02 Jan 2020

Change your password: Poloniex cryptocurrency exchange reveals data leak

Cryptocurrency exchange Poloniex has enforced a password reset for all customers after it was impacted by a data leak. However, many users believed that the password reset email was a phishing attempt, where malicious actors send fraudulent emails disguised as legitimate companies to lure victims into submitting login credentials. The

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20 Dec 2019

New malware dropper is a “hornet’s nest” of dangerous software

A new malware dropper, dubbed the Legion Loader, has emerged. Deep Instinct researchers discovered the malware, and have since been referring to it as a “hornet’s nest” of malware due to its ability to infect computers and install additional malware on them. Although this is common among droppers, which are

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04 Dec 2019

2019 experienced massive spate of crypto crimes, $4.4 billion to date

Research shows that the majority of cryptocurrency exchanges are not equipped to handle basic KYC. Nations only have seven months left to pass laws and virtual asset service providers to comply with guidelines, yet they are inadequately prepared to comply with the new funds Travel Rule in the Financial Action

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03 Jun 2019

Wave of SIM swapping attacks hit US cryptocurrency users

A massive SIM swapping campaign has hit numerous members of the US cryptocurrency community over the past week. The aim of a SIM swapping attack is for the threat actor to get the phone number of a victim assigned to a SIM card they control. The criminal can subsequently use

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22 Jan 2019

Over 4 percent of all Monero was mined by malware botnets

As part of a major cybersecurity research project, security researchers have analyzed 4.4 million malware samples that have been detected between 2007 and 2018. About one million of these samples were cryptomining malware. Based on their findings, the researchers estimate that about 4.32% of all Monero cryptocurrency that has been mined so

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