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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. Green writes: “I have no problem with the idea of legislators (intelligently) passing laws to regulate cryptocurrency. ” I have yet to see one.

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An Interview With the Target & Home Depot Hacker

Krebs on Security

Shefel confirmed he indeed went by the Rescator identity for several years, and that he did operate a slew of websites between 2013 and 2015 that sold payment card data stolen from Target, Home Depot and a number of other nationwide retail chains. “Hi, how are you?” ” he inquired. “Maybe we can open business?

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Norton 360 Now Comes With a Cryptominer

Krebs on Security

Norton 360 , one of the most popular antivirus products on the market today, has installed a cryptocurrency mining program on its customers’ computers. According to the FAQ posted on its site , “ Norton Crypto ” will mine Ethereum (ETH) cryptocurrency while the customer’s computer is idle.

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U.S. Indicts 2 Top Russian Hackers, Sanctions Cryptex

Krebs on Security

The government also indicted and sanctioned a top Russian cybercriminal known as Taleon , whose cryptocurrency exchange Cryptex has evolved into one of Russia’s most active money laundering networks. A 2016 screen shot of the Joker’s Stash homepage. The links have been redacted. A screenshot of a website reviewing PM2BTC.

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Arrests in $400M SIM-Swap Tied to Heist at FTX?

Krebs on Security

government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX , which had just filed for bankruptcy on that same day. A graphic illustrating the flow of more than $400 million in cryptocurrencies stolen from FTX on Nov. 11-12, 2022.

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Hackers stole $60 Million worth of cryptocurrencies from Japanese Zaif exchange

Security Affairs

billion yen ($60 million) worth of cryptocurrencies from the Japanese digital currency exchange Zaif exchange. a Japanese cryptocurrency firm, hackers have compromised its Zaif exchange and have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies, including Bitcoin, Monacoin, and Bitcoin Cash. Pierluigi Paganini.

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Decoding Security 124: Cryptocurrency 101

SiteLock

Many consider cryptocurrency to be the future of money since it eliminates disclosing personal financial information when purchasing goods and services online. Security Analysts Jessica Ortega and Ramuel Gall highlight information you need to know about cryptocurrency and cryptojacking as you listen in this week. Be sure to tune in!