Japan: Hacker Involved in 15 Mln Yen Crypto Theft Referred to Prosecutors

An 18-year-old cryptocurrency hacker was reportedly referred to prosecutors in the Japanese city of Utsunomiya for the theft of 15 million yen worth of cryptocurrency. An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing cryptocurrency, local news outlet Japan Today reported on March 14. The cybercriminal allegedly hacked Monappy, […]

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Expert: Renewable Energy Not Enough for Bitcoin’s Sustainability Problem

A PwC blockchain expert states that renewable energy is insufficient in addressing Bitcoin’s massive energy consumption. Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in a study published in sustainable energy journal Cell on March […]

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Report Shows Cryptojacking Is Prime Example of Shift Towards Discreet Cyberattacks

A recent report shows that cryptojacking is a prime example of cybercriminals’ shift to “low and slow” attack approaches. Cybercriminals are reportedly favoring unhurried approaches in attacks made for financial gains, with cryptojacking as a prime example of this shift. IT news website ComputerWorld reported on this development on March 14. Data released by cybersecurity […]

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