BlockThreat - Week 28, 2019

Bitpoint | AlphaPoint | 0x | Ransomware

A number of exchange compromises and critical vulnerabilities were reported in the cryptocurrency ecosystem. Bitpoint suffered a $32 million loss and up to 100 exchanges using AlphaPoint, an exchange platform provider, may have been affected as a result of the hack. A significant vulnerability was reported in 0x prompting the exchange shutdown A Cosmos slashing bypass bug triggered an emergency patch.

News:

• US mayors resolve not to pay hackers over ransomware attacks - 225 majors have signed a resolution not to pay ransom in response to the increase of attacks targeting US cities. The action is aimed to de-incentivize further attacks.

Hacks:

• Bitpoint cryptocurrency exchange hacked for $32 million - On July 11, 2019 Bitpoint, a cryptocurrency exchange in Japan, has suffered a breach resulting in the loss of 1225 BTC, 1985 BCH, 11169 ETH, 5108 LTC, and 28106343 XRP. The exchange has published the first report of the breach in under 24 hours and continued releasing a series of reports which …