Tag: Crypto-Currency
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Crypto Exchange Founder Pleads Guilty for Dark Web Transfer
Bitzlato Ltd., a cryptocurrency exchange, was founded and is primarily owned by an individual who facilitated transactions between buyers …
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A massive increase in eCrime behavior can easily disrupt business operations
During 2019, financially motivated cybercrime activity occurred on a nearly continuous basis, according to a CrowdStrike report. There was …
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2019 experienced massive spate of crypto crimes, $4.4 billion to date
After two years of large, high-profile exchange hacks and exit scams, there has been a significant reduction in crypto crimes. Still, even …
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Thefts from cryptocurrency exchanges continue despite increased security
Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and …
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Two Miners Purportedly Execute 51% Attack on Bitcoin Cash(BCH) Blockchain
A recent 51% attack which took place in the Bitcoin Cash network, the price of Bitcoin Cash has appreciated against both USD and BTC and …
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Crypto Currency Laundering Service, BestMixer.io, Taken Down by Law Enforcement
A much overlooked but essential part in financially motivated (cyber)crime is making sure that the origins of criminal funds are obfuscated …
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Ransomware and malware attacks decline, attackers adopting covert tactics
There has been a major decline in ransomware and malware attacks, with Ireland having some of the lowest rates globally, according to the …
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A wave of regulation is coming to the cryptocurrency economy
There is a concerning trend of cross-border crypto payments leaving U.S. exchanges and entering offshore and untraceable wallets, a …
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Research on private key generation reveals theft of ETH funds from accounts with discoverable keys
In their new study titled Ethercombing, ISE found that poorly implemented private key generation is also facilitating the theft of …
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The correlation between DDoS attacks and cryptomining
There is a direct correlation between cryptocurrency and DDoS attacks. As the price of cryptocurrency dropped in 2018, leading to decreased …
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What is shadow mining and why is it a security threat?
The majority of organizations are overlooking the threat of shadow mining, with 65 percent of organizations unfamiliar with the term and …
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