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Incognito Darknet Market Mass-Extorts Buyers, Sellers

Krebs on Security

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. “And yes, this is an extortion!!!!

Marketing 283
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Nick Weaver on Regulating Cryptocurrency

Schneier on Security

Nicholas Weaver wrote an excellent paper on the problems of cryptocurrencies and the need to regulate the space—with all existing regulations. As such, the cryptocurrency space has grown over the past decade with very little regulatory oversight. When regulating cryptocurrencies, the best starting point is history.

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German police seized the dark web marketplace Kingdom Market

Security Affairs

The German police seized the dark web marketplace Kingdom Market as a result of an international law enforcement operation. The Kingdom Market was established in March 2021, the offer of the dark web marketplace included drugs, malware, stolen data, and forged documents. ” states US court documents.

Marketing 107
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German police seized the darknet marketplace Nemesis Market

Security Affairs

The German police seized the infrastructure of the darknet marketplace Nemesis Market disrupting its operation. The law enforcement confiscated about 94,000 euros worth of cryptocurrencies. The Nemesis Market recently reached over 150,000 users and over 1,100 seller accounts registered worldwide.

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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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US sanctions crypto exchanges used by Russian darknet market, banks

Bleeping Computer

Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned three cryptocurrency exchanges for working with OFAC-designated Russian dark web markets and banks. [.]

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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. Separately, the U.S.