Tag: crypto
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Cybercriminal Arrested in Connection with SEC X Account Hack That Manipulated Bitcoin Market
The U.S. Department of Justice announced the arrest of Eric Council Jr., a 25-year-old from Athens, Alabama, for his alleged role in a cyberattack that rocked the cryptocurrency market earlier... First seen on securityonline.info Jump to article: securityonline.info/cybercriminal-arrested-in-connection-with-sec-x-account-hack-that-manipulated-bitcoin-market/
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IBM acquires Indian SaaS startup Prescinto to shine a light on renewable energy assets
Also: Crypto-hub Binance helps Delhi police shut down solar power scam First seen on theregister.com Jump to article: www.theregister.com/2024/10/16/ibm_aquires_prescinto/
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Fake crypto token leveraged by FBI in crypto fraud crackdown
First seen on scworld.com Jump to article: www.scworld.com/brief/fake-crypto-token-leveraged-by-fbi-in-crypto-fraud-crackdown
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DOJ Created NexFundAI Crypto Firm in Crypto Scamming Sting
Tags: cryptoThe DOJ created NexFundAI, a false cryptocurrency company and token, in a sting that nabbed 19 people and companies accused of scamming investors by falsely creating the illusion of activity around their crypto and then selling at the inflated price in what investigators call “pump and dump” and “market maker” schemes. First seen on securityboulevard.com…
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THN Cybersecurity Recap: Top Threats, Tools and Trends (Oct 7 – Oct 13)
Hey there, it’s your weekly dose of “what the heck is going on in cybersecurity land” and trust me, you NEED to be in the loop this time. We’ve got everything from zero-day exploits and AI gone rogue to the FBI playing crypto kingpin it’s full of stuff they don’t 🤫 want you to know.So…
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Crypto-apocalypse soon? Chinese researchers find a potential quantum attack on classical encryption
With an off-the-shelf D-Wave machine First seen on theregister.com Jump to article: www.theregister.com/2024/10/14/china_quantum_attack/
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18 Individuals Charged for Widespread Manipulation Cryptocurrency Markets
18 individuals and entities have been charged with widespread fraud and manipulation within the cryptocurrency markets. The charges, unsealed in Boston, target leaders of four cryptocurrency companies, four financial services firms known as >>market makers,
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SECURITY AFFAIRS MALWARE NEWSLETTER ROUND 15
Security Affairs Malware newsletter includes a collection of the best articles and research on malware in the international landscape. Security Affairs Malware newsletter includes a collection of the best articles and research on malware in the international landscape. Over 300,000! GorillaBot: The New King of DDoS Attacks Hidden cryptocurrency mining and theft campaign affected over…
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The FBI Made a Crypto Coin Just to Catch Fraudsters
Plus: New details emerge in the National Public Data breach, Discord gets blocked in Russia and Turkey over alleged illegal activity on the platform, and more. First seen on wired.com Jump to article: www.wired.com/story/fbi-cryptocurrency-pump-and-dump/
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FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation
The U.S. Department of Justice (DoJ) has announced arrests and charges against several individuals and entities in connection with allegedly manipulating digital asset markets as part of a widespread fraud operation.The law enforcement action codenamed Operation Token Mirrors is the result of the U.S. Federal Bureau of Investigation (FBI) taking the “unprecedented step” of creating…
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DOJ Charges 18 in Cryptocurrency Fraud Case, Seizes Over $25 Million
The Department of Justice (DOJ) has unsealed charges against 18 individuals and entities for widespread fraud and market manipulation. The scheme, which involved cryptocurrency companies, market makers, and fraudulent trading... First seen on securityonline.info Jump to article: securityonline.info/doj-charges-18-in-cryptocurrency-fraud-case-seizes-over-25-million/
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Deepfakes Can Fool Facial Recognition on Crypto Exchanges
Creating new accounts under fake identities provides attackers with a way to launder money or commit fraud. First seen on techrepublic.com Jump to article: www.techrepublic.com/article/ai-deepfake-video-crypto-accounts/
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FBI Created A Cryptocurrency So It Could Watch It Being Abused
Tags: cryptoFirst seen on packetstormsecurity.com Jump to article: packetstormsecurity.com/news/view/36460/FBI-Created-A-Cryptocurrency-So-It-Could-Watch-It-Being-Abused.html
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Threat Actor ProKYC Selling Tools To Bypass Two-Factor Authentication
Threat actors are leveraging a newly discovered deepfake tool, ProKYC, to bypass two-factor authentication on cryptocurrency exchanges, which is designed specifically for NAF (New Account Fraud) attacks and can create verified but synthetic accounts by mimicking facial recognition authentication. By overcoming these security measures, threat actors can engage in money laundering, create mule accounts, and…
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FBI created a cryptocurrency so it could watch it being abused
Tags: cryptoIt worked alleged pump and dump schemers arrested in UK, US and Portugal this week First seen on theregister.com Jump to article: www.theregister.com/2024/10/11/fbi_nexfundai_crypto_fraud_sting/
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Massive crypto-stealing malware operation hits Eurasia
First seen on scworld.com Jump to article: www.scworld.com/brief/massive-crypto-stealing-malware-operation-hits-eurasia
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Cryptohack Roundup: Australia Nabs Crypto in Ghost Takedown
Also: Taiwan AML Rules, IcomTech Sentencing. This week, Australia seized crypto from alleged Ghost mastermind, Taiwan drafts new AML rules, IcomTech founder sentenced, U.S. looks to recover stolen crypto, EigenLayer’s erroneous fund transfer, FTX’s bankruptcy plan approved, Bitfinex hack update and regulatory push for a lawsuit against Nvidia. First seen on govinfosecurity.com Jump to article:…
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US Charges 3 Companies, 15 People With Cryptocurrency Fraud
First seen on packetstormsecurity.com Jump to article: packetstormsecurity.com/news/view/36459/US-Charges-3-Companies-15-People-With-Cryptocurrency-Fraud.html
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Nearly 100 arrested in Russian crypto exchange crackdown
First seen on scworld.com Jump to article: www.scworld.com/brief/nearly-100-arrested-in-russian-crypto-exchange-crackdown
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Crypto-stealing malware campaign infects 28,000 people
Over 28,000 people from Russia, Turkey, Ukraine, and other countries in the Eurasian region were impacted by a large-scale cryptocurrency-stealing malware campaign. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/cryptocurrency/crypto-stealing-malware-campaign-infects-28-000-people/
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New Crypto Trojan.AutoIt.1443 Hits 28,000 Users via Game Cheats, Office Tool
Trojan.AutoIt.1443 targets 28,000 users, spreading via game cheats and office tools. This cryptomining and cryptostealing malware bypasses antivirus… First seen on hackread.com Jump to article: hackread.com/trojan-autoit-1443-hits-users-game-cheats-office-tool/
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69,000 Bitcoins Are Headed for the US Treasury”, While the Agent Who Seized Them Is in Jail
Tags: cryptoThe $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US. The former IRS agent who seized the recording-breaking sum, meanwhile, languishes in a Nigerian jail cell. First seen on wired.com Jump to article: www.wired.com/story/4-4-billion-silk-road-bitcoin-tigran-gambaryan/
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Why 90-Day certificates, PQC, and crypto agility are more interconnected than you think
The shift to 90-day certificates, Post-Quantum Cryptography (PQC), and crypto agility are interconnected strategies for enhancing cybersecurity. Shortened certificate lifespans improve agility and readiness for PQC, ensuring a seamless transition to future quantum-safe encryption. These trends reflect a proactive approach to building a resilient and adaptable digital security infrastructure. First seen on securityboulevard.com Jump to…
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Two Crypto Exchanges Face US Sanctions For Money Laundering
Recent media reports have shed light on the US sanctions that were imposed on two crypto exchanges. In addition, the government also issued an indictment against a Russian national who was involved in money laundering crimes. In this article we’ll dive into the details of the sanctions and determine what these exchanges are, the details……
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UN Says Asian Cybercrime Cartels Are Rising Global Threat
Crime Syndicates Too Powerful for Regional Governments to Police, UN Report Warns. Cybercrime syndicates across Southeast Asia have teamed up with human traffickers, money launderers and cryptocurrency services to build an increasingly effective cybercrime ecosystem that can survive law enforcement crackdowns, according to a new United Nations report. First seen on govinfosecurity.com Jump to article:…
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Crypto scam attack impacts LEGO website
First seen on scworld.com Jump to article: www.scworld.com/brief/crypto-scam-attack-impacts-lego-website
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Die neuen PQC-Standards des NIST in drei Schritten zur quantensicheren Verschlüsselung
Vor wenigen Wochen hat das US-amerikanische National Institute of Standards and Technology (NIST) die ersten drei von insgesamt vier Post-Quantum-Krypto-Algorithmen finalisiert. Mit den Federal Information Processing Standards (FIPS) 203, 204 und 205 haben Unternehmen nun erstmals die Möglichkeit, ihre Verschlüsselungsverfahren so einzurichten, dass sie nachweislich quantensicher sind also auch in einer Post-Quantum-Welt […] First seen…
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Feds reach for sliver of crypto-cash nicked by North Korea’s notorious Lazarus Group
A couple million will do for a start “¦ but Kim’s crews are suspected of stealing much more First seen on theregister.com Jump to article: www.theregister.com/2024/10/08/us_lazarus_group_crypto_seizure/
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LEGO’s website hacked to push cryptocurrency scam
On Friday night, cryptocurrency scammers briefly hacked the LEGO website to promote a fake Lego token that could be purchased with Ethereum. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/legos-website-hacked-to-push-cryptocurrency-scam/
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DOJ Wants to Claw Back $2.67 Million Stolen by Lazarus Group
The DOJ wants to seize $2.67 million from the $69 million in crypto the North Korean-backed Lazarus Group stole in from the options exchange Deribit in 2022 and online gambling platform Stake.com last year. First seen on securityboulevard.com Jump to article: securityboulevard.com/2024/10/doj-wants-to-claw-back-2-67-million-stolen-by-lazarus-group/