Collaborate Disseminate
With only seven months left for nations to pass laws and virtual asset service providers (VASPs) to comply with the guidelines, the majority of cryptocurrency exchanges are not equipped to handle basic KYC, let alone comply with the stringent new funds… Continue reading 2019 experienced massive spate of crypto crimes, $4.4 billion to date
The official website of the Monero Project has been compromised to serve a malware-infected version of the CLI (command-line interface) wallet. The malicious file was available for download for around 14 hours and at least one of the users who download… Continue reading Monero Project site compromised, served malware-infected binaries
Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of the cybersecurity art, according to CipherTrace. Even Binance, the world’s numb… Continue reading Thefts from cryptocurrency exchanges continue despite increased security
There has been a major decline in ransomware and malware attacks, with Ireland having some of the lowest rates globally, according to the latest report released by Microsoft. This is a significant change from 2017, following a prolific series of attack… Continue reading Ransomware and malware attacks decline, attackers adopting covert tactics
There is a concerning trend of cross-border crypto payments leaving U.S. exchanges and entering offshore and untraceable wallets, a CipherTrace report reveals. In the twelve months ending March 2019, crypto transfers from U.S. exchanges to offshore exc… Continue reading A wave of regulation is coming to the cryptocurrency economy
Researchers at Independent Security Evaluators (ISE) have discovered 732 actively used private keys on the Ethereum blockchain. In their new study titled Ethercombing, ISE found that poorly implemented private key generation is also facilitating the th… Continue reading Research on private key generation reveals theft of ETH funds from accounts with discoverable keys
There is a direct correlation between cryptocurrency and DDoS attacks. As the price of cryptocurrency dropped in 2018, leading to decreased profits from cryptomining, hackers on the black market began to divert prime botnet resources to DDoS attack act… Continue reading The correlation between DDoS attacks and cryptomining
Today we have seen a big change in the plague of Blackmail, Sextortion Scam attempts we have all been seeing over the last few months and even years. The emails will all basically say that he has placed a keylogger on your computer and has evidence o… Continue reading Big change in the plague of Blackmail, Sextortion Scam attempts
The majority of organizations are overlooking the threat of shadow mining, with 65 percent of organizations unfamiliar with the term and more than half (57 percent) unfamiliar with the wider-but-related threat of cryptojacking. Cryptojacking is an exte… Continue reading What is shadow mining and why is it a security threat?
The one poignant lesson that crypto investors globally have learned over the years is that despite the immutable, impenetrable nature of the technology behind cryptocurrencies and blockchain, their crypto investments and transactions are not secure. 20… Continue reading Lessons learned from the many crypto hacks