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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 …
Unpatched network-attached storage (NAS) devices are targeted in ongoing attacks where the attackers try to take them over and install cryptominer malware to mine for cryptocurrency. The threat actors exploit two pre-auth remote command execution (RCE) vulnerabilities in the Helpdesk Read More …
The US Justice Department says it’s seized $1bn in bitcoin allegedly stolen by a hacker from Silk Road creator Ross Ulbricht before his arrest for running the dark-web market. Announcing the bitcoin seizure from the unnamed hacker, the Department of Read More …
