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Cryptocurrency Attacks to be Aware of in 2021

Digital Shadows

It’s been a pretty big year so far for cryptocurrency. After it reached an all-time high in April 2021, new. The post Cryptocurrency Attacks to be Aware of in 2021 first appeared on Digital Shadows.

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Americans report losing over $1 billion to cryptocurrency scams

Bleeping Computer

Federal Trade Commission (FTC) says over 46,000 people Americans have reported losing more than $1 billion worth of cryptocurrency to scams between January 2021 and March 2022. [.].

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Florida man sentenced to prison for SIM Swapping conspiracy that led to theft of $1M in cryptocurrency

Security Affairs

A man from Orlando was sentenced to prison for SIM Swapping conspiracy that led to the theft of approximately $1M in cryptocurrency. The man was sentenced for his role in a hacking scheme that led to the theft of approximately $1M worth of cryptocurrency from dozens of victims. ” reads the press release published by DoJ.

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Russian cybercrime forums launch contests for cryptocurrency hacks

Security Affairs

Cybercriminals in Russian underground forums have been invited to take part in competitions for hacking cryptocurrency and NFT. Several Russian underground forums have launched competitions for hacking cryptocurrency schema and Non-fungible token (NFT). SecurityAffairs – hacking, cryptocurrency hack). Pierluigi Paganini.

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Blockchain security companies tackle cryptocurrency theft, ransom tracing

CSO Magazine

According to data from the Rekt leaderboard , cybercriminals have stolen as much as $3 billion of investor funds through 141 various cryptocurrency exploits since January, putting 2022 on track to top 2021 levels of digital currency malfeasance. billion in cryptocurrency worth about $45.5 billion in today’s value.

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The top 3 cryptocurrency scams of 2021

Tech Republic Security

Kaspersky says that fake exchanges, fake mining hardware and wallet phishing are the most popular crypto scams of the year, many of which it said have a higher-than-usual level of detail.

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Google bans the following cryptocurrency apps for data security

CyberSecurity Insiders

If you are a cryptocurrency enthusiast and are using any of the mining apps to earn more, then this article needs your interest. Following on the list are BitFunds app, Bitcoin Miner, Bitcoin Wallet, Crypto Holic, Bitcoin 2021, MineBit Pro and Ethereum.