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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.

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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are an complete and total disaster, and urging them to regulate the space. Nothing in that letter is out of the ordinary, and is in line with what I wrote about blockchain in 2019. But the core technology is absolutely not useless.

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. 2019 that wasn’t discovered until April 2020. 13, with an attack on cryptocurrency trading platform liquid.com. This latest campaign appears to have begun on or around Nov.

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Cryptocurrency Mining Campaign Goes Undetected Since 2019

Heimadal Security

An ongoing cryptocurrency mining campaign that developed undetected since 2019 has been attributed to a Turkish-speaking agent called Nitrokod. The post Cryptocurrency Mining Campaign Goes Undetected Since 2019 appeared first on Heimdal Security Blog. A list of countries affected includes the […].

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Ransomware Profitability

Schneier on Security

Analyzing cryptocurrency data, a research group has estimated a lower-bound on 2020 ransomware revenue: $350 million, four times more than in 2019.

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Alleged Co-Founder of Garantex Arrested in India

Krebs on Security

Authorities in India today arrested the alleged co-founder of Garantex , a cryptocurrency exchange sanctioned by the U.S. Launched in 2019, Garantex was first sanctioned by the U.S. government in 2022 for facilitating tens of billions of dollars in money laundering by transnational criminal and cybercriminal organizations.

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CoinHive Cryptocurrency Mining Service will shut down on March 8, 2019

Security Affairs

The popular in-browser cryptocurrency mining service Coinhive has announced that it will shut down on March 8, 2019. Security firms spotted several hacking campaigns aimed at compromising websites to install JavaScript-based Monero (XMR) cryptocurrency mining scripts and monetize their efforts. Pierluigi Paganini.