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Can Bitcoin Be Hacked Reddit

Bitcoin Stolen As Nicehash Hacked; Btc Price Rises Above 19,000, Then Crashes Down - Cbs News

Bitcoin Stolen As Nicehash Hacked; Btc Price Rises Above 19,000, Then Crashes Down - Cbs News

Bitcoin mining company says it was hacked, possible theft worth millions Last Updated Dec 8, 2017 12:59 AM EST A bitcoin mining company in Slovenia said it had been hacked for the possible theft of tens of millions of dollars. As the price of the virtual currency soared past $17,000, NiceHash, a company that mines bitcoins on behalf of customers, said it is investigating a security breach that may have resulted in the theft of about $70 million worth of bitcoin. The company said it would stop operating for 24 hours while it verifies how many bitcoins were taken. Research company Coindesk said A wallet address referred to by NiceHash users indicates that about 4,700 bitcoins had been stolen. NiceHash said it will stop operating for 24 hours while it verifies how many bitcoins were taken. Wallet is a nickname for an online account. Bitcoin reached a record price in U.S. trading Thursday, rising to more than $19,000 only to fall sharply within minutes, settling near $17,000 early Thursday afternoon. Still, that price represented an increase of more than $5,000 in less than 48 hours for the digital currency. That places the value of the entire crytocurrency market at more than $400 billion, according to Coinmarketcap.com . Bitcoin plummeted more than 12 percent in volatile Asian trading Friday, dropping below the $15,000 level after touching a record high above $16,000 earlier in the session, according to the Reuters news service. "It was still up more than 30 percent for the week, as investors debated about whether the cryptocurrency was in a bubble that was about to burst.," Reuters said. At the start of the year, one bitcoin was worth less than $1,000. Coinbase, the largest bitcoin exchange, at one point tweeted that record-high traffic had caused interruptions to its s Continue reading >>

Arguing That Bitcoin Is Unsecure Because Exchanges/services Can Be Hacked Is Like Arguing The Us Treasury Is Unsecure Because Your Credit Card Info Can Be Stolen. : Bitcoin

Arguing That Bitcoin Is Unsecure Because Exchanges/services Can Be Hacked Is Like Arguing The Us Treasury Is Unsecure Because Your Credit Card Info Can Be Stolen. : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

Confused. Can Bitcoin Be Hacked? : Bitcoin

Confused. Can Bitcoin Be Hacked? : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

Bitcoin Stolen In Hack On Nicehash Cryptocurrency Mining Marketplace

Bitcoin Stolen In Hack On Nicehash Cryptocurrency Mining Marketplace

NiceHash said in a statement it was "investigating the nature of the incident," and that it would close down its site for a day. "We are working to verify the precise number of BTC (bitcoin) taken," the company said. "Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days.In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency." While NiceHash was unable to specify how much bitcoin had been stolen, users have pointed to a bitcoin wallet which holds 4,736.42 bitcoins equivalent to $68 million. Andrej P. kraba, head of marketing at the firm, confirmed to news agency Reuters that around 4,700 bitcoins worth roughly $68 million at current prices were lost in the hack. CNBC reached out to NiceHash Chief Executive Marko Kobal for comment but he was not available at the time of publication. This wouldn't be the first time people have lost millions in cryptocurrency. In November, millions of dollars worth of Ethereum were "accidentally" frozen on the cryptocurrency wallet provider Parity after a user "suicided" the wallet, deleting its code and freezing all ether tokens contained within. WATCH: Six ways to protect your bitcoin and ethereum investments from hackers Continue reading >>

How Can Bitcoin Be Hacked If It Has Blockchain? : Bitcoin

How Can Bitcoin Be Hacked If It Has Blockchain? : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

My 387 Bitcoins Got Hacked And Stolen! : Bitcoin

My 387 Bitcoins Got Hacked And Stolen! : Bitcoin

My 387 Bitcoins got hacked and stolen!(1EENuimoixhyn6k67UgeYo2mFFhRfEYots) Address:1EENuimoixhyn6k67UgeYo2mFFhRfEYots Message: I'm not fake, Renben9 Signature:H3RQ2A5sYDLI6x1qJU0UDBDXZQ8UugAmeEBNs1S9Tq3xX5COtftktVABaFPUWfkjBPqSAc9J5xWqNJAwvAr+0D0= Address : 1EENuimoixhyn6k67UgeYo2mFFhRfEYots Message :This address belongs to reddit.com /u/gamezxz , today is 10/30/17. Signature : IExWjk6+Lfn4kJOYAX7vbOr1WfiYF2NkumurUo68FJgyPgACxdXL9CP1pKRzZstUIT5c7MEiq6ynG/qtQCiqqtQ= I would like to share my sad story so that no one will repeat the same mistake as me ever again. This thief-hacker transaction, which I will remember forever, just taught me last night to not trust any service provider anymore. I created a private key from Bitaddress.org on 2017-08-08 and imported my private key into Blockchain Wallet (Blockchain.info) which provided the SMS, 2nd password, and confirmation by email for its security procedure. But last night around 3 am GMT+7, my wallet got stolen. The thief transferred out everything with no access through Blockchain.info wallet at all. So it seems like the thief some how hacked and accessed to my private key which allows him to make a transaction manually with the third-party broadcasting tool. These past few months, I never aware of this risk since many tutorials suggest me how to make a paper wallet via Bitaddress.org and just simply link it with Blockchain.info wallet. I realize its my fault to not create and keep my Bitcoin in a real cold storage. I would like to share this story to be a lesson for our Cryptocurrency community so everyone can be aware and start taking the security issue more serious. I want to say that I am Thai, many people think this is a lie. For me, I have to admit that the money is gone. I use google transate to communicate with yo Continue reading >>

Top 10 Reasons You Got

Top 10 Reasons You Got "hacked" And Your Bitcoins Were Stolen : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

Reddit Internal Security Threat: Evidence Suggests Reddit Employees May Use Their Reddit Database Access Privileges To Engage In Tribal Attacks And Hackusers

Reddit Internal Security Threat: Evidence Suggests Reddit Employees May Use Their Reddit Database Access Privileges To Engage In Tribal Attacks And Hackusers

Reddit internal security threat: Evidence suggests Reddit employees may use their Reddit database access privileges to engage in tribal attacks and hackusers Several Reddit users active in the r/btc subreddit were hacked in December 2017. Among the victims are a moderator of r/btc ( victim 1 ) and a user that works in anti-malware for a living ( victim 2 ). As result of the victim 1 hack the entire subreddit r/btc was compromised for 1530 min. showing visitors a message redirecting them to the rival subreddit r/bitcoin. Other victims include recipients of bitcoin cash tips on reddit through tippr ( victim 3 , 4 , 5 , 6 and 7 ). Tippr is a Reddit bot that allows anyone to tip any other user in bitcoin cash. To use tippr, you have to send the bot a private message to make a deposit in a wallet controlled by tippr. Then to tip a user, you simply answer one of recipients comments on reddit by mentioning u/tippr and including the amount you want to tip. So if you want to tip user Alice $5, you reply to one of Alices comments with u/tippr $5. The tippr bot will then answer the comment telling alice that she has received $5 in bitcoin cash ( example ). Now Alice must create a bitcoin cash wallet and can withdraw these $5 in bitcoin cash by sending the tippr bot a private message including the amount she wants to withdraw and her bitcoin cash wallet address. The bot has proven extremely successful in increasing the adoption of bitcoin cash, as victim 4 states over $50k have been spent through the tippr bot in the last month alone. Since the bot alerts recipients in public when they receive tips, the attacker can easily pick victims simply by checking the recent posts by tippr on Reddit. The developer has temporarily disabled tippr as he await a Reddit investigation about these Continue reading >>

Reddit Confirms Hack Lead To Users Losing Bitcoin Cash Tips

Reddit Confirms Hack Lead To Users Losing Bitcoin Cash Tips

Reddit Confirms Hack Lead to Users Losing Bitcoin Cash Tips Continuing the story from the 31st of December, Reddit has stated that its mail provider, mailgun , had been compromised. Citing reports of completed password resets that account owners did not request. Reddit also stated that it has moved the password reset facility to an in-house server. The attackers gained access to the content of password reset emails, allowing them to reset passwords for any Reddit account. Mailguns blog stated that the attack occurred via a compromised employee account, allowing the attackers to gain access to mailgun customers API keys. Accounts that have Two-Factor authentication enabled are not vulnerable to password reset attacks. Since an attacker must acquire the single-use code to change the password. KeyserSosa, a Reddit admin, stated We paused final roll out because of the holidays since its not a small change and wanted full coverage before final testing on everyone. when asked on the status of 2FA roll out to all users. Once full rollout is complete, you will no longer need to be a moderator to use 2FA on Reddit This attack shows how far an attacker is willing to go if they believe they can gain from your account. Remember to never publicly flaunt or share how much of a given cryptocurrency you own, always use secure and unique passwords, never reuse passwords, and enable Two-Factor authentication if you can. Continue reading >>

Reddit Investigating Internal Hack After Users Report Stolen Bitcoin Cash Tips

Reddit Investigating Internal Hack After Users Report Stolen Bitcoin Cash Tips

Reddit investigating internal hack after users report stolen Bitcoin Cash tips Another day, another wild mystery in the world of crypto. Reddit has confirmed it is investigating a possible internal security threat after several members of the Bitcoin Cash subreddit more commonly known as /r/BTC reported their accounts were purportedly hacked and emptied out of their funds. While the initial string of suspicions breaches allegedly began in December, several more Redditors noted that their accounts were compromised three days ago. According to multiple reports , victims began aware of the security threat when they received emails that the password for their Reddit accounts had been changed. Shortly after that, affected users noticed the balance on their Tippr accounts a popular donation software designed to facilitate Bitcoin Cash tips between Redditors had been withdrawn without their consent. Following the second round of breaches, a post on Hacker Noon documented the unusual activity, speculating there is a high chance the hackings were conducted with the help of Reddit employees. For what is worth, it is important to point out that the post offers no substantial evidence to back up these claims. Still, the accusation prompted Reddit administrator gooeyblob to respond to the claims, saying their team is looking into the situation. Thanks for reporting were not ignoring, gooeyblob said . [T]his was reported privately via security at reddit.com [sic] and weve been investigating. Among other things, the Hacker Noon piece insists the Reddit passwords of affected users were somehow changed without accessing their emails. This suggests whoever is behind the breach has figured out how to access the password recovery links (sent to the users respective email addresses) withou Continue reading >>

Bitcoin Is Plummeting After One Of The World's Largest Cryptocurrency Exchanges Suspended Withdrawals

Bitcoin Is Plummeting After One Of The World's Largest Cryptocurrency Exchanges Suspended Withdrawals

Bitcoin is plummeting after one of the world's largest cryptocurrency exchanges suspended withdrawals Cryptocurrency exchange Binance said it had halted withdrawals Wednesday morning as it investigates "unauthorized market sells. " Bitcoin was plunging on the rumours of a possible hack on the popular exchange, and the digital currency was down as much as 10%. You can follow the price of bitcoin in real-time here>> Bitcoin plunged more than 10% Wednesday morning, as low as $9,600, after rumors began to swirl on Twitter and Reddit that major cryptocurrency exchange Binance had been hacked. Binance is one of the largest cryptocurrency exchanges in the world, with $1.77 billion worth of digital coins on its platform, according to CoinMarketCap . "WTF is happening! Binance just sold all my alts at market rate and I have got just the Bitcoin now," one Reddit user said . "Is it because of account getting hacked or binance bot issue?" Other users said they had experienced a similar issue with their cryptocurrencies being sold for bitcoin. "We are investigating reports of some users having issues with their funds. Our team is aware and investigating the issue as we speak," the exchange said in a statement. "As of this moment, the only confirmed victims have registered API keys (to use with trading bots or otherwise). There is no evidence of the Binance platform being compromised." Continue reading >>

I Just Got Hacked. : Bitcoin

I Just Got Hacked. : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

How A Reddit Email Vulnerability Led To Thousands In Stolen Bitcoin Cash

How A Reddit Email Vulnerability Led To Thousands In Stolen Bitcoin Cash

How a Reddit Email Vulnerability Led to Thousands in Stolen Bitcoin Cash Beginning over two weeks ago, reports have trickled in on Reddit community r/btcthe de facto hub for supporters of bitcoin rival bitcoin cash (BCH)of accounts being compromised by a new and worrying attack vector. What may have read to skeptics as infighting between two contentious factions was confirmed today as a genuine and novel hack that allowed malicious parties to access their targets Reddit accounts. And it seems the attackers exploited the vulnerability to steal thousands of dollars in BCH. The first of this rash of attacks compromised the account of an r/btc moderator on December 20th. Administrative privileges from the hacked account were used to, among other things, reconfigure the r/btc subreddit so it pointed to its rival, r/bitcoin. As over half a dozen more reports of compromised accounts popped up on r/btc over the next two weeks, details emerged as to how the hacks were accomplished. As user Jessquit summarized on December 31st: [M]y account was just hacked a few hours ago and the password changed [...] The attacker was able to change my password by sending a password recovery email then clicking the link in the email to reset the password, even though I have activated [two-factor authentication] on my Reddit account, and my email was not compromised. This is a very dangerous turn of events. The exploit allowed hackers to request a password reset for a target account and then click the generated link without opening the email it had been sent in. How was this possible? Theories circulated, buoyed by posts on Hacker Noon and The Next Web . It was the r/bitcoin users out to cause trouble; Or was it a Reddit admin gone rogue? But this attack had incentive beyond ideology. What made Continue reading >>

Reddit Email Vulnerability Results In Bitcoin Cash Embezzlement

Reddit Email Vulnerability Results In Bitcoin Cash Embezzlement

Reddit Email Vulnerability results in Bitcoin Cash Embezzlement The investigation of stolen Bitcoin Cash (BCH) from the hot wallets of community members of r/btc, a Reddit group that advocates bitcoin rival bitcoin cash, has concluded. The progress made in the inspection revealed that the hack was accomplished using the Tippr bot. The hacker used the defenseless third-party email functionality that Reddit uses for point of access. The malicious attack turned up as a reset from Reddit in the form of an email. Straightaway the password change was authorized using another email. Even users with 2FA (two-factor authentication) suffered from Reddits email vulnerability. Additionally, users reported no suspicious activity in their official emails. Hackers were available reset passwords without opening the actual email of the individual. Tippr is a bot to tip users in Bitcoin Cash mainly active on Reddit and Twitter. Tippr permits Reddit users to donate money to those who have a BCH wallet. The tipper first sends the bot the deposit along with a comment. The Tippr bot will recognize the donation and confirm the tip. In return, the receiver has to send a message to the bot with their BCH wallet address and the amount. Once the bot verifies the information, it will allow the recipient to access the money. Reddit confirmed Mailgun, a third-party service to send automated emails, as the Achilles heel. According to Reddit, only a few emails were compromised. The social news aggregation site, owned by Advance Publications, assured that less than twenty emails were hacked. Reddit has blamed Mailgun for the email vulnerability that cost many BCH supporters their coins. The automated email subcontractor had accepted the occurrence of the event but asserted customer payment information Continue reading >>

Bitcoin Cash Reddit Tip App Users Hacked For Thousands

Bitcoin Cash Reddit Tip App Users Hacked For Thousands

Bitcoin Cash Reddit Tip App Users Hacked for Thousands This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow the link below. An ongoing investigation has revealed multiple allegations that hot wallets from users of popular subreddit r/btc were hacked through Tippr, resulting in thousands of dollars worth of bitcoin cash (BCH) stolen. Early theories assumed this to be a new low in the so-called Civil War between supporters of bitcoin core and BCH. Also read: African Central Banks Urged to Ditch Dollar and Buy Bitcoin Using a previously unknown third-party vulnerability, users of Reddits increasingly popular subreddit forum, /r/btc , a discussion board which often features positive comments by bitcoin cash supporters, were hacked for thousands of BCH. Reddit is a news aggregator fueled by subreddit discussion boards which fill every kind of topic niche. It is owned by media conglomerate Advance Publications, and is routinely in the top ten most visited websites. The attacks were seemingly so base, early thinking went toward an inside job. Perhaps a rogue Reddit admin had snatched bitcoin cash, came an initial theory. In the final month of last year, /r/btcs moderator and a user who happened to work in the malware field were made vulnerable and hacked. For about half an hour, the subreddit itself was redirected to r/bitcoin. And then a half dozen other bitcoin cash-favoring forum users were compromised, especially those tipped through Tippr. The conspiracies began. Obviously, bitcoin core supporters had taken to ire, doing so as a new low. They might hate bitcoin cash, but no one turns down free money. 50,000 USD of BCH Flowed Through Tippr in December Tippr is a bot us Continue reading >>

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