Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data

Share This Post

An anonymous hacker has offered to sell the stolen personal data of over 1 billion Chinese citizens for 10 Bitcoin (BTC), roughly $200,000.

The data includes the names, birthplaces, addresses, phone numbers, national ID, criminal information, and other information of private citizens in the country.

The hacker reportedly gained access to the Chinese Shanghai police database stealing over 26 terabytes of personal data.

Many initially questioned the credibility of the hacker’s claim given the size and impact of such data. But the hacker revealed some parts of the data to show the extent of the damage.

Binance CEO Changpeng Zhao acknowledged the claim. Earlier today, he tweeted that his company’s threat intelligence detected someone offering to sell the data of a billion residents from an Asian country.

According to CZ, the breach was likely “due to a bug in an ElasticSearch deployment by a gov agency.” However, he has confirmed that the exploit was because “the gov developer wrote a tech blog on CSDN and accidentally included the credentials.”

Zhao said that Binance has improved its security measures to verify affected users. He also called on other platforms to do the same.

Authorities in China are yet to confirm or deny the breach.

The post Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Goatseus Maximus (GOAT) Enters Crypto’s Top-100: Time To Buy Or Sell?

Goatseus Maximus (GOAT) has surged into the top 100 cryptocurrencies by market capitalization, currently holding the #81 position The memecoin has experienced a remarkable 27% increase in the last 24

US prosecutors recommend leniency for former FTX executive Nishad Singh following ‘substantial assistance’

US prosecutors have requested that the court favorably consider former FTX executive Nishad Singh’s “substantial assistance” during their investigation into the failed crypto

Pennsylvania House Passes ‘Bitcoin Rights’ Bill With Bipartisan Support

The Pennsylvania House of Representatives has made a significant move in the cryptocurrency regulation landscape in the US by passing the ‘Bitcoin Rights’ bill with “overwhelming”

The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic

Tether proposes boron-backed tokens to revolutionize Turkey’s commodity market

Stablecoin issuer Tether has proposed a new initiative to Turkey: digital tokens backed by boron, a mineral in which the country holds over 70% of the global reserves, Bloomberg News reported on Oct

Former US Federal Agent Freed From Nigerian Prison After 8 Months

Tigran Gambaryan, a US citizen and former federal agent detained in Nigeria for eight months, has been released The charges against him, brought by the Economic and Financial Crimes Commission, were