The flip side of the coin: Why crypto is catnip for criminals

Cybercriminals continue to mine for opportunities in the crypto space – here’s what you should know about coin-mining hacks and crypto theft. Wherever you look these days, cryptocurrencies are in the news. And it’s not just because of the recent slump in their prices. Everybody seems to have grabbed a slice of the crypto pie … More The flip side of the coin: Why crypto is catnip for criminals

Cryptocurrency scams: What to know and how to protect yourself

As you attempt to strike it rich in the digital gold rush, make sure you know how to recognize various schemes that want to part you from your digital coins. The world seems to have gone ‘crypto-mad’. Digital currencies like bitcoin, Monero, Ethereum and Dogecoin are all over the internet. Their soaring value promises big … More Cryptocurrency scams: What to know and how to protect yourself

$5.2 billion worth of Bitcoin transactions possibly tied to ransomware

Threat actors are increasingly using advanced tactics to obfuscate and launder their illicit gains, a report by the US Government finds. As much as US$5.2 billion worth of outgoing Bitcoin transactions may be tied to ransomware payouts involving the top 10 most common ransomware variants alone, according to a report by the Financial Crimes Enforcement Network (FinCEN) … More $5.2 billion worth of Bitcoin transactions possibly tied to ransomware

Hackers swipe almost $100 million from major cryptocurrency exchange

Japanese cryptocurrency exchange Liquid suspends cryptocurrency deposits and withdrawals and moves its assets into cold storage. Japanese cryptocurrency exchange platform Liquid has fallen victim to enterprising hackers who compromised its warm wallets and made off with more than US$97 million in various cryptocurrency assets. “At roughly 7:50 AM SGT on August 19th, Liquid’s Operations and … More Hackers swipe almost $100 million from major cryptocurrency exchange