Crypto
Crypto “pig butchers” lose access to another almost $50M
While losses from pig butchering scams are estimated to be in the tens of billions of USD, a small yet growing share of these illicit funds is now being frozen by law enforcement.
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Google comes for crypto incumbents with its own Layer 1 blockchain
Tech giant Google is about to enter the blockchain industry with its own chain, competing with fintech companies developing their own projects.
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Blockchain devs complain about Google's "BigQuery scam" after paying $5K for a query
While blockchain developers face risks from hackers and exploiters targeting their platforms, being unaware of data query costs might surprise them with a bill worth thousands of USD for a single query.
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Crypto hackers keep trading with stolen funds
While the majority of crypto hackers and exploiters focus on covering their tracks, some continue trading in the market using stolen funds.
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At least $3M lost in crypto phishing attacks over the weekend
Blockchain analysts found at least three large-scale phishing cases over the past weekend, each costing three victims around $3 million worth of crypto assets. These incidents are yet another reminder of the importance of being careful when signing a transaction.
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Hackers exploit data breaches to steal $89M in bitcoin
The abundance of personal information available online makes criminals' work easier, as a recent major social engineering attack has shown. It left one victim without dozens of millions of USD worth of bitcoin (BTC).
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Public and private sectors grapple with crypto crime as more challenges await
Recently, at least three initiatives have emerged in an attempt to prevent and fight crypto-related crimes. However, a blockchain security expert warns of more challenges to come.
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Solana-Scan campaign aims at Russian crypto devs
A new infostealer campaign has been discovered that has a political flavor, with cybersecurity experts questioning whether it might be a state-sponsored actor.
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Fake "I’m not a robot" CAPTCHAs might cost you your bitcoin
Criminals have added another deceptive technique in an attempt to steal their victims’ crypto assets. This time, they're using fake CAPTCHAs.
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Crypto influencer defrauded cloud computing companies of millions
The latest sentencing of a crypto influencer in the US has shed more light on how he defrauded two "well-known" yet undisclosed cloud computing companies of more than $3.5 million in computing resources.
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US Fed says it will scrap crypto and fintech banking oversight program
The Federal Reserve announced on Friday it was scrapping a so-called "novel activities" supervision program it created to specifically police banks on their crypto and fintech activities.
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Monero security in question as Qubic claims 51% hashrate control
The crypto world is perplexed as to what is actually happening. A relatively unknown network claims to be able to take control of a top privacy coin without providing any proof, while industry observers remain skeptical. Nevertheless, the story has pointed to security issues in some crypto networks.
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Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded guilty on Tuesday to two US charges of conspiracy to defraud and wire fraud.
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Here's how the sophisticated ransomware group Embargo operates and extorts victims
Blockchain analysts have investigated how Embargo, a relatively new yet already successful ransomware group, operates. They suggest that it might be a rebranded or successor operation to the BlackCat group.
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Crypto-stealing GreedyBear just became even greedier
A crypto user-targeting attack group has been found to be using a new way to target victims, employing a new "redefined industrial-scale" strategy.
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Beware of crypto-stealing, AI-powered trading bot scams on YouTube
Crypto scammers are now using YouTube to distribute malicious code disguised as trading bots, highlighting the dangers of AI-generated content.
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Crypto industry to keep fighting after Tornado Cash dev verdict
The outcome of the Tornado Cash developer Roman Storm’s case has been met with mixed reactions. Despite finding him guilty on just one count out of three, the jury set a precedent that might put many developers at risk, forcing the crypto industry to keep fighting.
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UK police make extra £500,000 from seized bitcoin
In an unexpected turn of events, Lancashire Police just got a financial boost aimed at fighting crime, as the seized bitcoin (BTC) turned out to be a profitable "investment" for the police force.
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North Korean hackers suspected to target crypto owners via clouds
Another crypto-stealing technique attributed to North Korean hackers has been found. They’re now using social engineering to compromise cloud solutions and steal crypto assets.
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Uncovered historic BTC heist might be behind shutdown of bitcoin mining pool
Blockchain analysts claim they have uncovered "the largest ever" bitcoin heist. In 2020, billions of USD worth of bitcoin (BTC) were stolen from a now-closed mining pool. The victims, a Chinese mining pool, are still trying to recover the stolen funds.
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