Zero-Knowledge Bounties provide a solution to a Sudoku problem and the classic fair exchange problem, providing assurance that payment will result in disclosing the right decryption key.
As cyberspace becomes increasingly vulnerable to attacks due to the proliferation of malware groups, security agencies rely on the public for help in preventing likely destructible outcomes of these threats.
Denis Mihaqlovic Dubnikov and his co-conspirators, who are yet to be identified, are accused of laundering as much as $70 million extracted using the Ryuk malware variant.
The FBI traced the funds after a report filed by the Kansas medical center. The bureau identified the malware used in hijacking the servers as a strain called "Maui."
What transpired during the hearing was that while many think digital currencies like Bitcoin are untraceable systems destined to bring about an era of anarchy and chaos, quite the opposite is true.
The bills are highlighted in The Queen's Speech 2022, delivered during the State Opening of Parliament and published by the Prime Minister's office.
The U.S. State Department is offering up to $15 million in rewards for any information that can help it crack down on Conti, a Russia-based ransomware group.
Sebastien Vachon-Desjardins is accused of conspiring to damage a protected computer to transmit a ransom demand intentionally, according to the U.S. Department of Justice.
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.
Suex OTC, EggChange, Buy-bitcoin.pro., and CashBank are the four companies which experts said have been laundering money through ransomware-related activity in Vostok.
The new bill is meant to curb ransomware attacks, requiring all businesses to report these attacks and the U.S. Treasury to keep such details confidential.