Litecoin is one of the first open-source altcoins based on the original Bitcoin code. It was initially a strong competitor to the first cryptocurrency. However, as the cryptocurrency market expanded, Litecoin’s popularity gradually declined.
Bitcoin is a bubble, or how to give your crypto to someone you don’t known. Cryptocurrency Market Overview
The money goes. After the Upbit exchange was hacked, transfers of funds from hacker accounts in the amount of over $8 million were noticed. 55 thousand Ethereum (ETH) were transferred to unknown wallets. This amount was transferred in 10 transactions within two hours. Last week, the exchange announced a wallet hack with 342,000 ETH. Upbit promises to compensate for the loss of users from its own funds.
Hacking via SMS - scammers have learned how to easily hack Telegram accounts. A number of Russian entrepreneurs have complained about third-party access to personal correspondence in the messenger. Users received an official notification from Telegram with a login code, which was duplicated in SMS messages. After that, they immediately logged into the account from another device. Cybersecurity experts report that only devices with authorization via SMS were hacked.
Group-IB cybersecurity company:
«The danger is that in this way attackers can gain access to other instant messengers, social networks, e-mail, various services or mobile banking applications, where only SMS is used for authorization».
At the same time, if you have set a password for authentication, you should not worry about hacking, because Telegram fully provides account protection.
But in China, they took care of this issue and made it mandatory to scan the face. From December 1, in order to connect a new mobile service, you will need to provide not only a document with a photo, but also a face scan. Local authorities believe that these measures will be effective in combating cybercrime, but experts also talk about the ability of the authorities to monitor whether users enter the network under their real names.
See also: How to store cryptocurrency properly
