Hackers Stole $413.000 from BlackWallet

The attack reportedly took place on 13 January after hackers managed to hijack DNS server for BlackWallet
15 January 2018   1599

Hackers have hijacked the DNS server for BlackWallet, an online wallet for Stellar Lumens (XLM), and has stolen about 669,920 Lumens amounting to about $413.000 according to the current rate.

The attack reportedly took place on 13 January after hackers managed to hijack its DNS server, change the settings and redirect it towards their own third-party server.

BlackWallet was compromised today after someone accessed my hosting provider account. He then changed the DNS settings to those of its fraudulent website which was a copy of BlackWallet.


The creator of BlackWallet said in a statement on Reddit

Many users have taken to social media, Reddit, Stellar and other cryptocurrency forums to warn others against logging into the compromised website and having their funds vanish from their wallets.

BlackWallet administrators have also been trying to contact Bittrex to block the hackers' account.

In early December, cryptocurrency mining marketplace NiceHash said its payment system was compromised and its entire bitcoin wallet was drained by hackers.

Asian Cryptotrading: Top Altcoin is Stellar Lumens (XLM)

During the morning’s Asian trading session Stellar Lumens has become leading-the-way altcoin at present
18 April 2018   256

It has begun the market correction. Morning’s Asian trading session is led once again by Bitcoin which has lost 1% on the day dropping back under $8,000 once again. This fact has trailed most of the altcoins down with it, albeit marginally. One seem to be doing much better than the rest this morning and leading the way at the moment is Stellar Lumens.

According to Coinmarketcap`s report, an 11% gains for XLM during the morning’s trading in Asia. Other altcoins are mostly marginally up or down but very few are showing double numeric gains. Stellar is currently trading at $0.31 up from $0.28 this time yesterday, over the week it has gained 55% from $0.20 the same time last Wednesday. The monthly illustration is even more colorful with Stellar rising over 85% from its low of $0.167 on March 18. In a difference from Bitcoin, XLM is up 12% on the day to 3920 satoshis from 3500 sats this time yesterday. During the past week Stellar has earned 34% against BTC from 2925 satoshis the same time last week.

Stellar charts
Stellar Lumens charts

Momentum has been largely operated by general positive market mood for all cryptocurrencies over the past week as well. Those that had the substantial losses such as Lumens and Cardano seem to have rebounded faster as traders and investors shared up on them at low prices. Many build problems and hackathons announced on their Twitter have kept the community busy and recently the altcoin was listed on Coindirect and Buybit. 

This morning the most of trade in Asia has been on Binance which commands 30% of the total volume. South Korean’s have been involved in it also as Upbit and Gopax are second and third with trade in KRW. General XLM volume has grown over the past 24 hours by over 60% to $121 million. Stellar has continued to be steady in the top ten for some time now and is currently 8th position with a market cap of $5.7 billion. 

Total crypto market cap has kept stable over the past day and at present sits at about  $326 billion. Other Asian trading`s solid altcoins include Nem, Bytecoin and Steem.

Stellar Lumens price at the moment of press: $0,318381
24h volume: $116 864 000
Market cap: $5 911 936 081