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Chainalysis reports a 20% drop in overall crypto crime in 2024, but stolen funds and ransomware incidents are surging. (Read More)
Six Malaysian nationals, including a couple, have been charged with kidnapping a Chinese citizen and demanding a ransom of $1 million in USDT.
Centralized exchanges are now prime targets, driving up stolen funds significantly wile ransomware attacks are on track to break records in 2024.
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.
Singapore police advised businesses against paying ransom to the bad actors in case of a compromise and asked them to report the incident to authorities immediately.
The updated version of the article is as follows: A Crypto entrepreneur who was abducted by unknown culprits has been released following a failed ransom attempt. The incident occurred on Saturday when the victim, a father, was reportedly taken from his home. The perpetrators demanded a ransom in exchange for his release, but their efforts [...]
A cryptocurrency entrepreneur who was kidnapped has been released after a ransom attempt. The individual, who remains unidentified, was taken by unknown assailants and held captive until a ransom was supposedly paid. The incident highlights the risks that individuals in the crypto industry may face, including potential threats to their personal safety. It serves as [...]
Ransomeware crisis deepens as Akira drains millions from 250 companies.
The world is embracing cryptocurrency, which has made various operations easy, fast, and safe. However, with all this, it’s important to successfully back up your crypto wallet in case it is lost, attacked, or damaged for any reason. Also, ransomware attacks are quite common, and knowing the steps to recover from them is vital. One […]
Learn how North Koreas Lazarus Group stole billions using phishing, malware, and social engineering.
Stablecoins now dominate 63% of illicit crypto transactions, surpassing Bitcoin as criminals exploit their speed and regulatory blind spots.
Anonymous callers placing fake bomb threats are trying to extort thousands of dollars in Bitcoin from employees of various retailers.
IoT ransomware attacks targeting home users can be considered more dangerous than traditional ransomware attacks, say cybersecurity experts.
A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year. Oregon Court Sentences Russian for Processing Ryuk Payments A Russian national
The post US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine appeared first on BTC Ethereum Crypto Currency Blog.
The hacker was allegedly involved with multiple ransomware strains that attacked police departments, hospitals, and the Colonial Pipeline.
Since December 2022, MortalKombat ransomware and Laplas Clipper malware threats have been searching the Internet for unsuspecting cryptocurrency investors. (Read More)
To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement.
The cybercrime group targeted infrastructure and persons of interest, encrypting their data and demanding cryptocurrency in exchange for decryption.
Federal prosecutors have taken down Hive, a notorious ransomware group, while preventing $130 million in demands from being paid.
Chainalysis acknowledged that the "true totals" of ransomware attacks could be much higher but victims are becoming less reluctant to pay up.
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