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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.

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Six Charged in Mass Takedown of DDoS-for-Hire Sites

Krebs on Security

Department of Justice (DOJ) today seized four-dozen domains that sold “booter” or “stresser” services — businesses that make it easy and cheap for even non-technical users to launch powerful Distributed Denial of Service (DDoS) attacks designed knock targets offline. The DOJ also charged six U.S.

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Feds Take Down 13 More DDoS-for-Hire Services

Krebs on Security

Federal Bureau of Investigation (FBI) this week seized 13 domain names connected to “ booter ” services that let paying customers launch crippling distributed denial-of-service (DDoS) attacks. Ten of the domains are reincarnations of DDoS-for-hire services the FBI seized in December 2022, when it charged six U.S.

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DDoS attack takes down EXMO cryptocurrency exchange servers

Bleeping Computer

The servers of British cryptocurrency exchange EXMO were taken offline temporarily after being targeted in a distributed denial-of-service (DDoS) attack. [.].

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15.3 Million Request-Per-Second DDoS Attack

Schneier on Security

Cloudflare is reporting a large DDoS attack against an unnamed company “operating a crypto launchpad.” HTTPS DDoS attacks are more expensive in terms of required computational resources because of the higher cost of establishing a secure TLS encrypted connection.

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DDoS attacks in Q4 2020

SecureList

While the resource was down, cryptocurrency newbies were invited to download a copy of Bitcoin Core via a torrenting service. Cybercriminals used the names of well-known APT groups to intimidate victims, demanded ransoms in cryptocurrency, and carried out demonstration attacks to back up their threats.

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Silence Hacking Crew threatens Australian banks of DDoS attacks

Security Affairs

DDoS extortionists are blackmailing Australian banks asking for payments of large sums in Monero cryptocurrency threatening DDoS attacks. Cybercriminals are threatening Australian banks of DDoS attacks if they will not pay large sums in Monero cryptocurrency. SecurityAffairs – hacking, DDoS).

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