August 1, 2024 at 11:30AM The FBI cautions about scammers impersonating cryptocurrency exchange staff to defraud people. Precaution is advised to safeguard funds. Based on the meeting notes, the FBI has issued a warning about scammers who are pretending to be employees of cryptocurrency exchanges in order to fraudulently take funds from unsuspecting victims. It’s … Read more
July 23, 2024 at 04:11PM The DeFi crypto exchange dYdX disclosed on Tuesday that its older v3 trading platform website has been compromised. Based on the meeting notes, it appears that the DeFi crypto exchange dYdX reported a security breach on its older v3 trading platform. This could be a critical issue that needs to … Read more
July 19, 2024 at 12:39AM Indian cryptocurrency exchange WazirX reported a security breach resulting in over $230 million worth of cryptocurrency stolen from a multi-signature wallet. The breach involved a mismatch in information and the transfer of wallet control to an attacker. The incident is linked to North Korean threat actors, known for targeting cryptocurrency … Read more
July 17, 2024 at 01:25PM Australian Craig Wright falsely claimed to be the creator of Bitcoin and demanded rights to the cryptocurrency’s whitepaper. However, the High Court of England and Wales found that he repeatedly lied and forged evidence. The judge ruled against him, ordering Wright to publicly acknowledge his deceit and potentially face prosecution … Read more
July 15, 2024 at 07:09AM A threat actor, known as CRYSTALRAY, has expanded its operations and infected over 1,500 victims using open-source security tools. Their primary objectives include harvesting and selling credentials, deploying cryptocurrency miners, and maintaining persistence in victim environments. Various methods, including tool abuse and credential discovery, are employed, posing serious security risks. … Read more
July 8, 2024 at 03:22PM Cybersecurity is a growing concern in today’s digital age, especially with the rise of cryptocurrencies leading to an increase in crypto-crimes. Chainalysis’s 2024 report outlines the impact of crypto-crimes in 2023, including the drop in illicit transactions but a rise in ransomware and darknet market activities. Sanctions-related transactions were prominent, … Read more
June 27, 2024 at 10:39AM P2PInfect, a peer-to-peer botnet, has shifted from being dormant to a financially motivated operation, targeting misconfigured Redis servers with ransomware and cryptocurrency miners. It spreads by transforming victim systems into follower nodes and has been updated to target MIPS and ARM architectures. The malware uses a mesh network to push … Read more
June 25, 2024 at 08:48AM CoinStats, a cryptocurrency portfolio manager, was back online after hackers drained over $2 million from 1,590 hosted wallets. The platform assured that only 1.3% of CoinStats Wallets were affected. CoinStats requires read-only access to connected wallets, mitigating the risk to users’ funds. The CEO revealed the attack was likely orchestrated … Read more
June 19, 2024 at 07:00AM A threat actor known as markopolo has been identified as behind a large-scale cross-platform scam targeting digital currency users using social media. The attack involves using a virtual meeting software, Vortax, to deliver malware. The article also highlights cybercriminals’ exploitation of cloud storage services to direct users to phishing landing … Read more
June 17, 2024 at 04:01PM Two men, Thomas Pavey and Raheim Hamilton, have been charged in a Chicago federal court for operating “Empire Market,” a dark web marketplace that facilitated over $430 million in illegal transactions, including the sale of drugs, counterfeit money, and stolen items. If convicted on all counts, they could face life … Read more