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Criminal Gang Physically Assaulting People for Their Cryptocurrency

Schneier on Security

This is pretty horrific : …a group of men behind a violent crime spree designed to compel victims to hand over access to their cryptocurrency savings. Felix focused largely on a single theft of cryptocurrency from an elderly North Carolina couple, whose home St. Yet another reason to stay away from them.

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FBI Seizes Stolen Cryptocurrencies

Schneier on Security

The Wall Street Journal is reporting that the FBI has recovered over $30 million in cryptocurrency stolen by North Korean hackers earlier this year. These addresses can be created quickly without them being linked to a cryptocurrency company that could freeze the funds.

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How The FBI Seized Bitcoin from Colonial Pipeline Hackers – Does Law Enforcement Have More Control Over Cryptocurrencies Than People Believe?

Joseph Steinberg

The post How The FBI Seized Bitcoin from Colonial Pipeline Hackers – Does Law Enforcement Have More Control Over Cryptocurrencies Than People Believe? Seizing can also be done through other methods – all of which typically require knowing the private key of the origination address.).

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Disrupting Ransomware by Disrupting Bitcoin

Schneier on Security

This is where the suggestion to ban cryptocurrencies as a way to “solve” ransomware comes from. Or gives out their banking details. In this light, banning cryptocurrencies like bitcoin is an obvious solution. We suggest an easier alternative: merely disrupt the cryptocurrency markets.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care? With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.

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Cybercrime Rapper Sues Bank over Fraud Investigation

Krebs on Security

That story showed how Punchmade’s social media profiles promoted Punchmade-themed online stores selling bank account and payment card data. On June 26, Turner filed a pro se lawsuit against PNC Bank , alleging “unlawful discriminatory and tortuous action” after he was denied a wire transfer in the amount of $75,000.

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This $3,000 Android Trojan Targeting Banks and Cryptocurrency Exchanges

The Hacker News

As many as 77 banking institutions, cryptocurrency exchanges, and national organizations have become the target of a newly discovered Android remote access trojan (RAT) called DroidBot.