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Hackers steal $8 Million of Ethereum

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Hackers struck the Ethereum platform stealing more than $8 million worth of cryptocurrency in the second Initial Coin Offering (ICO) heist.

An ICO is an unregulated means of crowdfunding in which cryptocoins – or future cryptocurrencies – are issued in exchange for bitcoin or other current cryptocurrencies.

Last week, $32 million worth of Ether cryptocurrency was stolen when hackers gained access to the Ethereum network and attacked three separate company accounts.

The firm’s founder, Reggie Middleton said, “We were hacked, possibly by a group. The hack seemed to be very sophisticated, but there is at least one corporate partner that may have dropped the ball and be liable.”

"At the end of the day, the amount stolen was minuscule (less than 00.07 percent), although the dollar amount was quite material,” he added. “There are 100 million tokens issued, the hackers stole about 37,000. As I said, it is quite disconcerting, but it is not the end of the world.”

Over 6 million computers in Moscow are infected with Cryptocurrency Mining Virus

In Moscow about 30 percent of all computers are infected with a virus, which allows covertly mining bitcoins.

Herman Klimenko, adviser of the Russian President on Internet development, said that nowadays this is the most common and most dangerous virus. There are about 20 million computers in Moscow, of those, 20-30 percent are infected.

Klimenko noted that the organizers of such schema earn money by "rental" capacity of infected computers for processing Cryptocurrency payments.

As a reminder, on July 21, researchers discovered advertisement botnet Stantinko, which had so many victims from Russia and Ukraine. In the beginning of the month the specialists of "Kaspersky Lab" spotted the wide spread of the virus Xafekopy, which sent subscription request on paid services from victim's phone.

"We do not have information about all computers in Moscow and Russia, we can only talk about our users, 6% of them were attacked in 2017 with the goal of installing" miners "(Cryptocurrency), which makes it quite common type of malicious programs," Antonov Ivanov, an antivirus expert at Kaspersky Lab, quotes the local press.

- Chrisitna

Hackers defaced one of the largest Russian garment factory "Sinar" website

On July 24th, hackers modified the website content of the Novosibirsk (third largest city in Russia) garment factory "Sinar".

The message posted on the website said "The site is closed at the request of law enforcement agencies." and the text continued by  "against Sinar, a criminal case was instituted on suspicion of fraud in a particularly large amount."

The attackers posted a message asking the visitors who made transactions with the "Sinar" to file a complaint against them.  They also included actual phone number of the local police.

"We got in in the list of sites for hacking, maybe because this is the result of our significant place in the economy of the region. Little-known company usually are not interesting for hackers. For us this is a reason to pay more attention to the online safety", — said Alena Deneshik, the advertising manager of company "Sinar".


-Chrisitna

The website of the Israeli party "Meretz" was hacked

On 23 July pro-Palestinian computer hackers demanded to establish Arab control over Jerusalem.

The message, posted on the website of the party, stated that Jerusalem belongs to the Palestinian. Also, audio praising Allah and image of the Dome of the Rock Mosque on the Temple mount.

However, the left party "Meretz" has consistently stood for a peaceful solution to the Palestinian-Israeli conflict. The party also opposes to the construction of Jewish settlements on the West Bank of the Jordan river and requires the protection of human rights in the Palestinian territories.

The hackers reported that they will continue to hack websites in order to send messages on behalf of Palestine and all Arabs.

"We will not allow to kill Muslims around the world. Stop killing us", - stated in the message.

The website has been restored.

-Chritisna