Europol together with Dutch and Luxembourg authorities seized Bestmixer.io on Wednesday because they believe the "world's leading cryptocurrency mixing service" has laundered over $200 million in …
Hackers Steal $40 Million Worth of Bitcoin From Binance Exchange
Threat actors have stolen 7,000 Bitcoin worth around $40 million from cryptocurrency exchange Binance, in what the firm described as a “large scale security breach.” Binance is using an emergency …
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Hamas shifts tactics in bitcoin fundraising, highlighting crypto risks: research
Al-Qassam Brigades, the military wing of Hamas, has raised $7,400 in bitcoin since it started accepting crypto donations in January of this year and the organization is now experimenting with more …
The correlation between DDoS attacks and cryptomining
A new NSFOCUS report indicates that the declining price of cryptocurrencies in 2018 prompted threat actors to stop using botnet resources for cryptomining attacks - as these were getting less and …
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Tax Fraud and ID Theft Services Getting Cheaper on the Dark Web
New research by Carbon Black shows that the tax fraud and identity theft services that are offered on the dark web keep on getting cheaper. As a result, anyone with $1000 to spend will now be able to …
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Finance Remains Most Attacked Sector Globally Six of the Past Seven Years
A new NTT security report shows that 17% of all cyberattacks in the past year targeted the financial sector. The technology sector also accounted for 17% of attacks in 2018, but finance has been the …
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China, a Major Bitcoin Source, Considers Moving Against It
China may eliminate its subsidized cryptomining industry in the near future. Cryptomining involves the use of the processing power of machines in order to solve complex math problems, by which …
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Coinhive stops digging, but cryptomining still dominates
A new Check Point report shows that despite the recent shutdown of Coinhive, a cryptomining software developed for legitimate purposes but frequently used for nefarious purposes by criminals, …
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Cryptojacking Still a Foreign Concept for Many Security Pros
Even though cryptojacking, i.e. the illegitimate use of a system's resourcing powers for mining cryptocurrency, is a serious threat to organizations, a new survey by Exabeam found that a majority …
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Terrorist Use of Cryptocurrencies – Technical and Organizational Barriers and Future Threats
New research by RAND's National Security Research Division (NSRD) scrutinizes the use of cryptocurrencies in the context of terrorist activities. While it is not currently viable for terrorist groups …