Thursday, 02 August 2018

Two Major Thai Banks Hacked, Personal Details from over 120,000 Customers Stolen

The Bank of Thailand (BOT) has confirmed that hackers have stolen information of more than 120,000 customers in a massive data breach into two major commercial banks.

Link: ECNS

Reddit Suffers Data Breach after Hackers Intercept SMS-based 2FA

The data breach took place between 14 June and 18 June, when as-yet-unknown culprits accessed employee accounts through an SMS intercept attack, Reddit's chief technology officer Christopher Slowe said in a post to r/announcements.

Link: The Inquirer

Dixons Data Breach Hit 10m Customers

A data breach at Dixons Carphone affected ten million customers, the electronics retailer admitted yesterday. The figure is almost ten times more than it had first reported.

Link: The Times

Cryptocurrency has set the Monetary System Back by 300 Years

Nobel Prize-winning economist Paul Krugman has given a two-fold explanation outlining his scepticism regarding cryptocurrencies. He says that cryptocurrency, despite its cutting-edge technology, has "set the monetary system back by 300 years".

Link: Money Control

Hijackers Steal $5 Million USD Worth of Bitcoin in new Hacking Method

Since Bitcoin and blockchain-based cryptocurrencies were created, multiple new ways of hacking into users' finances have emerged, such as "cryptojacking" which hit Monero especially hard. Now, a college student has found a new way to plunder the funds of digital currency holders and managed to make off with millions of dollars worth of Bitcoin.

Link: Coin Insider

Bitcoin Cash [BCH] Turns 1, but Prices Miss the Party

As Bitcoin Cash [BCH] marked its first anniversary on August 1, its prices don't seem to be joining in the celebration. In the last week alone, Bitcoin Cash has lost about 9 percent in value and hasn't been able to fend off the broader correction seen in the market.

Link: BC Focus

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