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Pierluigi Paganini February 24, 2021
A Cryptomining botnet abuses Bitcoin blockchain transactions as C2 backup mechanism

Crooks are exploiting BTC blockchain transactions to hide backup command-and-control (C2) server addresses for a cryptomining botnet. Security experts from Akamai have spotted a new botnet used for illicit cryptocurrency mining activities that are abusing Bitcoin (BTC) transactions to implement a backup mechanism for C2.  This technique allows botnet operators to make their infrastructure resilient […]

Pierluigi Paganini November 06, 2020
US authorities behind $1 billion Bitcoin transaction of Silk Road funds

The United States announced the seizure of $1 billion worth of Bitcoin stolen by an individual from the Silk Road marketplace. On November 3, The United States this week announced that it has seized $1 billion worth of Bitcoin stolen by an individual from the Silk Road marketplace over half a decade ago. “The United […]

Pierluigi Paganini November 04, 2020
Someone emptied a $1 billion BitCoin wallet ahead of Presidential Election

Yesterday almost $1 billion worth of cryptocurrency contained in a password-protected BitCoin wallet was moved to another wallet. Ahead of the 2020 Presidential election a mysterious transaction was noticed by cyber security experts and researchers. Someone has transferred almost $1 billion worth of cryptocurrency contained in a password-protected BitCoin wallet to another wallet. It is […]

Pierluigi Paganini September 12, 2020
INVDoS, a severe DoS issue in Bitcoin core remained undisclosed for two years

The INVDoS (Bitcoin Inventory Out-of-Memory Denial-of-Service)Attack would have allowed hackers to crash Bitcoin nodes and alternative chains. Two years ago, the Bitcoin protocol engineer Braydon Fuller. discovered a major uncontrolled memory resource consumption denial-of-service vulnerability (INVDoS), tracked as CVE-2018-17145, that affected the peer-to-peer network code of three implementations of Bitcoin and other blockchains, including Litecoin, Namecoin, […]

Pierluigi Paganini July 16, 2020
Several High-Profile Twitter accounts hacked in a Bitcoin scam

The social media platform Twitter suffered one of the biggest cyberattacks in its history, multiple high-profile accounts were hacked. Social media platform Twitter has suffered one of the biggest cyberattacks in its history, hackers breached a number of high-profile accounts, including those of Barak Obama, US presidential candidate Joe Biden, Amazon CEO Jeff Bezos, Bill Gates, Elon […]

Pierluigi Paganini June 30, 2020
Personal data of thousands of users from the UK, Australia, South Africa, the US, Singapore exposed in bitcoin scam

Group-IB discovered thousands of personal records of users from multiple countries exposed in a targeted multi-stage bitcoin scam. Group-IB, a global threat hunting and intelligence company headquartered in Singapore, has discovered thousands of personal records of users from the UK, Australia, South Africa, the US, Singapore, Spain, Malaysia and other countries exposed in a targeted multi-stage […]

Pierluigi Paganini April 10, 2020
Hacker stole $250K from decentralized Bitcoin exchange Bisq

Cryptocurrency exchange Bisq stopped trading activities due to a cyberattack, crooks have stolen $250,000 worth of virtual currency from the company. The decentralized exchange (DEX) Bisq rang stopped trading activities late Tuesday night after it uncovered a critical security vulnerability that was exploited by a hacker to steal more than $250,000 worth of cryptocurrency from […]

Pierluigi Paganini February 14, 2020
Helix Bitcoin Mixer operator charged for laundering over $300M worth of Bitcoin

An American was charged with money laundering while operating the dark web Helix Bitcoin mixer service between 2014 and 2017. Larry Dean Harmon (36), from Akron, Ohio, was charged with laundering more than $310 million worth of Bitcoin while he was operating a Darknet-based cryptocurrency laundering service between 2014 and 2017. According to three-count indictment […]

Pierluigi Paganini February 09, 2020
Maastricht University finally paid a 30 bitcoin ransom to crooks

In December, Maastricht University was hit with ransomware attack, now the university admitted to have paid the ransom requested by crooks. In December 2019, Maastricht University (UM) announced that ransomware infected almost all of its Windows systems on December 23. Maastricht University is an excellent university attended by over 18,000 students, roughly 4,400 employees, and 70,000 alumni. “Maastricht […]

Pierluigi Paganini September 14, 2019
InnfiRAT Trojan steals funds from Bitcoin and Litecoin wallets

Researchers at Zscaler have spotted a new malware dubbed InnfiRAT that infects victims’ systems to steal cryptocurrency wallet data.  Researchers at Zscaler have discovered a new Trojan dubbed InnfiRAT that implements many standard Trojan capabilities along with the ability to steal cryptocurrency wallet data.  “As with just about every piece of malware, InnfiRAT is designed […]