Crypto scams are down 77% — but this exploit is making a huge comeback
Cryptocurrency scams have fallen a massive 77% from $3.3 billion to $1.1 billion over the first six months of 2023, according to a recent report by blockchain intelligence firm Chainalysis.The catch, though, is that ransom attacks are back in trend, with perpetrators pocketing 62.4% more r ...
Waves Founder Reveals Six-Month Data Breach Attack on Blockchain
The founder of Waves told DL News reporters that attackers broke into the blockchain's control system and collected information for six months. In December 2022, Alexander Ivanov received a message from hackers claiming that they had been accessing information in the Wave ...
Former Ubiquiti Employee Poses as Anonymous Hacker, Attempts $2 Million Crypto Extortion
A former Ubiquiti employee posed as an anonymous hacker while working for the company and tried to extort $2 million in crypto assets. Nickolas Sharp was arrested in December 2021 and sentenced to six years in prison at the conclusion of the investigation. According to i ...
Ukrainian Cyber Police Shut Down Nine Services Used by Hackers to Exchange Crypto Ransom
The National Police of Ukraine's Cyber Police Division has announced the shutdown of nine services that were being used by hackers to exchange virtual assets obtained as ransom payments. The operation, which was conducted in collaboration with the Main Police Investigation Department and the Pros ...
Founder of Cryptocurrency Project Murdered in South Korea
According to a report from KBS broadcaster, law enforcement agencies in South Korea have arrested three suspects in connection with the murder of the creator of an unidentified cryptocurrency project. The victim, a 48-year-old woman, was taken from her home and killed in a suburb of Seoul. Police ...
Founder of Bankrupt Crypto Project AP Private Equity Kidnapped and Tortured
As per media reports, Aiden Plethersky, the self-proclaimed "Crypto King" and founder of the now-bankrupt crypto venture AP Private Equity, was reportedly kidnapped and subjected to torture with the aim of obtaining a ransom worth millions of dollars. Recently obtained documents by CTV News Toron ...