📰 Crypto News of the Day : Gatehub Data Breach, Monero Official Website Hijacked, Lamborghini on Blockchain?

in cryptocurrency •  20 days ago 

Market action today

Bitcoin price remains flat today hovering between $8075 to $8175
Steem price sees a +1.5% gain in the last 24 hours

⛩️ Gatehub Crypto Wallet Data Breach Compromises 1.4M Passwords

A security researcher from the website “Have I Been Pwned” has revealed that as many as 1.4 million user accounts from GateHub has been compromised.

The stolen information reportedly includes registered email addresses, passwords, two-factor authentication keys, mnemonic phrases, and wallet hashes.

In June, the same web wallet platform has also suffered a hack which resulted in nearly $10 million USD in stolen funds.

Full Story: https://cointelegraph.com/news/gatehub-crypto-wallet-data-breach-compromises-passwords-of-14m-users

⚡ Monero's Official Website Hijacked with Crypto-snatching Malware

The software available for download on Monero (XMR) official website was compromised to steal cryptocurrency.

The downloadable software available at getmonero.org may have been compromised over the last 48 hours.

A professional investigator going by the name of Serhack said on Github: “I can confirm that the malicious binary is stealing coins. Roughly 9 hours after I ran the binary a single transaction drained the wallet."

PS. Always verify the checksum of a downloaded file and verify with the file provider, you can learn how to do that here.

Full Story: https://www.theblockcrypto.com/linked/47416/multi-collateral-dai-goes-live-on-makerdao

🐂 When Lambo? Lamborghini to track cars using Blockchain

Lamborghini will use an enterprise blockchain platform from Salesforce to track the authenticity of the cars sold on the secondary market.

The company believes blockchain tech will help make this better and faster by gathering all the partners together in one trusted distributed network.

Lamborghini has now become the fourth client for Salesforce’s blockchain platform, following Arizona State University, health research company IQVIA and ratings agency S&P Global.

Full Story: https://www.coindesk.com/when-lambo-cryptos-favorite-automaker-to-track-cars-on-salesforce-blockchain

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Hi @coingecko

Wow. I read the news that talks about monero and his platform that was hacked, very unfortunate for all who are affected by that, sincerely I would not want to be in the shoes of those people.

@Lanzjoseg

There are ways a user can mitigate this from happening, even when a trusted source gets compromised.

As the saying goes in Crypto, Don't Trust, Verify.

Open source software usually provides a Checksum in their release notes of which users can hash the downloaded software to compare against.

Feel free to start your research with the article we recommend.

https://www.howtogeek.com/363735/what-is-a-checksum-and-why-should-you-care/

Whew! I got lucky there. I almost downloaded the Monero wallet the other day. Good thing I didn't. Nice wake-up call for me to check the checksums!

I was reading about the Monero issue. With things like wallets you need to really be sure the software is not tampered with. Even a CRC is not reliable unless it's signed. People need to be really careful. I heard someone lost a lot coin to this.

That is why we always recommend everyone to not Trust, but Verify.

If a user would compare the Checksum of the compromised download, they would have found something fishy real quick.

Someone did comfirmed loss of coins on Twitter due to this incident.