Here is how crypto fraudsters’ new favorite scheme works. On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime. As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight… Continue reading SIM Swapping Becomes Increasingly Popular in California, Police Make It “High Priority”
Category: Hackers
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Report: Google G Suite Twitter Account Compromised to Promote 10,000 Bitcoin Scam
The Twitter account of Google’s G Suite was reportedly breached to advertise a 10,000 Bitcoin giveaway scam. The official Twitter account of Google’s G Suite was reportedly compromised to promote a Bitcoin (BTC) giveaway scam, technology and business news outlet the Next Web reported Nov. 13. The G Suite Twitter account was reportedly hacked to… Continue reading Report: Google G Suite Twitter Account Compromised to Promote 10,000 Bitcoin Scam
Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto
Bitman sues unknown hacker who allegedly stole $5.5 million worth of crypto by using Binance and Bittrex wallets for manipulation of MANA token. China-based Bitcoin (BTC) mining giant Bitmain has sued an anonymous hacker for the alleged theft of cryptocurrency worth $5.5 million from Bitmain’s account on Binance in April, according to a lawsuit filed… Continue reading Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto
Hackers Breach Smart Contract on Ethereum-Based Adult Entertainment Platform SpankChain
Blockchain-based adult entertainment platform SpankChain lost $38,000 in ETH in a hack of its payment channel smart contract. Ethereum-based adult entertainment platform SpankChain has suffered a smart contract security breach that led to loss of around $38,000, the firm reported on its Medium page Oct. 9. The hack, which purportedly took place Oct. 6, was… Continue reading Hackers Breach Smart Contract on Ethereum-Based Adult Entertainment Platform SpankChain
Report: Number of Compromised Routers in India Doubled, Reaching Almost 30,000
Cybersecurity firm Banbreach reports that nearly 30,000 routers in India are infected with cryptojacking software. A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard… Continue reading Report: Number of Compromised Routers in India Doubled, Reaching Almost 30,000
Crypto Behind Bars: Arrests Making Headlines Across the Globe
From soap actors to former lawmakers, Cointelegraph takes stock of some of the most illustrious arrests of the figures behind crypto’s high crimes and misdemeanours this year. Gone are the days when shady dealings in crypto were perceived as immune to the clutches of law enforcement. Illicit crypto proceeds can be shuttled between wallet addresses… Continue reading Crypto Behind Bars: Arrests Making Headlines Across the Globe
Monero Developers Have Patched the ‘Burning Bug’
Monero devs have created a patch for a bug that could allow an attacker to burn consumers’ funds and trigger significant damage. The developers of open-source cryptocurrency Monero (XMR) have patched a bug that could allow an attacker to “burn” the funds of an organization’s wallet while only losing network transaction fees, according to an… Continue reading Monero Developers Have Patched the ‘Burning Bug’