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US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation
Darkweb

US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation

In a tactical report, the US Army unveiled that North Korea possessed government-based divisions assigned to cryptocurrency and crypto cybercrimes.

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia
Darkweb

Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia

With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.

TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft
Darkweb

TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft

According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.

Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC
Darkweb

Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC

Recently, a Bitcoin sex scam that has been running since 2015 accumulated fraudulent funds of approximately $115,000 before being detected.

Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase
Darkweb

Columbia Man Pleads Guilty to Bitcoin Dark Web Chemical Weapon Purchase

A 45-year-old man from Columbia, Missouri pled guilty yesterday in a US federal court to one count of aggravated identity theft and one count of attempting to acquire a chemical weapon—via the dark web using Bitcoin.

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
Darkweb

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.

One Million Bitcoin Held By Dark Web Marketplaces and Cybercriminals, Chainalysis Data
Darkweb

One Million Bitcoin Held By Dark Web Marketplaces and Cybercriminals, Chainalysis Data

Data from Chainalysis reveals that almost one million Bitcoin is circulating on the dark web between bad actors and illicit darknet markets.

Dark Web Sucks in Bitcoin Payments From Viewers Paying to See Livestream Murder
Darkweb

Dark Web Sucks in Bitcoin Payments From Viewers Paying to See Livestream Murder

Two 17-year-old Italians have been detained under the Delirium operation for instigating child pornography and live torture viewings on the dark web. The two Italians paid Bitcoin (BTC) to a dark site address in order to unlock explicit footage of children being sexually abused.

India Darknet Policing Ramps Up Following Drug Racket Arrests
Darkweb

India Darknet Policing Ramps Up Following Drug Racket Arrests

Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.

Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions
Darkweb

Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions

The general regulatory difficulty experienced by Bitcoin and altcoins lie in the skepticism of regulatory agencies due to their cryptographic nature. Transactions are generally obscured as privacy is the watchword. This creates a source of concern as the likelihood of the currencies being used in dark web transactions is high. Monitoring agencies have been able to fight this partly by ensuring companies or firms that will be involved with digital currencies adhere to some compliance clause.

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies
Darkweb

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Independent research commissioned by the Electric Coin Company (ECC), the parent firm of privacy-focused cryptocurrency Zcash, concluded cybercriminals are much likely to use Bitcoin over other digital assets.