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January 15, 2018 04:00 am

Hackers Hijack DNS For Lumens Cryptocurrency Site 'BlackWallet', Steal $400,000

An anonymous reader quotes BleepingComputer:Unknown hackers (or hacker) have hijacked the DNS server for BlackWallet.co, a web-based wallet application for the Stellar Lumen cryptocurrency (XLM), and have stolen over $400,000 from users' accounts. The attack happened late Saturday afternoon (UTC timezone), January 13, when the attackers hijacked the DNS entry of the BlackWallet.co domain and redirected it to their own server. "The DNS hijack of Blackwallet injected code," said Kevin Beaumont, a security researcher who analyzed the code before the BlackWallet team regained access over their domain and took down the site. "If you had over 20 Lumens it pushes them to a different wallet," Beaumont added... According to Bleeping Computer's calculations, as of writing, the attacker collected 669,920 Lumens, which is about $400,192 at the current XML/USD exchange rate. The BlackWallet team and other XLM owners have tried to warn users via alerts on Reddit, Twitter, GitHub, the Stellar Community and GalacticTalk forums, but to no avail, as users continued to log into the rogue BlackWallet.co domain, enter their credentials, and then see funds mysteriously vanish from their wallets.

Read more of this story at Slashdot.


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