Category: Fraud

Trojan Virus Turns Linux Servers into Bitcoin Miners

A new and dangerous computer virus has been targeting Linux servers, its goal: to turn computer servers into Bitcoin miners. The attack is aimed at environments running the Redis NoSQL database, the virus is also able to probe the network interfaces of its hosts to propagate itself. Approximately more than 30,000 servers running the Redis database are in danger due to the lack of an access password. The virus is named …
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Oracle’s Point-of-Sale Division Breached By Russian Hackers

A group of Russian hackers managed to breach Oracle’s payment system, stealing hundreds of customer credentials and data in the process. The attack affected the company’s point-of-sales credit card payment systems. News broke when security analyst Brian Krebs –also an ex-reporter for the Washington Post– originally reported the attack. The software giant Oracle Corporation ended up admitting the veracity of the reports. The security breach target Micros, a company acquired by Oracle …
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Bitfinex To Socialize Losses: Customers Will Lose 36% of Deposited Funds

After missing the announcement deadline, Bitfinex has finally decided to share with its customer the plans for re-enabling withdrawals: Customers funds will receive a 36.067% ‘haircut’ on all assets. At the core of the statement, Bitfinex said: After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets. This is the closest approximation to what would happen in a liquidation …
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Venezuela’s Biggest Bitcoin Exchange Resumes Operations

Surbitcoin, the biggest Bitcoin exchange in Venezuela has resumed normal operations. On July 14th the exchange managed to unfreeze one of its fiat bank accounts and reestablish its API integration with Banesco (the biggest financial entity in Venezuela).  The Bitcoin exchange announced the successful relaunch of its Fiat gateway. Surbitcoin stated that their bank accounts got frozen after an undisclosed party decided to complain to the bank for a delayed withdrawal. …
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