Hackers used Italian bank servers to mine Bitcoin

Cyber security company Darktrace investigated this situation 
12 July 2017   1847

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Servers of one of the Italian banks in 2015 were used by hackers to mine crypto currency, Quartz reports.

According to the director of the UK-based Darktrace, specializing in cyber security, in January 2015, his specialists investigated the intervention in the system of financial organizations and identified data flows that were sent from the bank's servers to the botnet.

It was a fairly well known European criminal botnet. The data was not customer data; it turned out to be a fairly buggy implementation of bitcoin mining software. I don’t think they made very much money out of it.

Dave Palmer,
Director of technology, Darktrace

The captured server was shut down less than an hour after the start of the crypto currency production.

Dave Palmer also added that the period of the heyday of criminal production of crypto currency fell on 2014-2015. For comparison, in the last six months of 2017, Darktrace identified only 24 similar cases. 

Also, some time ago, hackers hijacked the Ethereum Classic Wallet and was able to steal around $300 000. 

Users Suspected RusGas of Scam

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol
07 December 2018   97

The RusGas cryptocurrency project (RGS) demonstrates disturbing signs and releases new tokens in excess of the pre-set emission limit, Cryptovest reports. With an aggregate capitalization of $ 117, RGS trading volume for the last few days is $ 35,000. Events unfold against the backdrop of promises made by the project organizers about the upcoming restart.

Most of the RGS trade is focused on the Crex24 exchange, which has a daily  of $ 700,000. RusGas had a daily volume of several million dollars in its best days, which already then caused questions about the authenticity of this value.

According to CoinMarketCap, RGS emissions are limited to 10 billion tokens, but Etherscan indicates that currently 298 addresses contain 860 billion RGS. The rapid growth of emissions was recorded in recent days and hours. The largest wallet contains 99% of all tokens, which is probably the crex24 wallet. The developers themselves explain these movements to the next restart.

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol(PRL), when the additional issue feature was used in a smart contract.

The likelihood of such an outcome is a characteristic feature of projects based on the Ethereum protocol, which allows additional emission of tokens through a smart contract at the discretion of its owner, not to mention other vulnerabilities that cost investors a lot of money.

RusGas is based on the idea of ​​using tokens and blockchains to optimize the Russian gas industry. Despite the dubiousness of the project’s mission, the data on the network indicates that in April of this year he managed to raise $ 2.2 million for ICO.