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More than $5 billion in bitcoin transactions has been tied to the top ten ransomware variants, according to a report released by the US Treasury on Friday. The department’s Financial Crimes Enforcement Network (FinCen) and Office of Foreign Assets Control Read More …
Bad actors were able to infiltrate the accounts of and steal cryptocurrency from around 6,000 Coinbase customers by exploiting a multi-factor authentication flaw, according to Bleeping Computer. The cryptocurrency exchange told the publication that its security team observed a large-scale Read More …
The Biden administration is expected to issue sanctions against crypto exchanges, wallets, and traders used by ransomware gangs to convert ransom payments into fiat money. With ransomware attacks against US interests and infrastructure escalating over the past two years, the Read More …
The saga of what has been dubbed the biggest hack in the world of decentralized finance appears to be over as Poly Network recovered more than $610 million in cryptocurrency assets it lost two weeks ago and the hacker received Read More …
The hacker behind one of the largest cryptocurrency heists to date has returned almost half of the $600m (£433m) stolen assets. On Tuesday, the firm affected, Poly Network wrote a letter on Twitter, asking the individual to get in touch Read More …
Poly Network, a Chinese software biz that processes cryptocurrency transactions across different blockchain platforms, urged hackers to return $600m worth of stolen digital cash in what it called the “biggest [attack] in DeFi history.” DeFi stands for decentralised finance. Protocols Read More …
United States law enforcement has clawed back approximately $2.3 million of the ransom allegedly paid to DarkSide by Colonial Pipeline last month, the Department of Justice (DOJ) and FBI announced in a joint press conference on Monday. “Today we turned Read More …
Cybercriminals in underground forums have been soliciting techniques for compromising cryptocurrency services. Capture the Flag competitions, conference calls for papers, and gamification in cybersecurity courses designed to equip learners with hands-on skills are all common in the white hat realm, Read More …
An investigation into the Hydra marketplace has revealed surging transaction volumes and a thriving — albeit illicit — cryptocurrency ecosystem. On Tuesday, Flashpoint and Chainalysis jointly released a report into Hydra, a marketplace in the dark web. At its inception Read More …
Security researchers piecing together evidence from multiple attacks on cryptocurrency exchanges, attributed to a threat actor they named CryptoCore have established a strong connection to the North Korean state-sponsored group Lazarus. The group is believed to have stolen hundreds of Read More …
