Coinrail, one of Korea’s many cryptocurrency exchanges, was recently hacked. In the process, the company lost over $40 million in altcoins. While it is a relatively small exchange, there is still plenty of potential to get away with a huge…
Bitcoin and other cryptocurrencies flash-crashed Saturday night, one day after the US Commodity Future Trading Commission (CFTC) sent subpoenas four cryptocurrency exchanges in an ongoing probe into bitcoin manipulation that began in late July – following the launch of bitcoin futures on the CME, according to the Wall Street Journal. CME’s bitcoin futures derive their final value from prices at four bitcoin exchanges: Bitstamp, Coinbase, itBit and Kraken. Manipulative trading in those markets could skew the price of bitcoin futures that the government directly regulates.In delay reaction, Bitcoin fell as much as $433 or 5.6% in Saturday night trading, with some noting that the flash crash happened shortly after a 90th ranked crypto exchange, Coinrail, had suffered a “cyber intrusion”, and was likely the more relevant catalyst for the crypto price drop.
Some weeks ago I read about this Starbucks case where hackers hijacked laptops on the WiFi network to use the devices computing power to mine cryptocurrency, and I thought it might be interesting perform the attack in a different way.
The objective is to have a script that performs autonomous attack on the WiFi network. It’s what we have called CoffeeMiner, as it’s a kind of attack that can be performed in the cafes WiFi networks.
Cyber-security pioneer reports his Twitter account was hacked and used to promote crypto-currencies.