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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.
According to Wired , Signal is adding support for the cryptocurrency MobileCoin, “a form of digital cash designed to work efficiently on mobile devices while protecting users’ privacy and even their anonymity.” End-to-end encryption is already at risk. ” I think this is an incredibly bad idea.
Nicholas Weaver wrote an excellent paper on the problems of cryptocurrencies and the need to regulate the space—with all existing regulations. As such, the cryptocurrency space has grown over the past decade with very little regulatory oversight. When regulating cryptocurrencies, the best starting point is history.
Stewart Baker discusses why the industry-norm responsible disclosure for software vulnerabilities fails for cryptocurrency software. Why can’t the cryptocurrency industry solve the problem the way the software and hardware industries do, by patching and updating security as flaws are found?
Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy
Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care? With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.
As the use of cryptocurrency increases, so does the risk of being a target for scammers. Tom Merritt offers five tips for defending against cryptocurrency scams.
A critical vulnerability in Aviatrix Controller is actively exploited to deploy backdoors and cryptocurrency miners in the wild. The Wiz Incident Response team reported that threat actors are exploiting the flaw in attacks in the wild to deploy backdoors and cryptocurrency miners. ” reads the advisory published by Wiz.
Also including blockchain-related projects in the ban, SourceHut's creator said the technology is associated with fraudulent activities and high-risk investments. The post Open-source repository SourceHut to remove all cryptocurrency-related projects appeared first on TechRepublic.
billion in cryptocurrency was stolen by criminals in 2020, a recent report by Finaria reveals. Now, crypto trading bots have become popular in the cryptocurrency world: software that automatically trades on exchanges on your behalf. This blog was written by an independent guest blogger. A staggering $1.9 Read full post.
First, any funds (ETH coins and ERC0-based tokens) managed directly inside the extension are at risk. Second, the extension also actively injects malicious JavaScript code when users navigate to five well-known and popular cryptocurrency management platforms. tk third-party website.
In a disturbing revelation from SentinelLabs, North Korean-affiliated threat actors, suspected to be linked to the notorious BlueNoroff APT, are actively targeting cryptocurrency businesses and macOS users.
As the use of cryptocurrency increases, so does the risk of being a target for scammers. Tom Merritt offers five tips for defending against cryptocurrency scams.
As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.
We were alerted to Mac and Windows stealers currently distributed via Reddit posts targeting users engaging in cryptocurrency trading. These two malware families have wreaked havoc, pillaging victims’ personal data and enabling their distributors to make substantial gains, mostly by taking over cryptocurrency wallets.
Shashanka Dr. Madhu Shashanka , Chief Data Scientist, Concentric AI Generative AI in 2025 will bring transformative opportunities but heightened cybersecurity risks, including data exposure, AI misuse, and novel threats like prompt injection attacks. Organizations face rising risks of AI-driven social engineering and personal device breaches.
A new dark web service is marketing to cybercriminals who are curious to see how their various cryptocurrency holdings and transactions may be linked to known criminal activity. Come check out Antinalysis, the new address risk analyzer,” reads the service’s announcement, pointing to a link only accessible via ToR.
It emerged alongside the explosion of Web3/NFT/cryptocurrency popularity, and ensures scammers get a slice of the money pie. The Airdrops of the moment are promotional tactics aimed at cryptocurrency/Web3 people. Airdrop phish pages try to ensnare as many cryptocurrency users as possible. Nobody should ever be asking for that.
The dangers of cryptocurrency phishing are back in the news, after tech investor Mark Cuban was reported to have lost around $870k via a phishing link. Fake tools and websites for cryptocurrency are common. You’re handing the scammer the keys to your cryptocurrency kingdom. Thanks to Jerome for finding this.
The Federal Bureau of Investigation (FBI) issued a public service announcement warning the public about scammers impersonating cryptocurrency exchange employees to steal funds. With cryptocurrency exchanges, this is often not true. Some crypto-related scams often deploy imposter websites which are hard to discern from the real ones.
They can also steal personal data, banking details, cryptocurrency info, emails, and passwords by scraping the files the users upload. The FBI Denver Field Office advises staying cautious online, being aware of potential risks, and keeping antivirus software updated to scan files before opening them. The FBI urges reporting to IC3.gov.
A long-standing security risk According to Trend Micro's Zero Day Initiative (ZDI) , the flaw has been present for at least eight years and remains unpatched by Microsoft. These groups are using the exploit to conduct cyber espionage and financial crimes, particularly targeting cryptocurrency platforms and sensitive government data.
Since then, a steady trickle of six-figure cryptocurrency heists targeting security-conscious people throughout the tech industry has led some security experts to conclude that crooks likely have succeeded at cracking open some of the stolen LastPass vaults. “The victim profile remains the most striking thing,” Monahan wrote.
Cryptocurrency is becoming mainstream—both as a digital currency and as a fraud target. More than 300 million people use crypto worldwide and 16% of Americans say they have invested in, traded or used cryptocurrency. Meanwhile, cryptocurrency hacks are on the rise, with more than $1 billion stolen so far this year.
The Wiz Incident Response team reported that threat actors are exploiting the flaw in attacks in the wild to deploy backdoors and cryptocurrency miners. In AWS, Aviatrix Controllers default privilege escalation amplifies the risk of exploitation, enabling cryptojacking and backdoor attacks, per Wiz Research.
Cryptocurrency owners should take heed of warnings related to Xenomorph malware—Bleeping Computer reports that the most recent version of Xenomorph now targets various cryptocurrency wallets using fake browser update messaging as bait. At this point, Xenomorph deploys its most favoured tactic: That of the bogus overlay.
Less data means less risk for everyone. The use of dead drops also significantly reduces the risk of the merchant to be discovered by tracking within the postal system. Cryptocurrencies are still the main means of payment, but due to the higher customer-binding, and vetting process by the merchant, escrows are seldom employed.
Also, we have previously reported on cryptocurrency-focused BlueNoroff attacks. It appears that BlueNoroff shifted focus from hitting banks and SWIFT-connected servers to solely cryptocurrency businesses as the main source of the group’s illegal income. Malware infection. cmd.exe /c “mkdir %public%MM >%temp%TMPF522.tmp
Microsoft warns that threat actors are using OAuth applications cryptocurrency mining campaigns and phishing attacks. Threat actors are using OAuth applications such as an automation tool in cryptocurrency mining campaigns and other financially motivated attacks. ” states Microsoft.
It specializes in stealing credentials stored in most browsers, session cookie theft for platforms like Discord and Steam, and information theft related to cryptocurrency wallets. We don’t just report on threats – we help protect your social media Cybersecurity risks should never spread beyond a headline. fr leyamor[.]com
“They discovered the victims all had something else in common: Each had at one point stored their cryptocurrency seed phrase the secret code that lets anyone gain access to your cryptocurrency holdings in the Secure Notes area of their LastPass account prior to the 2022 breaches at the company. ” reported KrebsOnSecurity.
government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX , which had just filed for bankruptcy on that same day. A graphic illustrating the flow of more than $400 million in cryptocurrencies stolen from FTX on Nov. 11-12, 2022.
A dangerous new malware named Planet Stealer is making its rounds in the cybercriminal underworld, and security experts warn that your passwords, cryptocurrency wallets, and other sensitive information could be in its sights.
AMLBot , a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems.
This involved using an “unsecured group email account as the root user to access confidential private keys and critically sensitive data for the FTX Group companies around the world…” About $740 million in cryptocurrency has been placed into new cold wallets. One way is through hijacking computer resources to mine cryptocurrencies.
Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency. “Targeting of Cryptocurrency Users and Influencers: Crazy Evil explicitly victimizes the cryptocurrency space with bespoke spearphishing lures.”
Once the victim places enough trust in the scammer, they bring the victim into a cryptocurrency investment scheme. They are also forced to engage in a wide range of malicious activities that can involve cryptocurrency and gambling, or they can be tasked to carry out impersonation scams.
CISA adds Windows and Qualcomm bugs to its Known Exploited Vulnerabilities catalog Three new Ivanti CSA zero-day actively exploited in attacks Ukrainian national pleads guilty in U.S.
Chinese threat actors use Quad7 botnet in password-spray attacks FBI arrested former Disney World employee for hacking computer menus and mislabeling allergy info Sophos details five years of China-linked threat actors’ activity targeting network devices worldwide PTZOptics cameras zero-days actively exploited in the wild New LightSpy spyware (..)
On February 21, 2025, the cryptocurrency world was rocked by the largest crypto heist in history. billion theft from Bybit is set to drastically reshape the cryptocurrency sector, most likely leading to a new era of regulatory scrutiny and security practices. billion in crypto assets.
The Tor Project removed several relays that were used as part of a cryptocurrency scheme and represented a threat to the users. The Tor Project announced the removal of multiple network relays that were involved in a cryptocurrency scheme. ” reads the announcement published by the Tor Project.
Malwarebytes blocked the domain for fraud To fully understand the message, it’s good to know that USTD stands for Tether , a cryptocurrency referred to as a stablecoin because its value is pegged to a flat currency. We don’t just report on threats—we remove them Cybersecurity risks should never spread beyond a headline.
While cryptocurrencies have been celebrated for their potential to revolutionize finance, their anonymous nature has also been exploited for illicit activities. From drug dealing and arms trafficking to funding terrorism, black market activities have thrived under the cloak of cryptocurrency’s pseudonymity.
Also known as “ Assad Faiq” and “ The Godfather ,” Iza is the 30-something founder of a cryptocurrency investment platform called Zort that advertised the ability to make smart trades based on artificial intelligence technology. cryptocurrency holdings online. I pay him 280k a month for complete resources.
The main purpose of the malware that is dropped by the Satacom downloader is to steal BTC from the victim’s account by performing web injections into targeted cryptocurrency websites. Threat actor’s BTC wallet address To get hold of the victim’s cryptocurrency, the threat actors use web injects on the targeted websites.
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