Tag Archives: bitcoin

Dig this: The future of crypto-mining botnets

The blockchain sector is now bursting with innovation, with developers looking for new, pragmatic ways to use this secure distributed ledger technology across a range of applications. And as always, cybercriminals are among the earliest adopters, and unfortunately helping to push forward public awareness of the technology. Crypto-mining malware is now by far the most common event we are seeing attacking our user base, and this is only the beginning. Since December 2017, the Coinhive … More ? The post Dig this: The future of crypto-mining botnets appeared first on Help Net Security .

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Dig this: The future of crypto-mining botnets

Cryptocurrency exchange BTC-e resumes operations after DDoS attack

Leading cryptocurrency exchange BTC-e announced on early Thursday morning (around 5:30 am EST) that it was under Distributed Denial of Service (DDoS) attack, CoinTelegraph reported. The website went offline after the attack and displayed a white page saying “DB connect error”. The DDoS attack tries to make an online service unavailable by flooding it with traffic from multiple sources. BTC-e soon resolved the issues and was back online within a few hours. Earlier in January, BTC-e suffered another DDoS attack with its website offline for several hours, CoinTelegraph reported. The startup has been facing such attacks for almost two years now. In February 2014, it also suffered a DDoS attack. In addition, data breach monitoring service LeakedSource in September revealed that BTC-E.com suffered major hack in 2014. It said that over 500,000 users of BTC-E.com were hacked in October 2014. The data contained usernames, emails, passwords, ip addresses, register dates, languages and some internal data such as how many coins the user had. The cryptocurrency ecosystem is frequently facing DDoS attacks. In June 2016, BitGo Inc., a leading multi-sig bitcoin wallet provider, announced that it was under Distributed Denial-of-Service (DDoS) attack. Another bitcoin startup Coinkite Inc. decided to close its secure wallet service this year due to never ending DDoS attacks. Source: http://www.econotimes.com/Cryptocurrency-exchange-BTC-e-resumes-operations-after-DDoS-attack-454313

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Cryptocurrency exchange BTC-e resumes operations after DDoS attack

Bitcoin Exchange BTC-e Is Taken Down By New DDoS Attack

Early on Thursday morning, about 5:30 AM Eastern Standard Time to be exact, the Bitcoin exchange BTC-e is reporting that they are under DDoS attack and their site is currently offline. Going to the btc-e.com website returns a white page saying “DB connect error,” so there is no more information available from BTC-e. This is the second time this year that BTC-e has been taken down in this fashion. On Jan. 7th, they also suffered a distributed denial-of-service attacks, knocking it offline for several hours before returning to full service. Similar attacks have plagued the site since 2014. During Feb. 10-11, 2014 they also suffered a DDoS attack. BTC-e refused to stop the services with their team publishing a disclaimer on Twitter stating that due to the attack the withdrawal of the digital coins during those two days. BTC-e is ranked as a top 10 Bitcoin exchange by transaction volume over the last thirty days by bitcoinity.org, specializing in the use of USD, Russian Rubles, and Euros for the exchange of Bitcoins. We’ll keep you updated on this situation as more information comes in. Source: https://cointelegraph.com/news/bitcoin-exchange-btc-e-is-taken-down-by-new-ddos-attack

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Bitcoin Exchange BTC-e Is Taken Down By New DDoS Attack

Hacker imprisoned for stealing Bitcoin, selling botnet on Darkode

A Louisiana man was sentenced to 12 months and one day in prison for using a computer to steal money, hacking computers to obtain passwords, and attempting to sell information on the online hacking forum known as Darkode. Rory Stephen Guidry, aka k@exploit.im was sentenced by US District Judge Dee D. Drell on one count of obtaining information by computer from a protected computer. He was also sentenced to three years of supervised release. According … More ?

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Hacker imprisoned for stealing Bitcoin, selling botnet on Darkode