Search Results for “CCN”


June 19, 2016
Andrew Quentson / Crypto Coin News

Andrew Quentson / Crypto Coin News  
Alleged DAO Hacker: I Didn’t Hack, I Took Advantage of The System in Place

The alleged hacker of the DAO cryptocurrency exchange told Crypto Coin News that he is not a hacker but simply took advantage of the smart contracting system to make money — namely he took advantage of something called the “Recursive Call Exploit.” Currency miners who oppose a “fork,” i.e. a move to roll back the transaction, will share in one million ether and 100 bitcoin.

July 15, 2016
Gautham / Bitcoin News Service

Gautham / Bitcoin News Service  
Blockchain-Based Social Media Network Steemit Hacked, $85,000 Lost

A Reddit-like blockchain-based social media network Steemit says it has been hacked with over 260 user accounts affected. In the process the platform lost $85,000 in its native cryptocurrencies Steem Dollars and Steem.

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August 18, 2016
Rob Price / Business Insider UK

Rob Price / Business Insider UK  
Bitcoin: Upcoming Core Release Likely Targeted by State-Sponsored Attackers

May 2, 2016
BBC News

BBC News  
Craig Wright Claims to Be Bitcoin Creator Satoshi With Some Back-Up Proof

Sending the bitcoin, cryptographic and tech reporting worlds into a frenzy, Australian Craig Wright has publicly identified himself as the pseudonymous creator of Bitcoin, Satoshi Nakamoto, and has provided technical proof that many experts believe is valid, although some experts find the proof debatable.

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Gavin Andresen: Satoshi
London Review of Books: The Search for Satoshi
TechCrunch: Torturing the ghost
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May 17, 2016
Duncan Riley / Silicon Angle

Duncan Riley / Silicon Angle  
Pretend Hacker Convicted in Mitt Romney Extortion Bid, Faces Up to 25 Years

A man who falsely claimed to have hacked Pricewaterhouse Coopers and said he obtained presidential candidate Mitt Romney’s tax returns as part of an extortion scheme has been found guilty on  six counts of wire fraud and six counts of using facilities of interstate commerce to commit extortion and faces up to 30 years in prison.

June 7, 2016
Shaun Nichols / The Register

Shaun Nichols / The Register  
MtGox Collapse Victims Re-Victimized by Bitcoin-Stealing Phishing Thieves

In the insult-to-injury category, a new round of spam messages that seem to originate from Kraken, the exchange trying to recover funds for victims of the MtGox collapse, contain a Google Docs link purporting to give a status report on the recovery effort but instead seeks to swipe any remaining bitcoins in the victims’ local wallets.

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June 17, 2016
Joon Ian Wong / Quartz

Joon Ian Wong / Quartz  
Bitcoin’s Biggest Rival DAO Hacked, Millions Stolen, Cryptocurrency Crisis Emerging

The Decentralized Autonomous Organization (DAO)  has been hacked, with tens of millions (over $80 million according to some sources) being siphoned from accounts and DAO’s founder calling for an immediate cessation of all trading. DAO’s currency called Ether is plummeting, while Bitcoin’s value is dropping too, although not as steeply.

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Slock.it: DAO Security Advisory: live updates
CCN: Financial Bitcoin & Cryptocurrency News: Ether Price Plumets; Ethereum DAO May Be Hacked
Zero Hedge: Bitcoin’s Largest Competitor Hacked: Over $59 Million “Ethers” Stolen In Ongoing Attack
Inverse: Ethereum Value Crashing After DAO Hacker Siphoned Millions
The Merkle: UPDATED The DAO is Under Attack, Millions of Ethers Stolen
HelpNetSecurity: The DAO is under attack, a third of its ether reserves stolen
Reddit: <DAO ATTACK> Exchanges please pause ETH and DAO trading, deposits and withdrawals until further notice. More info will be forthcoming ASAP.
Hacking Distributed: Thoughts on The DAO Hack
Slashdot: Digital Currency Ethereum Is Cratering Amid Claims Of a $50 Million Hack
New York Times: Hacker May Have Removed More Than $50 Million From Experimental Cybercurrency Project
The Coin Telegraph: Should Ethereum Hardfork or Allow Hackers to Run with $50 Million?
Ethereum Blog: CRITICAL UPDATE Re: DAO Vulnerability
FT Alphaville: DAO hacking and dispute resolution
Sydney Morning Herald: ‘Nightmare scenario’: Hacker may have siphoned $US50 million from digital currency project
PYMNTS.com: $50M Reportedly Stolen In Virtual Currency Project Hack
FastCoNews: Ethereum’s Decentralized Autonomous Organization gets hacked to the tune of $60M
SecurityWeek: Hack Leads to Plummeting Value of Ethereum Digital Currency
Inverse: Ethereum Value Crashing After DAO Hacker Siphoned Millions
Motherboard: Ethereum Might Betray the Blockchain to Recover From a $56M Hack
Hacking Distributed: Analysis of the DAO exploit
IEEE Spectrum Recent Content: DAO May Be Dead After $60 Million Theft
Errata Security: Ethereum/TheDAO hack simplified
New York Times: A Hacking of More Than $50 Million Dashes Hopes in the World of Virtual Currency
The Verge: Cryptocurrency hacker says stolen $53 million is legally his
Help Net Security: The DAO is under attack, a third of its ether reserves stolen

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June 19, 2016
JP Buntinx / NewsBTC

JP Buntinx / NewsBTC  
Second “Attacker” Siphons Funds from DAO in Apparent Effort to Test Waters

A second “attacker” has implemented the same measure, known as a recursive split, to steal 22 ether from Ethereum, a cryptocurrency fund on the DAO exchange worth about .35 bitcoin or around $266, a small enough amount that experts are judging it as an effort to further test the waters. Meanwhile, DAO’s founder has laid out steps to stop the theft or minimize the gains to the attacker.

June 22, 2016
Ian Kar / Quartz

Ian Kar / Quartz  
Lead Developer of Ethereum Leading White Hat Attack on DAO to Save It

Lead developer for cryptocurrency Ethereum, Alex Van Der Sande, mounted a white hat attack on the DAO exchange and within hours developers were able to get back 7 million of the ether currency ($89 million) after an attacker took advantage of a flaw in the system to steal $50 million.

June 25, 2016
Kevin Murnane / Forbes

Kevin Murnane / Forbes  
NASCAR Team Paid TeslaCrypt Ransom to Protect Files Worth Millions

The Circle Sport-Levine Family Racing NASCAR team was hit with a TeslaCrypt (which has now be decrypted but wasn’t back then) ransomware attack in April and ended up paying the ransom rather than spending millions to recreate the encrypted files.