Bitcoin ZK Bounty Series: Part 1 — Pay for Decryption Key
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.
Latest ransomware News
FBI, 2 other US security agencies ramp up campaign vs ransomware with help from citizens
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.
Alleged Russian ransomware attacker indicted, faces extradition from the Netherlands
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.
DOJ recovers $500K digital asset and fiat from hackers linked to North Korea
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."
Senate HSGAC hearing on ransomware shows blockchain isn’t what most think it is
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.
UK legislative agenda includes bills regulating digital currencies
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.
US offers $15M reward for information on Russian ransomware group Conti
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.
Ransomware gang member extradited to US from Canada, $28M in BTC seized
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.
Russia arrests 14 members of gang behind $200M ransomware payments
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.
Digital currency hackers camping out at Russia’s popular skyscraper: report
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.
New US bill to bar ransomware payments above $100,000
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.
Australia’s new ransomware plan to allow freezing, seizure of digital currencies
The government of Australia has come up with a new plan to combat increasing ransomware attacks, including allowing seizure and freezing of digital currencies by authorities.