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Most criminal cryptocurrency is funneled through just 5 exchanges

A few big players are moving a “shocking” amount of currency in a tight market. Enlarge (credit: Eugene Mymrin/Getty Images) For years, the cryptocurrency economy has been rife with black market sales, theft, ranso.....»»

Category: topSource:  theglobeandmailJan 28th, 2023

FTX: Cryptocurrency market rocked by near-collapse of exchange

FTX struck a bailout deal with larger rival Binance as it faced a "significant liquidity crunch"......»»

Category: hdrSource:  bbcRelated NewsNov 9th, 2022

Hacker took pains to hide $3.36B of stolen bitcoin. Feds found it anyway

The haul, the second biggest in DOJ history, shows the difficulty of hiding cryptocurrency. Enlarge / Bitcoin laundering concept vector illustration. Federal prosecutors have recovered $3.36 billion in bitcoin that was.....»»

Category: topSource:  arstechnicaRelated NewsNov 8th, 2022

Medibank won’t pay the ransom for data stolen in breach

Australian health insurance provider Medibank has announced it won’t be paying the ransom to the criminal(s) who stole data of 9.7 million of its current and former customers. “Based on the extensive advice we have received from cybercrim.....»»

Category: securitySource:  netsecurityRelated NewsNov 7th, 2022

Nations get tough on cryptocurrency to tackle ransomware attacks

White House summit looks to improve blockchain analytics and enforce better authentication to prevent crypto laundering......»»

Category: topSource:  theglobeandmailRelated NewsNov 5th, 2022

Irreverent trailer finds a crook living undercover as a priest

Peacock's upcoming miniseries, Irreverent, follows the misadventures of a criminal who assumes the identity of a priest in Australia......»»

Category: topSource:  digitaltrendsRelated NewsNov 3rd, 2022

Reducing childhood poverty could cut criminal convictions by almost a quarter, study shows

A significant reduction in childhood poverty could cut criminal convictions by almost a quarter, according to a study conducted in Brazil. An article on the study is published in Scientific Reports. The researchers used an innovative approach involvi.....»»

Category: topSource:  physorgRelated NewsNov 1st, 2022

Scams targeting cryptocurrency enthusiasts are getting more prevalent

Crypto giveaway scams have evolved into an illicit market segment with multiple services that aim to facilitate fraudulent operations. The growth of fake crypto giveaways can be explained by a significantly enhanced arsenal and availability of tools.....»»

Category: securitySource:  netsecurityRelated NewsOct 31st, 2022

Here"s Why Elon Musk"s Twitter Takeover Is Big News For Crypto Investors

Cryptocurrency just might prove to the secret sauce in Elon Musk's plans to make money off his newly acquired Twitter. Cryptocurrency just might prove to the secret.....»»

Category: gadgetSource:  slashgearRelated NewsOct 29th, 2022

Pig butchering: A day in the life of a cyberfraud fighter

Jane Lee, a cyberfraud prevention provider, shows how she discovered an elaborate romance scam involving dating apps and cryptocurrency. Jane Lee, a cyberfraud prevention provider, shows how she discovered an elaborate romance scam involving dati.....»»

Category: topSource:  venturebeatRelated NewsOct 29th, 2022

Fresh off of parole, Samsung heir ascends to chairman of the company

A presidential pardon clears the way for Samsung's criminal prince to be a king. Enlarge / Jay Y. Lee leaves court following the bribery scandal verdict in August 2017. (credit: Seung-il Ryu/NurPhoto via Getty Images) Samsung.....»»

Category: topSource:  arstechnicaRelated NewsOct 27th, 2022

Tesla faces criminal probe in U.S. over self-driving claims

Tesla is under criminal investigation in the U.S. over claims the company's electric vehicles can drive themselves, three people familiar with the matter said......»»

Category: topSource:  autonewsRelated NewsOct 27th, 2022

Feds open criminal investigation into Tesla Autopilot claims

DoJ prosecutors want to know if Tesla misled customers, investors, regulators. Enlarge (credit: Aurich Lawson | Tesla | Airplane!) Tesla's controversial Autopilot driver assist might have just gotten even more controversial......»»

Category: topSource:  arstechnicaRelated NewsOct 27th, 2022

Social media apps must pay App Store 30% for boosts

Apple's revised App Store guidelines are now explicit that any social media app that allows paid boosts to social media posts are subject to the 30% in-app purchase fee.Alongside new rules for NFTs and cryptocurrency, Apple has added or altered many.....»»

Category: appleSource:  appleinsiderRelated NewsOct 25th, 2022

Apple has new App Store rules for NFTs and cryptocurrency

Apple has announced updates to the App Store Review Guidelines, offering guidance for apps offering cryptocurrency and NFTs.CryptocurrencyThe company has remained relatively quiet on blockchain technologies such as cryptocurrency and non-fungible tok.....»»

Category: appleSource:  appleinsiderRelated NewsOct 24th, 2022

Typos can get you hacked in latest cybersecurity threat

Fake websites look just like the real ones, but steal your logins, harvest cryptocurrency, and infect your computer and phone in the latest cybersecurity threat......»»

Category: topSource:  digitaltrendsRelated NewsOct 24th, 2022

A fool and their Web3 investment will soon be parted

VC Investors in Web3 should make sure founders have planned for cryptocurrency volatility and accounted for its effect on end users. VC Investors in Web3 should make sure founders have planned for cryptocurrency volatility and accounted for its e.....»»

Category: topSource:  venturebeatRelated NewsOct 22nd, 2022

Ed Sheeran: Hacker who stole singer"s unreleased music is jailed

Adrian Kwiatkowski offered the songs in exchange for cryptocurrency on the dark web......»»

Category: hdrSource:  bbcRelated NewsOct 21st, 2022

Medibank hack turned into a data breach: The attackers are demanding money

Medibank, Australia’s largest private health provider, has confirmed that last week’s “cyber incident” has resulted in a data breach. “Medibank has been contacted by a criminal claiming to have stolen 200GB of data,̶.....»»

Category: securitySource:  netsecurityRelated NewsOct 21st, 2022

Police breaks up criminal ring that hacked keyless systems to steal cars

A car theft ring that used fraudulent software to “hack” and steal vehicles with remote keyless entry and ignition systems has been dismantled by the French National Gendarmerie, Europol announced on Monday. “The criminals targeted.....»»

Category: securitySource:  netsecurityRelated NewsOct 18th, 2022

7 critical steps to defend the healthcare sector against cyber threats

While knowing full well that human lives may be at stake, criminal gangs have been increasingly targeting the healthcare sector with high-impact attacks like ransomware. 1. Tighten up email security Healthcare providers should set up numerous layers.....»»

Category: securitySource:  netsecurityRelated NewsOct 18th, 2022