CEO of Major UK-Based Cryptocurrency Exchange Kidnapped in Ukraine

Pavel Lerner, a prominent Russian blockchain expert and known managing director of one of the major crypto-exchanges EXMO, has allegedly been kidnapped by "unknown" criminals in the Ukranian capital of Kiev. According to Ukraine-based web publication Strana, Lerner, 40-year-old citizen of Russia,...

Beers with Talos EP 18: Kitties in My Blockchain, Obfuscating Pronunciations, and Other Security Stuff

Beers with Talos BWT Podcast Episode 18 is now available. Download this episode and subscribe to Beers with Talos: If iTunes and Google Play aren't your thing: www.talosintelligence.com/podcast EP18 Show Notes: It’s the last full episode of the year! Thanks to you and the diligent work of Matt’s...

A week in security (December 04 – December 10)

Last week on the blog, we looked at a RIG EK malware campaign, explored how children are being tangled up in money mule antics, took a walk through the world of Blockchain, and gave a rundown of what's involved when securing web applications. We also laid out the trials and tribulations of the...

How cryptocurrency mining works: Bitcoin vs. Monero

Ever wondered why websites that are mining in the background don’t mine for the immensely hot Bitcoin, but for Monero instead? We can explain that. As there are different types of cryptocurrencies, there are also different types of mining. After providing you with some background information abou...

Cybercriminals vs financial institutions in 2018: what to expect

Introduction – key events in 2017 2017 was a year of great changes in the world of cyberthreats facing financial organizations. Firstly, in 2017 we witnessed a continuation of cyberattacks targeting systems running SWIFT — a fundamental part of the world's financial ecosystem. Attackers were able...

Gladius Shows Promise in Utilizing Blockchain Tech to Fight Hackers

--- Image Credit: Pixelbay Blockchain startups are cropping up left and right aiming to disrupt existing services and business models. These range from the trivial to potentially game-changing solutions that can revolutionize the internet as we know it. Among those that promise to change the worl...

Blockchain Wallet CoinPouch Hacked; Verge Coins Stolen

By Waqas Another day, another cryptocurrency wallet hacked This time; it This is a post from HackRead.com Read the original post: Blockchain Wallet CoinPouch Hacked; Verge Coins Stolen...

Tether Hacked — Attacker Steals $31 Million of Digital Tokens

Again some bad news for cryptocurrency users. Tether, a Santa Monica-based start-up that provides a dollar-backed cryptocurrency tokens, has claimed that its systems have been hacked by an external attacker, who eventually stole around $31 million worth of its tokens. With a market capitalization...

Harassment scandals, Sheldon Cooper, Black Mirror and blockchain

Lots of good jokes in a popular TV show The Big Bang Theory are related to Sheldon Cooper's bureaucracy in interpersonal relationships: all these "roommate agreement", "relationship agreement", etc. However, because of these endless harassment scandals in media, now it seems like a best practice ...

Hundreds of Millions in Digital Currency Remains Frozen

Between $150 million and $300 million in digital currency called ether remains inaccessible today after a user said he “accidentally” triggered a vulnerability that froze the funds in the popular Parity wallet. Parity Technologies issued an advisory warning users about the flaw in the Parity Wall...

Explained: blockchain technology

Last week, we talked about what cryptocurrency is and why cybercriminals love it. We mentioned that cryptocurrency was founded on a technology called blockchain, which is a tight system that, when applied correctly, is more secure than most other financial transactions. In this post, we'll explai...

Learn Ethereum Development – Build Decentralized Blockchain Apps

As of today — 1 Bitcoin = $7300 USD Approx 471,000 INR At the beginning of this year, 1 Bitcoin was approximately equal to $1000, and now it has surged to a new height, marking its market capitalization at over $124 billion. Is it really too late to invest in Bitcoin or other cryptocurrencies lik...

What is cryptocurrency and why do cybercriminals love it?

Ever pretend you know what your friends are talking about because you want to sound smart and relevant—and then trap yourself in a lie? “Wow, looks like those hackers were mining for cryptocurrency. You know what cryptocurrency is, right?” “Oh yeah, totally. Cryptocurrency. Bad stuff. You know...

November 1, 2017 – Morning Cyber Coffee Headlines – “November” Edition

Good morning! Sit with Carbon Black this morning over a cup of coffee or tea and browse a few industry headlines to get the day started. We’ve got just enough information below to get you through that first cup…enjoy! November 1, 2017 - Headlines Carbon Black in the News: How to Make a Ransomware...

Monero: Out-of-bounds read when importing corrupt blockchain with monero-blockchain-import

It is possible to trigger an out-of-bounds read in monero-blockchain-import when importing a corrupt blockchain and not verifying blocks and transitions during import --verify 0. Using a corrupt importfile, the attacker has full control over bufferblock in importfromfile blockchainimport.cpp. As...

October 18, 2017 – Morning Cyber Coffee Headlines – “NBA” Edition

Good morning! Sit with Carbon Black this morning over a cup of coffee or tea and browse a few industry headlines to get the day started. We’ve got just enough information below to get you through that first cup…enjoy! October 18, 2017 - Headlines Carbon Black in the News: Australia’s breach...

Satoshi Bomb

Let us discuss what defines the profitability of bitcoin mining, what principles for mining speed adaptation were initially embedded into it, and why these principles can lead to the failure of the cryptocurrency in the long run. We assume that the reader has an idea of basic Bitcoin mechanics su...

China Bans Fundraising Through Initial Coin Offering (ICO)

China's central bank today announced an immediate ban on all ICO—Initial Coin Offering—fundraising, to prevent fraud and illegal fundraising. ICO is the hottest new thing in the blockchain world, which is an alternative to crowdfunding that lets a firm raise funding from multiple sources. The...

August 21, 2017 – Morning Cyber Coffee Headlines – “Solar Eclipse” Edition

Good morning! Sit with Carbon Black this morning over a cup of coffee or tea and browse a few industry headlines to get the day started. We’ve got just enough information below to get you through that first cup…enjoy! August 21, 2017 - Headlines Carbon Black in the News: Trump increases status of...

Microsoft Launches Ethereum-Based 'Coco Framework' to Speed Up Blockchain Network

A growing number of enterprises are showing their interest in blockchains, but the underlying software fails to meet key enterprise requirements like performance, confidentiality, governance, and required processing power. However, Microsoft wants to help solve these issues and make it easier for...