Phishing Attack on Electrum Wallet Nets Hacker Almost $1 Million in Hours, Report

A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27.

Subsequently confirmed by Electrum itself, the attack consists of creating a fake version of the wallet that fools users into providing password information.

“The hacker setup a whole bunch of malicious servers,” Reddit user u/normal_rc explained:

“If someone’s Electrum Wallet connected to one of those servers,

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EOS DApps Lose Almost $1 Million to Hackers Over the Last Five Months

Decentralized apps (DApps) based on the EOS blockchain have lost up to $1 million to hacks since July, Chinese crypto media Blockchain Truth reports Tuesday, Dec. 4.

The report cites data by PeckShield, a blockchain security company that monitors different ecosystems. According to the report, the DApps on EOS have seen 27 breaches from July to late November,

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Almost All Top 100 Cryptocurrencies Solidly in Green, Dogecoin Skyrockets Over 40%

Saturday, September 1: crypto markets are multiplying recent gains today, with 97 out of the top 100 cryptocurrencies by market cap solidly in the green, as data from Coin360 shows.

Market visualization from Coin360

Bitcoin (BTC) continues to climb steadily over the $7,000 mark, seeing 2.52 percent gains over the past 24 hours,

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