Fake investment ads persist on Meta’s social networks

According to Computer Weekly, online adverts for investment scams relating to property and crypto assets are still getting past measures designed to stop them. Despite measures being put in place to block them, misleading and fraudulent investment adverts continue to be shown to UK consumers on Meta’s Facebook and Instagram platforms, according to consumer advocacy … More Fake investment ads persist on Meta’s social networks

Crypto mixers: What are they and how are they used?

How crypto mixers, also known as crypto tumblers, are used to obscure the trail of digital money. Coined during Al Capone’s times, the term ”money laundering” has since entered the general lexicon as criminals have been busy obscuring the source of their ill-gotten assets and making it appear as if the funds have come from … More Crypto mixers: What are they and how are they used?

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