Cloud security intelligence (CSI) firm RedLock has exposed a new case of cryptojacking targeting Tesla’s Amazon Web Service’s (AWS) software container, the RedLock blog reported yesterday, Feb. 20. Hackers accessed Tesla’s AWS access credentials by penetrating a non-password protected Kubernetes software container. The hackers then used the Kubernetes container to mine for cryptocurrencies, for an […]

Bitcoin Mining

On February 8 2018, 15 million Raiblocks, the former native currency of the Nano network,  were stolen from Italian cryptocurrency exchange BitGrail.  In order to provide insights into alleged security breach and the theft of more than $150 million USD worth of XRB, Cointelegraph conducted an exclusive interview with Francesco Firano, the founder and operator of […]

Bitcoin

The Ethereum Improvement Proposal (EIP) that led to the resignation of an EIP editor over his personal legal concerns has been closed, but an identical proposal has been reopened on Github to relatively negative fanfare. The original EIP proposal #867 was introduced by Musiconomi developer Dan Phifer as an option for how to more easily […]

DAO

Ethereum code editor Yoichi Hirai has resigned from his position following personal concerns that an Ethereum Improvement Proposal (EIP) over a standardized format for lost fund recovery would potentially violate Japanese law. Hirai both tweeted his resignation as well as posted a more dramatic explanation of his reasons for resigning on Github: “My blood pressure […]

DAO

All eyes are on Japanese cryptocurrency exchange Coincheck in the aftermath of what has become the biggest hack in virtual currency history – eclipsing the Mt. Gox hack of 2014. According to Reuters, Coincheck delivered its report to Japan’s Financial Services Agency (FSA) on Tuesday, Feb. 13 on the hack in January which saw more […]

Altcoin

For more than 24 hours, Binance, the world’s largest cryptocurrency exchange, was down due to a server issue on Feb. 7. On Feb. 9, Binance resumed trading after successfully rebooting its server. Binance hack rumors refuted John McAfee, a security expert and a well-known public figure in the cryptocurrency space, continued to fuel controversy around […]

Bitcoin Scams

Suspicion is growing around Italian cryptocurrency exchange BitGrail after its owner seemingly asked for a coin’s ledger to be changed after the exchange reported funds were missing Thursday, Feb 8. BitGrail, a lesser-known exchange in the cryptocurrency space, reportedly suffered losses of one of its hosted tokens, Nano (formerly known as Raiblocks), subsequently freezing trading. In […]

Bitcoin Scams

Thanks to Blockchain applications like Ethereum, initial coin offerings have become part and parcel of the cryptocurrency world. As businesses integrate innovative ideas with Blockchain technology, they’ve been able to raise a large amount of capital through initial coin offerings (ICO) – much like companies that list themselves on stock exchanges in an initial public […]

Ernst & Young

This week, $534 mln worth of XEM, the native cryptocurrency of NEM, was stolen from a major Japanese cryptocurrency exchange Coincheck. On January 27, merely hours after the hacking attack was announced, developers behind NEM created an automated tagging system to track down the funds stolen by hackers. Stolen funds will be traced As Cointelegraph […]

Altcoin