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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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How BRICS Got “Rug Pulled” – Cryptocurrency Counterfeiting is on the Rise

Security Affairs

Resecurity has identified an increasing trend of cryptocurrency counterfeiting, the experts found several tokens impersonating major brands, government organizations and national fiat currencies. Resecurity has identified an increasing trend of cryptocurrency counterfeiting.

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Ukraine President enforces Information Security Strategy

CyberSecurity Insiders

Amid extreme concerns related to cyber warfare from Russia, Ukraine’s President Volodymyr Zelensky announced a new information security strategy policy was launched and came into effect early this week. The post Ukraine President enforces Information Security Strategy appeared first on Cybersecurity Insiders.

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Crooks hacked Mandiant X account to push cryptocurrency scam

Security Affairs

The X account of cybersecurity giant Mandiant was hacked, attackers used it to impersonate the Phantom crypto wallet and push a cryptocurrency scam. Crooks hacked the X account of cybersecurity firm Mandiant and used it to impersonate the Phantom crypto platform and share a cryptocurrency scam.

Scams 113
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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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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. This is currently the biggest cryptocurrency theft reported from one person.”