Bitcoin | Breaking Cybersecurity News | The Hacker News

Multiple successors of the original Silk Road have come and all have been taken offline in recent years, but aside from selling illegal goods and services, they all have had one thing in common – they've all relied on the Tor network. A new version of the anonymous online black market Silk Road, has re-appeared on the dark web, but this time the website doesn't rely on the now infamous Tor network and neither it deals in only Bitcoins. The new version of the notorious online black market, dubbed " Silk Road Reload​ed ", launched Sunday on the little-known " I2P " anonymous network, dealing with a range of cryptocurrencies including the meme-inspired Dogecoin. In short, apart from the name, there is no connection between the original Silk Road website and the newly launched Silk Road Reloaded . Silk Road Reloaded is only accessible by downloading the special software called I2P (Invisible Internet Project) , or by configuring your systems

One of the biggest, reliable and most trusted Bitcoin exchange — Bitstamp — on Monday announced that it has been a target of a hacking attack, which lead to the theft of " less than 19,000 BTC" (worth about $5 million in virtual currency; one BTC is about $270). Bitstamp issued a statement on its official website in which the company warned its users not to deposit any Bitcoin to previously issued addresses, so as to prevent further losses. While the investigation is going on, the company has frozen its user accounts, blocked deposits as well as other transactions and suspended the trading business. After the Slovenian-based Bitcoin exchange suspected the security breach over the weekend that compromised one of Bitstamp's operational and active bitcoin storage wallets, the exchange suspended its service for the time being. The company reassured its users that the security breach only affected its " operational wallet ," i.e. only " a small fr

It comes as no surprise that today's cyber threats are orders of magnitude more complex than those of the past. And the ever-evolving tactics that attackers use demand the adoption of better, more holistic and consolidated ways to meet this non-stop challenge. Security teams constantly look for ways to reduce risk while improving security posture, but many approaches offer piecemeal solutions – zeroing in on one particular element of the evolving threat landscape challenge – missing the forest for the trees.  In the last few years, Exposure Management has become known as a comprehensive way of reigning in the chaos, giving organizations a true fighting chance to reduce risk and improve posture. In this article I'll cover what Exposure Management is, how it stacks up against some alternative approaches and why building an Exposure Management program should be on  your 2024 to-do list. What is Exposure Management?  Exposure Management is the systematic identification, evaluation,

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

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