The U.S. Department of Justice condemned James Zhong, a hacker who stole 50,000 bitcoins from the Silk Road dark net marketplace. The US Department of Justice announced that a man from Georgia, James Zhong, has pleaded guilty to wire fraud after stealing more than 50,000 bitcoins from the Silk Road. Zhong pled guilty to money […]
The U.S. Department of Treasury sanctioned cryptocurrency mixer Blender.io used by North Korea-linked Lazarus APT. The U.S. Department of Treasury sanctioned the cryptocurrency mixer Blender.io used by the North Korea-linked Lazarus APT to launder the funds stolen from Axie Infinity’s Ronin bridge. This is the first time ever, Treasury is sanctioning a virtual currency mixer. […]
The law enforcement seized $3.6 billion worth of cryptocurrency linked to the 2016 Bitfinex cryptocurrency exchange hack. Ilya Lichtenstein (34) and his wife, Heather Morgan (31), were arrested for alleged conspiracy to launder $4.5 Billion in stolen cryptocurrency stolen during the 2016 hack of Bitfinex. Law enforcement also seized over $3.6 billion in cryptocurrency linked to […]
LockBit ransomware gang claims to have stolen customers’ data from the PayBito crypto exchange. PayBito is a bitcoin and cryptocurrency exchange for major cryptocurrencies including Bitcoin Cash, Bitcoin, Ethereum, HCX, Litecoin, Ethereum Classic. The exchange is operated by global blockchain and IT services company HashCash. LockBit ransomware operators claim to have stolen customers’ data from the PayBito crypto exchange, […]
Taiwanese vendor QNAP warns customers of ongoing attacks targeting their NAS devices with cryptocurrency miners. Taiwanese vendor QNAP warns customers of threat actors targeting their NAS devices with cryptocurrency miners. Upon compromising the devices, the miner will create a new process named [oom_reaper] that allows threat actors to mine Bitcoin The above process could occupy […]
Darkside and BlackMatter ransomware operators have moved a large amount of their Bitcoin reserves after the recent shutdown of REvil’s infrastructure. The gangs behind the Darkside and BlackMatter ransomware operations have moved 107 BTC ($6.8 million) after the news of the recent shutdown of REvil’s infrastructure by law enforcement agencies. “The ransomware group REvil was […]
The price of Bitcoin falls after Elon Musk declared that its company, Tesla, may have sold holdings of the cryptocurrency We have a long-debated about the possibility that the Bitcoin price could be influenced by threat actors through 51% attacks, but recent events demonstrate that it could be easier to manipulate its value. A simple […]
QNAP is warning customers of a new piece of malware dubbed Dovecat that is targeting NAS devices to mine cryptocurrency. Taiwanese vendor QNAP has published a security advisory to warn customers of a new piece of malware named Dovecat that is targeting NAS devices. The malware was designed to abuse NAS resources and mine cryptocurrency. The malware […]
Russian citizen Alexander Vinnik was sentenced in Paris to five years in prison for money laundering and ordered to pay 100,000 euros in fines. Russian citizen Alexander Vinnik was sentenced in Paris to five years in prison for money laundering and ordered to pay 100,000 euros in fines. The man went on trial in Paris for having […]
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 […]