Cryptocurrency Analysis and News Portal
New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest cryptocurrency crime analyses. Published on May 4, three installments of the firm’s new Crypto Crime Intelligence Briefs provide insights into the mechanisms and routes being used for illicit transactions in
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Several United States agencies issued what they call comprehensive guidance on North Korea’s cyber attacks, which have hacked cryptocurrency exchanges and used cryptojacking and ransomware to finance the regime.An international alertIn the April 15 advisory, the U.S. Treasury, Department of State, Department of Defense, and the FBI continue a
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Blockchain forensics firm CipherTrace has published a detailed analysis of how two Chinese nationals. associated with North Korea. laundered tens of millions of dollars worth of stolen cryptocurrency.The pair are believed to be associated with the shadowy Lazarus Group, which was behind the Sony breach in 2014, the WannaCry
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A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans.According to research from trust-gauging organization published on March 2nd, scams averaged about $3,000 in losses for businesses and charities within Canada and the
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The U.S. Treasury Department's Office of Foreign Asset Control has added 20 new bitcoin addresses associated with two individuals to its list of sanctioned individuals.According to an update to OFAC's "Specially Designated Nationals" (SDN) list, Jiadong Li and Yinyin Tian are accused of being linked to the Lazarus Group, a
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Blockchain startup Conflux has hired Eden Dhaliwal, the former head of crypto at Outlier Ventures, as a managing director to lead its expansion in North America. The Beijing-based firm is set to open an office in Toronto within two weeks. It is assembling a ten-person team to conduct research and seek
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North Korea is stepping up mining of the privacy coin monero as the regime continues its efforts to circumvent sanctions.U.S. cybersecurity firm Recorded Future said in a report Sunday that network traffic for monero (XMR) mining, that had originated from North Korean IP ranges, had increased by "at least tenfold"
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North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities.Exploitation of crypto and blockchain technology is among the primary tactics for the country to generate revenue as well as transfer and use illicitly
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Just four years ago, two lifelong friends from New Orleans turned a small initial investment into the largest crypto miner in North America. When their company, Coinmint, bought a former Alcoa plant in upstate New York, they brought hope the new economics of cryptocurrencies would revive a region that suffered
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Former Ethereum developer Virgil Griffith has pleaded not guilty to conspiracy charges filed against him by the US Attorney’s office in relation to a speech he gave at a blockchain conference in North Korea in April 2019. Griffith was arrested on Thanksgiving at Los Angeles International Airport after the FBI alleged
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