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.

News
“Cash is still king when it comes to illicit finance, and that is not likely to change,” says Chainalysis researcher Kim Grauer.
Crypto crime’s overall impact set to fall even further in 2022: Chainalysis
Keira Wright
2022-01-14T02:56:34+00:00
2217
News
The hot wallet compromise was followed by an unauthorized transfer of eight types of ERC-20 tokens including ETH, USDC, LINK and MKR.
LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
Arijit Sarkar
2022-01-09T05:39:57+00:00
16656
News
“We’re busy turning your cash into future money — to the moon, apes!" said the Late Show host.
Comedian Stephen Colbert spoofs 'Colbert Coin' in response to rise in crypto scams
Turner Wright
2022-01-06T18:45:00+00:00
3528
News
The country wishes to see all crypto activities take place on platforms regulated by SEBI.
India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
Zhiyuan Sun
2021-12-07T16:45:00+00:00
7957
Markets News
Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1.
Game over! ‘Squid Game’-inspired crypto scam collapses as price crashes from $2.8K to zero
Yashu Gola
2021-11-02T12:11:00+00:00
22551
Newsletter
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities....
Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
Samuel Haig
2021-11-01T04:43:44+00:00
21667
Expert Take
U.S. regulators are looking at crypto-related areas, touching on financial regulation, economic innovation and national security.
Crypto in the crosshairs: US regulators eye the cryptocurrency sector
Selva Ozelli
2021-10-24T19:21:00+01:00
10984
News
The new bill, if passed, will allow cyberwarfare operatives to take over control of critical infrastructure under attack.
Aussie cyber spies to control critical infrastructure during ransomware attacks
Inigo Vaca
2021-10-20T06:41:24+01:00
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