In an email screenshot shared by ZachXBT, an IRS criminal investigations agent asked if he could help him make the “biggest impact” in tackling blockchain crime.
Cybercrime News
Cybercrime is a crime made on/against computers and/or a network. Computers and networks may be both a tool or a target of an attacker. Cryptocurrency cybercrimes and Bitcoin-oriented cybercrimes are now an inseparable part of the industry. Cryptocurrency allows cybercrimes like hacking, phishing and various scamming schemes. There were a lot of notable cryptocurrency thefts with the latest cybercrime cases being the Coincheck hack (with $400 million worth of NEM tokens stolen in 2018) and NiceHash (with $60 million stolen). Cybercrimes also may be performed within the blockchain, like the infamous DAO event, where $50 million worth of Ethereum was taken by the hacker and led to the hard fork of the whole platform. Different types of wallet services for altcoins are one of the main targets of cybercrimes, as a flaw in the system gives hacker access to multiple accounts.
- 11359
NIST allocated nearly $3.6 million in cooperative agreements to enhance the cybersecurity workforce aiming to combat the growing threat of cyberattacks.
12282Elon Musk rolled out the paid verification model on X, earlier known as “Twitter Blue,” to fight the scammers and spammers thriving on the platform before his takeover.
15157The U.S. Attorney’s Office says this is one of the first times the U.S. has recovered USDT from an unhosted digital currency wallet.
5824The Chainalysis 2024 Crypto Crime Report highlights a $1.7 billion revenue surge in darknet markets and a rise in crypto-linked sanctions and new scam trends.
1951Zhang Xiaojin, the director of the Fourth Procuratorate of the SPP, also reportedly warned citizens and digital asset participants about investment scams in the local crypto economy.
4774Those in search of love online are increasingly falling prey to romance scams, with $1.3 billion stolen in 2022 alone.
4808The FIU has been actively encouraging crypto exchanges to report any transactions that raise suspicions of money laundering and illegal “foreign exchange outflow.”
1848Cointelegraph Research analyzes the various sectors shaping the post-ETF landscape and discusses the future in its new Investor Insights report.
5119Ransomware attacks resulted in over $1 billion in cryptocurrency payments in 2023 as criminals targeted high-profile institutions and infrastructure.
3507Fraudsters perpetrating “pig butchering” scams are turning to malicious decentralized finance applications to steal from unsuspecting victims.
9176Decentralized finance protocols should be seen as “critical infrastructure” to the United States’ national and economic security, according to Polygon’s legal team.
4434The threat pattern suggests that attackers mainly target large companies in Mexico with over $100 million in gross revenues.
1718Scammers often impersonate well-known people or entities in the cryptocurrency industry to fool unsuspecting investors.
1953The email service reveals that hackers gained control of select Web3 email accounts by targeting a customer service employee through a social engineering attack.
3261