An overview of the most high-profile cyber-attacks in 2018

As a contrast to the predictions you probably see posted everywhere during this time of the year, let’s do something different; today, we’re going to be looking at the cyber-security shakeups of 2018 and glance over some of the most important events that transpired.

January

The BlackWallet application was compromised, granting the hackers $400,000 in XLM coins.

February

The NHS Scotland were infected by cryptocurrency mining malware that got on their computers via a third-party plugin.

March

Binance dealt with the credential-stealing scheme, as a part of which user funds were stolen and converted into altcoins.

April

The Chief Strategy Officer of Coinsecure, a cryptocurrency exchange, allegedly embezzled 438 Bitcoins.

May

The Bitcoin Gold hard fork suffered a 51 percent attack, in which $17.5 million was stolen.

June

Coinrail lost 30% of its coin reserves to a cryptocurrency-stealing malware.

July

Bancor, a blockchain startup, reported that the company wallet got compromised.

August

BitConnect, the company known to have performed an exit scam, hit the news once again and the head of the firm was arrested.

September

A cyber-security vulnerability was discovered in Monero, potentially allowing the hackers to steal a substantial amount of coins, but it was patched later on.

October

Pincoin operators pulled an ICO exit scam, which is not surprising, given the fact the investors were promised a 48% return on investment.

November

Canada’s Nova Scotia’s St. Francis Xavier University was found to be running cryptocurrency mining operations and was forced to close down its network to stop using the university’s resources for such purposes.