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Category: CryptoCurrency

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Incognito Market admin sentenced to 30 years for running $105 million dark web drug empire

He promised “the best security there is” to hundreds of thousands of drug buyers, while quietly making the kind of mistake that guaranteed a 30-year sentence. And maybe training police on cryptocurrency while running a running a vast Tor-hidden drug bazaar wasn’t such a good idea. Read more in my article on the Hot for…

Leader of ransomware crew pleads guilty to four-year crime spree

A Russian national pleaded guilty to leading a ransomware conspiracy that targeted at least 50 victims during a four-year period ending in August 2022.  Ianis Aleksandrovich Antropenko began participating in ransomware attacks before moving to the United States, but conducted many of his crimes while living in Florida and California, where he’s been out on…

Illusory Systems settles with FTC over 2022 cryptocurrency hack

The Federal Trade Commission is ordering a company that publicly touted its cybersecurity capabilities to return recovered funds to victims and implement security reforms, after a software flaw let hackers steal hundreds of millions of dollars in cryptocurrencies from users. The FTC announced it had reached a settlement with Illusory Systems, which also does business…

Difference Between A Viruses, Malware, Adware, Trojans, and Ransomware

Want to know the difference between Viruses, Malware, Adware, Trojans, and Ransomware? This post will show you the differences between these cyber threats. Read on. Ever feel overwhelmed by all the scary terms like viruses, malware, and ransomware? You’re not alone! This post will be your decoder ring, breaking down the key differences between these…

Blockchain: Orchid decentralized VPN will affect www

In this post, I will demonstrate how Orchid’s decentralized VPN will impact the Internet. The internet we know today is built on a centralized foundation. Websites reside on servers controlled by companies, and data travels through routes managed by internet service providers (ISPs). This system offers convenience, but it also raises concerns about privacy and…

Gift Cards Are Increasingly Popular Among BEC Scammers

Business email compromise (BEC) is one of the most impactful techniques in the present-day con artists’ toolkit. To execute this type of attack, cybercrooks hack or spoof an email account of an organization’s senior manager and send fake invoices on behalf of this trusted person to contractors or employees within the same company. The goal…

Coinbase Hacked and Turns the Tables on the Cybercriminals!

  This is how you handle cybercrime digital extortion! Coinbase was compromised by trusted 3rd party partners, which exposed customer data — but customer keys to their assets were still safe. The cyber criminals then attempted to extort $20 million from Coinbase, to keep the attack secret. Coinbase’s answer: NO! Instead, they are creating a $20 million…

Who needs VC funding? How cybercriminals spread their ill-gotten gains to everyday business ventures

Cybercriminals aren’t so different from the rest of us — they live in the real world, and their spending and investment habits, though funded through crime, can look surprisingly ordinary. Luxury cars and lavish vacations may still grab headlines, but those perks are reserved for the most elite cybercriminals. In reality, everyday businesses — like pizza…

Smashing Security podcast #417: Hello, Pervert! – Sextortion scams and Discord disasters

Don’t get duped, doxxed, or drained! In this episode of “Smashing Security” we dive into the creepy world of sextortion scams, and investigate how crypto wallet firm Ledger’s Discord server was hijacked in an attempt to phish for cryptocurrency recovery phrases. All this and more is discussed in the latest edition of the award-winning “Smashing…

Smashing Security podcast #414: Zoom.. just one click and your data goes boom!

Graham explores how the Elusive Comet cybercrime gang are using a sneaky trick of stealing your cryptocurrency via an innocent-appearing Zoom call, and Carole goes under the covers to explore the extraordinary lengths bio-hacking millionaire Bryan Johnson is attempting to extend his life. All this and more is discussed in the latest edition of the…