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Bitcoin Traders Beware: Group of Robbers Gruesomely Torture Netherlands-Based Crypto Trader
It seems that each month a fresh story surrounding crypto-related scams and fraud surfaces, but the victims of these stories are typically isolated, and the scope of their victimhood is usually limited to financial losses. дальше »
2019-2-23 22:30 | |
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Extortionists Made $332,000 in Bitcoin Threatening to Leak Porn History
Cybercriminals have continued to be a menace all over the world. And while their victims keep finding better ways to protect themselves, the criminals invent a new way to breach the security protocols. дальше »
2019-2-23 00:57 | |
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The FBI Reaches out to BitConnect Victims as Investigation Trucks Along
The cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. дальше »
2019-2-21 12:18 | |
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FBI Seeks to Speak with Bitconnect Victims as Part of Investigation
The US Federal Bureau of Investigation is looking to speak to those investors burned by what has perhaps become the best known scam in cryptocurrency history, Bitconnect. The word Bitconnect is now synonymous with scams targeting the cryptocurrency community. дальше »
2019-2-21 02:00 | |
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[Breaking] Buy Bitcoin Service Coinmama Gets Hacked: 450,000 Emails Stolen and Passwords Compromised
A prolific hacker who has stolen hundreds of millions of user records from a variety of websites has struck again. The Coinmania cryptocurrency exchange said it was one of the victims of the latest hack of user information. дальше »
2019-2-16 06:37 | |
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How to help AI find human trafficking victims
For the ongoing series, Code Word, we’re exploring if — and how — technology can protect individuals against sexual assault and harassment, and how it can help and support survivors. You walk through the door and set your bags on the floor. дальше »
2019-2-12 20:00 | |
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Revealed: A Bitcoin Billionaire’s Shocking Plan to Revive Mt. Gox – Crypto’s Most Notorious Exchange
Brock Pierce wants to see balance in the world. He effects this vision in more ways than one. For starters, he says he “positively discriminates against people who need a hand up. ” But more importantly, he’s currently in the process of discriminating against himself in the settlement of the Mt. дальше »
2019-2-7 16:10 | |
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Ethereum (ETH)’s Average Number of New Daily Accounts Increases Despite Price Crash
The bear market has been very intense since last year and its grips seem to be tightening even now. Ethereum (ETH) has been one of the victims of this crash with a price crash from above $200 to the current just above $103. дальше »
2019-2-7 08:52 | |
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Hacker Gets 10 Years in First SIM-Swapping Sentencing in the U.S.
According to a recent report, Joel Ortiz, the 20-year-old student from Boston who was indicted by prosecutors in Santa Clara, California, has been sentenced to 10 years in prison in what is believed to be the very first SIM swapping conviction in the United States. дальше »
2019-2-6 01:17 | |
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XRP Price Loses the $0.29 Level as Bears March Ahead
Although it seemed as if Bitcoin was making some sort of recovery today, that positive momentum has evaporated once again. This also affects all other top markets. One of the first victims comes in the form of the XRP price, which has dropped below $0. дальше »
2019-1-30 00:12 | |
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Mt. Gox Trustee Wants Victims that Didn’t Submit Claims to File Their Requests
The trustee of the cryptocurrency exchange Mt. Gox wants to allow victims that didn’t submit their claims on time, to file their requests after the deadline. Mt. Gox was one of the largest Bitcoin exchanges back in 2013. дальше »
2019-1-26 17:01 | |
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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments
Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »
2019-1-23 00:57 | |
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Infamous Crypto SIM Swapping Con-Man Sued by One of Victims, Following Arrest of the Bitcoin Bandit
Nicolas Truglia has earned his place in the news lately for his theft of $1 million in digital assets, leading to an arrest. Newly released court documents show that one of his victims, Michael Terpin, is coming to get what is rightfully his, suing Truglia for $81 million. Terpin was one of the earliest investors […] дальше »
2019-1-18 19:11 | |
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Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle
Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register. дальше »
2019-1-17 16:45 | |
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Stablecoins take over as Cryptocurrency Market faces Sudden Crash. How long is it going to last?
The cryptocurrency market has seen a sudden dip today 10 January 2019. All top ten cryptocurrencies are victims and a look at the top 100 cryptocurrencies shows only two coins Aurora (AOA) and Maximine Coin (MXM) are in the greens. дальше »
2019-1-11 00:28 | |
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New StopSIMCrime Initiative Helps Victims Of SIM Swapping Scams, Pressures Telecom Giants To Protect Customers
Victims Of A SIM Swapping Scam Are Pressuring Telecommunications Giants To Protect Customers Cybercrime is one of the mediums of crime that has continued to climb over the course of 2017 & 2018. дальше »
2019-1-10 21:03 | |
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Beware of the BitMEX Trading bot Scam on Telegram
Even though Bitcoin has been around for over 10 years now, cryptocurrency scams are still claiming many victims. It is somewhat uncanny how easy it can be to trick people into giving up their credentials or funds in exchange for services they might not even need. дальше »
2019-1-8 06:07 | |
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Crypto-mining malware saw 4,000% increase in 2018
One of the most common hacks to punctuate the 2018 cryptocurrency media was illicit crypto-mining, also known as crypto-jacking, a recent report shows just how widespread it is becoming. According to the latest report from cyber security firm McAfee Labs, 2018 saw a 4000-percent increase in instances of crypto-mining malware. дальше »
2018-12-20 15:06 | |
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Giga Watt Crypto Assets Valued Between $10-50 Million vs $50,000 In New Bankruptcy Filing Update
Giga Watt Drastically Revises Company Assets As It Updates Bankruptcy Filing One of the latest victims of the Bitcoin bear market, a crypto mining U. S. -based company called Giga Watt, has decided to revise its bankruptcy filing. дальше »
2018-11-26 00:50 | |
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McAfee Labs discovers Russian malware mining Monero (XMR) and Zcash (ZEC)
McAfee Labs researchers have discovered new Russian malware, dubbed WebCobra, which harnesses victims’ computing power to mine Monero (XMR) and Zcash (ZEC). “Coin mining malware is difficult to detect. дальше »
2018-11-14 16:49 | |
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Bitcoin beats iTunes vouchers as preferred payment for Australian scammers
In what could be one of the strangest milestones in cryptocurrency history, Bitcoin is now the preferred payment method of Australian tax scammers, surpassing iTunes vouchers for the first time. дальше »
2018-11-14 13:02 | |
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Tron Partners With Binance to Support Flood Victims in Japan
Binance recently took a bold step to provide some financial support to victims of flood disaster in West Japan. But the cryptocurrency exchange did not go all alone in this act of charity, they were supported by one of the most bullish and controversial digital company, Tron. дальше »
2018-11-12 17:08 | |
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Investor Lawsuit Brought Against AT&T, T-Mobile for SIM Swapping Hacks
Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping. дальше »
2018-11-10 01:35 | |
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SamSam Group Disrupts American Organizations Through Targeted Ransomware Attacks
One of the more problematic trends over the past few years comes in the form of ransomware. It would appear one particular group, referred to as SamSam, is mainly intent on targeting potential victims in the United States. дальше »
2018-11-9 21:00 | |
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6 reasons why municipalities are getting hammered by cyberattacks
More and more municipalities are becoming victims of hacks. For example in the US, the first half of 2018 has seen many major (or not so major) cities being attacked by bad actors using a variety of methods. дальше »
2018-10-22 17:16 | |
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$11M Indian cryptocurrency scam investigation stalls as victims avoid testifying
It seems there’s news of a new cryptocurrency scam every week. Usually, as victims come forward the scam is revealed and the perpetrators get caught. However, one scam investigation in India has hit a dead end. дальше »
2018-10-16 15:47 | |
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AmaZix CMO Talks Bots Vs Scambots 2018 Cryptocurrency Trading Warfare
Bots Vs Scambots: 2018 Cryptocurrency Arms Race Since the existence of internet, there have been numerous scam bots reported, with the most notorious one being the infamous 419 Nigerian prince scam, which offered victims a large sum of money for covering the huge administration fees on international transfers for foreign dignitaries. With the emergence of […] дальше »
2018-10-8 21:41 | |
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Bitcoin Scam Results In A €31 Million Loss
One of the leading countries in the world, famous for the finest wines and cheeses, home of the Eiffel Tower, la France, has been in the news recently but not for the right reasons. The country hasn’t made a stance on where it’s at with cryptocurrency but some of its citizens have been victims of a recent Bitcoin scam according to a recent news report. дальше »
2018-10-8 16:30 | |
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Bitcoin Wallet Identifier Discovered in Fortnite Season 6 Hacks
Malwarebytes Labs recently discovered malware in one of the many Fortnite game hacks that enumerate victims’ Bitcoin wallets. The California-based IT security firm found the malware after riddling through many fake Fortnite hacks that sought users to participate in surveys or download suspected files. дальше »
2018-10-4 17:00 | |
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$300M Bitcoin Ponzi Scheme: Indian Scammers Face Justice
Money attracts thieves and masterminds of what could be the largest Bitcoin Ponzi scheme in history are facing justice. Vivek Bhardwaj, a software developer and brother of Gain Bitcoin founder and CEO Amit Bhardwaj, was brought to Delhi, India on Sept. дальше »
2018-9-24 21:30 | |
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Negotiating Bitcoin Ransomware With Cyber-Criminals as a Service
Despite oft-repeated advice to never pay in response to a ransomware attack, the reality is that this is not always a possibility. However, the desire to pay as little as possible has given rise to companies like Coveware. дальше »
2018-9-20 02:00 | |
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How Elon Musk Has Found A Solution In Dogecoin
Elon Musk, the mind behind Tesla and one of cryptos more outspoken celebrities. We know he’s well into cryptocurrency and as a result of this, Twitter scammers are finding it especially easy to rip off Musk’s Twitter account to run free Ethereum giveaways that in turn are actually scams designed to drain victims of their Ethereum, all under the guide of ‘Musk’. дальше »
2018-9-18 15:00 | |
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Crypto Wallet Protection App Wants to Secure Your Wallets Against Malware
Malware, a persistent thorn in the side of the internet’s wider community, has become an increasing concern for cryptocurrency users. A problem that comes in many forms, malicious software is leveraged by hackers to rob community members of their funds. дальше »
2018-9-18 23:37 | |
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Kim Nilsson Says Mt. Gox Creditor Payouts Could “Completely Crash the Market”?
Why Mt. Gox’s Payouts May ‘Completely Crash the Market’? Mt. Gox was one of the most important cryptocurrency exchanges in the world. The company was hacked for over 800,000 BTC and it was not able to give back to its users the funds they had. дальше »
2018-9-17 21:55 | |
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Sources Claims Mt. Gox’s 170,000 BTC Payout to Creditors may Crash the Market, How Possible?
Victims of Mt. Gox hack which led to loss of over 800,000 BTC can now heave a sigh of relief as the exchange has announced the commencement of its civil rehabilitation process. Mt. Gox is said to owe over 170,000 to creditors in BTC and BCH, payment of which one of Mt. дальше »
2018-9-17 18:27 | |
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Teen SIM Swapper Steals Over $1 Million in Cryptocurrencies
Police in Santa Clara, California, have arrested a 19-year-old SIM swapper who allegedly stole over $1 million in cryptocurrencies. One victim alleged that he lost $150,000 in crypto as a result of the SIM card fraud. дальше »
2018-8-25 22:15 | |
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A Guide to 99% Fault Tolerant Consensus
Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type). дальше »
2018-8-9 04:03 | |
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Research: More than 56% of all cryptocurrency crime happens in the US
The rate of cryptocurrency hacks is rapidly increasing. 720 accounts across every major exchange have been compromised — and a lot of it has to do with poor security setups, especially the lack of two-factor authentication (2FA). дальше »
2018-8-6 14:02 | |
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Gox Creditors Agree to $1.3Bil Repayment in BCH, BTC, No Altcoins, by Summer 2019
Mt. Gox, the defunct and disgraced bitcoin exchange (at one time the biggest in the world) is preparing a final chapter in a long, sorted ordeal. Creditors have coalesced around a repayment scheme to make victims whole. дальше »
2018-8-5 00:50 | |
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SIM Hijacking Spree Ravages 40 Cryptocurrency Investors, Over $5M Stolen
A brief series of cyber attacks recently led to the theft of an astoundingly large amount of cryptocurrency. The perpetrator, Joel Ortiz, broke into his victims’ cryptocurrency accounts and withdrew funds. дальше »
2018-8-3 04:47 | |
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SIM Hijacking Spree Ravages 40 Cryptocurrency Investors, Over $5M Stolen
A brief series of cyber attacks recently led to the theft of an astoundingly large amount of cryptocurrency. The perpetrator, Joel Ortiz, broke into his victims’ cryptocurrency accounts and withdrew funds. дальше »
2018-8-2 02:38 | |
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Indian Bitcoin Ponzi Kingpin Amit Bhardwaj, Offers Compensation To Victims
Amit Bhardwaj, the Ponzi scheme kingpin accused of scamming thousands by promising outlandish returns on investments in Bitcoins, has offered to pay back investors their initial investments in Indian rupees even as one of the country’s largest cryptocurrency exchanges, Zebpay, has been roped in to help with the investigation. What Was Bharadwaj's Ponzi Scheme? Over […] дальше »
2018-7-20 13:06 | |
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Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to Victims
The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments. дальше »
2018-7-19 05:30 | |
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Op Ed: Addressing the Threat of Cryptomining Malware
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »
2018-7-18 23:18 | |
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Rakhni Malware Re-emerges With Cryptocurrency Coin Mining Addition
An old ransomware, indeed one of the first in the market, is trying to attack new victims as technology improves. Named Rakhni, the ransomware will be adding a crypto mining component that is able to be deployed on some computers. дальше »
2018-7-12 09:10 | |
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