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The details of cyberattacks resulting in breaches of user data from two prominent bitcoin websites – bitcoin exchange BTC-e and Bitcointalk.or, the largest bitcoin forum around –  have been revealed.LeakedSource reviewed the stolen user data from both websites.Fortunately, the security framework and password encryption techniques used by the websites are revealed to be remarkably good, LeakedSource revealed.This means that a significant majority of passwords from both websites were either completely un-crackable or hard to crack.A stolen data set containing user information from BTC-E from October 2014 revealed a total of 568,355 users registered with the exchange.The breached data contained all manners of user details including usernames, email addresses, passwords, IP addresses, dates of registration and the user’s preferred language.Somewhat alarmingly, some profile details even revealed the number of bitcoins owned by the user.However, BTC-E used a discreet and a unique password hashing method to secure user passwords, a method unknown even to LeakedSource.
Currently, every single password of over half a million BTC-E users remains “completely uncrackable, although that may change”, according to LeakedSource.Furthermore, the data breach combing resource added: This [password security] is good because if the passwords were easy to crack, hackers could log into the exchange and start stealing members’ Bitcoins.bitcoin rare pepeSuffice to say, BTC-E dodged a bullet in this instance by using a lesser-known and robust password hashing method to secure its user accounts.pagare bitcoin con paypalThe largest bitcoin discussion board in the world has predictably been the target of cyberattacks, including DDoS-led outages.litecoin recordIn May 2015, BitcoinTalk was the victim of a social engineering attack after an unknown hacker targeted an employee of NFOrce, BitcoinTalk’s ISP.ethereum miner kit
In a revelation on Reddit at the time, forum operator and admin Theymos hinted that password hashes, private messages, emails and other user details could be compromised.As it turns out, the data dump containing stolen Bitcointalk users’ information including usernames, email addresses, passwords, users’ birthdays, secret questions and their corresponding hashed secret answers and other internal data.bitcoin price history raw dataAltogether, the data contained information belonging to 499,593 users.bitcoin busterOf that number, a minority of 9%, or 44,869 users’ accounts used MD5 hashing with a unique salt for an added layer of security.LeakedSource was able to crack 68% of those users or 30,389 passwords in total.Notably, the remaining 91% of user passwords were hashed with “sha256crypt”, a method of password storage that LeakedSource deemed as “far superior to nearly every website we’ve seen thus far.” That’s high praise, coming from a resource that reveals details of data breaches frequently, in a time where mega-breaches of hundreds of millions of users are commonplace.
Representatives for BTC-E and BitcoinTalk weren’t immediately available for comment at the time of publication.If you have been using a DNotes, you will be glad to know that DNotes has recently announced DNotes 2.0 upgrade along with the launch of its new Bitcointalk Forum, embedded with innovative features and advancer applications for smart contracts execution, mobile applications and global payment systems.DNotes’ recent announcements are exciting enough to attract non-DNotes users as soon as after the upgrade launch.DNotes is the blockchain-powered digital currency and peer-to-peer payment system that enables users to execute monetary transactions efficiently, quickly and without any intermediary.The DNotes system has been created and is managed by DNotes Global Inc, which is a non-profit serving as a bridge between DNotes payment system and centralized financial world of today.Every stakeholder using this payment system becomes the partial owner of the company.The system offers intrinsic value to currency and its usage, and provides its investors with a valuation tool to determine company’s growth.
Alan Yong, the Co-Founder of the company has always been emphasizing on innovative technological development, eventually resulted in this upgrade.DNotes payment system has been the source of promoting peer-to-peer digital cash in global commerce industry.So, what new features are expected in DNotes Upgrade 2.0?Well, the most prominent change is going to be a shift from Proof-Of-Work (POW) to Proof-Of-Stake (POS) system, bringing a consequential positive changes in CRISP program of the company.This program will reward stakeholders on a monthly basis with a yearly target of around 2% on balances held in eligible accounts for 30 days or more.The purpose is to ensure long term saving & investment.An additional stake reward on 2% annual target is going to be a part, being taken as the backbone of the new 2.0 saving plans, by industry analysts.Though Yong didn’t reveal the mystery behind this feature, but he confirmed that DNotesVault will incredibly simplify the conversion process.Yong stated that Bitcointalk Forum will be used to announce the upgrade in details.
We expect to learn about Coinswap then.Unlike market anticipation, the platform is based on C#, rather than the C++ Bitcoin Core source code.Yong attributed this decision to mass acceptance of digital currency through focusing businesses and individual consumers.C# is popular in the corporate world and is easier to develop and maintain than traditional C++ Bitcoin Core source code.With this move C# architecture is going to gain attention as one of the popular platforms.There is something specifically for females!CryptoMoms is a currency neural site by the company ecosystem, which intends to encourage women’s participation.This is to be complimented by a DNotesVauts, a free secure storage for DNotes’ stakeholders, DCEBrief – a news and information media outlet for digital currency and CRISPs – a family of Cryptocurrency Investment Savings Plans for people around the globe.Popular digital currency forum BitcoinTalk has been taken offline following a social engineering attack that resulted in a server compromise.
The attack is said to have targeted the site's ISP, a company called NFOrce that is based in the Netherlands.During a social engineering attack, an attacker tries to manipulate the target with the goal of convincing them to divulge passwords or other sensitive information.The compromise was announced via the official BitcoinTalk Twitter account.Operator Theymos later took to the bitcoin subreddit to offer a more detailed explanation, writing: "The forum's ISP NFOrce managed to get tricked into giving an attacker access to the server.I think that the attacker had access for only about 12 minutes before I noticed it and had the server disconnected, so he probably wasn't able to get a complete dump of the database."Theymos said that BitcoinTalk could remain offline for as many as 60 hours following the incident, and cautioned users to "act as though your password hashes, PMs, emails, etc. were compromised".Future updates about the situation will be posted to the Twitter account, according to Theymos, and a full report will be published once the forum is back online.