Bitcoin was dealt another blow last night after South Korean cryptocurrency exchange Bithumb said $31.5 million was stolen by hackers causing the principle coin to fall from $6,742 to $6,562.
South Korean exchange Bithumb said in a notice on its website on Wednesday that it had stopped all trading after ascertaining “some cryptocurrencies worth about 35 billion won were seized between late yesterday and early morning today.”
The exchange, thas now moved “all clients’ assets in safe cold wallets,” which operate on platforms not directly connected to the internet, adding that customers affected would be fully compensated.
Mun Chong-hyun, chief analyst at ESTsecurity, warned that cryptocurrencies represent an ideal target for hackers.
He said: “No security measures or regulations can 100 percent guarantee safety of virtual coins. It is held anonymously and in lightly-secured systems, which makes them an irresistible target."
Blaming Bitcoin for all your spinning needs is how you show your ignorance to the world. In the real world it is imperative that you should protect yourself at all times. Let your guard down and you will lose everything in a split second. This is our day one for Shodan web application. Shodan is the latest addition to the set of tools that are available for cyber security oriented individuals. It is the search engine of hackers so to speak.
It is simple and yet it is dangerous. Search and click feature is similar to simple search engines. The only difference is the results page that comes after clicking the the search button.
For demonstration purposes, I typed something in the search box and it exposes a couple of servers and their IP addresses. I am aware how dangerous this pieces of data which happens to be in front of me right but this clearly proves that you should never sleep as a cyber security professional or the chopping board will be beside you. Goodbye for now. Until next time.
