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
Coinbase CSO says ‘good ol’ fashioned police work’ landed the FBI the private keys.
Coinbase says it was not involved in the DOJ’s Bitcoin ransom seizure
Martin Young
2021-06-09T04:25:42+01:00
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News
Government officials did not specify the exact method used to seize the funds from the ransomware group.
US officials recover $2.3M in crypto from Colonial Pipeline ransom
Turner Wright
2021-06-07T21:56:53+01:00
28949
News
The U.S. president has rarely made public statements on crypto and blockchain, though officials in his administration are reportedly reviewing current regulatio...
Biden to discuss crypto’s role in ransomware attacks at G-7, says national security adviser
Turner Wright
2021-06-07T20:02:48+01:00
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Opinion
Hackers will keep hacking as long as organizations are vulnerable — crypto is not an exception.
Don’t blame crypto for ransomware
Michael Perklin
2021-05-30T11:55:00+01:00
20068
News
The SEC has taken action against a Californian man for fraudulently offering insider stock trading tips on a darknet marketplace.
SEC issues first ever charges over phoney ‘insider information’ on darknet
Samuel Haig
2021-03-19T01:01:58+00:00
10294
News
U.S. Congress subcommittee says that bank reporting methods led to Capitol attack arrests but worries that Bitcoin might have helped fund the insurrection.
Congress worries crypto used to fund domestic terrorism, Capitol insurrection
Joshua Mapperson
2021-02-24T02:24:39+00:00
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News
The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams.
Crypto criminals got away with $5B less in 2020 as scam revenue falls
Cyrus McNally
2021-02-17T02:57:46+00:00
6761
News
The private sector invests enormous resources to help the government combat crypto crimes, U.S. Treasury Secretary Janet Yellen said.
US Treasury Secretary Yellen says crypto misuse is a growing problem
Helen Partz
2021-02-11T08:51:59+00:00
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