Bitcoin price exceeds $4800

On September 1st, top cryptocurrency price exceeded $4800 mark 
01 September 2017   906

On September 1st, the price of the top cryptocurrency overcame the barrier of $4,800. According to the data provided by coinmarketcap.com, at the time of writing Bitcoin is trading at $4,822.86 and its market capitalization is almost $80 billion.

Bitcoin charts on coinmarketcap.com Bitcoin charts on coinmarketcap.com

Thus, just a few days ago the price of Bitcoin swiftly went up having risen for a short time from $4,300 to $4,600. On Thursday, August 31st, it exceeded $4700.

coinmarketcap.com charts coinmarketcap.com charts

It's also noteworthy, that other popular cryptocurrencies have also grown in the price in the last 24 hours. Thus, Ethereum rose in price to $ 389, Ripple for the first time exceeded the mark of $ 0.25 and Litecoin rose almost to $78 earlier today. On top of that, a confident growth is demonstrated by Dash ($381) and Ethereum Classic ($19.78).

Tesla's cloud account hacked to mine cryptocurrency

Independent security group discovered Tesla's cloud account being hacked and infected with a miner-virus
21 February 2018   23

Cryptocurrencies are on the rise and all sorts of shady characters are trying to get in with dubious methods. Recent string of hacking attacks is a perfect example. And now not only exchanges and users with their hard-earned coins are in danger, but also companies with large cloud infrastructure face the same threat.

RedLock, a security research firm, reports that electric car manufacturer Tesla's cloud account information has been leaked to the internet, which allowed hackers to access the company's cloud. It has been hacked and hardware infected with a miner virus called Stratum. The mining protocol masks itself with low CPU usage and obscuring the IP of the mining server.

Of course, RedLock immediately contacted Tesla with this information and the company quickly got to fixing the breach. Tesla's spokesperson assured us that customer personal information hasn't been compromised, and that the vulnerability was patched in a matter of hours. Only small test park of internally-used engineering sample cars has been impacted and no indication whatsoever discovered that actual customer cars have been compromised in any way.

It certanly looks possible, because according to the same RedLock Cloud Security Intelligence group mining profitability of Tesla's cloud is worth a lot more that all the customer data available could be sold for on the black market. This also isn't the first instance of such a hack with no data being stolen. In fact, hacks with intention of hijacking mining capacity has already targeted Gemalto, a world's largest SIM-card manufacturer, and Aviva, a British insurance company, just to name a few.