Security

  There’s no better authority to verify that bitcoin users are now speculators and not drug dealers according to the Drug Enforcement Administration (DEA). In fact, Special Agent Lilita Infante at the US DEA told Bloomberg criminal activity behind...

  Banks and business would love to see blockchain solve their challenges of cross-border payments. At this early stage, it’s unclear whether blockchain can meet the three biggest problems of scalability, speed, and transparency, not to mention security. Payments...

  Thefts from cryptocurrency exchanges tripled in the first six months of 2018 compared with all of 2017 according to a new report from cybersecurity firm CipherTrace. The report shows that more than $761 million was stolen from digital...

  Late Tuesday night, South Korean cryptocurrency exchange Bithumb was hacked, resulting in the loss of an estimated $31.5 million in customer cryptocurrency. As soon as it learned of the breach, Bithumb moved quickly to stop deposits, withdrawals and...

  According to the cybercrime consortium Anti-Phishing Working Group (APWG), more than $1.2 billion currency was stolen in 2017.  APWG’s Q4 report, released last week, showed 60,926 phishing websites were reported in December 2017 compared with November (54,322) and...

  [caption id="attachment_6018" align="alignright" width="254"] Cybercriminal mastermind arrested in Alicante, Spain[/caption] In a coordinated sting, Spanish police, Europol and the FBI arrested a notorious Ukrainian hacker behind $1.2 billion (€1 billion) of ATM and bank scams across Europe and...

  A new research study shows that 71% of cryptocurrency exchanges are heading for a train wreck when it comes to password security.   The research report by Dashlane Inc, a New York City marketer of password-management software looked at...

  A successful UK cryptocurrency couple robbed at gunpoint. Canadian cryptocurrency exchange held up in daylight hours. Ukrainian bitcoin exchange businessman held hostage for $1 million in bitcoin. A New York resident is robbed by a “friend” for...

  Shades of The Bourne Identity. For more than six months, Cisco’s Talos Intelligence group tracked a notorious Ukrainian cybercrime group called Coinhoarder.   The group has stolen more than $50 million in cryptocurrency from users of digital wallets such...