US Sanctions Two Russians Accused of Using Fraud to Steal Millions in Crypto
The pair is accused of having stolen $16.8 million from customers of three different crypto exchanges, including two in the US. Source
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With Blockchain, Fraud Will Not Be Able to Steal Digital Ad Revenues
Recent statistics show that digital advertising spending worldwide will reach a total of $335 billion dollars in 2020. While impressive, the digital media landscape is rife with issues due to a lack of supply chain transparency. As a result, digital ad fraud increases annually. Even with automated advertising technology designed
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First Mover: Bitcoin Shows Signs of Life But Ether (And Crew) Steal the Limelight
In the race to become the dominant cryptocurrency platform, Ethereum is gaining on Bitcoin. Take a look at the market capitalization of ether, the native token of the Ethereum blockchain. Currently, the value stands at about $26 billion. But that figure doesn’t include all of the digital assets built atop the
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New Trojan Attack Targets Mac Users to Steal Cryptocurrency
A new trojan attack using malware called GMERA is targeting cryptocurrency traders who use trading applications on Apple’s macOS.The internet security company ESET found that the malware comes integrated into legitimate-looking cryptocurrency trading applications and tries to steal users’ crypto funds from their wallets.Researchers at another cybersecurity firm Trend Micro
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Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report
Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert.Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive, it said in a
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Phishing Sites Use Trick Letters in Domain Names to Steal XRP
Cryptocurrencies forensics experts from Xrplorer warned on June 15 of an elaborate phishing scam where hackers try to steal the secret keys of XRP users, under the false premise that Ripple is giving away tokens.According to the report, the scam campaign, whose origin dates back to approximately January 17, 2020,
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Fraudulent Site Impersonates Encrypted Messaging Service to Steal Bitcoins
Cybercriminals have reportedly created a fake site version of the legitimate encrypted self-destructing notes service privnote.com. The fake version can be shared with other users to steal Bitcoin.According to a June 14 report from KrebsOnSecurity, the creators of the encrypted notes service complained about a fake clone site, privnotes.com, whose
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Encrypted Messaging Site Privnote Cloned to Steal Bitcoin
Privnote, a free web service that which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users’ bitcoin to criminals. In a Sunday post on cybersecurity blog KrebsonSecurity, journalist Brian Krebs warned users of a phishing scam that lures unsuspecting victims
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Bug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each Other
A widespread bug has compromised a special type of bitcoin transaction that is supposed to discourage miners from cheating, new research shows. In a report released in late April, pseudonymous engineer 0xb10c found more than a million of these “timelocked” transactions made between September 2019 and March 2020 were not accurately
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Hacker Exploits Flaw in Decentralized Bitcoin Exchange Bisq to Steal $250K
Decentralized exchange (DEX) Bisq rang the alarm bells last night after a hacker exploited a significant software flaw to steal more than $250,000 worth of cryptocurrency from users. Bisq, which allows users to exchange crypto anonymously, abruptly disabled trading late Tuesday night after it uncovered "a critical security vulnerability." At
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