Experts say the catchall term for online fraud furthers harm against victims and could dissuade people from reporting attempts to bilk them out of their money.
Microsoft observed North Korean threat actor Citrine Sleet exploiting the CVE-2024-7971 zero-day vulnerability in Chromium. Citrine Sleet targets the cryptocurrency sector for financial gain.
Sonatype's automated malware detection systems identified a malicious PyPI package called crytic-compilers, connected to Russia-linked Lumma Windows stealer, and named very closely after a well-known legitimate Python library that is used by cryptocurrency developers.
Thanks to a flaw in a decade-old version of the RoboForm password manager and a bit of luck, researchers were able to unearth the password to a crypto wallet containing a fortune.
In a recent regulatory development, the European Union (EU) has voted to ban cryptocurrency payments to "hosted wallets" using unidentified self-custody crypto wallets.
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned three cryptocurrency exchanges for offering services used to evade economic restrictions imposed on Russia following its invasion of Ukraine in early 2022.
This includes Bitpapa IC FZC LLC, Crypto Explorer DMCC (AWEX), and Obshchestvo S Ogranichennoy Otvetstvennostyu Tsentr Obrabotki Elektronnykh Platezhey (TOEP).
The official Netgear and Hyundai MEA Twitter/X accounts (together with over 160,000 followers) are the latest hijacked to push scams designed to infect potential victims with cryptocurrency wallet drainer malware.
Hackers are increasingly targeting verified accounts on X (formerly Twitter) belonging to government and business profiles and marked with 'gold' and 'grey' checkmarks to promote cryptocurrency scams, phishing sites, and sites with crypto drainers.
Google and Twitter ads are promoting sites containing a cryptocurrency drainer named 'MS Drainer' that has already stolen $59 million from 63,210 victims over the past nine months.
Hackers pushed out a malicious version of a software library made by crypto company Ledger, which powers several web3 applications.
A new macOS malware dubbed 'KandyKorn' has been spotted in a campaign attributed to the North Korean Lazarus hacking group, targeting blockchain engineers of a cryptocurrency exchange platform.
The attackers impersonate members of the cryptocurrency community on Discord channels to spread Python-based modules that trigger a multi-stage KandyKorn infection chain.
Elastic Security discovered and attributed the attacks to Lazarus based on overlaps with past campaigns concerning the employed techniques, network infrastructure, code-signing certificates, and custom Lazarus detection rules.
The FBI is warning of a new tactic used by cybercriminals where they promote malicious "beta" versions of cryptocurrency investment apps on popular mobile app stores that are then used to steal crypto.
Nadeam Nahas, 39, of Norwell, MA is facing charges of allegedly running a secret cryptocurrency mining operation out of a crawlspace at a middle school.
The world’s most prolific crypto thieves have used Sinbad.io to launder tens of millions. Its creator, “Mehdi,” answers WIRED’s questions.
We discovered an active campaign targeting Eastern Europeans in the cryptocurrency industry using fake job lures.
Every year, we publish our estimates of illicit cryptocurrency activity to demonstrate the power of blockchains’ transparency – these kinds of estimates aren’t possible in traditional finance – and to teach investigators and compliance professionals about the latest trends in cryptocurrency-related crime that they need to know about. What could those estimates look like in a year like 2022? Last year was one of the most tumultuous in cryptocurrency history, with several large firms imploding, including Celsius, Three Arrows Capital, FTX, and others — some amid allegations of fraud.
The charges were part of an intensifying effort by federal law enforcement agencies, in conjunction with European partners, to combat international cryptocurrency schemes and illegal transactions.
The arrest comes as the U.S. ramps up efforts to crack down on attempts by cybercriminals to use cryptocurrency to evade sanctions.
A recent cryptocurrency scam has highlighted a need for fraud awareness. The new scam - called “pig butchering” - includes a sophisticated new twist that combines a romance scam with an investment spin. According to the Federal Bureau of Investigation (FBI), the term “pig butchering” refers to a time-tested, heavily scripted, and contact intensive process to fatten up the prey before slaughter.
For 2nd time in 4 years, Amazon loses control of its IP space in BGP hijacking.
