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FBI is Investigating Theft of $1.3 Million in Bitcoin from a Massachusetts Man

FBI is Investigating Theft of $1.3 Million in Bitcoin from a Massachusetts Man

Oct 15, 2016
Over two months ago, the world's third largest Bitcoin Exchange Bitfinex lost around $72 Million worth of Bitcoins in a major hack. Shortly after the company encountered a $72,000,000 Bitcoin theft, an unnamed Bitfinex user from Cambridge, Massachusetts, filed a police report in September, alleging that $1.3 Million of funds were stolen from his account. Since then the Cambridge police have handed the case over to the FBI, which is working with the Bitcoin exchange as well as European authorities to recover funds stolen from the Bitfinex user, Coindesk reports . The individual claimed that he held $3.4 Million in Bitcoin in his personal wallet hosted by the Bitfinex Bitcoin exchange. But following the August's Bitfinex breach, he was left with $2.1 Million in his account. Bitfinex then notified the individual of his initial loss of approximately $1.3 Million in Bitcoin, but after the company issued IOU tokens as an emergency measure to keep the exchange operating, the l...
BlockChain.info Domain Hijacked; Site Goes Down; 8 Million Bitcoin Wallets Inaccessible

BlockChain.info Domain Hijacked; Site Goes Down; 8 Million Bitcoin Wallets Inaccessible

Oct 12, 2016
UPDATE: The site is back and working. Blockchain team released a statement via Twitter, which has been added at the end of this article. If you are fascinated with the idea of digital currency, then you might have heard about BlockChain.Info. It's Down! Yes, Blockchain.info, the world's most popular Bitcoin wallet and Block Explorer service, has been down from last few hours, and it's believed that a possible cyber attack has disrupted the site. The site is down at the time of writing, and the web server reports a bad gateway error, with a message on the website that reads: "Looks like our site is down. We're working on it and should be back up soon." With more than 8 million Digital Wallet customers, BlockChain is users' favorite destination to see recent transactions, stats on mined blocks and bitcoin economy charts. A few hours ago, BlockChain team tweeted about the sudden breakdown of the site, saying: "We're researching a DNS...
The Future of Network Security: Automated Internal and External Pentesting

The Future of Network Security: Automated Internal and External Pentesting

Dec 10, 2024Vulnerability / Perimeter Security
In today's rapidly evolving threat landscape, safeguarding your organization against cyberattacks is more critical than ever. Traditional penetration testing (pentesting), while effective, often falls short due to its high costs, resource requirements, and infrequent implementation. Automated internal and external network pentesting is a game-changing solution, empowering organizations to stay ahead of attackers with cost-effective, frequent, and thorough security assessments. Strengthen Your Defenses: The Role of Internal and External Pentests  Effective cybersecurity requires addressing threats from both inside and outside your organization. Automated solutions streamline this process, enabling IT teams to implement a holistic and proactive defense strategy. Internal Pentesting: Securing the Core Internal pentesting simulates an attacker operating within your network, exposing vulnerabilities such as insider threats, compromised credentials, or breaches through physical or ...
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