Hardware Hacking: How To Secure Your Trezor Wallet With Passphrase

A group called wallet.fail gave a presentation on how to hack cryptocurrency hardware wallets at the 35th Chaos Communication Congress. While all attack vectors required physical access, worryingly, the group demonstrated scraping the seed and PIN from Trezor RAM. So is there any way to truly protect your lovely bitcoin? Lines Of Attack The group found ways […]

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Bancor $12M Hack Sparks Backlash Over ‘Decentralization’ Claims

Cryptocurrency industry commentators have poured scorn on decentralized exchange platform Bancor after hackers stole around $12 million July 9. Bancor Hack Cause Remains Unknown Bancor, which shot to fame in 2017 when it raised over $150 million in three hours during its ICO, confirmed the hack in an update Tuesday. Malicious parties originally attempted to […]

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Bithumb Hack: Exchange Confirms It Will Reimburse All Users

Wilma Woo · June 21, 2018 · 8:00 am South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($31.4 million) in this week’s high-profile hack — which it will repay to users in full.  Bithumb: Amount Lost Could ‘Decrease’ In an update posted on June 21, the Bithumb said it […]

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51% Percent Attacks: Hacking a $2 Billion Dollar Cryptocurrency for Less Than $1.5 Million

Matthew Hrones · May 27, 2018 · 7:00 am Some PoW currencies are using the same mining algorithms as their larger counterparts, making it much easier to hack the smaller networks with a 51% attack. Network Security Blockchain technology is revered as being a completely secure system, but that isn’t necessarily the case. The tech […]

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Half of Coincheck’s Stolen NEM May Already be Laundered

Adam James · March 19, 2018 · 9:30 am Hackers involved in the high-profile Coincheck heist earlier this year may have successfully converted half of the stolen NEM tokens into other digital currencies. Hung out to Dry As reported by Japan Today, hackers involved in the large-scale Coincheck heist may have utilized the anonymous “dark […]

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A New Smartphone Aims to Keep Your Crypto Safe

Adam James · February 27, 2018 · 1:30 pm With large and small-scale cyber attacks costing exchanges and individuals their hard-earned digital currencies, one company is releasing a smartphone aimed at securing your investments from even the most skilled would-be cryptocurrency thieves. One Phone to Secure Them All Sikur, a cybersecurity firm based in Germany, […]

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Smart Contracts Might Not Be as Smart as You Think

Adam James · February 24, 2018 · 7:30 pm Smart contracts are supposed to be just that: smart. However, some smart contracts currently circulating aren’t quite making the grade — with vulnerabilities exposing millions of dollars worth of Ethereum to potential theft. How Smart are Smart Contracts? Smart contracts are computer protocols meant to digitally […]

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