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   2221

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.

Coinbase to List Stellar

As reported, at first, the coin will not be available to residents of the UK and the state of New York
19 March 2019   181

Wallet and mobile applications (for iOS and Android) from leading American cryptocurrency company Coinbase now support Stellar Lumens digital asset (XLM).

Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet connected the world’s computers so that information could be shared globally. Stellar aims to do the same for money.
 

Coinbase Team

The new asset is available to Coinbase.com users from most jurisdictions. However, at first, the coin will not be available to residents of the UK and the state of New York.