Coinbase

September 8, 2016

Israeli Online Attack Service ‘vDOS’ Earned $600,000 in Two Years

This post was originally published on this sitevDOS — a so-called “booter” service that has earned in excess of $600,000 over the past two years helping customers coordinate more than 150,000 so-called distributed denial-of-service (DDoS) attacks designed to knock Web sites offline — has been massively hacked, spilling secrets about tens of thousands of paying customers and their targets. The vDOS database, obtained by KrebsOnSecurity.com at the end of July 2016, points to two young men in Israel as the principal owners and masterminds of the attack service, with support services coming from several young hackers in the United States. The vDos […]
September 8, 2016

Israeli Online Attack Service ‘vDOS’ Earned $600,000 in Two Years

This post was originally published on this sitevDOS — a “booter” service that has earned in excess of $600,000 over the past two years helping customers coordinate more than 150,000 so-called distributed denial-of-service (DDoS) attacks designed to knock Web sites offline — has been massively hacked, spilling secrets about tens of thousands of paying customers and their targets. The vDOS database, obtained by KrebsOnSecurity.com at the end of July 2016, points to two young men in Israel as the principal owners and masterminds of the attack service, with support services coming from several young hackers in the United States. The vDos home […]
January 9, 2018

Website Glitch Let Me Overstock My Coinbase

This post was originally published on this siteOverstock.com (NASDAQ:OSTK) just fixed a serious glitch in the Coinbase bitcoin payment section of its site that allowed customers to buy any item at a tiny fraction of the listed price. Potentially more punishing, the flaw let anyone paying with bitcoin reap many times the authorized bitcoin refund amount on any canceled orders. In January 2014, Overstock.com partnered with Coinbase to let customers pay for merchandise using bitcoin, making it among the first of the largest e-commerce vendors to accept the virtual currency. On December 19, 2017, as the price of bitcoin soared to […]
August 7, 2018

Florida Man Arrested in SIM Swap Conspiracy

This post was originally published on this sitePolice in Florida have arrested a 25-year-old man accused of being part of a multi-state cyber fraud ring that hijacked mobile phone numbers in online attacks that siphoned hundreds of thousands of dollars worth of bitcoin and other cryptocurrencies from victims. On July 18, 2018, Pasco County authorities arrested Ricky Joseph Handschumacher, an employee of the city of Port Richey, Fla, charging him with grand theft and money laundering. Investigators allege Handschumacher was part of a group of at least nine individuals scattered across multiple states who for the past two years have […]