$400K: Hacker Makes Off With Stellar Lumens in BlackWallet Theft
From Coindesk
An unidentified thief has reportedly stolen more than $400,000 in Stellar lumens after hacking the digital wallet provider BlackWallet.Read more: https://www.coindesk.com/400k-hacker-makes-off-with-stellar-lumens-in-blackwallet-theft/According to cybersecurity reearcher Kevin Beaumont, the attacker hijacked BlackWallet’s domain name system (DNS) server over the weekend, adding a piece of code which transferred any deposits of 20 or more lumens into another wallet.
Bleeping Computer reported that the attacker secured nearly 670,000 lumens, worth about $444,000 at press time.
Shortly after stealing the lumens, the hackers began moving the funds out of the wallet they were being stored in. Just under 100 lumens remained in the wallet as of 7:30 p.m. UTC Monday.
A reddit user claiming to be Blackwallet’s creator said in a statement that his hosting provider account had been compromised, which led to the hack. He went on to say he had contacted his provider and asked for the site to be taken down.
As of press time, BlackWallet was inaccessible.
In a way this is actually a significant milestone for Stellar Lumens. They are now valued enough to be worth stealing. Sure the crime isn't a good thing but it just shows someone coveted another's Lumens enough to steal them.
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That is very uncool. A lot of people will be licking wounds for this now, stealing is so wrong.... Ughhh
NOT COOL! :(
I guess there's good in every bad?
Security is on of main credibility keys to cryptocoins, I think..
A lot of people ingnore it, they think it can’t happen to them, they have password as a password. This can happen to anyone, if it were not possible, there wouldn’t be any hackers at first.
Resteemed!
Aren’t any cryptocurency traceable?
If not, it could happen to any of us.
Resteemed!
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yeah, unfortunately people do this, I guess for some it is easier to steal, and they have no consequences to it....hopefully karma catches up with them, but sometimes crooks get away.