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Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
europol

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.

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

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.

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

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.

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation
europol

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation

A joint strike action between Europol and other international crime enforcement agencies has led to the arrest of two ransomware gang members.

The French Army Validates its Judicial Expenses via Tezos Blockchain
europol

The French Army Validates its Judicial Expenses via Tezos Blockchain

The French Army has revealed that it has been using the Tezos Blockchain to authenticate its judicial expenses through a smart contract. This development makes Tezos the first blockchain to be used for operative intentions by a public entity.

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade
europol

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.

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

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.

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