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.

Analysis
A handful of obfuscation protocols are competing for the user base of OFAC-sanctioned Tornado Cash.
Into the storm: The murky world of cryptocurrency mixers
Gareth Jenkinson
2022-12-07T15:04:00+00:00
5776
News
Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutio...
Illicit cross-chain transfers expected to grow to $10B: Here’s how to prevent them
Gareth Jenkinson
2022-11-30T14:00:00+00:00
2447
News
The cybersecurity firm predicted that crypto-related cybercrime won’t slow down in 2023, but it will move on from Bitcoin as a source of payment.
Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky
Martin Young
2022-11-23T05:58:00+00:00
7584
Interview
Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime.
27,000 requests last year: Collaboration key for Binance’s Investigations team
Gareth Jenkinson
2022-11-16T15:03:00+00:00
3109
News
The Deribit hot wallet hacker has transferred 1,610 ETH (over $2.5 million) to Tornado Cash, according to data from the Ethereum block explorer Etherscan.
Deribit hackers move stolen Ether to Tornado Cash crypto mixer
Helen Partz
2022-11-07T10:31:44+00:00
4934
News
Cash and hawala remain the “predominant methods of terror financing,” according to a UN official. However, “advanced” terror organizations are turning to crypto...
Terrorists still predominantly use cash over crypto: UN officials
Brayden Lindrea
2022-10-31T06:00:50+00:00
3515
Interview
Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.
Criminal use of crypto an ‘emerging threat’ — Australian police
Ciaran Lyons
2022-10-25T00:00:00+01:00
2434
News
Former FBI special agent BJ Kang has been onboarded with Binance.US to steer a new investigative unit aimed at finding and stopping illegal activity.
Binance​.US taps ‘most feared man on Wall Street’ for new investigations unit
Jesse Coghlan
2022-10-21T06:44:24+01:00
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