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” US Justice Department seizes website of prolific ransomware gang Hive “ According to sources from the U.S. Department of Justice on Jan. 26, international law enforcement groups have dismantled the infamous Hive cryptocurrency ransomware gang and recovered over 300+ decryption keys to victims since July 2022. Officials raise the example of one incident where…
” Enforcement goes on with Bitzlato action — Law Decoded, Jan. 16-23. “ The good news of the last week is that Bitcoin (BTC) continued to review, making around 10% up from Jan.16 to Jan. 23. But it has yet to change a worrying trend of crypto companies making headlines due to their troubles with…
” Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis “ Ransomware victims have seemingly had enough of the extortion, with ransomware revenues for attackers plummeting 40% to $456.8 million in 2022. Blockchain intelligence firm Chainalysis shared the data in a Jan. 19 report, noting that the figures don’t necessarily…
” Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky “ Bitcoin (BTC) is forecasted to be a less enticing payment choice by cybercriminals as regulations and tracking technologies improve, thwarting their ability to safely move funds. Cybersecurity firm Kaspersky in a Nov. 22 report noted that ransomware negotiations and payments would rely less…
” Russian stablecoin usage surged after Ukraine invasion: Report “ If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more News articles, you can visit…
” US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses “ The United States Treasury Department’s Office of Foreign Asset Control has added 10 individuals, 2 entities, and several crypto addresses allegedly tied to an Iranian ransomware group to its list of Specially Designated Nationals, effectively making it illegal for U.S. persons and companies…
” Infamous North Korean hacker group identified as suspect for $100M Harmony attack “ The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According to a new report published today by blockchain analysis firm Elliptic,…
” Chainalysis exec touts blockchain analysis to Senate homeland security committee “ The collection and processing of information was a major theme at the United States Senate Committee on Homeland Security and Governmental Affairs (HSGAC) hearing titled, “Rising Threats: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency” on Tuesday. The committee hosted a panel of…
” Monero avoids crypto market rout, but XMR price still risks 20% drop by June “ Monero (XMR) has shown a surprising resilience against the Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week. XMR’s price closed the previous…
” Blockchain and crypto can be a boon for tracking financial crimes “ Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a…