Localbitcoins is a P2P platform similar to craigslist which is used to connect bitcoin buyers and sellers. It has come to our attention that the support live chat has been compromised by an unknown hacker. The perpetrator posted malicious links that downloaded infected executables such as keyloggers and similar software designed to steal your information, or bitcoins.
Here is Localbitcoin’s official response:
As you might be aware, the livechat accounts used by localbitcoins.com were compromised. Within those chats the impostor provided links to download executables, which probably had key loggers or other malicious software. If you had a chat with the support within last 3 hours, please do not open it, click any links or download anything provided by the support on the chat.
We are now investigating the magnitude of this case, and will be in touch with the users who might have been affected by this as soon as possible.
The extent of the hack did not seem terrible. All in all an estimated of 17 BTC were stolen which were then refunded to the 3 hacked customers. A similar incident happened last year when a hacker gained access to localbitcoins databases for a short while.
One factor that might have contributed to the loss of coins was the lack of 2 factor authentication for the withdrawal. However, the hacker could have sent malicious phishing links and could have asked the users to login to their email. One fact to note is that the attack was identified very quickly and was fixed before any real damage happened. Kudos to localbitcoins staff for having such tight security.
If you liked this article follow us on twitter @btc_feed and make sure to subscribe to our newsletter!
The team behind Starknet has introduced a new token standard aimed at solving one of…
In a move that highlights the growing race to build infrastructure for autonomous artificial intelligence,…
Prediction market platform Polymarket has entered a new partnership with Palantir Technologies and artificial intelligence…
The Ethereum Foundation has begun staking part of its treasury, marking a significant step in…
Fresh reports circulating in the crypto space suggest that Wei Jiequan, better known as Wilson…
The infrastructure powering autonomous AI agents on Ethereum is slowly coming together. Payments, trust layers,…