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CipherTrace gives officials tips on how to uncover criminals' crypto caches
14.10.2020
CipherTrace has published comprehensive guidance intended to help law enforcement identify signs of crypto usage when conducting investigations
These are the end days for crypto criminals, and good riddance
9.10.2020
Nobody who believes in crypto wants it to be a sector beholden to criminality or poor commitment to security
Keiser Insists ‘Bitcoin Inversely Correlated To USD Not Stock Markets’ After Crypto Market Tumble
23.9.2020
Reports that global banking giants helped criminals launder money for close to two decades helped spark the crash of global stock markets on Monday, September 21. Also tumbling in tandem with stocks were cryptocurrencies thus leading to renewed concerns that digital assets are intertwined with...
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
11.9.2020
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected...
SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency
10.9.2020
A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds...
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
4.9.2020
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...
Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 Million
1.9.2020
Tesla’s Elon Musk has said the company recently foiled attempts to infect its computer network with malicious software, after an employee cooperated with the FBI in an investigation. The malicious software would create an opportunity for criminals to extort money from Tesla. Musk’s...
Binance and Ukraine Capture Cyber Criminals Laundering $42M
18.8.2020
The world’s largest exchange keeps deepening its cooperation with law enforcement
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...
Joe Biden’s Twitter Account Hacked By Criminals Asking for BTC Donations
15.7.2020
Joe Biden’s Twitter account has been hacked too
Police Thwart Dark Web Criminals Who Planned to Firebomb a Nebraskan Pharmacy
13.7.2020
William Burgamy and Hyrum Wilson pleaded guilty to conspiring to firebomb a pharmacy in Nebraska
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...
Bitcoin Stagnates, Criminals Targeted, $288K Prediction: Hodler’s Digest, June 29–July 5
5.7.2020
Bitcoin is struggling to punch through stubborn resistance at $9,300, and a Russian court has effectively ruled BTC theft is not a crime
Michigan State University Hit by Ransomware, Refuses to Pay Criminals
11.6.2020
MSU officials stated that the ransomware gang won’t receive any payments following the attack
US Marshals Service Seeks Firm to Custody and Sell Crypto Seized From Criminals
9.6.2020
The U.S. Marshals Service is on the hunt for a contractor to help it store and auction cryptocurrency it seizes in operations against criminals
Law Enforcement Is Starting to Make Criminals Doubt the Dark Web
8.6.2020
Trend Micro reveals dwindling confidence among darknet users in marketplaces due to security concerns
Crypto Criminals Have Already Stolen $1.4B in 2020, Says CipherTrace
2.6.2020
The figure puts 2020 on track to become the second-costliest year in the history of crypto
BlockFi’s Data Breach May Allow Criminals to Extort Rich Clients
19.5.2020
BlockFi disclosed a data breach that potentially leaked physical addresses and account activity of its customers, highlighting the risks of KYC finance platforms
Zcash Researchers Discover Criminals Are Laughably Unskilled at Using Crypto
8.5.2020
Rand Corporation unveiled a study that found a widespread lack of knowledge towards Zcash from dark web criminals
This is Why Criminals Prefer Less Anonymous Bitcoin to Privacy Coins
7.5.2020
Privacy coins have come under a lot of fire in recent times, and many leading anonymity tokens, such as zcash (ZEC), and monero (XMR) have come under fire from regulators, who claim they are the token of choice for terrorists, drug dealers, and money launderers.
Many of these tokens have been...