CRYPTOCURRENCY
Cybercrime on the Rise: 2024 Mid-Year Crypto Crime Report Highlights
Chainalysis reports a 20% drop in overall crypto crime in 2024, but stolen funds and ransomware incidents are surging.
UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group
UK's Operation Cronos, in collaboration with international partners, successfully dismantled LockBit, the world’s most prolific ransomware ecosystem, highlighting the importance of international cooperation in cybersecurity.
Decline in Crypto Crime: Insights into 2024 Trends and Challenges
2024 sees a notable decline in crypto crimes, with hacking and scamming activities reduced. However, ransomware and darknet markets show resurgence, emphasizing the need for enhanced security and regulatory measures in the crypto industry.
Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand
Thunder Terminal exploited 114 wallets, causing $240,000 in damages. Users were promised refunds and additional credits, but the hacker disputed these claims and demanded a ransom.
CertiK Outlines Mobile Blockchain Security Threats and Countermeasures
CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.
US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions
The US and UK have sanctioned eleven members of Russia-based ransomware group Trickbot, following a previous sanction of seven. The sanctions are part of a global effort to combat cybercrime in the blockchain-dominated era.
Unknown Sources Target Crypto Investors with Malicious Computer Programs
Since December 2022, MortalKombat ransomware and Laplas Clipper malware threats have been searching the Internet for unsuspecting cryptocurrency investors.
Ransomware Growth Decreased 23% YoY amid Bearish BTC Market in H1, Report Suggests
The slump in the price of Bitcoin in the first half year has been tagged as one of the main reasons for the decline in Ransomware activities recorded during this period.
US Seizes $500K in Crypto Paid as Ransom to North Korean Hackers
The U.S. Justice Department has revealed seizing crypto funds worth $500,000 used to pay ransom to North Korean hackers after the FBI filed a sealed seizure warrant in May.
Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation
A joint strike action between Europol and other international crime enforcement agencies has led to the arrest of two ransomware gang members.