o3n [ozone] blockchain layer

Blockchain source

Menu
  • Cybersecurity services
Menu

LocalBitcoins Resumes Outgoing Transactions After Warnings of Phishing Link on Forum

Posted on January 27, 2019 by nbelov

A link to a phishing LocalBitcoins clone website had reportedly been placed on the official LocalBitcoins forum.

A link to a phishing LocalBitcoins clone website had been placed on the official LocalBitcoins forum, but the attack has since been stopped. A LocalBitcoins community manager warned of the attack on Reddit on Jan. 26.

According to the post, an unidentified hacker or hacker group detected a security vulnerability in the LocalBitcoins forum and linked it to a phishing forum. Even before the official communication, a Reddit user warned in a post on the Bitcoin (BTC) subreddit:

“When visiting the localbitcoins forum […] users are prompted to log into their account, as if they have been logged out. This only seems to happen if you are already logged in. This is is [SIC] a PHISHING SITE and 2FA codes are being used to empty customer accounts. Withdrawals have since been suspended by LocalBitcoins.”

The alleged address of the hacker (or hackers) — identified in the comments by a user who claims to have been hacked — has received a total of 7.95205862 BTC in five different transactions, which is equivalent to about $28,134 at press time. The user also urges:

“Please get the address 13WaahhsiGph4ysmQtjVhVTdgQUSL62KJr blacklisted on exchanges.”

In the Reddit post published by the community manager, LocalBitcoins claims that the identified vulnerability was contained in third-party software, and confirmed six known cases of users being affected.

The company also reportedly stopped the attack and re-enabled outgoing transactions (which were temporarily disabled). Still, the post notes that the forum feature is still disabled until further notice.

As Cointelegraph recently reported, following international police collaboration, a 36-year-old individual suspected of the theft of over $11 million in IOTA through another phishing scam was arrested.

Also, news broke earlier this month that Indian police have arrested an associate of a group accused of conducting a crypto scam involving 5 billion rupees (about $70.5 million).

Source: Cointelegraph https://cointelegraph.com/

Recent Posts

  • The blockchain brief: What payments industry professionals should understand about Web3 domains – The Paypers May 19, 2022
  • Nifty News: BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more May 19, 2022
  • The Dept. of Commerce has 17 questions to help develop a crypto framework May 19, 2022
  • Coinbase launches new crypto think tank to help shape policies May 19, 2022
  • 'Huge testing milestone' for Ethereum: Ropsten testnet Merge set for June 8 May 19, 2022
  • Jamiroquai to Bring 'Virtual Insanity' to The Sandbox Blockchain Metaverse – Metaverse Bitcoin News – Bitcoin News May 19, 2022
  • Crypto Platform Hack Rocks Blockchain Community – Bloomberg May 19, 2022
  • Defiant Chinese netizens skirt lockdown censorship using blockchain – Financial Times May 19, 2022
  • Crypto jobs market holding up despite tech industry cutbacks May 19, 2022
  • Vietnam Blockchain Association Affirmed Their Objectives And Missions In Industry 4.0 – GlobeNewswire May 19, 2022
  • Novogratz says LUNA tattoo is a constant reminder investing 'requires humility' May 19, 2022
  • 'Grim Reapers' financial crimes unit revived to investigate Terra collapse May 19, 2022
  • $3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M May 19, 2022
  • Russia will inevitably legalize crypto payments says trade minister May 19, 2022
  • South Africa's Sinan Energy launches carbon tokenization blockchain platform – CoinGeek May 19, 2022
  • NY Department of Financial Services Outlines How Blockchain Analytics Should Be Used for Compliance – JD Supra May 19, 2022
  • LimeWire Signs Deal With Universal Music for Music NFT Licensing, Blockchain Gaming in Focus – CoinDesk May 18, 2022
  • SEC chair uses crypto enforcement in justification for FY2023 budget May 18, 2022
  • Blockchain defies a key UX tenet – hackernoon.com May 18, 2022
  • Blockchain Data Indicates $10M Worth Of Ether From The Ronin Exploit In Rotation – Geeks World Wide May 18, 2022
  • Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain – PYMNTS.com May 18, 2022
  • Candidate supported by Bankman-Fried-linked PAC loses Oregon primary May 18, 2022
  • Blockchain Data Indicates $10M Worth Of Ether From The Ronin Exploit In Rotation – NewsBTC May 18, 2022
  • Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan May 18, 2022
  • Blockchain and SWIFT’s dominance in global finance – VentureBeat May 18, 2022
  • Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine? May 18, 2022
  • Industrial Blockchain Market to Increase Exponentially During 2027 – NewsOrigins May 18, 2022
  • Crypto and Blockchain Get a Gut Check on Risk and Stability – Yahoo Finance May 18, 2022
  • Meta trademark filing hints at plans for crypto payments platform May 18, 2022
  • Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB May 18, 2022

Ad

Ad

©2022 o3n [ozone] blockchain layer | WordPress Theme by Superbthemes.com