Hackers stole 400 thousand dollars after hacking cryptocurrency wallet BlackWallet

Hackers stole 400 thousand dollars after hacking cryptocurrency wallet BlackWallet

Unknown hackers stole more than 400,000 dollars in the cryptocurrency Stellar lumens after hacking cryptocurrency wallet BlackWallet.

According to the specialist on cyber security Kevin beaumont, the attackers got control over the DNS server BlackWallet (DNS) on the weekend and added a piece of code, thanks to which all transactions in excess of 20 lumens went to the purse of the attackers.

Bleeping Computer reports that the attackers were thus able to steal some 670.000 lumens, which is about 444.000 dollars at the exchange rate at the time of publication of the article.

Shortly after the theft, the hackers started to move funds from the wallet, which they did initially. Only 100 lumens left in the purse at 7:30 p.m. on Monday.

A reddit user who claimed to be the Creator of the wallet Blackwallet, said that his account at the hosting provider were compromised, which led to cracking. He further stated that he had contacted my provider and asked to shut down the site.

At the moment the website BlackWallet unavailable.

The Creator of the site stated that the large amount of stolen money was sent to the account on cryptocurrency exchange Bittrex. It is unclear whether Bittrex froze the stolen funds.

Developer purse commented on the incident:

I am truly sorry about this and hope that we will return the funds back. I’m negotiating with my hosting provider to get as much information as possible about the hacker and find out what you can do with this information.

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