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Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims while demanding a Bitcoin ransom.

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.

Preventing Future Hacks: Twitter Improves Security Ahead of US Elections

Preventing Future Hacks: Twitter Improves Security Ahead of US Elections

Social media giant, Twitter has revamped its security measures for high profile accounts ahead of the U.S. November Presidential Elections.

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

US CFTC Charges New York Crypto Trader with Fraud Involving Digital Asset Ponzi Scheme

A New York native has been charged with fraud for allegedly scamming $5 million from more than 175 investors using a crypto Ponzi scheme.

Telecom Argentina Hit By Ransomware attack: Hackers Demand $7.5 Million Monero

Telecom Argentina Hit By Ransomware attack: Hackers Demand $7.5 Million Monero

Cyber attackers are demanding Monero ransom worth $7.5 million after taking control of Telecom Argentina’s internal network.

One Million Bitcoin Held By Dark Web Marketplaces and Cybercriminals, Chainalysis Data

One Million Bitcoin Held By Dark Web Marketplaces and Cybercriminals, Chainalysis Data

Data from Chainalysis reveals that almost one million Bitcoin is circulating on the dark web between bad actors and illicit darknet markets.

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals

Hacked Crypto Exchange KuCoin Back In Business With Crypto Deposit and Withdrawals

Following the hack of its platform resulting in a reported loss of over $150 million, KuCoin exchange is back in business after completing some wallet upgrades

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand police are warning about a new porn blackmail scam that is targeting residents who watch adult content videos in the country. Scammers will take compromising video or photos of the victim while they are watching pornography and later contact them demanding a ransom in Bitcoin to keep the content private.

Australia Records Over $14 Million Losses to Crypto Scams in 2019

Australia Records Over $14 Million Losses to Crypto Scams in 2019

Scamwatch, an Australian website dedicated to reporting scams saw an increase in crypto relating scams amounting to $14 million

Senior Worker at Bithumb Triggered Hacking Vulnerability

Senior Worker at Bithumb Triggered Hacking Vulnerability

A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.

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