Security News
A U.K. citizen who took part in the massive July 2020 hack of Twitter has been sentenced to five years in prison in the U.S. Joseph James O'Connor, 24, was awarded the sentence on Friday in the Southern District of New York, a little over a month after he pleaded guilty to the criminal schemes. The infamous Twitter breach allowed the defendant and his co-conspirators to obtain unauthorized access to backend tools used by Twitter, abusing them to hijack 130 popular accounts to perpetrate a crypto scam that netted them about $120,000 in illegal profits.
The U.S. Department of Justice has charged two Russian nationals in connection with masterminding the 2014 digital heist of the now-defunct cryptocurrency exchange Mt. Gox. According to unsealed indictments released last week, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, have been accused of conspiring to launder approximately 647,000 bitcoins stolen from September 2011 through at least May 2014 as a result of unauthorized access to a server holding crypto wallets used by Mt. Gox customers.
American prosecutors have unsealed an indictment against two Russians who allegedly had a hand in the ransacking and collapse of Mt Gox a decade ago, an implosion that cost the cryptocurrency exchange's thousands of customers most of their digital coins. Bilyuchenko and Aleksandr Verner, 29, were charged with conspiring to launder about 647,000 Bitcoins stolen from Mt Gox starting in 2011, fueling the exchange's eventual collapse in 2014.
According to Web3 anti-scam platform ScamSniffer, miscreants with the Pink Drainer crew posing as journalists from well-known crypto news sources, including Decrypt and Cointelegraph contacted victims and interviewed some of them. "By analyzing the malicious websites created by Pink Drainer in the past month, we found that many Discord hacks are related to them," the researchers wrote.
A hacking group tracked as 'Pink Drainer' is impersonating journalists in phishing attacks to compromise Discord and Twitter accounts for cryptocurrency-stealing attacks. According to ScamSniffer analysts, Pink Drainer successfully compromised the accounts of 1,932 victims to steal roughly $2,997,307 worth of digital assets on the Mainnet and Arbitrum.
Russian nationals Alexey Bilyuchenko and Aleksandr Verner have been charged with the 2011 hacking of the leading cryptocurrency exchange Mt. Gox and the laundering of around 647,000 bitcoins they stole. The U.S. Department of Justice also charged Bilyuchenko with conspiring with Russian national Alexander Vinnik to run the unlicensed BTC-e Bitcoin trading platform between 2011 and 2017.
The Atomic Wallet app's makers first reported June 3 that some folks were complaining some crypto had been taken from their wallets and deposited in strangers' accounts, with others saying their wallets had been emptied completely. The developer, headquartered in Tallinn, Estonia, says Atomic Wallet is a noncustodial app, meaning that users own the 12-word backup phrase and private keys to their coins, rather than the app maker, and that security is within the users' control.
The developers of Atomic Wallet are investigating reports of large-scale theft of cryptocurrency from users' wallets, with over $35 million in crypto reportedly stolen. Atomic Wallet is a mobile and desktop crypto wallet allowing users to store various cryptocurrencies.
DOUG. Password manager cracks, login bugs, and Queen Elizabeth I versus Mary Queen of Scots of course! Our last story of the day: Don't panic, but there's apparently a way to crack the master password for open-source password manager KeePass.
Just days after releasing the second - and supposedly more stable and secure - version of its decentralized finance app, Jimbos Protocol over the weekend was hit by attackers who stole stole 4,090 ETH tokens from the project worth about $7.5 million. The developers behind the Arbitrum-based app were the apparent victims of a flash loan attack and now are scrambling to track down the light-fingered coders and retrieve the lost funds.