An In-Depth Look at Crypto-Crime in 2023 Part 1

Cryptocrime refers to any criminal activity involving the use of cryptocurrency. This can include theft, fraud, money laundering, and other illicit activities. Cryptocurrencies, such as Bitcoin and Ethereum, operate on decentralized networks and are not issued or controlled by any Read More …

Fictitious Law Firms Targeting Cryptocurrency Scam Victims Offering to Recover Funds

The Federal Bureau of Investigation (FBI) is issuing this announcement to inform the public of an emerging criminal tactic used to further defraud cryptocurrency scam victims. This PSA is an update to Alert Number I-081123-PSA, published on 08/11/2023, titled, “Increase Read More …

CoinGecko confirms email provider data breach, over 23,000 phishing emails sent

Cryptocurrency data aggregator CoinGecko has confirmed a data breach suffered by its third-party email management platform GetResponse. Following yesterday’s reports of a new wave of crypto airdrop scams, CoinGecko confirmed that GetResponse suffered a data breach on June 5, allowing Read More …

Trust Wallet Issues Warning to Apple Users About Zero-Day Exploit in iMessage

Trust Wallet, a popular web3 wallet, has issued a warning to Apple users, urging them to disable iMessage due to “credible intel” regarding a zero-day exploit. The company shared the alert on X, stating that the exploit, which is being Read More …

Ethereum’s Create2: A Double-Edged Sword In Blockchain Security

Ethereum’s CREATE2 function is being exploited by attackers to compromise the security of digital wallets, bypassing traditional security measures and facilitating unauthorized access to funds. The attack method involves tricking users into approving transactions for smart contracts that haven’t been Read More …

FBI Report Reveals Americans Lost Staggering $3.94 Billion to Crypto Investment Scams in 2023

The surge in cryptocurrency scams in 2023, as reported by the FBI, underscores the growing prevalence of digital currency in online crime. With losses reaching $3.94 billion, a 53% increase from the previous year, these scams represent a significant portion Read More …

FCC and crypto firms are being hit in advanced phishing attacks using fake Okta logins

Security researchers have observed a highly sophisticated phishing campaign targeting employees of the US Federal Communications Commission (FCC), as well as popular crypto exchanges Binance, Coinbase, Kraken, and Gemini. First, they would create landing pages for logging into places like Read More …

Malicious meeting invite fix targets Mac users

Cybercriminals are targeting Mac users interested in cryptocurrency opportunities with fake calendar invites. During the attacks the criminals will send a link supposedly to add a meeting to the target’s calendar. In reality the link runs a script to install Mac Read More …

Android/SpyNote Moves to Crypto Currencies

Like much Android malware today, this malware abuses the Accessibility API. This API is used to automatically perform UI actions. For example, the malicious sample uses the Accessibility API to record device unlocking gestures. Newer, this SpyNote sample uses the Read More …

Large-Scale Crypto Mining Consumes 2% of US Electricity

A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more than 2% of the country’s electricity. And as Ars Technica noted in a report on Friday (Feb. 2), that’s around the equivalent of adding Read More …