Tag: bitcoin
29 articles

Ransomware Groups Adopt Corporate Structure to Extort Victims
Meet Black Basta, a ransomware group that operated like a corporate powerhouse, launching attacks on 520 victims across 39 industries and raking in at least $107 million in bitcoin payments. With a structured team, set schedules, and outsourced tasks, this syndicate's business model was surprisingly sophisticated.

Algerian Man Charged with Running Cybercrime Marketplaces
Meet the Algerian man behind a daring cybercrime scheme that swindled hundreds of thousands of dollars from thousands of victims - all from the safety of his anonymous online hideout. He allegedly ran two illicit marketplaces, selling stolen bank account and credit card numbers, phishing kits, and other tools of financial fraud.

Evidence Mounts Against Adam Back as Satoshi Nakamoto
The mystery of Satoshi Nakamoto's true identity continues to unravel, with mounting evidence pointing to Adam Back as the creator of Bitcoin. But even expert cryptographer Bruce Schneier remains cautious, saying simply "I don't know" if the circumstantial evidence is enough to prove it.

Bitcoin Depot Suffers $3.6m Crypto Heist After System Breach
In a shocking turn of events, Bitcoin Depot fell victim to a cunning cyber-attack, allowing hackers to siphon off over 50 Bitcoin worth a staggering $3.66m from its internal systems. The breach has left the company scrambling to rebuild trust and protect its customers.

Rey Exclusive: Inside the Best Scattered Lapsus$ Admin
When a reporter called his father and unmasked Rey, the public face of Scattered LAPSUS$ Hunters, it upended a group built on anonymity and exposed how social‑engineering, account takeovers and micropaid crowds power a new, scalable extortion playbook. The fallout forces a rare reckoning about motive, accountability—and the practical fixes defenders and regulators can’t ignore.

Scattered Lapsus$ Hunters Reveal Exclusive Dangerous Shift
What happens when the gang you expected to fight splinters into thousands of anonymous, paid hands? Researchers warn that Scattered Lapsus$ Hunters are weaponizing tiny bitcoin bounties to crowdsource harassment, creating plausible deniability and a whole new kind of security nightmare.

Scattered Lapsus$ Hunters: Exclusive Alarming Tactic Shift
Scattered Lapsus$ Hunters are reportedly swapping big-data breaches for micropaid crowdsourcing: tiny Bitcoin bounties to many contributors to flood executives with calls, DMs and mentions. Its a cheap, scalable harassment‑for‑hire tactic that blurs into extortion and could leave platforms and regulators flat-footed.

Cryptocurrency ATMs: Risky Reality, Must-Have Alerts
Cryptocurrency ATMs offer quick, cash-to-crypto convenience—but their speed and perceived anonymity make them prime tools for scammers and regulatory headaches, so investors should scrutinize fees, compliance, and fraud controls before betting on the sector.

Scattered Lapsus$ Hunters: Risky Stunning Extortion
Believe it or not, a loose group offering just $10 in Bitcoin is recruiting crowds to harass executives — a novel, low-cost form of extortion that trades big payouts for mass nuisance and could be dangerously scalable.

seizure of cryptocurrency: Stunning Landmark Win
How did billions in Bitcoin slip through the cracks for seven years? The UK’s landmark seizure and Zhimin Qian’s guilty plea show how blockchain forensics plus old‑school detective work can upend crypto money‑laundering and reshape global enforcement and regulation.

Swedish municipalities Risky Ransomware: Stunning Alert
When a ransomware hit on vendor Miljödata silenced systems for roughly 200 Swedish municipalities and stalled services like waste collection and permitting, officials were forced to choose between a roughly $168K Bitcoin payout and messy recovery efforts. The episode shows how one compromised supplier can grind everyday public life to a halt—and why vendor security must be treated as core civic resilience, not optional overhead.

Embargo ransomware Shocking $34.2M Haul Exposed
TRM Labs revealed the Embargo ransomware gang has siphoned $34.2 million from victims—a stark reminder that our connected world can be exploited for huge profit. It’s time businesses, regulators, and users to boost defenses and work together to stop these crypto-enabled crimes.

$90M Stolen in Cyberattack on Iran’s Top Cryptocurrency Exchange
Iran’s top crypto exchange Nobitex just faced a staggering $90 million cyber heist, shaking trust in a platform many Iranians depend on for financial survival amid sanctions. What does this mean for the future of crypto security in a high-stakes, high-risk world?

Over 40 Malicious Firefox Extensions Target Cryptocurrency Wallets, Stealing User Assets
Discover how over 40 malicious Firefox extensions are targeting cryptocurrency wallets, leading to significant theft of user assets. Stay informed and secure.

Surge of Fraudulent Wallet Add-Ons Invades Firefox Store Targeting Crypto Users
Discover the rise of fraudulent wallet add-ons in the Firefox Store targeting crypto users, posing serious security threats and financial risks.

Europol Breaks Up $540 Million Crypto Fraud Ring, Five Arrested
Europol dismantles a $540 million cryptocurrency fraud ring, resulting in five arrests and a significant blow to cybercrime activities.

FBI Links Infamous IntelBroker to UK National Using Bitcoin Wallet Records
FBI connects notorious IntelBroker to UK national through Bitcoin wallet records, unveiling a significant cryptocurrency investigation.

New Method Discovered to Halt Cryptominer Campaigns with Bad Shares and XMRogue
New method unveiled to combat cryptominer campaigns using bad shares and XMRogue, enhancing security and efficiency in crypto mining operations.

US Seizes $225 Million in Cryptocurrency from Investment Fraud Schemes
US authorities confiscate $225 million in cryptocurrency linked to investment fraud schemes, targeting scams and protecting investors from losses.

Israeli Hacktivists Raid Iranian Crypto Firm, Seizing and Destroying Over $90 Million
Israeli hacktivists target an Iranian crypto firm, seizing and destroying over $90 million in assets, escalating cyber tensions between the nations.

X’s new ‘encrypted’ XChat feature seems no more secure than the failure that came before it
X’s new ‘encrypted’ XChat echoes past failures, promising privacy but delivering little in digital security.

Iranian Hacker Pleads Guilty in $19 Million Robbinhood Ransomware Attack on Baltimore
Iranian hacker pleads guilty in a $19M Baltimore ransomware attack targeting Robinhood, spotlighting escalating cybersecurity threats.

China Deploys AI Cloud into Orbit: 12 Satellites Now, 2,800 Planned for the Future
China launches AI Cloud into orbit with 12 satellites—2,800 more are planned, driving a new era in space tech and global connectivity.

SEC SIM-swapper who Googled ‘signs that the FBI is after you’ put behind bars
SEC SIM-swapper who googled “signs that the FBI is after you” is jailed. Discover his scam, the missed red flags, and swift law enforcement action.