Stock Groups

Satoshi’s Bitcoin Website Got Hacked For The First Time By DailyCoin

[ad_1]

Satoshi’s Bitcoin Website Got Hacked For The First Time
  • The website registered by Satoshi Nakamoto is promoting a crypto scam after getting hacked
  • One of the site’s owners points fingers towards Cloudflare (NYSE:) for the malicious hack.
  • The site has been subject to severe DDoS attacks in the past.

In crypto, one thing is for certain – never say never. Bitcoin.org was hacked. It is believed that Satoshi Nakamoto registered it as the first Bitcoin education online resource.

Bitcoin.org Promotes Scams

Claiming Bitcoin got hacked is too strong of a euphemism. Screengrabs posted on Crypto Twitter (NYSE:) on September 22nd show a pop-up message on Bitcoin.org’s home page, requesting people to send BTC to the specified address and receive double the amount in return.

Anyone new to Bitcoin would immediately recognize the type of scam that’s been an ongoing issue in the crypto space. The Twitter community repeated the message, “don’t send any money, it’s a scam!”

Although, according to data from Blockchian.com, the fraudsters have obtained 0.4 BTC (an estimated $17,000, it is not clear if funds have been received due to the hack.

At the time of writing, Bitcoin.org was no longer accessible; however, users reported the hack to the hosting company, and reports also indicated the Bitcoin’s Whitepaper page showing a 404 Error.

On The Flipside

  • Bitcoin’s price could slip after the mass media could misinterpret the hacking event.

Sourcing The Issue

Twitter user, CobraBitcoin, presumably the website’s operator and possibly owner, tweeted that the issue appeared after migrating to Cloudflare and soon after getting hacked. The ongoing problem of attacks on Bitcoin.org has been a constant issue. Cobra Tweeted on July 5th; the website was attacked by an “absolute massive DDoS attack,” ironically also including a ransom.

Matt Carollo, a Bitcoin contributor, reported the scam hack to NameCheap.com, who’ve temporarily taken down the website.

Cloudflare, NameCheap.com were the topics of much discussion. Twitter user Justin, Threat Intel (NASDAQ:) at Cloudflare, reached out to NameCheap’s security team after Cobra reported their server did not receive any traffic during the attack.

Why you should care

Bitcoin.org Hack is different from hacking on Bitcoin network protocol.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7]
It takes just one click to unsubscribe.

Continue reading on DailyCoin

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are more accurately calculated by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]