6M Bitcoin Are Secured By Shared Custody

Almost one-third of the entire Bitcoin supply is secured with a feature that gained adoption after the Mt. Gox heist. Almost six million Bitcoins (BTC) are stored in multi-signature wallets — nearly one-third of the total supply. Prevents ‘Exit scams’ Bitcoin is generally secured with a combination of a public and private key. In order […]

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Crypto Ransom Amounts Skyrocketed 200% in 2019

A report from Crypsis Group revealed that threat actors have significantly escalated their tactical approaches in ransomware attacks. A study revealed by digital forensics firm, Crypsis Group, shows an actively growing trend in the ransoms demanded by ransomware attackers. Amounts sharply rose 200% from 2018 to 2019. According to the 2020 Incident Response and Data […]

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Singapore Sees 300% Yearly Spike in Q1 Cryptojacking Attacks Amid COVID-19

The first quarter of 2020 saw ransomware attacks targeting devices in Singapore spike by four-fold compared with last year. Data published by Russian cybersecurity firm Kaspersky indicates that Singapore has seen a significant increase in the prevalence of attempted cryptojacking attacks during the first quarter of 2020. Kaspersky estimates that 11,700 attacks were attempted on […]

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