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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.

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How to Lose a Fortune with Just One Bad Click

Krebs on Security

Adam Griffin is still in disbelief over how quickly he was robbed of nearly $500,000 in cryptocurrencies. Unfortunately for Griffin, years ago he used Google Photos to store an image of the secret seed phrase that was protecting his cryptocurrency wallet. Image: Shutterstock, iHaMoo. io ) that mimicked the official Trezor website.

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Feds Charge Five Men in ‘Scattered Spider’ Roundup

Krebs on Security

According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees. Those accounts state that the intruders assaulted Tylerb’s mother in the home invasion, and that they threatened to burn him with a blowtorch if he didn’t give up the keys to his cryptocurrency wallets.

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A Day in the Life of a Prolific Voice Phishing Crew

Krebs on Security

KrebsOnSecurity recently told the saga of a cryptocurrency investor named Tony who was robbed of more than $4.7 million in cryptocurrencies from Tony was verify-trezor[.]io. Federal Communications Commission (FCC), as well as those working at the cryptocurrency exchanges Coinbase and Binance. Image: Shutterstock, iHaMoo.

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North Korean Hackers Stole $1.34 Billion in Crypto in 2024

Security Boulevard

billion in cryptocurrency in 2024, more than half of the $2.2 Billion in Crypto in 2024 appeared first on Security Boulevard. North Korean hackers stole $1.34 billion stolen in all crypto hacks, and the attacks by threat groups linked to the rogue nation are becoming more frequent and are happening more quickly.

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Happy 15th Anniversary, KrebsOnSecurity!

Krebs on Security

Maybe it’s indelicate to celebrate the birthday of a cybercrime blog that mostly publishes bad news, but happily many of 2024’s most engrossing security stories were about bad things happening to bad guys. In case you missed any of them, here’s a recap of 2024’s most-read stories.

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The GitVenom campaign: cryptocurrency theft using GitHub

SecureList

stealer that collects information such as saved credentials, cryptocurrency wallet data and browsing history, packs it into a.7z yspzt ) received a lump sum of about 5 BTC (approximately 485,000 USD at the time of research) in November 2024. com/Dipo17/battle ) and execute them. These components were as follows: A Node.js