14 Feb 2020

Ohio man arrested for running Bitcoin mixing service that laundered $300 million

US law enforcement and agencies have arrested an Ohio man who ran a Bitcoin mixer service on the dark web that aided cybercriminals in disguising the origin of Bitcoin transactions. The man, Larry Harmon of Akron, Ohio, will be prosecuted in a three-count indictment for operating Helix, which was located

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31 Jan 2019

Hamas calls for supporters to send bitcoins

Named a terrorist group by the U.S., the EU, several countries and international organizations (excluding China, Russia, and Turkey), Hamas rules the Gaza strip but is financially restricted by heavy sanctions imposed for their support of terrorism and refusal to acknowledge the state of Israel. Although they receive financing from

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14 Nov 2018

Iran prepares cryptocurrency as US cuts SWIFT services

Iranian access to the SWIFT financial system has now been cut off as part of US sanctions against the regime. While the SWIFT system is supposed to be an independent entity, the US has demonstrated its influence and control over it in this instance, leading critics to more actively support

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08 Nov 2018

University shuts down network to thwart Bitcoin cryptojacking scheme

“A Canadian university was forced to close down its entire network due to the discovery that the system was being abused in order to mine for cryptocurrency. Nova Scotia’s St. Francis Xavier University uncovered the cryptojacking scheme on Thursday. IT staff at the academic institution found malicious software which had

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07 Nov 2018

Fake Elon Musk Twitter Bitcoin Scam Earned 180K in One Day

Hackers used compromised Twitter accounts and Elon Musk’s fame to scam over $180,000 in bitcoin in a single day. The scam involved changing the names of verified Twitter accounts to “Elon Musk,” and tweeting about making “the biggest crypto-giveaway in the world.” Users who sent between .1 and 3 BTC

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26 Oct 2018

What Happens to Your Cryptocurrency After You Die?

“Passing your digital holdings on to loved ones after your death isn’t as simple as bequeathing cash or other property, though, particularly since wills aren’t designed for confidential information. Because a private key is all that’s necessary to transfer funds from a wallet, including it in your will might be a terrible idea. ‘I

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08 Oct 2018

Russian government hackers mined bitcoin to fund attacks on FIFA, anti-doping agencies

The Russian hackers recently indicted for their attacks attacks against anti-doping agencies and others were funding their work through bitcoin mining, according to U.S. documents. “The conspirators used the same funding structure – and in some cases, the very same pool of funds – to purchase key accounts, servers, and

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27 Sep 2018

How to Track a Bitcoin’s Journey, and the Trustworthiness of any given Address

The makers of this Bitcoin tracking website are working to “provide a little more clarity” and “offer more peace of mind to investors, regulators and the general public” by providing search functions for Bitcoins and Addresses, and tracing their origin and affiliation to various sources, including gambling and known criminal

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30 Aug 2018

Cryptocurrency Passwords Can Now Be Stored in DNA

“This encryption tool was designed with the notion that it will last longer than a more traditional hardware option. For those who have a lot of money tied up in a cryptocurrency, if that data is kept on a hard drive, it could easily have become corrupted and unable to access decades

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21 Aug 2018

Beijing still battling crypto after ‘biggest ever’ $90 million Bitcoin heist

Three suspects were arrested for the theft of $90 million in Bitcoin by hacking computers belonging to both individuals and companies. China continues to fight an uphill struggle against cryptocurrency operations in the country as users skirt and ignore its regulations and bans, policies that provincial and local law enforcement

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