or conspiring to commit computer hacking offenses, among other charges. This new ruling represents the largest-ever forfeiture of Bitcoins . The assets include the Silk Road hidden website and 29,655 Bitcoins , worth more than $28 Million according to current exchange rates. Manhattan U.S. Attorney Preet Bharara said: "With today's forfeiture of $28 million worth of Bitcoins fr