Ransomware Hackers Attack Malaysian Media Company Demanding $6.3 Million in BTC
Another day, another dollar and yet another attack by hackers. This time a group of ransomware hackers have attacked a Malaysian media company by the name of Media Prima Bhd and have demanded BTC funds before they return access to the company’s hacked computer systems.
Bitcoin Cash (ABC) ahead, more hash power, more activity, higher price.
4x higher price (margin). Seems like a win for BCH. Jihan Wu and Chinese miners not even needed. Certainly not enough for a 51% attack on BCH. BSV nodes reportedly crashing. Faket...
"Let's get this stupid fork over with already."
Binance CEO spoke out on Twitter earlier today.
Crypto Carnage: Market Loses Staggering $26 Billion in 24 Hours
Over the last 24 hours, the crypto market suffered a devastating wipeout of more than $26 billion, making it one of the most intense daily sell-offs in all of 2018.
BTC crash leads to 41k unconfirmed transactions.
18k transactions a couple of hours after this was posted.
Crypto Market Wipes Out $8B, Bitcoin Cash Down 24.4% in 1 Week
Over the past 12 hours, more than $8 billion was wiped out from the crypto market, as several major digital assets including Bitcoin Cash (BCH) and Stellar (XLM) suffered. For the first time in the past ten days, the price of BCH has dropped below the $500 mark to $480. Within the past week, after securing a monthly high at $630, BCH has dropped by more than 24.4 percent.
Claim: Crypto Exchange Lost $500,000 Due to AurumCoin 51% Attack
A little-known cryptocurrency called AurumCoin (AU) has claimed that it was hit by 51 percent attack, and crypto exchange Cryptopia, where the cryptocurrency is listed, lost 15,752.26 AU (approx. $550,000 at the time of writing this article). However, the cryptocurrency has shifted the blame on Cryptopia. On AurumCoin’s website, it has claimed that it is not responsible to anyone since it is an open-source distributed currency. Cryptopia, on the other hand, has not yet acknowledged any loss.
Garlicpool shutting down - It was great mining with you all!
At the current moment the pool does not run a profit (actually it hasn't ran profit for months). This combined with my non-involvement with the coin made me decide running this pool is not something I want to keep on doing for the foreseeable future.
Crypto Theft at an All Time High: 2018’s Crypto Hacks Are Reported to Have Stolen Almost $1 Billion
In its quarterly Cryptocurrency Anti-Money Laundering Report, CipherTrace reported that almost $1 billion has been stolen or crypto hacked so far this year. CipherTrace, which was founded in 2015 by David Jevans, develops cryptocurrency Anti-Money Laundering, bitcoin forensics, and blockchain threat intelligence solutions. CipherTrace and its quarterly reports have become an authoritative data source which the industry continues to rely on.
Hong Kong-Based Bitcoin Mining Pool BTCC to Close Indefinitely
Hong-Kong based bitcoin exchange, BTCC has made known through a press release, plans to shut down its mining pool business BTCC Pool Limited after four years of operation in Hong-Kong.