February 23, 2026

Capitalizations Index – B ∞/21M

Website Threatens To Make Email Password Public, Demands Bitcoin as Ransom

Website Threatens To Make Email Password Public, Demands bitcoin as Ransom
Website Threatens To Make Email Password Public, Demands bitcoin as Ransom

In another attempt to leak confidential personal data, an anonymous developer has built a malicious copy of the famous breached passwords database “Have I been pwned.”

Fraudsters ‘Hijack’ Passwords

Similar to “Have I Been Pwned,” the malware initially lets one check if his/her associated email address has been breached previously. However, it also shows leaked passwords of the breached accounts, before asking the legitimate owner to make a one-time donation of $10 in bitcoin to hide the passwords.

As mentioned in the instructions on the website, the leaked passwords will only be removed once the owner has made the payment and successfully shows proof of the same. It has been confirmed that this website does indeed contain a database with legitimate passwords.

1.4 Billion Accounts Reportedly Compromised

Although it is still unclear as to the quantity of compromised data the website has, estimates suggest around 1.4 billion accounts and associated passwords have been breached. Journalist Daniël Verlaan said the site uses the same database as the popular breach lookup service Gotcha.

As advice, BTCManager suggests all account holders update their passwords before the malicious website gets a hold of the existing information and compromises the security of users accounts.

“Smart” Scammer Dupes Investors Of ETH

On April 12, 2018, a Twitter user posted the details of a new scam that made its way to Telegram groups. The tweet went viral, as the alleged scammer made use of a smart contract to extort money, in a first-of-its-kind incident.

Best scam I've ever seen:

1. Guy posts his MEW private key in a chat.
2. $5k worth of Minerium in it, no ETH for gas.
3. Half the people in the chat send gas to take it.
4. Smart contract. Auto-sends the $ETH to another address; keeps MNE in the account.

Fucking brilliant.

— The Shitcoin Sherpa (@ShitcoinSherpa) April 12, 2018

According to the tweet, the fraudster enticed victims with his MEW wallet private key, claiming that he had no ether (ETH) to access his Minerium (MNE) funds, worth $5,000.

In a bid to steal the MNE, greedy Telegram users, presumably scammers themselves, quickly sent ETH to the private wallet which then diverted the received coins to another account, courtesy of an inbuilt smart contract.

Even honey pot is somewhat derogatory to the genius who figured this one out, I feel like as long as he didn’t say it as if you could have the contents of the wallet, it’s essentially the same as leaving the keys in a car so a thief assumes they can drive it away.

— The Juice (@CryptOJSimpson) April 12, 2018

Twitter users expressed surprise over the scammer’s methods, with some terming the use of a smart contract as “brilliant.”

The post Website Threatens To Make Email Password Public, Demands Bitcoin as Ransom appeared first on BTCMANAGER.

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Bitcoin Cash Network Shrugs off Mempool Backlog With Relative Ease

Network congestion is a problem most users would associate with bitcoin or Ethereum. Both of these networks have seen their fair share of issues in this regard. bitcoin Cash saw its transaction backlog grow quite spectacularly this morning. For several hours, someone – or a group of people – were flooding the network with very low-fee transactions. As a result, there was a minor delay in transactions, although things were well within the acceptable limits.  Why any of this is happening right now, has yet to be determined.

bitcoin Cash has not been subject to major spam attacks as of yet. bitcoin, on the other hand, seems to get clogged up with transactions every other week. Keeping this in mind, it’s not surprising to see so many people flock to BCH in recent weeks. This has caught the attention of whoever is responsible for the current “spam” on the BCH blockchain. More specifically, there have been a ton of new transactions to fill up the blocks rather quickly. A rather worrisome development, although things were handled relatively well.

bitcoin Cash Handles the Business

The big question is why anyone would flood the BCH network with low-fee transactions. At a price of 1 Satoshi per byte, inflating overall fees would be rather difficult. After all, users can easily pay double that and not have their transactions delayed. Even with the higher fee, Bitcoin Cash remains a lot cheaper than BTC right now. With this cost in mind, it would cost approximately $16,000 to flood the network for an entire day. That doesn’t seem like much money, thus it is possible this is a well-orchestrated attack. For now, there is no solid evidence to back up such claims.

Unlike what one would expect, this issue has not caused many problems. The bitcoin Cash mempool has been cleared relatively quickly and things are returning to normal. If this was an attack, it was a very weak attempt at causing permanent damage. If such an issue were to affect bitcoin, the fees would skyrocket and transactions backlogged for 24 hours or more. Having a larger block size can be rather beneficial in this regard. It also shows how BCH is better at scaling compared to bitcoin, at least for now.

Whether or not this is a prelude to more attacks, remains to be seen. No one will be surprised to see issues like these arise again in the future. The “fight” between BTC and BCH supporters is far from over Although it’s not exactly a turf war, hostilities are not entirely uncommon either. Attacking a network with low-fee transactions is despicable We don’t know if that is what has happened to bitcoin Cash, though. In the end, the issues seem largely resolved, which is a positive sign.

Header image courtesy of Shutterstock

The post Bitcoin Cash Network Shrugs off Mempool Backlog With Relative Ease appeared first on NewsBTC.