Tag: Hack

MyEtherWallet DNS Hack

MEW Hack: Time to look at Decentralized Solutions to DNS Servers

With the recent DNS hack of the MyEtherWallet service, which resulted in roughly $150,000 in Ethereum coins being stolen in a period of 15 minutes, it becomes increasingly important to take a look at the outdated centralized DNS system. Moreover,...

/ April 25, 2018
Experty ICO Phishing Scam

Experty ICO is Hacked as Phishing Attack Steals $150,000

It seems as if another ICO has fallen victim to a “Pre-ICO sale” phishing attack. In this case, the ICO in question was Experty where the hackers were able to make away with about $150,000 in investor funds. These type...

/ January 29, 2018
Ethereum Classic vs. Ethereum

Simple Guide to Ethereum Classic vs. Ethereum: What’s the Difference?

If you are relatively new to cryptocurrencies then you may be slightly confused as to what the difference was between Ethereum classic (ETC) and Ethereum (ETH). They may be mistaken for thinking that they may indeed be one in the...

/ January 28, 2018
EtherDelta Hack Metamask

Fallout from the EtherDelta Hack Continues

Last week we reported about the EtherDelta DNS hack that saw attackers compromise the DNS servers of the exchange and take users to a malicious server. At the time, the guidance was to avoid logging into the site. Users were...

/ December 27, 2017
EtherDelta DNS Hack

Funds Stolen as EtherDelta Suffers DNS Hack

The largest decentralised Ethereum exchange has had their DNS server hacked. This has resulted in users losing funds in the hack. As a decentralised exchange, EtherDelta is responsible for about 10% of all Ethereum transactions. This shows just how significant...

/ December 22, 2017

Parity to Ethereum Foundation: One Hard Fork, Please

Parity, the company whose multi-sig wallets were frozen due to a bug in their smart contract code which was exploited by a Github user, is now asking the Ethereum foundation for a hard fork in order to recover the lost...

/ December 14, 2017
NiceHash Hacked

NiceHash Devastated in Hack Worth Roughly ~$70 Million in Bitcoin

NiceHash is a popular cryptocurrency-mining marketplace. Or at least it was. Now, the company’s future has been thrown into turmoil after experiencing a devastating hack that has many in the crypto community reeling. So how could this happen? What comes...

/ December 9, 2017
Bitfinex Responds Criticism

Bitfinex and Tether Respond to Allegations

Bitfinex has suffered quite a bit of bad press recently. Firstly there was the hack of Tether where a hacker was able to extract up to $30m worth of the cryptocurrency. This of course ignited all of the same concerns...

/ December 1, 2017
Parity Wallet Freeze Post Mortem

Parity issues a Post Mortem on the Kill that Froze Millions

On the 6th of November, the Ethereum community was shaken yet again by disclosure that the Parity multisig wallet was hacked. A user was able to take over control of a number of wallets and once done, accidentally “killed” the...

/ November 16, 2017
Ethereum Community Split Parity

Ethereum Community Split on Response to Parity Exploit

Two days ago, the biggest exploit on an Ethereum smart contract took place. An amatuer developer managed to take control of some Parity multisig wallets and proceeded to accidentally kill referencing libraries. This had the effect of freezing over $150m...

/ November 9, 2017