Tracking Stolen Cryptocurrencies

Schneier on Security

Good article about the current state of cryptocurrency forensics. Uncategorized blockchain cryptocurrency forensics theft tracking

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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Responsible Disclosure for Cryptocurrency Security

Schneier on Security

Stewart Baker discusses why the industry-norm responsible disclosure for software vulnerabilities fails for cryptocurrency software. Why can’t the cryptocurrency industry solve the problem the way the software and hardware industries do, by patching and updating security as flaws are found?

Clever Cryptocurrency Theft

Schneier on Security

It is insane to me that cryptocurrencies are still a thing Beanstalk Farms is a decentralized finance project that has a majority stake governance system: basically people have proportiona votes based on the amount of currency they own.

Signal Adds Cryptocurrency Support

Schneier on Security

According to Wired , Signal is adding support for the cryptocurrency MobileCoin, “a form of digital cash designed to work efficiently on mobile devices while protecting users’ privacy and even their anonymity.” Uncategorized cryptocurrency encryption privacy Signal

On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are an complete and total disaster, and urging them to regulate the space. Uncategorized bitcoin blockchain cryptocurrency essays

Cryptocurrency Pump and Dump Scams

Schneier on Security

Really interesting research: " An examination of the cryptocurrency pump and dump ecosystem ": Abstract : The surge of interest in cryptocurrencies has been accompanied by a proliferation of fraud. academicpapers cryptocurrency fraud scams

“Crypto” Means “Cryptography,” not “Cryptocurrency”

Schneier on Security

I have long been annoyed that the word “crypto” has been co-opted by the blockchain people, and no longer refers to “cryptography.” ” I’m not the only one

Best cryptocurrency exchanges of 2022

Tech Republic Security

Cryptocurrency exchanges allow the transfer of crypto between buyers and sellers. The post Best cryptocurrency exchanges of 2022 appeared first on TechRepublic. Learn about the top crypto exchange options. Innovation Software

New Malware Hijacks Cryptocurrency Mining

Schneier on Security

botnets cryptocurrency hacking malware scamsThis is a clever attack. After gaining control of the coin-mining software, the malware replaces the wallet address the computer owner uses to collect newly minted currency with an address controlled by the attacker. From then on, the attacker receives all coins generated, and owners are none the wiser unless they take time to manually inspect their software configuration.

A Simple Rundown Of Cryptocurrency And Blockchain Technology

SecureBlitz

Here, I will show you a rundown of cryptocurrency and blockchain technology. While many people are familiar with the terms crypto and cryptocurrency trading, the technologies involved and the mechanisms for how to processes work are often misunderstood. Features Cryptocurrency

“To the moon!” Cryptocurrency hamster Mr Goxx trades online 24/7

Naked Security

Here's a happy cryptocurrency story for once, with not a cybercrook in sight. Cryptocurrency cryptocoin cryptocurrency cute nocturnal rodent ico Karpeles Mr Goxx mt gox Poly Networks

New UK Law terms detrimental Cryptocurrency Exchanges as Cyber Criminals

CyberSecurity Insiders

As per the latest law in the UK, cryptocurrency exchanges should abide by the rules set by the government, otherwise, they can be termed as criminals and might face serious consequences along with sanctions. News United Kingdom Cryptocurrency Exchange

Romance scams with a cryptocurrency twist – new research from SophosLabs

Naked Security

Apple Cryptocurrency iOS cryptocurrency ios iPhone romance scam ScamRomance scams and dating site treachery with a new twist - "there's an app for that!".

FBI: Beware of Scam Cryptocurrency Investment Apps

Dark Reading

Law enforcement estimates campaign has already bilked cryptocurrency investors out of $42.7 million

What is Cryptocurrency?

Security Boulevard

Cryptocurrency is best thought of as a digital currency that only exists on computers. Cryptocurrency Main Features. Let’s dig into how cryptocurrency works. Cryptocurrencies are decentralized and distributed. Continue reading What is Cryptocurrency?

Nicholas Weaver on Cryptocurrencies

Schneier on Security

Here's the opening: Cryptocurrencies, although a seemingly interesting idea, are simply not fit for purpose. Risks involving cryptocurrencies occur in four major areas: technical risks to participants, economic risks to participants, systemic risks to the cryptocurrency ecosystem, and societal risks. I haven't written much about cryptocurrencies, but I share Weaver's skepticism. bitcoin cryptocurrency riskassessment risks

Malicious KMSPico installers steal your cryptocurrency wallets

Bleeping Computer

Threat actors are distributing altered KMSpico installers to infect Windows devices with malware that steals cryptocurrency wallets. [.]. Security CryptoCurrency

Compromised cloud accounts leading to Cryptocurrency mining

CyberSecurity Insiders

Google, the business subsidiary of tech giant Alphabet Inc, has released a report saying that the compromised cloud accounts were leading hackers to mine cryptocurrency that could prove as a double threat to customers. News Google Cryptocurrency Mining

Beanstalk cryptocurrency heist: scammer votes himself all the money

Naked Security

Cryptocurrency Vulnerability Blockchain cryptocoin cryptocurrency vulnerabilityVoting safeguards based on commuity collateral don't work if one person can use a momentary loan to "become" 75% of the community.

FBI: Hackers increasingly exploit DeFi bugs to steal cryptocurrency

Bleeping Computer

Federal Bureau of Investigation (FBI) is warning investors that cyber criminals increasingly exploiting security vulnerabilities in Decentralized Finance (DeFi) platforms to steal cryptocurrency. [.]. Security CryptoCurrencyThe U.S.

Decrypting Cryptocurrencies

IT Security Guru

Cryptocurrencies are a topic that touches many areas; not only finance and investing but technology and even political arenas. It is perhaps this decentralised nature which has contributed to the meteoric rise of cryptocurrency value. Are Cryptocurrencies a Bubble or a ‘Safe-haven’?

Over $600m cryptocurrency stolen in Cyber Attack

CyberSecurity Insiders

Hackers have stolen more than $600m cryptocurrency through a vulnerability in the systems of Blockchain site Poly Network. The post Over $600m cryptocurrency stolen in Cyber Attack appeared first on Cybersecurity Insiders.

Cryptocurrency Payment: Pros And Cons

SecureBlitz

This post will show you the pros and cons of cryptocurrency payment. Cryptocurrency, or virtual currency exchange methods, has seen rapid evolution in the last few years. The post Cryptocurrency Payment: Pros And Cons appeared first on SecureBlitz Cybersecurity.

How do Cryptocurrencies Affect Cybersecurity?

Security Boulevard

The post How do Cryptocurrencies Affect Cybersecurity? The post How do Cryptocurrencies Affect Cybersecurity? Digital Currency Security Bloggers Network Blog cryptocurrencies crytocurrency attacks Cyber Security Cybersecurity enterprise security

Chrome Extension Stealing Cryptocurrency Keys and Passwords

Schneier on Security

Second, the extension also actively injects malicious JavaScript code when users navigate to five well-known and popular cryptocurrency management platforms. blockchain chrome cryptocurrency fraud keys passwords theft

Cryptocurrency startup fails to subtract before adding, loses $31m

Naked Security

Cryptocurrency cryptocoin cryptocurrency race conditionThink of a number, any number. Take away 42. Add 42 back in. Then pretend you didn't take away 42. How much is left?

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? CryptoCurrency / BlockChain / ICO CyberSecurity News Scams and Crime bitcoin BTC colonial pipeline Darkside FBI ransomware

U.S. Treasury sanctions Russian cryptocurrency mining companies

Bleeping Computer

CryptoCurrency Legal TechnologyThe U.S. Department of the Treasury has announced a new package of sanctions targeting parties that facilitate evasion of previous measures imposed on Russia. [.].

S3 Ep48: Cryptographic bugs, cryptocurrency nightmares, and lots of phishing [Podcast]

Naked Security

Cryptocurrency Cryptography Phishing Podcast cryptocurrency Naked Security Podcast openssl phishing vulnerabilityLatest episode - listen now!

3 Ways to Keep Your Cryptocurrency Safe

Security Boulevard

Are you investing in cryptocurrency or thinking about it? The post 3 Ways to Keep Your Cryptocurrency Safe appeared first on The Shared Security Show. The post 3 Ways to Keep Your Cryptocurrency Safe appeared first on Security Boulevard.

Crooks are increasingly targeting DeFi platforms to steal cryptocurrency

Security Affairs

FBI warns investors that crooks are increasingly exploiting security issues in Decentralized Finance (DeFi) platforms to steal cryptocurrency. Threat actors are exploiting vulnerabilities in the smart contracts governing DeFi platforms to steal investors’ cryptocurrency. The U.S.

Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges.

US warns of Lazarus hackers using malicious cryptocurrency apps

Bleeping Computer

CISA, the FBI, and the US Treasury Department warned today that the North Korean Lazarus hacking group is targeting organizations in the cryptocurrency and blockchain industries with trojanized cryptocurrency applications. [.]. Security CryptoCurrency

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. [.]. Security CryptoCurrencyThe U.S.

North Korea steals $400m cryptocurrency through Cyber Attacks

CyberSecurity Insiders

North Korea, the nation that is being led by Kim Jong UN is back into news headlines for stealing cryptocurrency worth millions through cyber attacks. The post North Korea steals $400m cryptocurrency through Cyber Attacks appeared first on Cybersecurity Insiders.

United States appoints National Cryptocurrency Enforcement Team to curb malware spread

CyberSecurity Insiders

The United States Department of Justice (DoJ) has announced on Thursday last week that it is going to block misuse of cryptocurrency by cyber criminals by appointing a dedicated team of experts to detect, analyze and prosecute those involved in the crime.

Over 39K unauthenticated Redis services on the internet targeted in cryptocurrency campaign

Security Affairs

Threat actors targeted tens thousands of unauthenticated Redis servers exposed on the internet as part of a cryptocurrency campaign. Threat actors are targeting these instances to install a cryptocurrency miner.

Canadian teenager stole $36 Million in cryptocurrency via SIM Swapping

Security Affairs

million worth of cryptocurrency. million worth of cryptocurrency from an American individual. The cryptocurrency has been stolen through a SIM swapping attack that allowed the attackers to bypass 2FA used to protect the wallets containing the funds.

Rogue cryptocurrency billboards go phishing for wallets

Malwarebytes

However, a “wallet drainer” is just another way of saying “phishing website” There are three ways the majority of cryptocurrency phishes take place: Airdrop phishing. Rogue cryptocurrency billboards: A growing trend?

GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. 13, with an attack on cryptocurrency trading platform liquid.com.

Hackers Targeting WebLogic Servers and Docker APIs for Mining Cryptocurrencies

The Hacker News

Malicious actors such as Kinsing are taking advantage of both recently disclosed and older security flaws in Oracle WebLogic Server to deliver cryptocurrency-mining malware.

Cryptocurrency Mining Campaign Goes Undetected Since 2019

Heimadal Security

An ongoing cryptocurrency mining campaign that developed undetected since 2019 has been attributed to a Turkish-speaking agent called Nitrokod. The post Cryptocurrency Mining Campaign Goes Undetected Since 2019 appeared first on Heimdal Security Blog.