Reddit’s Third-Party Password Reset System Hack Affects “Less than 20” Bitcoin Cash Users

Earlier this week, the Bitcoin Cash community woke up to a rather nasty and unexpected surprise. Someone – or a group of people – had successfully compromised Reddit’s email provider. As a result, the assailant(s) managed to obtain an unspecified amount of Bitcoin Cash from multiple Reddit accounts. These balances were associated with the Bitcoin Cash tip bot, which has become rather popular over the past few weeks. More information regarding this incident came to light over the weekend. Reddit Hack Impacts Bitcoin Cash Tips It is never good to see the Reddit platform be affected by a major hack. Unlike what most

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Man’s Life Savings Stolen from Hardware Wallet Supplied by a Reseller

Man Has Cryptocurrency Stolen from Hardware Wallet Supplied by a ResellerHardware wallets are regarded as one of the safest means of storing bitcoin and other cryptocurrencies. Each device grants the holder possession of their private keys and adds a PIN code plus other tamer-proof tech for enhanced security. Hardware wallets are not impregnable, however, as one British man found to his peril after purchasing the […]

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One Week On from the Etherdelta Hack, Funds Are Still Being Stolen

One Week On from the Etherdelta Hack, Funds Are Still Being StolenOne of the major benefits of decentralized exchanges is that they can’t be hacked – or so the theory went. As Etherdelta’s users found out last week, however, that’s not quite true. After accessing the site’s DNS records and replacing the domain with a sophisticated fake, attackers were able to hoover up hundreds of thousands […]

The post One Week On from the Etherdelta Hack, Funds Are Still Being Stolen appeared first on Bitcoin News.

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Five Ways for the Ultra-Paranoid to Store Their Bitcoin

Five Ways for the Ultra-Paranoid to Store Their BitcoinDo you sleep easy at night, knowing how many thieves would love to steal your bitcoin? At this very moment, hackers are probing your cryptocurrency exchange for weaknesses. They’re gathering information about you – where you live, your pet’s name, your favorite football team – with a view to social engineering. They’re crafting malware laden […]

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Two Weeks After Losing $60 Million in Bitcoin, Nicehash Are Back

Two Weeks After Losing $60 Million of Bitcoin, Nicehash Are BackIn early December, mining pool Nicehash was forced to close after allegedly being hacked, losing almost 4,450 BTC in the process. At the time, those bitcoins were worth around $60 million and they have appreciated substantially since then. Miners who had their newly minted coins stolen feared they were gone for good. To their delight, […]

The post Two Weeks After Losing $60 Million in Bitcoin, Nicehash Are Back appeared first on Bitcoin News.

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