Scammers stealing crypto with fake IDs: report
The so-called ‘Deep Fakes’ are already posing challenges for exchanges in verifying the identity of account holders, with the use of doctored verification photos rife, according to reports.
The so-called ‘Deep Fakes’ are already posing challenges for exchanges in verifying the identity of account holders, with the use of doctored verification photos rife, according to reports.
The Outlaw group has reportedly been using a sophisticated version of Shellbot to conduct attacks Linux systems to mine privacy-centric coin, Monero.
The hack of the New Zealand-based cryptocurrency exchange Cryptopia, that began in January, saw millions of dollars in digital assets stolen.
Blockchain analysis software company Chainalysis said there were two “prominent, professional” criminal gangs behind attacks totaling over $1 billion in losses—sufficient to account for 60% of all hacking activity over the reporting period.
New Zealand-based cryptocurrency exchange Cryptopia realized that it was under attack by hackers. It moved to thwart the theft of assets, but not until after approximately $3.65 million in Ether (ETH) and Centrality had been lifted off the platform.
According to CipherTrace’s report, over $950 million in crypto was stolen by hackers – 3.6 times more than what was stolen the previous year.
In the wake of the hack of the New Zealand-based cryptocurrency exchange Cryptopia more than a week ago, the lack of information is starting to worry some people that the hack was bigger than reported.
The Cryptopia cryptocurrency exchange out of New Zealand became the most recent target of hackers. By the time the attack was discovered, thieves had reportedly been able to get away with Ether and Centrality tokens amounting to as much as $3.65 million.
A fake movie file on The Pirate Bay torrent tracker is infecting computers and stealing cryptocurrency, in the latest example of cryptocurrency-based malware to sweep through online communities.
The scale of the attack remains unclear for the time being, though there is the suggestion that as many as 19,931 ETH and 48 million Centrality (CENNZ) tokens could have been moved from the exchange, totaling in the region of US$3.65 million.
The South African Cricket Board twitter account suffered an attack earlier this week. According to reports, unknown persons hacked the account to run a bitcoin-related scam.
An anonymous attack managed to steal 243 BTC from Electrum wallets.