Cryptocurrency markets have seen mixed signals, with most top coins recovering after yesterday’s dive and Bitcoin hovering around $3,900. Monday, Feb. 25 — cryptocurrency markets are seeing mixed signals as of press time, with some of them reporting a bit of recovery from the nosedive they took on Feb. 24, while others continue to slip […]
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A purported failure to update the EOS blacklist allowed an anonymous hacker to move 2.09 million EOS. An anonymous hacker managed to move 2.09 million EOS ($7.7 million) from a hacked account due to an alleged failed update by an EOS block producer (BP), according to a Telegram post by EOS block producer EOS42 on […]
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Crime trends in the cryptocurrency space are evolving, as criminals look for innovative ways to steal and launder stolen funds. Two prominent research papers have shed light on the latest crime trends affecting the cryptocurrency community over the past two years. Crypto analytics companies Chainalysis and CipherTrace released reports at the end of January that […]
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Israel-based crypto brokerage Coinmama has suffered a major data breach affecting 450,000 of its users. Israel-based crypto brokerage Coinmama — which allows users to purchase Bitcoin (BTC) and Ethereum (ETH) using a credit card — has suffered a major data breach affecting 450,000 of its users. The incident was disclosed in an official company announcement […]
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U.S.-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B round led by Accel, citing the stablecoin sector as a positive source of momentum. New York-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel, the company confirmed in a post […]
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SIM swapping has come into the spotlight in recent months after a number of high-profile arrests. Cryptocurrency crime trends have been in the spotlight in recent weeks, but SIM swapping has been strangely absent in a number of reports on 2018. Cryptocurrency analytics companies CipherTrace and Chainalysis released two different reports focusing on the major […]
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The modified Shellbot trojan is thought to have originated from a Romanian hacker collective. More cryptocurrency mining malware continues to target major corporations, hijacking victims to mine altcoin Monero (XMR), new research warned on Feb. 5. Findings from the Special Ops team at United States cybersecurity company JASK reveal a modified version of trojan Shellbot […]
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Users of digital currency wallets Electrum and MEW are purportedly facing phishing attacks attempting to steal their sensitive information. Users of cryptocurrency wallets Electrum and MyEtherWallet are currently facing phishing attacks, according to posts published on Reddit and Twitter on Feb. 4. A phishing attack is an attempt to obtain sensitive data like users’ personal […]
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Iran could soon release its state-backed coin, and Gemini announces it will complete further security compliance reviews. Top Stories This Week SWIFT Reveals Plans to Launch Proof-of-Concept With Blockchain Consortium R3 Major global banking payments network SWIFT announced plans this week to develop a Proof-of-Concept of a gateway that will let blockchain consortium R3 link […]
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20-year-old Joel Ortiz to serve 10 years in prison after pleading guilty to stealing $5 cryptocurrency with SIM swapping. After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of 10 years in prison as reported by Motherboard, a division of […]
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