Cryptocurrency News
Criminals have been drawn to cryptocurrencies for some time. Governments in Europe are now joining forces to put an end to this illicit activity. According to local sources, France’s NIGMA Conseil and Austria’s Institute of Technology are joining forces. More Blockchain Analysis in Europe Their agreement of cooperation focuses on […]
Ransomware has been a very big problem for many years now. Despite numerous incidents in 2019, it is unlikely that the threat will diminish in the years to come. Through 2019, the number of ransomware attacks has been rather impressive, for all the wrong reasons. Ransomware Problems Remain Ever-present One […]
Criminals will often turn their attention to online services. A new discovery shows how even inactive Netflix accounts are not safe from harm. When a Netflix account is no longer considered an active subscription, it becomes basically worthless. The Tricky Nature of a Dormant Netflix Account Without subscription, users cannot […]
Bitcoin and other cryptocurrencies are often mentioned in the same breath as cybercriminals. Most of those stories are, unfortunately, 100% correct. However, not every criminal had a troubled youth. Case in point is Igor Musatov, a former KHL ice hockey player, who swindled victims out of $800,000 worth of Bitcoin. […]
Criminals are still drawn to Bitcoin. The world’s leading cryptocurrency lacks anonymity and privacy. Even so, it is often used as a tool to hide monetary transactions. The first six months of 2019 have been rather telling in this regard. Over $4bn worth of Bitcoin has been stolen from investors […]
Many officials claim only criminals use Bitcoin. All of those people are in the wrong. Many people use cryptocurrencies for a wide variety of purposes. It is certainly true criminals favor Bitcoin due to its pseudonymity. One Norwich-based individual was sentenced for hacking and accepting cryptocurrency as a payment. Teens […]
Any advancement in the technology world needs to be applauded. This is true even when it comes to disruptive yet controversial technologies such as facial recognition. The London Metropolitan Police has been using this technology for some time now and is noting some progress. Only eight in ten technology-based “hits” […]
Cryptocurrencies which provides users with privacy and anonymity are often looked down upon by politicians and other officials. Especially in the US, privacy coins such as Monero and ZCash might face an uphill battle in the future. The most recent White House press conference only confirms these currencies are designed […]
In the cryptocurrency world, there have been numerous scams over the past few years. Most of these ventures are shut down pretty quickly, but some tend to linger for quite some time. Typosquatting has been a real problem in the Bitcoin world. A joint collaboration between Europol, police agencies, and […]
The darknet does not enjoy the best of reputations, which is only to be expected. A lot of criminal activity takes place in this hidden part of the internet, and some individuals simply raise the bar to levels which make the rest of the world rather uncomfortable. Below are a […]
In this modern era of technology and connectivity, cyber attacks have become significantly more common. Despite numerous warnings from security experts, consumers remain prone targets for criminals who are not necessarily intent on backing down as of yet. The year 2019 has seen some interesting types of cyber attacks so […]
Even though the darknet doesn’t have the best of reputations, its popularity continues to rise over time. That is not entirely surprising, as the allure of getting rich quick attracts people from all strides of life. One noteworthy trend is how the number of “job openings” found on the darknet […]
In the world of cybercrime, various threats have emerged over the past few years. Computer and mobile users know that all too well, as it is evident staying safe is an ongoing challenge. The rise of cybercrime-as-a-service will ensure this process does not come to an end anytime soon. It […]
Cryptocurrency users are under constant threat from hackers and scammers looking to steal their digital wealth. Even though some incidents are difficult to avoid, it would appear the major security risks still remain in place after many years. The following examples are ranked in terms of reverse popularity among criminals. […]
There was a time when the overwhelming majority of Bitcoin usage was associated with drug dealing and other illegal activities. With Bitcoin offering relative anonymity that traditional payment methods like cards and bank transfers didn’t, criminals were quick to hop on the bandwagon, which gave Bitcoin the misguided moniker of […]
Money laundering and Bitcoin have been entwined for quite some time now. Various incidents take place every single year, and the year 2018 hasn’t been any different. Numerous incidents involving Bitcoin and money laundering have taken place in recent months. 3. Money Laundering in Japan Although Bitcoin has become legal […]
Criminals still tend to favor Bitcoin and other cryptocurrencies to mask their activities. That is not an advisable course of action, as most of these currencies lack both privacy and anonymity features. Over 300 BTC was confiscated by the UK police after they arrested a notorious drug dealer and money […]
Popular online games have always been a prone target for criminals and hackers. Although these incidents are usually aimed at collecting users’ in-game items or payment information, a new trend has begun to emerge. Various sources claim the League of Legends PH client was briefly infected by cryptocurrency mining malware last […]