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 ...

North Korean Hackers Steal $721 Million in Cryptocurrency, Targeting Japan and Vietnam

North Korean-linked hacker groups stole $721 million in cryptocurrency from Japanese entrepreneurs between 2017 and Jan. 1, 2023, according to an Elliptic study published by Nikkei. The amount represents 30% of total losses from DPRK hack ...

Ukrainian Police and FBI Dismantle Network of Illegal Cryptocurrency Exchangers

It included nine unlicensed cryptocurrency exchanges Their sites were blocked and domains confiscated Law enforcement officials are investigating to determine the names of those involved Yesterday, May 2, the National Police of Ukraine published an of ...

Banco de Venezuela Hit by Ransomware Attack

Banco de Venezuela, the largest financial institution in the country, has suffered a devastating ransomware attack that has left its digital infrastructure compromised. The attack reportedly took place on April 19, and sources in the cybersecurity community have identified the culprit as the Lock ...

Europol Seizes $47 Million in Bitcoin and Blocks Crypto Mixer ChipMixer

Europol, in collaboration with the FBI and law enforcement agencies in several European countries including Germany, Belgium, Poland, and Switzerland, has taken down ChipMixer, a crypto mixing service that was suspected of laundering over $2.92 billion. During their operation, intelligence offici ...