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The web is several decades old. But it largely still relies on the same method of monetization as it always has: advertising. However, things are changing thanks to the power of cryptocurrency and blockchain. It’s what Trend Micro has coined Read More …
The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the U.S. Treasury Department (Treasury) are issuing this joint Cybersecurity Advisory (CSA) to highlight the cyber threat associated with cryptocurrency thefts and tactics used by a Read More …
US and German federal agencies came down hard on Hydra, the longest-running known dark-web marketplace trafficking in illegal drugs and money-laundering services, with a multi-pronged attack that aimed to cut off multiple heads of the nefarious online beast. First, German Read More …
In a shock to absolutely no one paying attention to the so-called Web3 space, the touted security of blockchain-driven solutions might not be all it is cracked up to be. The latest victim comes by way of Ronin, which detailed Read More …
The FBI is forming a new team dedicated to cryptocurrency, according to the Department of Justice (DOJ). The new team will work closely with the National Cryptocurrency Enforcement Team, the DOJ announced Thursday. Prosecutor Eun Young Choi, who has a Read More …
North Korea continued to develop its nuclear and ballistic missile programs during the past year and cyberattacks on cryptocurrency exchanges were an important revenue source for Pyongyang, according to an excerpt of a confidential United Nations report seen on Saturday Read More …
A man found guilty of using the Coinhive cryptojacking script to mine Monero on users’ PCs while they browsed the web has been cleared by Japan’s Supreme Court on the grounds that crypto mining software is not malware. Tokyo High Read More …
Cryptocurrency-based scammers and cyber criminals netted a whopping $7.7 billion worth of cryptocurrency from victims in 2021, marking an 81% rise in losses compared to 2020, according to blockchain analysis firm, Chainalysis. Some $1.1 billion of the $7.7 billion in Read More …
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 …
