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04-19-2025
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Cybercrime

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets
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13 May, 2023

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets

Joseph O’Connor, 23, is scheduled for sentencing by U.S. District Judge Jed S. Rakoff on June 23, 2023, staring at...
Australians lost $150M to digital assets scams in 2022
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19 April, 2023

Australians lost $150M to digital assets scams in 2022

A recent report by the ACCC revealed that scammers swindled $2.1 billion in 2022—a new record—with investment scams accounting for...
Digital asset phishing scams shot up 40% in 2022: report
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19 April, 2023

Digital asset phishing scams shot up 40% in 2022: report

Kaspersky found over 5 million phishing attempts, up from 3.6 million a year ago despite the 2022 market turmoil, even...
UN Cybercrime Treaty could lead to increased surveillance of ‘crypto’ industry worldwide
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18 April, 2023

UN Cybercrime Treaty could lead to increased surveillance of ‘crypto’ industry worldwide

The new treaty on cybercrime comes at the back of rising illegal digital asset transactions through anonymity, allowing perpetrators to...
Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit
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17 April, 2023

Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit

The hackers exploited a vulnerability in an outdated Yearn Finance contract, minted the yUSDT and swapped it for millions of...
Australia weighs banning ransomware payments amid hike in attacks
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14 April, 2023

Australia weighs banning ransomware payments amid hike in attacks

Australia is considering a proposal to ban ransomware payments which some experts claim would disincentivize the hackers in the wake...
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