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Author Topic: [HACKED] Localbitcoins  (Read 162 times)
xtraelv (OP)
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January 26, 2019, 11:01:45 PM
Merited by odolvlobo (1), kolesozw (1)
 #1

Anyone using locabitcoins be aware that it has had a reported security breach.

Often after a hack there is an increase in phishing attempts trying to take advantage of the chaos. Be careful.


https://bitcoinist.com/localbitcoins-hacked-forum-suspended/

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The popular peer-to-peer (P2P) bitcoin trading platform LocalBitcoins has been accessed by “an unauthorized source,” the platform confirmed, which was caused by a third-party feature vulnerability.

Quote

LocalBitcoins' report on the security vulnerability 26.01.2019
We would like to inform that today 26.01.2019 at approximately 10:00:00 UTC, LocalBitcoins has detected a security vulnerability - an unauthorised source was able to access and send transactions from a number of affected accounts. Outgoing transactions were temporarily disabled while we investigated the case.

We were able to identify the problem, which was related to a feature powered by a third party software, and stop the attack. At the moment, we are determining the correct number of users affected - so far six cases have been confirmed. For security reasons, the forum feature has been disabled until further notice.

Outgoing transactions have already been re-enabled and we have taken a number of measures to address this issue and secure the limited number of accounts that might have been at risk.

Your LocalBitcoins accounts are currently safe to log in and use - we encourage you to enable Two-factor authentication, if you have not yet.

We sincerely apologise for any inconvenience this might have caused.

Kind Regards, LocalBitcoins

https://www.reddit.com/r/localbitcoins/comments/ak1u8m/localbitcoins_report_on_the_security/

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January 27, 2019, 12:44:42 AM
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Thanks for Sharing this useful  News .. But i really dont understand why this days hackers always trying  to attack  crypto exchanges website , i think its time for exchange owner to run high quality  security  features .. 

goodbitprofit
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January 27, 2019, 01:17:25 AM
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Thank you for sharing, I was see it on news today
goodbitprofit
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January 27, 2019, 01:18:45 AM
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Thanks for Sharing this useful  News .. But i really dont understand why this days hackers always trying  to attack  crypto exchanges website , i think its time for exchange owner to run high quality  security  features .. 

Its about people how they never check where are they log in, so fishing is always attractive scam
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January 27, 2019, 02:14:56 AM
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Thank you for sharing, I don't read Bitcoinist but I'm occasionally using Localbitcoins.

Nobody is protected form vulnerabilities, especially in 3rd party software and the currently affected accounts are just few. Let's hope that Localbitcoins will continue to do their great job.

xtraelv (OP)
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January 27, 2019, 02:28:52 AM
 #6

I've used localbitcoins a fair amount and it has always been easy and safe. A hack like this is a wake-up call to always be alert.

This type of criminality and it will improve future security of crypto and motivate improved crypto forensics.

But it is little consolation for the victims.

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January 27, 2019, 03:40:42 AM
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This type of criminality and it will improve future security of crypto and motivate improved crypto forensics.
With every advance in technology there will be always a loop hole to exploit, it is a cat and mouse game and the black hats will be one step ahead always as there is always an exploit to be exposed, DNS Spoofing and phishing attacks are a common theme now as majority of the recent hacks are through these methods and they need to take extra precautions to avoid these kind of attacks.
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