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Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams
cybercrime

Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams

Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’
cybercrime

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets as top threats.

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime
cybercrime

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

The Criminal Investigation Division(CID) of the IRS are actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage.

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

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.

FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large
cybercrime

FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large

The DoJ and the FBI seized two criminals connected to a cybercrime targeting over 100 companies in the US and abroad with ransomware, crypto jacking and more.

Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets
cybercrime

Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets

Insurance giant Lloyd’s has launched a new insurance product to protect digital asset holders against the rising threat of cybercrime in the crypto market.

$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing
cybercrime

$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing

The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing.

Silk Road Programmer Pleads Guilty for Covering Up His Darknet Involvement to FBI and IRS
cybercrime

Silk Road Programmer Pleads Guilty for Covering Up His Darknet Involvement to FBI and IRS

Silk Road computer programmer Michael R. Weigand pleaded guilty for providing false statements regarding his involvement with the darknet marketplace.

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker
cybercrime

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.

Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug
cybercrime

Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug

Crypto ATM manufacturer General Bytes has confirmed that its infrastructures have been hacked using a zero-day vulnerability in server ports to steal cryptocurrencies from customers.

Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks
cybercrime

Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks

Scammers have been taking advantage of COVID-19 and the worldwide economic crisis revolving around it to retrieve personal information and phish data from Microsoft users.

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach
cybercrime

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.

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