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Cybercriminals attack GoDaddy-based cryptocurrency platforms

Cybercriminals attack GoDaddy-based cryptocurrency platforms

Yesterday, safety researcher KrebsOnSecurity reported that a number of cryptocurrency platforms hosted by common internet hosting supplier Godaddy have been attacked over the previous week.

In keeping with KrebsOnSecurity, the assaults started on or round November 13th on cryptocurrency buying and selling platform liquid.com.

Liquid CEO Mike Kayamori stated GoDaddy incorrectly transferred management of the account and area to a malicious actor.

Kayamori added that the transfer allowed a malicious actor to alter DNS information and thus, take management of various inside e mail accounts. Moreover, a malicious actor was in a position to partially penetrate the liquid.com infrastructure and achieve entry to doc storage.

The second sufferer was cryptocurrency mining service NiceHash, which on November 18 found that among the settings for its area registration information at GoDaddy have been modified with out authorization, briefly redirecting e mail and internet visitors for the location.

NiceHash instantly froze all clients’ funds for 24 hours to forestall the attackers from transferring funds in addition to to confirm that they’d restored their authentic area settings. The corporate suggested its purchasers to alter their passwords and activate 2FA safety.

Social engineering, the place an attacker impersonates customers to defraud directors, has confirmed to be a well-liked software for criminals trying to pilfer crypto riches. As Cointelegraph has beforehand reported, a Twitter hack the place attackers gained management of prime consumer handles comparable to Barack Obama and solicited Bitcoin, was additionally executed with social engineering. 

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