Upbit, a South-Korean based crypto exchange firm, was fearing an attack from fraudsters but manages to save the day. Intentionally delayed withdrawals in an effort that the accounts of users remain unharmed from attackers. Upbit had recently introduced a new policy which was to be promulgated only after November 27, 2020. Through this new policy,…
Even though it was discovered just this year, the Ragnar Locker ransomware seems to have become a popular choice of ransomware attackers working in the crypto space. In what seems to be the latest high-profile attack, it appears hackers have used this ransomware against Campari, the Italian alcohol manufacturer. According to a report by Bleeping…
In recent years, the cyber-hackers have been on the loose as they hack whoever they wish to hack and demand ransom. However, the governments and the authorities are somewhat powerless against these criminals. This is because the hackers are experts in hiding their IP addresses and their locations. This makes it extremely difficult for the…
The prime suspect of the notorious Mt. Gox hack is currently facing trial. The first trial hearing of the suspect namely Alexander Vinnik, who is a Russian national, started in Paris on Monday. Allegations against Vinnik are that he stole Bitcoin worth approximately US$ 4 Billion as a result of the Mt. Gox hack. Once…