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Ukrainian Cybercriminal “Rabotnik” Sentenced to 13 Years for Orchestrating $700M Worth of Ransomware Attacks
2.5.2024
Yaroslav Vasinskyi, a Ukrainian national known as "Rabotnik," has been handed a prison sentence of 13 years and seven months for his role in ransomware attacks.
The post Ukrainian Cybercriminal “Rabotnik” Sentenced to 13 Years for Orchestrating $700M Worth of Ransomware Attacks appeared...
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
Token airdrops targeted by farm accounts and ‘Sybil attacks’
23.4.2024
Airdrop squatters are creating fake accounts on platforms for the sole purpose of farming airdrop tokens, thus taking away share from loyal users
Bitcoin Vulnerable to 15% Drop from War or Terror Events: SkyBridge Capital’s Anthony Scaramucci
19.4.2024
SkyBridge Capital founder Anthony Scaramucci said that war or terrorist attacks could potentially lead to a 10% to 15% decline in Bitcoin’s value over the next year.
The post Bitcoin Vulnerable to 15% Drop from War or Terror Events: SkyBridge Capital’s Anthony Scaramucci appeared first...
South Korean Inmate on Funeral Leave Robs Crypto Buyer of $363,000
18.4.2024
Local sources have reported that a South Korean inmate, temporarily released to attend a funeral, exploited a cryptocurrency over-the-counter (OTC) deal to rob another individual. He enticed the buyer by offering to sell the digital assets at a rate below the prevailing market value and stole...
CertiK Discovers Telegram RCE Vulnerability Allowing Attacks on Users
9.4.2024
On April 9, the blockchain security platform CertiK discovered a Telegram vulnerability that enables hackers to use "primarily designed multimedia content, such as images or videos" to launch a remote code execution (RCE) threat.
The post CertiK Discovers Telegram RCE Vulnerability Allowing Attacks...
South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report
5.4.2024
South Korean crypto voice phishing attackers are developing more sophisticated ways to dupe victims out of cash and tokens, a report claimed on April 4.
The post South Korean Crypto Voice Phishing Attacks Becoming More Sophisticated – Report appeared first on Cryptonews
Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?
1.4.2024
Crypto theft plummeted by 48% in March, with malicious actors stealing $79M from DeFi projects, down from $160M in February. Flash loan attacks, phishing scams, and targeted exploits contributed to the losses.
The post Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?...
South Korean Civil Servant Charged with Crypto Fraud
28.3.2024
A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks.
The post South Korean Civil Servant Charged with Crypto Fraud appeared first on Cryptonews
FF7 Rebirth: How To Learn Enemy Attacks With Enemy Skill Materia
27.3.2024
Final Fantasy VII Rebirth pits you against countless enemies, many of which have abilities your characters can deploy against them and other enemies via the Enemy Skill materia. Found in the original 1997 FF7 release, Enemy Skill works a little differently in 2024. You’ll need to complete a series...
Lighthouse Protocol Aims to End Wallet Draining Attacks on Solana
27.2.2024
Lighthouse Protocol, an initiative that simulates transactions, aims to end the security problems derived from using unknown smart contracts in Solana. The project, which is currently in its testing stages and is projected to be included in more wallets this year, would avoid the execution of...
Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3
17.2.2024
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check...
51% Attacks on Bitcoin and Ethereum Networks Are Not Possible Due to Impractical Costs: Coin Metrics
16.2.2024
It is no longer viable for nation-states to destroy the Bitcoin (BTC) and Ethereum (ETH) networks through 51% attacks. According to the latest research from crypto intelligence firm Coin Metrics, the astronomical costs required to carry out such attacks make them impractical and unprofitable. A...
Paradigm’s Samczsun Launches Security Alliance for Crypto Cybercrime Victims
15.2.2024
A popular cybersecurity expert known by the pseudonym Samczsun has created a non-profit entity called Security Alliance (SEAL) for white-hat hackers in the crypto world. Security Alliance is a group of white-hat hackers with the aim of protecting crypto projects from the growing risks of cyber...
SEC Chair Gensler Warns of Bitcoin’s Role in Ransomware, Advocates for Centralized Money
14.2.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler spoke about Bitcoin, stating that it is the leading market share for ransomware attacks. Despite the agency’s approval of 11 Spot Bitcoin ETFs earlier this year, Gensler has continued to express his disapproval of...
U.S. Treasury Department Highlights Increasing Use of Crypto by Criminals in 2024
7.2.2024
The U.S. Department of the Treasury has released its 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing, outlining the most significant threats facing the United States in illicit finance. The reports detail updates to the anti-money laundering...
Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis
7.2.2024
Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...
North Korea Hackers’ Illicit Gains Dwindled in 2023 Despite More Attacks – Chainalysis
24.1.2024
Source: AdobeStock Blockchain analytics and security firm Chainalysis has reported a decrease in cryptocurrency theft in 2023. Sharing its insights in a blog post, the firm disclosed that the crypto market witnessed a collective loss of $1.7 billion. This marks a significant 54.3% reduction from...
MailerLite Confirms Breach: $3.3M Lost in Crypto Phishing Attacks
24.1.2024
MailerLite has confirmed reports of the hackers gaining access to customers’ accounts that led to a calculated crypto phishing exploit targeted at popular web3 firms. On Jan 23, the email marketing company released a detailed explanation of the events leading up to the hack and subsequent...
Trezor Issues Security Alert Following Phishing Attack and Data Breach
22.1.2024
In a recent security alert, Trezor announced a breach in its support ticketing system, potentially exposing the personal contact information of over 66,000 customers and raising the alarm for possible phishing attacks. Trezor Alerts Users to Phishing Risk After Security Breach Satoshilabs,...