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Twitter Vows More Secure Protocols After Bitcoin Hack

Twitter says it is ramping up security following the major hack that occurred several months ago. Twitter Says Its Fixing Up Its Security While not much money was stolen, it was scary to see the accounts of such high-profile people get overtaken by a small string of hackers. Some of the people involved in the scam were Jeff Bezos of Amazon fame, Elon Musk (CEO of both SpaceX and Tesla), former president Barack Obama and Microsoft mogul Bill Gates. To be fair, these figures themselves were not directly involved in the thievery that occurred. Rather, strange messages were posted to…

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Twitter Reinforced Security Protocols After Bitcoin Hack

Twitter reinforced the security protocols on its platform after the major Bitcoin hack. The platform will now require all political and celebrity accounts to update their security to avoid a rerun of such hacks in the future. In today’s latest Bitcoin news, we are reading more about the update of the protocols. Twitter reinforced the security protocols and unveiled the new set of measures ahead of US elections. Political accounts as well as the accounts of celebrities will be required to update their security. The move came after the major Twitter hack that happened in July, involving fraudulent BTC donations.…

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European Crypto Exchange Hacked for $5.4 Million in Bitcoin

Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected to the internet. Eterbase used these wallets to facilitate day-to-day trading activities on its platform. However, hot wallets tend to be susceptible to hacks on account of their being connected to the internet. “Law enforcement authorities have been informed and we will assist as much as we can in the ongoing investigations,” said Eterbase, in a short statement. The…

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Hacked Bitcoin From Bitfinex Worth $28 Million On The Move Again

The hacked Bitcoin from Bitfinex worth $28 million from 2016 started moving again to several unidentified addresses yesterday as per the WhaleAlert reports that we have in our Bitcoin latest news today. Little over than 2550 Bitcoin worth $27.7 million stolen in the 2016 Bitfinex hack, moved yesterday according to Whale Alert, and the funds were sent as Bitcoin’s price skyrocketed to break the $11,000 price point. The two Bitfinex hacks were some of the biggest Bitcoin scams and hacks of all time and also back in 2015 the customers lost more than 1500 BTC. In 2016, a second hack…

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$5 Million In BTC Were Just Moved From 2016 Bitfinex Hack

$5 million in BTC were just moved recently from the Bitfinex hack that occurred back in 2016 as we reported previously in the Bitcoin latest news. While finding the stolen money during bank heists can be hard to trace, when it comes to crypto hacks it’s a completely different story. Hackers usually use mixing and privacy technologies as the coins they steal from exchanges and people can be tracked through the blockchain. This was shown to be the case with the BTC stolen from the Bitfinex 2016 hack. According to Whale Alert, the advanced blockchain tracker, two transactions $5 million…

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Users Don’t Really Care About the Twitter Bitcoin Hijack

The recent Twitter bitcoin hack could arguably be one of the biggest stories of the year surrounding the world’s largest and most popular cryptocurrency by market cap, but for most traders, the event is just another situation to be chalked up in the bitcoin history books and forgotten. Bitcoin Has Hardly Been Affected Despite all the press surrounding the hack, traders don’t seem to care much about what occurred, and the price of bitcoin really hasn’t been affected. In fact, despite a marginal drop into the low $9,100 range, bitcoin is again trading above $9,200, which is where it stood…

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