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Security

30 articles · Page 1 of 2 · Auto-updated
SecurityBeInCrypto·

Bitcoin Developer Proposes a Quantum Trap for Hackers

What if someone hacked your Bitcoin wallet and ended up paying you for the theft? That is the idea behind a proposal from Bitcoin Core developer Cory Fields. As Bitcoin prepares for Q-Day, when powerful quantum computers could break its current cryptography, Fields wants to make stealing vulnerable coins a costly gamble. On November 4, The post Bitcoin Developer Proposes a Quantum Trap for Hackers

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SecurityCryptopolitan·

Gnosis Pay says attackers accessed customer data through legacy card system

According to Gnosis Pay, hackers breached personal information in the old system that powers its consumer cards. The attack was revealed on Friday, November 6, and the company claims that funds or its business platform were not affected. The statements are made amid a downturn in spending via Gnosis Pay’s card as the market continues...

SecurityCryptopolitan·

Binance hackers swap $124M of stolen altcoins into Bitcoin as withdrawals reopen

According to Elliptic’s report on November 6, hackers responsible for stealing $6.43 billion worth of coins from Binance have swapped stolen altcoins in the amount of $124 million for Bitcoin. These transactions are being conducted simultaneously with Binance’s reopening of its withdrawal function to customers. Converting altcoins, not cashing out The altcoin swaps of the...

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Securitycrypto.news·

Binance hack sparks heavy outflows as futures traders stay: Santiment

Binance’s $6.34 billion hack has driven heavy cryptocurrency withdrawals and some of Bitcoin’s most negative social sentiment on record, while futures traders have maintained billions of dollars in positions, according to Santiment. Santiment’s Nov. 6 report examined exchange flows, social…

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SecurityBitcoin Magazine·

Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says

Bitcoin Magazine Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says About 42 million stolen XRP, worth roughly $50 million, has been swapped mostly into bitcoin via THORChain, Elliptic said, lifting converted bitcoin from the Binance theft to about 1,650 BTC. This post Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says first

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SecurityBitcoin Magazine·

South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacking Threat

Bitcoin Magazine South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacking Threat South Korea's Gopax halted standard withdrawals at 2:55 p.m. and trading at 3:53 p.m. Friday after a hacking-threat email, and is transferring all held assets to cold wallets with no loss reported so far. This post South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacki

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