Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019: Study

Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019, according to a CipherTrace report. Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019.  Blockchain security company CipherTrace gave its summary crypto-related theft in its Anti-Money Laundering report that it shared with Cointelegraph on […]

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Litecoin Founder Charlie Lee Addresses Project Abandonment Allegations

Litecoin development is active and progressing despite recent allegations, according to Litecoin founder Charlie Lee. Litecoin (LTC) founder Charlie Lee has addressed recent project abandonment allegations. In a series of tweets published on Aug. 10, Litecoin founder Charlie Lee addressed allegations that Litecoin did not have further plans for the coming year: “Recently there’s been […]

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Crypto Exchange Binance Points out a Dusting Attack Against Litecoin

A dusting attack has been carried against Litecoin users, according to crypto exchange Binance. Cryptocurrency exchange Binance claims that a dusting attack against fourth-biggest altcoin, Litecoin (LTC). A large scale attack against privacy The official Twitter exchange of cryptocurrency exchange Binance claimed that a major attack against users of altcoin Litecoin took place yesterday. The […]

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BTC-e’s Vinnik Case Drags on as New Accusations Continue Emerging

Vinnik appears to be a “strategic intellectual resource” following extradition requests from multiple countries and alleged ties to an elite Russian cyber-espionage unit. On July 25, 2019, United States prosecutors filed a complaint against the defunct cryptocurrency exchange BTC-e and its alleged former operator, Alexander Vinnik. The indictment was filed nearly 24 months after Vinnik […]

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Chinese Gov’t Hackers Are Targeting Crypto Companies: Report

Chinese state hackers attack cryptocurrency and video game enterprises, cybersecurity company FireEye claims. Chinese state hackers are performing attacks against cryptocurrency and video game enterprises, cybersecurity company FireEye claims in a report published on Aug. 2. Chinese government facilitating hacking operations Per the report, Chinese state espionage cyber unit APT41 “targets industries in a manner […]

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