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Tag Archives: wallets

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Hackers Steal Cellular Accounts to Break 2FA Protected Online Bitcoin Wallets

All of the major cellular service providers have been seeing an increase of attacks on customer accounts. Hackers are stealing cell phone numbers from users of Verizon, AT&T, T-Mobile, and Sprint through social engineering techniques. Once the attackers have control of a phone number they can use it to reset passwords for services like Google and social media sites. The ... Read More »

Bitcoin Brain Wallets : Hackers’ Heaven!

Since its launch in 2009, Bitcoin has by far been the most successful cryptocurrency, attracting a considerable magnitude of research during the past few years. Just like every other cryptocurrency, authorization of transfer of bitcoins from an account to the other relies on ECDSA digital signatures. The rising popularity of bitcoin, especially among non-tech savvy individuals and populations who have ... Read More »

Hardware Wallets: Keep your friends close, and your Bitcoins closer

There are many of ways to secure your bitcoins. While a big portion of the cryptocurrency community resorts to keeping their coins on an exchange, this is a very unsafe practice. Using a local wallet reduces the risk of losing your Bitcoins considerably. However, local wallets can still be reached in extreme circumstances where an hacker/attacker has access to your ... Read More »

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Phishing Attacks on Bitcoin Wallets Surge as Bitcoin Price Skyrockets

During the past 24 hours, bitcoin price exceeded the $900 mark for the first time during the past 3 years. The reason behind this recent price surge is not completely clear, especially that the value of bitcoin has increased by more than 100% in less than 6 months. Whenever the price of bitcoin surges, cybercriminals’ interest in cryptocurrencies in general ... Read More »

New Dark Net Toolkit Helps Link Bitcoin Transactions with Wallets

Bitcoin users are being urged to take note of the newest Dark Net Analytics Toolkit. Why? Mostly due to the fact that it can be used to link bitcoin wallet addresses to user profiles. The latest research shows that there is a pattern used by hackers when it comes to communication on the dark net. The research will be presented ... Read More »

Hackers Make $103,000 Cracking Bitcoin Wallets

Hackers have made about $103,000 cracking bitcoin wallets that were “secured” using BrainWallet. Not too long after a group of researchers published a paper about efficiently cracking bitcoin BrainWallets, it was revealed in a paper that there are a group of hackers who have already taken advantage of these weaknesses and have drained every wallet they could. “Surprisingly, after excluding ... Read More »