Crypto Exchange Bitrue Loses Over $4m Following Hack

While the cryptocurrency prices are swinging in all directions these days, some things will never change in this industry. Exchanges are still being targeted by hackers and criminals, with some efforts being more successful than others. Bitrue, the trading platform, has lost several million in ADA and XRP this week.  Bitrue Gets Hacked yet Should … Read more

Latest Hack Sparks Concern Whatsapp Will Never Be Secure

Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance, and look and work a lot like backdoors,” said Telegram’s … Read more

Top 5 Cryptocurrency Exchange Hacks of 2019

Albeit the year 2019 has been off to a good start price-wise, there have already been numerous incidents casting a dark shadow over this industry. The number of exchange hacks is quite worrisome already and it seems unlikely there won’t be further incidents. The following trading platforms have all noted a breach and loss of … Read more

Major Players Discuss BTC Rollback Following Exchange Hack

The idea of rolling back the clock on cryptocurrency transactions to reverse a situation people are unhappy with is highly contentious. As such, many were shocked to hear that a number of major players in the industry had even discussed a rollback of BTC following the Binance exchange hack. Also Read: Keys4coins Lets You Buy … Read more

The Monappy and Monacoin Web Wallet Hacker is a Japanese Teenager

It appears a major breakthrough has occurred regarding one of the most recent cryptocurrency-related hacks. A Japanese teenager has been arrested for stealing over $1250,000 in cryptocurrency. During his attack, he exploited the Monappy social media network and the web-based Monacoin wallet in 2018. It is good to see this investigation yield results. Monacoin Hack … Read more

Bitcoin Exchange Gatecoin Shuts Down Citing Financial Difficulty

Hong Kong-based bitcoin exchange Gatecoin has said it is shutting down citing financial difficulty. The exchange suffered a $2 million hack in 2016 and hasn’t been able to recover the funds. However, Gatecoin blames a registered French payment service provider for paralyzing its operations. The payments company allegedly duped the exchange out of an unspecified … Read more