Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach. One or more extortionists using the names Darrin Burlew and Denni Hornig have reportedly sent emails to users who say their personal information was released as a result of the data breach at Ledger in June and July of last year. Reddit user Crypthomie, a former flight attendant based in the United Arab Emirates, said his Ledger owning father received a message today. The email included his name, home address, and …

Stephen Colbert, the charismatic host of CBS’ The Late Show, isn’t holding back his punches or his jokes when it comes to Bitcoin. In a segment dubbed “Quarantinewhile,” which features a roundup of amusing news stories for viewers to watch while stuck inside, Colbert referenced a recent report from Vice in which hackers took control of internet-connected chastity cages — devices worn by men to prevent them from engaging in any sort of sexual activity — and demanded Bitcoin (BTC) to unlock them. “Getting paid in Bitcoin? That’s the second stupidest idea I’ve heard,” said Colbert with a chuckle, implying …

Livecoin, a lesser-known Russian cryptocurrency exchange, has abruptly halted operations in the aftermath of an alleged hacker attack on Christmas day. According to Livecoin’s main page, the exchange has suffered a “carefully planned attack” causing the platform to lose control of all of its servers, backend and nodes. The exchange urged its customers to stop using its services including deposits, trading and API. “We were not able to stop our service in time. Our news channels were compromised as well. At the moment, we partially control frontend, and so we’re able to place this announcement," Livecoin’s main page reads. Livecoin …

Hacked cryptocurrency exchange Exmo is not able to recover a large amount of stolen funds as hackers withdrew millions of dollars in crypto through the Poloniex crypto exchange. On Dec. 21, Exmo announced a major hack causing the platform to freeze all withdrawals from the exchange. The United Kingdom-based company now estimates total losses to stand at more than $10.5 million in various digital assets like Bitcoin (BTC), Ether (ETH), Tether (USDT), XRP, Bitcoin Cash (BCH), and Zcash (ZEC). Exmo executives allege that as much as $4 million of totally stolen assets cannot be recovered due criminals withdrawing the funds …

Italian authorities have found Bitgrail’s founder responsible for fraudulent activity related to the 2018 hack of the platform that resulte in the loss of $150 million. Francesco Firano, the sole director of now-defunct cryptocurrency exchange Bitgrail, is accused of taking over customer funds prior to reporting the theft of crypto from the exchange. According to a Dec. 21 announcement by the Postal and Communications Police — a cybercrime unit of the State Police of Italy — Firano kept the platform intact for months despite having identified a major security breach involving Nano cryptocurrency: “In keeping the platform open, despite having …

Exmo, a cryptocurrency exchange headquartered in the United Kingdom, has suffered a major security breach causing the platform to freeze all withdrawals. According to a security notice, Exmo detected suspicious withdrawal activity on Monday, with large amounts of major coins like Bitcoin (BTC) leaving the platform’s hot wallets. Maria Stankevich, head of business development at Exmo, told Cointelegraph that the incident is “nothing very serious,” as the affected hot wallets comprise 5% of the total assets held by the exchange. “Let us stress that all the assets in the cold wallets are safe,” the announcement reads. According to the announcement, …

The hacker that breached hardware wallet provider Ledger’s marketing database earlier this year has released personal data for thousands of users, prompting many to threaten the firm with a class-action lawsuit. According to a tweet from network security firm Hudson Rock's Alon Gal, a hacker allegedly behind the breach of personal data from hardware wallet Ledger in June has made all the information they obtained available online. This reportedly includes 1,075,382 email addresses from users subscribed to the Ledger newsletter, and 272,853 hardware wallet orders with information including email addresses, physical addresses, and phone numbers. ALERT: Threat actor just dumped …

In a blog post on Saturday night, Warp Finance — the latest decentralized finance (DeFi) protocol to suffer a smart contract exploit — announced promising strides towards recompensating users following a nearly $8 million flash loan attack. As Cointelegraph reported on Friday, the DeFi protocol, which offers stablecoin loans on liquidity pool token collateral, lost $7.7 million in USDC and DAI when an attacker used multiple flash loans to create liquidity pool tokens, manipulate Warp’s price oracles, and drain Warp’s stablecoin coffers. Following the attack, a group of whitehack hackers convened to assist the protocol in assessing the damage and …

Crypto players were quick to respond to the news that hackers breached the U.S. Treasury Department. According to a report from Reuters, a “sophisticated hacking group” backed by a foreign government — reportedly Russia, according to three people familiar with the investigation — was able to breach the U.S. Treasury Department as well as the National Telecommunications and Information Administration, or NTIA, with the Department of Commerce. The incident happened less than a month after Donald Trump fired Department of Homeland Security cybersecurity chief Chris Krebs. However, Reuters stated that the hackers had been monitoring NTIA staff emails run on …

Many crypto owners fall prey to common crypto theft schemes, including phishing traps. How can the average crypto user identify and avoid these attacks to prevent the potential loss of funds? Know the source Phishing emails are sometimes successful in their attempts to trick users into downloading programs, clicking on something they shouldn’t, or just linking them to a page where they can enter personal information like their seed phrase. In July, hardware wallet Ledger reported a data breach that affected the personal data of many of its users, some of whom continue to be the target of phishing attacks. …

In what might be an important step towards the maturation of the decentralized insurance space, a claim was filed yesterday with DeFi insurance protocol Cover following the $19 million Dai hack of Pickle Finance — and so far, the majority of users want to see a payout happen. According to the claim on Cover’s website filed Nov. 21, there have been 99 votes at the time of publication throwing roughly 9,800 COVER tokens — more than 99% of respondent tokens — behind a "yes" vote to pay out affected coverage holders. Ivan Martinez, a technical advisor for Cover, said on …

In the latest step towards full recovery after a devastating hack in September, Crypto exchange KuCoin announced today in a blog post that it has “restored the deposit and withdrawal services of all tokens.” The announcement follows a partial reopening that took place in October where users could move their BTC, ETH, and USDT off the exchange. This latest step opens withdrawals and deposits to all coins and tokens, though certain tokens may have withdrawal limits due to what the exchange called “ongoing judicial proceedings.” The re-opening is a promising step towards normalcy after a crippling hack on Sept. 26. …