IRS gives Ukraine tools to expose Russian oligarchs hiding riches in crypto exchanges

The agency’s crime-fighting unit will provide licenses and training for a Chainalysis platform to track Russian oligarch’s assets in Ukraine.

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How unsecure actually is to store crypto currency seeds in cloud, provided that they are encrypted offline?

I have been studying about how to store crypto. seeds securely. Many people say the safest way is always use a HW wallet and nothing else, and always avoid cloud at any price.
However, I still think that the risk I would incur by storing s… Continue reading How unsecure actually is to store crypto currency seeds in cloud, provided that they are encrypted offline?

Seized: 9 Crypto Laundering Sites Used by Ransomware Gangs

By Deeba Ahmed
International cooperation between the Ukrainian Cyber and National Police, the FBI, and the Department of Justice has led to the seizure of cybercriminals’ cryptocurrency laundering websites.
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This Bay Area prosecutor wants to help police nationwide take on ‘pig butchering’ scams

Santa Clara County Deputy District Attorney Erin West’s “Operation Shamrock” isn’t relying on luck to take down the worst criminals.

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Tactics that make crypto giveaway scams so successful

The illicit market for crypto giveaway scams has expanded, offering various services to facilitate fraudulent activity. The proliferation of fake crypto giveaways can be attributed to the increased availability of tools for scammers, even those with li… Continue reading Tactics that make crypto giveaway scams so successful

Can Zero-Knowledge Proofs Save Cryptocurrency?

Blockchain has transformed many industries, from healthcare to real estate to banking. But despite the “unhackable” hype, flaws in Blockchain technology undeniably weaken its goals of bringing greater security, transparency and privacy to the world. Between January and November 2022, hackers stole $4.3 billion worth of cryptocurrency — marking a 37% increase from 2021. It […]

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Major Hack Hits South Korean Exchange GDAC, $13.9M Stolen

By Waqas
The hack took place on April 9, 2023, in which hackers gained control of some of the exchange’s hot wallets.
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