20 Jul 2020

Twitter Confirms 130 Accounts Hacked

A recent cyberattack that targeted verified users on Twitter is still being investigated by the platform. However, the social media giant has confirmed that a total of 130 accounts were compromised as part of a cryptocurrency campaign attempting to scam victims out of bitcoin. The major cybersecurity incident occurred two

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16 Jul 2020

Hackers targeted Twitter employees to hijack accounts of Elon Musk, Joe Biden and others in digital currency scam

Yesterday, hackers gained access to over a dozen high-profile accounts on Twitter as part of a bitcoin scam campaign. The accounts of politicians such as Joe Biden and former President Brack Obama, tech billionaires such as Elon Musk, Bill Gates, and Jeff Bezos, and corporate accounts like that of Apple

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14 Jul 2020

Army Investigative Unit Looks to Detect and Trace Cryptocurrency Transactions

The Army Contracting Command, a top Pentagon investigative unit, announced plans to tap into an existing cloud-based solution in order to quickly detect unlawful cryptocurrency transactions. The entity invited potential new partners to offer opinions on their capacity to supply a cryptocurrency investigation service, stating that the application must provide

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24 Jun 2020

New Zealand seizes $90 million in assets of Russian cybercrime suspect

New Zealand law enforcement has reportedly seized assets worth $90.68 million from a Russian man who is suspected of money laundering billions of dollars in digital currency. The assets were being held in a New Zealand company owned by cybercriminal Alexander Vinnik, who is wanted in the US, France, and

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16 Jun 2020

Justice Gets 15 Guilty Pleas for International Crime Ring that Laundered Money Through Cryptocurrency Exchanges

A recent case involving an international scam that posted fake auctions online and laundered money hit a huge milestone last week, with fifteen people involved in the case entering guilty pleas for their association with the scam. According to experts, the case could be useful as a template for nation-state

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10 Jun 2020

Fake SpaceX YouTube channels scam viewers out of $150K in bitcoin

Three YouTube channels have been hijacked by scammers to display bitcoin scams that impersonate Elon Musk’s legitimate SpaceX channel. The three hacked pages have collected almost $150,000 in bitcoin over the past two days. Scammers have frequently been impersonating Elon Musk and SpaceX to perform fraudulent “cryptocurrency giveaways” and other

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01 Jun 2020

Advancing Blockchain Act Calls for Federally-Led Deep-Dive Into the Nascent Tech

Over the past week, new legislation was introduced aiming to mandate an exhaustive federal government-led examination of the impacts of blockchain nationally and globally. This specific bill was introduced by Rep. Brett Guthrie R-KY. and is part of a wider legislative package of 15 emerging tech-focused bills written by Republicans

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04 May 2020

Ghost Confirms Hack Attack: 750,000 Users Spooked By Critical Vulnerability

Yesterday, a popular open-source blogging platform with over 2 million installs, Ghost, confirmed that it was hacked. Ghost’s customers include industry giants such as NASA, DuckDuckGo, and Mozilla as well as 750,000 other registered users. Early on the morning of May 3, the site stated on its website that it

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06 Feb 2020

Bug hunter finds cryptocurrency-mining botnet on DOD network

Last month, a security researcher who was searching for bugs as a part of a bounty program discovered a cryptocurrency mining botnet inside a web server operated by the US Department of Defense. The researcher, Nitesh Surana, reported the big through the DOD’s official bug bounty program. The bug report was

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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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