AUSTRAC said that the digital assets use in criminal activities is increasing revealing that in 2020-21, 500 ransomware attacks were reported, marking a 15% increase from the previous fiscal year.
Researchers from ESET say hackers mimicked popular wallets such as Trust Wallet and Coinbase and embedded a code giving backdoor access to user funds.
The National Cryptocurrency Enforcement Team (NCET) was formed in late 2021 as a part of a multi-fronted commitment by the U.S. to curb digital asset crime.
Russian authorities have clamped down yet another batch of dark web sites, this time targeting online marketplaces for stolen credit card information.
The Russian intelligence service claims to have seized 20 luxury cars and digital assets from REvil, the gang behind JBS, Colonial Pipeline, and other hacks.
The Swadeshi Jagran Manch says Bitcoin must be banned or it could pose great danger to the financial market, but parliament is putting off regulations for now.
The U.S. government is doubling down on its anti-cybercrime efforts, this time meeting with NATO allies and 30 other nations to chart an actionable cause of action.
In what appears to be one of the largest digital currency heists in history, decentralized finance (DeFi) platform Poly Network lost an estimated US$600 million in digital tokens in a hack attack earlier this week.
Ransomware attacks involving cryptocurrency have raked in over $32 million this year (2021)–recently launched Ransomwhere tracks this data.
Known as AppleJeus, it poses as legitimate digital currency trading software and has infected victims in over 30 countries around the world, according to federal authorities.
The three suspects are reportedly are members of the Reconnaissance General Bureau, a military agency of North Korea that allegedly attack global financial giants and steal billions of dollars.
The New York Department of Financial Services (NYDFS) has issued a cybercrime warning after several attempted security breaches.
