Danish Bitcoin exchange BIPS hacked and 1,295 Bitcoins worth $1 Million Stolen

The breaking news is that, another Bitcoin exchange company gets hacked i.e. BIPS bips.me, one of the largest European Danish Bitcoin payment processors. On Friday evening, a bunch of cyber criminals just broke into BIPs -Bitcoin payment processor servers and wiped out around 1,295 Bitcoin from...

Atrax Kit Boasts Tor Connectivity, Bitcoin Extraction

Yet another commercial crimekit has been spotted making the rounds on the underground malware forums that uses the anonymity network Tor to stealthily communicate with its command and control servers. While it isn’t the first of its kind to use Tor, the kit, nicknamed Atrax, is cheap and comes wi...

Bitcash.cz Bitcoin Exchange hacked; Money from 4000 Bitcoin wallets Stolen

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Warning: Android Bitcoin wallet apps vulnerable to theft

A critical vulnerability in the Android implementation of the Java SecureRandom random number generator was discovered, that leaves Bitcoin digital wallets on the mobile platform vulnerable to theft. Before the announcement was made, users on the forums had noticed over 55 BTC were stolen a few...

Peer-to-Peer Botnet Takedowns a Challenge

The FBI, Justice Department and technology companies have had success shutting down botnets that rely on a centralized infrastructure and command and control servers to communicate with bots, steal data or send malicious commands. Peer-to-peer botnets, however, have proven more difficult to take...

Cloud Service Linode Hacked, Bitcoin Accounts Emptied

A security compromise at Linode, the New Jersey-based Linux cloud provider, has warned customers that hackers breached a Web-based customer service portal used by the company and emptied the Bitcoin accounts of eight Linode customers. One Linode customer reports the theft of Bitcoins totalling...