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A Bitcoin Scammer Tried To Blackmail A 86-Years Old Woman

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A 86 years old woman received a blackmail scam where scammer claimed to have videos of her watching porn. The scammer claimed that he had installed spyware which allow him to access the webcam, which he used to record videos of of the 86 years old woman watching adult material. And demanded $1,400 in Bitcoin. This was reported on NBC Chicago TV Channel on Thursday.

The scammer sent a password of her PaneraBread.com as a proof that he had accessed her PC. Last April, Panera had a security breach that affected 37 million customers, Panera database was leaked online.

They told me I have very good taste in porn, so I thought that was nice!.

Said Arlene Kaganove

Kaganove reported this incident to the authorities that are currently investigating.

An example of a blackmail scam

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at [email protected] or contact her on Twitter @JuneTBauer1

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Bitcoin

Bitcoin Worth $1.2M Seized From Arrested Indian Hacker

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Bitcoin Worth $1.2M Seized From Arrested Indian Hacker

Indian authorities seized bitcoin worth around 90 million Indian rupees ($1.2 million) following the arrest of a 25-year-old Indian computer hacker in Bengaluru, India. Bengaluru Joint Commissioner of Police (Crime) Sandeep Patil informed media about the development on Friday.

Srikrishna alias Shreeki, the hacker, was arrested on Nov. 18 for the alleged hacking of government portals, three bitcoin exchanges and 10 poker sites, using malware in four of the attacks.

During the investigation, it was found that the Srikrishna had hacked three Bitcoin exchanges and 10 poker sites. The Bengaluru police commissioner said that Bitcoins worth Rs 9 crore have been seized in the matter.

Srikrishna confessed to hacking the e-procurement website of the Karnataka government as far back as 2019, said the report citing the ANI news agency.

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Exchanges

KuCoin Exchange Loses US $5.6 Million in a Hack Attack

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KuCoin-Cryptocurrency-Exchange-Hacked

KuCoin , the cryptocurrency exchange has announced that it has suffered a security breach which saw malicious hackers access its hot wallet and steal funds worth around US $5.6 million.

According to the official Twitter account of KuCoin, the exchange staff detected some large withdrawals since Sep 26 at 03:05 UTC+8. Some BTC, ERC-20 and other tokens in KuCoin’s hot wallets were transferred out of the exchange, which contained few parts of our total assets holdings.

KuCoin has not announced the exact value of the stolen funds, but according to blockchain tracker and analytics system, Whale Alert, around US $5.6 million worth of coins were transferred out of KuCoin’s Wallets.

Kucoin’s users on Telegram are reporting being blocked on withdraws.

Kucoin’s official coin “KCS” price dropped 10%-15%, following hacking news.

KuCoin is a Hong Kong based cryptocurrency exchange. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

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Bitcoin

Bitcoin User Losses $16.2 Million in BTC After Using an Old Electrum Wallet

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An anonymous Bitcoin user is claiming to have lost $16,000,000 (1400 Bitcoins) due to installing an old Electrum wallet version that is running malicious servers.

The user created an issue and explained what happened on the official Electrum’s github page.

It seems the victim was using an infected version of Electrum wallet that asked him to install some sort of malicious updates that triggered the transfer of hist entire Bitcoin balance to a scammers address.

According to bitcoin blockchain the transfer of the stolen funds happened yesterday.

Electrum is a light client, which means it must connect to the blockchain through a server, which by default is chosen from a list of public Electrum servers. Anyone can operate such a public server and some users will be randomly connected to it.

When broadcasting a transaction on Electrum, it gets sent to the Electrum Server you are connected to for propagation to the network. The server should try to add the transaction to its mempool and further propagate it to other Bitcoin nodes.

it seems the attackers have set up a public Electrum Server targeting the old wallets’ users, which was tweaked so that instead of propagating the user’s transaction as it should, it always returns a malicious error message directing the Electrum clients to a phishing website to “upgrade” their Electrum version.

The only way to keep your Bitcoin and other digital currencies safe is to either use an offline wallet or a trusted hardware wallet.

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