Bitcoin (BTC) Is Strongest Driver for Crime, Says Cybersecurity Expert

2020-2-23 21:13

Bitcoin enables lawbreaking by allowing criminals to exchange funds in a secure way, according to cybersecurity expert Menny Barzillay

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Bitcoin (BTC) на Currencies.ru

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McAfee Just Backtracked From His Infamous $1 Million Bitcoin Price Prediction

John McAfee, the eccentric crypto promoter and iconic cybersecurity expert, made a bold prediction years back that Bitcoin would reach $1 million per BTC by the end of the year of 2020. Now that the year is upon us, and Bitcoin price is experiencing a case of price impotence, McAfee is now backtracking on his... The post appeared first on NewsBTC.

2020-1-29 19:21


McAfee Calls His Own $1 Million Bitcoin In 2020 Prediction a “Ruse”

If you’ve been following Bitcoin over the past few years, you likely remember John McAfee’s crazy BTC price prediction. As the cryptocurrency market was blowing up in 2017, McAfee, the creator of the cybersecurity company that shares his name, posted the below tweet, claiming that he is betting that Bitcoin will hit $1 million by... The post appeared first on NewsBTC.

2020-1-6 00:00


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India: Minister Says Government Working on National Level Blockchain Framework

According to a report by The Economic Times published on November 27, 2019, the Indian Minister of State for Electronics and Information Technology (MeitY) – Sanjay Dhotre – has stressed the importance of blockchain technology in streamlining operations in various domains such as governance, banking and finance, and cybersecurity.

2019-11-28 12:00


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Spanish City Battles Ransomware Attack as Hackers Demand for Bitcoin

The online processes of Jerez de la Frontera, a city of more than 200k inhabitants located in southern Spain, have been crippled by a severe ransomware attack. The hackers are demanding an undisclosed amount in bitcoin and Spanish authorities are yet to pay the ransom and have instead deployed three cybersecurity experts to the area,Read MoreRead More.

2019-10-8 09:00


Emisisoft Creates a Free Decryption Solution for Bitcoin-Payment Ransomware, WannaCryFake

Emisisoft, a cybersecurity firm, tackles Bitcoin (BTC) ransomware WannaCryFake, an extension of the WannaCry bug, by creating a free fix for the encryption bug. WannaCryFake Asks Victims for Bitcoin According to the blog post, WannaCryFake is defined as a “strain of ransomware that uses AES-256 to encrypt a victim’s files”. The file extension of the […]

2019-9-26 17:56


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Nasty Glupteba malware uses Bitcoin blockchain to keep itself alive

Cybersecurity researchers have discovered a new strain of the nefarious Glupteba malware that uses the Bitcoin blockchain to ensure it remains dangerous. TrendMicro’s latest blog details the previously undocumented variant which is capable of invading systems to mine Monero cryptocurrency and steal sensitive browser data like passwords and cookies.

2019-9-4 17:09


Radware’s Cloud Workload Protection Service now includes ‘crypto-jacking’ detection

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceRadware, a leading provider of cybersecurity and application delivery solutions, today announced that its Cloud Workload Protection Service now identifies and mitigates coin-mining malware known as ‘crypto-jacking’ operations taking place in customers’ public cloud environments.

2019-7-16 14:31


This Crypto Startup Hacks Its Own Users’ Wallets to Rescue $13 Million

By CCN: Better the thief you know than the one you don’t. Cryptocurrency platform Komodo has had to hack its users after discovering a serious security flaw in one of its wallets. According to a press statement by the blockchain startup, Komodo’s cybersecurity team was able to ‘sweep’ in and retrieve 8 million Komodo coins (KMD) and 96 Bitcoin before hackers got hold of the exposed loot.

2019-6-7 15:19


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Bitcoin scammers net nearly $1M by telling people they can see them masturbate

A new kind of scam has accrued almost $1 million in bitcoin from frightened porn viewers, says a new report — and they’re staining the good names of Shakespeare and Austen to do it. According to the report, from cybersecurity firm Area 1, this scam involves a threatening email, in which the victim is told videos or pictures of them watching pornography will be leaked to their contacts, along with whatever they were watching, unless they pay a ransom in Bitcoin.

2019-5-16 04:07


Your Crypto Winter = Criminals’ Summer: Q1 2019 Crypto Thefts, Fraud Hit Whopping $1.2 Billion

By CCN. com: Even as the bearish conditions in the crypto markets persisted in this year’s first quarter, bad actors in the sector continued to thrive. According to cybersecurity firm CipherTrace, during the first quarter of the year, the amount that bad actors generated from stealing from bitcoin exchanges and operating cryptocurrrency scams reached $1.

2019-5-1 15:13


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The U.S. Department of Energy Using DLT to Protect Electric Grids

In a bid to safeguard modern electric grids from cyber attacks, the United States Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) has announced Phase II of its blockchain-based electric grid security project in collaboration with Taekion, a distributed ledger technology (DLT) and cybersecurity platform, according to a press release on April 10, 2019.

2019-4-12 01:00


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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program

North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe.

2019-4-5 13:00


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Malta Appoints Cybersecurity Firm Ciphertrace to Monitor Crypto Transactions

The Malta Financial Services Authority (MFSA) has appointed U. S. cybersecurity company Ciphertrace to help with compliance monitoring of crypto assets. Ciphertrace will be expected to keep track of transactions that pass through local crypto exchanges and digital wallets including ICOs, screening for potential money laundering and terrorism financing violations.

2019-3-12 03:01