U.S. lawmakers have appealed to the Federal Communications Commission to hold telecoms providers to account for their complicity in SIM swap attacks. United States lawmakers have appealed to the Federal Communications Commission (FCC) to hold telecoms providers to account for failing to protect consumers against SIM swap attacks. SIM-swapping — alternatively known as a port-out…
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The allegedly North Korea-sponsored hackers known as Lazarus have deployed new viruses to steal cryptocurrency. The Lazarus hacker group, which is allegedly sponsored by the North Korean government, has deployed new viruses to steal cryptocurrency. Major cybersecurity firm Kaspersky reported on Jan. 8 that Lazarus has doubled down its efforts to infect both Mac and…
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Interpol helped curtail cryptojacking malware that affected thousands of routers. Interpol has collaborated with cybersecurity firm Trend Micro to reduce cryptojacking affecting MikroTik routers across South-East Asia, according to a Jan. 8 press release. Though the collaboration reduced the number of affected devices by 78 percent, this is unlikely to have made a significant impact…
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Internet of Things software developer It’s Here announced the launch of a blockchain-enabled lock that purportedly prevents porch pirating. Internet of Things (IoT) software developer It’s Here announced the launch of a blockchain-enabled lock that purportedly prevents porch pirating. According to a press release shared with Cointelegraph on Jan. 7, the solution — dubbed IoTLock…
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The CFTC is having trouble locating a man allegedly responsible for a cryptocurrency Ponzi scheme worth over $140 million. The United States Commodity Futures Trading Commission (CFTC) is having trouble locating Benjamin Reynolds, who is allegedly responsible for a cryptocurrency Ponzi scheme worth over $140 million. Financial news outlet FinanceFeeds reported on Jan. 6 that…
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There were 12 major cryptocurrency exchange hacks in 2019. In total, over $292 million and over 500,000 pieces of customer data were stolen. Twelve major cryptocurrency exchange hacks occurred in 2019. Of these, 11 hacks resulted in the theft of cryptocurrency while one only involved stolen customer data. In total, $292,665,886 worth of cryptocurrency and…
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United States citizen, Joanna De Alba, has been accused of heroin and methamphetamine distribution in exchange for Bitcoin. A United States citizen has been charged with heroin and methamphetamine distribution in exchange for Bitcoin (BTC). According to a Jan. 3 press release published by the U.S. Attorney’s Office for the Eastern District of New York,…
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Cryptocurrency holders are being warned against a Chrome extension for Ledger hardware wallets that allegedly contains malware that steals their seed phrases. Twitter user and software architect WizardofAus (@BTCSchellingPt) has warned cryptocurrency holders against a Chrome extension for Ledger crypto wallets that allegedly contains malware. In a tweet posted on Jan 2., WizardofAus claimed that:…
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What did 2019 bring by way of privacy coins in criminality, how have things changed, and what is the 2020 outlook? The right to privacy is a fundamental prerequisite for peace of mind and security. The idea that only criminals have something to hide is strange. Contrarily, privacy is sought by almost everyone. Yet, it…
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A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin from his former colleagues in what is purported to have been an “act of revenge.” A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is…
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