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Binance and Ukraine Capture Cyber Criminals Laundering $42M
18.8.2020
The world’s largest exchange keeps deepening its cooperation with law enforcement
Big Travel Firm CWT Pays $4.5 Million Bitcoin Ransom to Hackers
2.8.2020
CWT, one of the biggest travel companies in the U.S., this week paid $4.5 million in bitcoin to hackers who infiltrated the firm’s computer system, stealing sensitive corporate data. It is unclear whether customer information was also compromised. Reuters reported that the bitcoin wallet...
Blockchain Is Part of Australia’s Cyber Security Solution, Say Experts
31.7.2020
Australian experts suggest blockchain is an integral part to protecting Australia’s business and government from cyber attacks
Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers
13.7.2020
Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...
Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report
13.7.2020
Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive...
The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies
4.7.2020
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks...
Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty
30.6.2020
Sergey Medvedev pleaded guilty to racketeering charges as part of a $568 million payment card fraud forum, which used Liberty Reserve and bitcoin to launder funds
Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers
13.6.2020
Hackers are holding an unnamed crypto exchange to ransom after an alleged cyber-attack forced the Ethereum blockchain to facilitate two separate transactions at a cost of $5.2 million in fees, new information suggests. The hackers may have gained access to the exchange’s funds but failed...
Bitfinex Hackers Move Another $4.1 Million Bitcoin in Their Biggest Pay Day Yet
12.6.2020
Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address. Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million...
How to Protect Your Crypto From Cyber Attacks During COVID-19
9.5.2020
At-home working opens up security issues for crypto. Oxford University researcher (and Consensus speaker) David Shrier outlines ways to mitigate the risk
COVID-19: Joseph Steinberg Raises Alert Over Ongoing Cyber Crime
16.3.2020
The Covid-19 outbreak has lead to a lot of haywire in the world, and sadly, cybercriminals are taking full advantage of it. They are, in fact, leaving no stone unturned to attempt fraud during the ongoing pandemic. The cybercriminals are increasingly targeting healthcare institutions...
US Charges North Korea-Linked Chinese Nationals for Laundering Over $100 Million in Stolen Cryptocurrency
3.3.2020
The U.S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.S.-designated North Korean state-sponsored Lazarus Group. A total of 113 cryptocurrency accounts...
BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal
26.1.2020
Since Btc.top founder Jiang Zhuoer revealed an infrastructure funding proposal from five major mining pools last week, which would fund BCH devs via redirection of 12.5% of BCH coinbase rewards, the Bitcoin Cash community has been understandably bustling with debate, discussion, and suggestions....
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...
US SEC Hires In-House Attorney As New Chief Of Cyber Unit
2.12.2019
U.S. SEC hires in-house attorney as Chief of the Division of Enforcement’s Cyber Unit
Cyber Criminals Are Using YouTube To Install Cryptojacking Malware
27.11.2019
Software security firm Eset uncovered that cyber criminals are using YouTube to distribute cryptojacking modules
Finland Prepares For Bitcoin Ransomware Attack With Cyber Fire Drill
22.11.2019
Finland is coordinating a simulated Bitcoin ransomware attack on more than 200 Finnish cities and organizations
Europol: Crypto-Ransomware Remains Most Prominent Cyber Attack
14.10.2019
Crypto-ransomware remains a top threat according to a recent report by Europol
Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable
10.10.2019
It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for...