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Tracking Stolen Cryptocurrencies

Schneier on Security

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

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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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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.

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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

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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?

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Open-source repository SourceHut to remove all cryptocurrency-related projects

Tech Republic Security

The post Open-source repository SourceHut to remove all cryptocurrency-related projects appeared first on TechRepublic. Innovation Open source Security blockchain cryptocurrency cryptocurrency scams sourcehut

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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

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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

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“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

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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.

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Cryptocurrencies: How have they influenced cybercrime?

Security Boulevard

Cryptocurrencies have now been around for over a decade. However, along with the rise in popularity of cryptocurrencies, there has also been a rise in the use of cryptocurrencies for cybercrime. The post Cryptocurrencies: How have they influenced cybercrime?

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Most Criminal Cryptocurrency Funnels Through Just 5 Exchanges

WIRED Threat Level

Security Security / Cyberattacks and Hacks Security / Security News Business / Blockchain and CryptocurrencyThe crypto money-laundering market is tighter than at any time in the past decade, and the few big players are moving a “shocking” amount of currency.

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The Five Ws of Cryptocurrency Fraud — and How We Can Stop It

Security Boulevard

Cryptocurrency is becoming mainstream—both as a digital currency and as a fraud target. More than 300 million people use crypto worldwide and 16% of Americans say they have invested in, traded or used cryptocurrency. The cryptocurrency industry has.

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Tips On Investing In Cryptocurrency [MUST READ]

SecureBlitz

In this post, I will show you tips on investing in cryptocurrency… Crypto assets have become the top option for financial investment lately. Investing in cryptocurrency is also connected with risks, […]. Tips & Hacks Cryptocurrency

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Microsoft: Hackers target cryptocurrency firms over Telegram

Bleeping Computer

Microsoft says that cryptocurrency investment companies have been targeted by a threat group it tracks as DEV-0139 via Telegram groups used to communicate with the firms' VIP customers. [.]. Security CryptoCurrency Microsoft

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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

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“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

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Decarbonizing Cryptocurrencies through Taxation

Schneier on Security

Maintaining bitcoin and other cryptocurrencies causes about 0.3 As many cryptocurrencies crash and the FTX bankruptcy moves into the litigation stage, regulators are likely to scrutinize the cryptocurrency world more than ever before.

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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?

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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!".

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BTC.com lost $3 million worth of cryptocurrency in cyberattack

Bleeping Computer

BTC.com, one of the world's largest cryptocurrency mining pools, announced it was the victim of a cyberattack that resulted in the theft of approximately $3 million worth of crypto assets belonging to both customers and the company. [.]. Security CryptoCurrency

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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

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MetaMask warns of new 'Address Poisoning' cryptocurrency scam

Bleeping Computer

Cryptocurrency wallet provider MetaMask is warning users of a new scam called 'Address Poisoning' used to trick users into sending funds to a scammer rather than an intended recipient. [.]. Security CryptoCurrency

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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

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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

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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

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Top 5 ways to protect against cryptocurrency scams

Tech Republic Security

As the use of cryptocurrency increases, so does the risk of being a target for scammers. Tom Merritt offers five tips for defending against cryptocurrency scams

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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.

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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

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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’?

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Botnet steals half a million dollars in cryptocurrency from victims

Tech Republic Security

The botnet uses a tactic called crypto clipping, which relies on malware to steal cryptocurrency during a transaction, says Check Point Research

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

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North Korea targeting blockchain, cryptocurrency companies

Tech Republic Security

An infamous North Korean state-sponsored threat actor is hitting several organizations in the blockchain and cryptocurrencies industries. The post North Korea targeting blockchain, cryptocurrency companies appeared first on TechRepublic.

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SIM swapper sent to prison for 2FA cryptocurrency heist of over $20m

Naked Security

Cryptocurrency Law & order 2FA Cybercrime password sim swapGuilty party got 18 months, also has to pay back $20m he probably hasn't got, which could land him in more hot water.

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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.

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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.

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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.

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Flashpoint Year In Review: 2022 Cryptocurrency Threat Landscape

Security Boulevard

Throughout 2022, threat actors committed fraud targeting cryptocurrency entities, investors, and users. The post Flashpoint Year In Review: 2022 Cryptocurrency Threat Landscape appeared first on Flashpoint.

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Bitzlato cryptocurrency exchange shut down by authorities, accused of cybercriminal links

Graham Cluley

The Bitzlato cryptocurrency exchange has had its website seized by the authorities, after its Russian founder was charged with processing more than US $700m worth of "dirty money" on behalf of criminals. Law & order cryptocurrency hydra

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FBI: Beware of Scam Cryptocurrency Investment Apps

Dark Reading

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

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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

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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.

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FBI warns of "Pig Butchering" cryptocurrency investment schemes

Bleeping Computer

The Federal Bureau of Investigation (FBI) warns of a rise in 'Pig Butchering' cryptocurrency scams used to steal ever-increasing amounts of crypto from unsuspecting investors. [.]. Security CryptoCurrency