Hackers Want In On Bitcoin Action: Expert

Hackers are scouring the Internet for Bitcoin wallet archives.

It’s hardly surprising that criminals are looking to get in on the cryptocurrency action as Bitcoin price surged past the $10,000 mark late on Monday.

Cybercriminals, hackers, Internet pirates, call them what you want, are scouring the Internet in search of easy targets as the world wakes-up to the success of Bitcoin and its altcoin successors.

According to American SANS Technology Institute’s online forum, a cybersecurity expert’s software has identified bots trying to piggyback off various information systems to find unsecured cryptocurrency wallets around the world.

Didier Stevens says hackers are using software that scans computers for files containing wallet information – which allows cybercriminals to access and steal funds in online wallets.

“I've seen a couple of such requests a couple of years ago, but it's the first time I see that many. The first time I observed this was late 2013, in the middle of the first big BTC (Bitcoin) price rally.”

BTC Pickpockets

While hackers are scouring the Internet for Bitcoin wallet archives, Stevens also pointed out that Ethereum wallet clients were also being targeted, according to RT.

Hackers are trying to access local Ethereum JSON-RPC interfaces, which should only be accessible by an individual system. Bypassing authentication of wallets, hackers can control an Ethereum client and effectively steal funds.

Individuals that have synchronized the Ethereum Blockchain on their system are at risk if their JSON-RPC interface allows incoming requests.

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px ‘Helvetica Neue’; color: #454545}

Secret symbol № 13: e  What is this?

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px ‘Helvetica Neue’; color: #454545}

Source: Coin Telegraph




My current recommendations:

HashFlare for automated Bitcoin cloud mining - Currently ROI in around 60 days only

Bitclub Network allows you to buy mining shares with daily payouts

CCG Mining now offers open end contracts. Bitcoin, Ethereum, Zcash, Litecoin and others

Cointracking keeps track of all your coins automatically. Many exchanges and wallets supported

 

Xapo Touts Former Military Bunker in Alps As Bitcoin Vault

Bitcoin wallet Xapo has allowed a journalist to visit a secret former military bunker in the Swiss Alps that the company uses to store Bitcoin for its private clients.

Bitcoin wallet Xapo has allowed a journalist to visit a secret former military bunker in the Swiss Alps that the company uses to store Bitcoin for its private clients. The bunker, which was constructed in 1947, is claimed to be a secret headquarters of the Swiss army during the Cold War.

In his recent article for Quartz and the World Economic Forum, reporter Joon Ian Wong discussed in detail his trip to the secret military bunker located in a granite mountain in the Swiss Alps. As of late November 2017, the 10,000 square-foot bunker is being operated by the firm Deltalis as a data center.

Detailed features of the Bitcoin vault

In his account, Wong revealed that the first barrier toward the bunker is a 10-foot-high gate. At the entrance, visitors are required to be photographed and fingerprinted after entering the lobby. After which, a visitor is required to enter a “man trap,” which is a bullet-proof glass cylinder that shuts an individual in until an operator opens the door on the opposite side toward the bunker’s main spaces.

The bunker also has a pair of steel revolving doors that require identification (ID) cards to allow access. The doors lead to a 100-meter long corridor. Two red-colored steel doors that can withstand a nuclear blast are located at the end of the corridor.

Behind the doors is another “man trap” leading to a white door where a room the size of a closet is located. The room contains a cooling unit and another door. The door leads to two more rooms, namely, the operator’s room and the “cold room” where the Bitcoin wallet keys are kept. To maintain the security of the keys, the cold room is enclosed with steel slabs to form a Faraday cage to prevent even an electromagnetic pulse (EMP) attack.

According to Xapo’s head of security, they are guarding the vault 24/7 because they are under constant assault by both hackers and terrorists, so they need to implement very tight security precautions to thwart the threats.

“We are under attack 24/7. This is not a race. It is a chess game. You have to think about the opponent’s next movement. You can never relax.”

Source: Coin Telegraph




My current recommendations:

HashFlare for automated Bitcoin cloud mining - Currently ROI in around 60 days only

Bitclub Network allows you to buy mining shares with daily payouts

CCG Mining now offers open end contracts. Bitcoin, Ethereum, Zcash, Litecoin and others

Cointracking keeps track of all your coins automatically. Many exchanges and wallets supported