Cryptocurrency wallet GateHub recently confirmed a major security breach. A total of nearly 23.2 million XRP (approximately $9.5 million) was reportedly stolen from about 85 customers. ChangeNow, a cryptocurrency exchange, issued a statement that it had flagged certain addresses associated with the hack and helped stop another 500,000 XRP from being taken.
Proceeds from the 2016 Bitfinex hack were recently detected as being transferred on the Bitcoin blockchain after years of inactivity. Those responsible for the $60 million hack have not been identified; however, late last week, 174.54 BTC (about $1.37 million) was transferred from a wallet connected with the theft.
According to reports, Wasabi Wallet, a bitcoin "jumbler/mixer," recently executed a "CoinJoin" transaction involving 100 people. Jumbling is done by mixing transactions of multiple users in a single group, which works to obfuscate the origin of individual tokens. This is reportedly the largest number of individuals ever involved in a single CoinJoin event.
Earlier this week, cybersecurity firm Trend Micro reported that hackers have been exploiting a vulnerability in a major enterprise application server, which had originally been identified in April. The hackers reportedly used the vulnerability to access computer processing power to mine for cryptocurrencies – a practice known as "cryptojacking" or "crypto-mining malware."
Cryptocurrency startup Komodo recently took a novel proactive step to protect its users from hacks. According to reports, after finding a back door in one of its wallets, the company's own security team exploited the vulnerability, hacked into the system and gained control over the accounts in order to secure the funds at risk. All at-risk funds (nearly $13 million) were safeguarded before any "real" hackers could access them.
For more information, please refer to the following links:
- Report: Nearly $10 Million in XRP Stolen in GateHub Hack
- Stolen Bitfinex BTC Is on the Move
- 100 Bitcoin Users Perform What Might Be Largest 'CoinJoin' Transaction Ever
- Trend Micro: Cybercriminals Use Obfuscation Trick to Install Crypto Mining Malware
- CVE-2019-2725 Exploited and Certificate Files Used for Obfuscation to Deliver Monero Miner
- Vulnerability Discovered In Komodo's Agama Wallet – This Is What You Need To Do
- Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability
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