Solana’s ecosystem dodged a bullet today thanks to its devs addressing a major security vulnerability. On Aug. 9, validator Laine unveiled how developers, validators, and client teams united in a secretive blitz to squash the bug before anyone could exploit it. “A critical security vulnerability was identified and swiftly fixed by the collaborative efforts of..
Developing Story. Coinapult reported that the company’s hot wallet has been compromised. Coinapult is well-known to many in the cryptocurrency community. The company was founded by Erik Voorhees and Ira Miller in 2012, and raised $750,000 USD in a seed round led by Roger Ver, FirstMark Capital, and the Bitcoin Opportunity Fund. Coinapult is based in Panama..
For the past several months, Mr. Homero Joshua Garza has been the subject of several investigative pieces from the Coin Fire editorial team, contributors, and other staff members. With the reports from Coin Fire regarding Mr. Garza, PayCoin, PayBase, and SEC investigations, Coin Fire has often been the receiver of DDOS attacks, domain hijackings, email..
Recently, we shared the details regarding payment processor Coinapult’s wallet compromise with you where 150 BTC was stolen from a hot wallet. The company was founded by Erik Voorhees and Ira Miller in 2012, and raised $750,000 USD in a seed round led by Roger Ver, FirstMark Capital, and the Bitcoin Opportunity Fund. This security compromise revealed..
Brawker.com described itself as “an online service for individuals who want to buy and spend bitcoins. Bitcoin buyers want to buy bitcoins using a credit card or a PayPal account. Bitcoin spenders would like to use their bitcoins to purchase products and services from online merchants who do not yet take bitcoins. Brawker brings both..
Bitcoin security has been a cause of major concern, as there have been many bitcoin wallet hacks, resulting in the loss of many thousands of bitcoins over time. This post on bitcointalk.org has an overview of all the major Bitcoin scams, thefts and compromises. Mt. Gox lost 850,000 bitcoins, and later “found” 200,000 bitcoins in an..
With the recent high profile compromises and hacks in the Bitcoin ecosystem, Bitcoin wallet security has become an issue of utmost importance. We need to make sure that our wallets are not back-doored, and are not vulnerable to hackers. In addition to this, most of you know that once bitcoins are sent, they cannot be retrieved…
This morning, OKCoin shared information on how it secures cold wallets in an effort to move the industry forward. The company released a statement saying, Through this transparency, OKCoin aims to assure users of the security of their funds. We hope this helps the industry be more open and welcome feedback and new ideas. The principles of the..
On March 17th at 2:03pm EDT, Coinapult reported that the company’s hot wallet has been compromised. Coinapult is well-known to many in the cryptocurrency community. The company was founded by Erik Voorhees and Ira Miller in 2012, and raised $750,000 USD in a seed round led by Roger Ver, FirstMark Capital, and the Bitcoin Opportunity Fund. Coinapult is..
