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$3.2 Million From Cryptopia Hack Liquidated on Major Crypto Exchanges

The infamous Cryptopia hack of January 14, which led to over $16 million in stolen Ethereum (ETH) and ERC20 tokens, has been under close investigation by New Zealand police and specialists worldwide.Thanks to the open nature of cryptocurrencies on the blockchain, analysts and investigators have been successful in tracking the stolen crypto funds, leading major cryptocurrency exchanges to liquidate $3.2 million in stolen tokens on February 4…………

Source: $3.2 Million From Cryptopia Hack Liquidated on Major Crypto Exchanges

Blockchain Security Experts Claims That $2.5 Million is Stolen From Crypto Exchanges Daily

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Iceland: Figurehead in Bitcoin Miner Heist Jailed for More Than Four Years

An Icelandic man has received a four-and-a-half-year prison sentence for stealing Bitcoin mining equipment, local English-language news outlet Iceland Monitor reported Jan. 17. Sindri Þór Stefánsson, who in April 2018 boarded a flight to Stockholm from Reykjavik reportedly with a stolen passport, was subsequently arrested in Amsterdam and returned home. Stefánsson claimed he legally fled custody to Sweden. In court, Stefánsson, along with six accomplices, received a lengthy jail term.

Source: Iceland: Figurehead in Bitcoin Miner Heist Jailed for More Than Four Years

Malware Found on a Movie Downloaded via Torrent Steals your Crypto and Poisons your Search Results – Ethereum World News

The plans of the security researcher under with the twitter username 0xffff0800 to spend a relaxing movie night at home did not turn out as he expected since after downloading a movie from a torrent uploaded to The Pirate Bay, he found a new (and interesting) type of malware that almost infects his computer………

Source: Malware Found on a Movie Downloaded via Torrent Steals your Crypto and Poisons your Search Results – Ethereum World News

Bitcoin Continues Descent to $3600 as Hackers Steal 200 BTC from Electrum Wallet

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How Hackers Bypass Gmail 2FA at Scale – Joseph Cox

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If you’re an at risk user, that extra two-factor security code sent to your phone may not be enough to protect your email account. Hackers can bypass these protections, as we’ve seen with leaked NSA documents on how Russian hackers targeted US voting infrastructure companies. But a new Amnesty International report gives more insight into how some hackers break into Gmail and Yahoo accounts at scale, even those with two-factor authentication (2FA) enabled.

They do this by automating the entire process, with a phishing page not only asking a victim for their password, but triggering a 2FA code that is sent to the target’s phone. That code is also phished, and then entered into the legitimate site so the hacker can login and steal the account. The news acts as a reminder that although 2FA is generally a good idea, hackers can still phish certain forms of 2FA, such as those that send a code or token over text message, with some users likely needing to switch to a more robust method.

“Virtually in that way they can bypass any token-based 2FA if no additional mitigations are implemented” Claudio Guarnieri, a technologist at Amnesty, told Motherboard in an online chat. 2FA is adding another layer of authentication onto your account. With token-based 2FA, you may have an app that generates a code for you to enter when logging in from an unknown device, or, perhaps most commonly, the service will send a text message containing a short code that you then type into your browser.

 

 

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Here’s how to protect your bitcoin and ethereum from hacking

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This Kid Has Been Begging For A Bitcoin For Over 15,000 Tweets

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Begging in the Bitcoin world is nothing new. Go to any gambling site or even some exchange troll boxes, and you will find people asking for Bitcoin. Look at any Tweet by a major Bitcoin personality, and you will find people asking for Bitcoin. Go to any forum, Reddit related to cryptocurrency, or anything else of that nature, and you will find the same. This reporter has occasionally seen such people who consistently beg for cryptos referred to as “begshits” or “trolls.” The negative connotation is not without merit. After all, there are plenty of ways to get crypto without buying it or even really working for it. This Twitter account, which is likely powered by a script of some sort, has spammed “BeastGangPaulers” for crypto consistently..Read more…

 

 

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