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British Authorities Seize $1 Million In Cryptocurrencies From a Computer Hacker

M. Ali

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Southwark Crown Court, judge Joanna Korner ruled that the state could confiscate 922,978.14 pounds ($1.13 million) worth of cryptocurrencies from Grant West, a computer hacker who was arrested for selling hacked data for cryptocurrencies.

The 27 years old computer hacker was sentenced in May last year to over 10 years in prison for charges from conspiracy to defraud and possession of criminal property to the possession of drugs.

The Metropolitan Police said West used phishing emails in attacks on more than 100 companies worldwide, stealing tens of thousands of customers’ financial details before selling the data on dark web marketplaces. He later converted the profits to cryptocurrencies.

The cryptocurrency seized at the time of West’s arrest in September 2017 was at the time worth 1.6 million pounds ($1.95 million).

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at [email protected]

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Exchanges

BitMex is Having a Bad Day

M. Ali

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BitMex-Hack

Another bad day for BitMex. The exchange’s official twitter account has been hacked and thousands of its customer email addresses were leaked online. BitMex is the world’s largest Bitcoin derivative trading exchange.

Today around 1:53 PM GMT, Bitmex‘s twitter posted two tweets that were deleted after only three minutes. One read “Hacked” and the other said “Take Your BTC and run. Last day for withdrawals.”

Source: @CryptoDeleted

A new twitter account that was created today that goes by the name of Bitmexdatabaseleak posted 53 tweets about some leaked BitMex’s customer IDs.

And earlier today, Bitmex had another serious security incident resulting in the email addresses of many of its users being leaked by mistake.

A newsletter email was send out by BitMEX tp some of it’s customers, all the recipient email addresses were simply added as “To” rather than as “Bcc.” This means that every person’s email who was on the list of recipients was visible to everyone who received it.

Source @sakuraricebird

BitMEX confirms that the funds are safe.

Following this, Binance exchange tweeted that they are aware of the large-scale user email leak from another exchange and encouraging affected users who trade both on BitMEX and Binance to change their email addresses asap to prevent any troubles with their accounts on Binance.

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Bitcoin

A Backdoored Tor Browser is Being Used to Steal Bitcoin From Tor Users

June G. Bauer

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Tor-Browser-Backdoor

A trojanized version of the Tor Browser is currently targeting Russian users to steal their Bitcoin funds. This was discovered by ESET security researchers.

When victims try make any Bitcoin transactions, the Backdoored Tor browser will automatically replace the original destination address with another address controlled by criminals.

The attackers are promoting their trojanized version of the Tor Browser through posting spam message on some popular Russian cryptocurrency websites to encourage victims to download and use the infected browser. Two domain names are used to distrubute the infected browser tor-browser[.]org and torproect[.]org

At the moment of publishing, the cryptocurrency wallets controlled by the attackers received 863 transactions worth of $40,000 in Bitcoin cryptocurrency.

Example of spam message promoting tor-browser[.]org . Image credit: welivesecurity.com

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Bitcoin

Malicious WordPress Plugins Used to Mine Cryptocurrencies

June G. Bauer

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WordPress Plugins Used to Mine Cryptocurrencies

Security researchers at Sucuri have discovered a number of fake and malicious WordPress plugins that are being used not just to maintain access on the compromised websites but also to mine cryptocurrencies.

WPframework is a commonly used WordPress malicious plugin that hides itself to be a legitimate plugin, but its a PHP backdoor that will allow attackers to maintain their access even after the initial infection vector has been cleaned up.

The plugin will download Linux executable binary files to mine cryptocurrencies in the background.

What is WordPress?

WordPress is a widely used open source content management system (CMS) written in PHP with back-end MySQL database. WordPress is considered to be the easiest and most powerful blogging and website content management system in existence today. Right now, there are around 75,000,000 websites are using WordPress.

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