Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011

Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 […]

Go to Source

Powered by WPeMatico

British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes

British Security Think Tank's Report Warns NFTs Could Bolster Money Laundering SchemesThe Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI: ‘NFT Technology Can Raise […]

Go to Source

Powered by WPeMatico

Richard Branson Found to Be Crypto Scammers’ Favorite Brit Celebrity

Richard Branson Found to Be Crypto Scammers’ Favorite Brit CelebrityFamed entrepreneur Richard Branson is often featured in fake articles sent out by various investment schemes, many of which are related to cryptocurrency, U.K.’s National Cyber Security Centre (NCSC) revealed in a report. The agency, which has blocked over 285,000 such campaigns in only nine months, says it’s dealing with a global problem. Shady Sites […]

Go to Source

Powered by WPeMatico

CyberGhost VPN Will Shield Your Bitcoin Transactions With a Special 83% off New Year’s Offer

CyberGhostThe crypto world is full of malicious hackers and other serious threats to your digital assets. CyberGhost VPN, which is trusted by over 36 million users globally, can help protect your security when making online transactions and payments. The service accepts bitcoin and you can now save over 80% from the regular price with a […]

The post CyberGhost VPN Will Shield Your Bitcoin Transactions With a Special 83% off New Year’s Offer appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Japanese Actress Helps Tokyo Police Raise Crypto Cybersecurity Awareness

Japanese Actress Helps Tokyo Police Raise Crypto Cybersecurity AwarenessA Japanese actress and singer has helped the Tokyo Metropolitan Police Department raise awareness on cybersecurity issues, including cryptocurrencies. She reportedly took on the role of a cybersecurity manager in an event hosted by the department where participants learned about cybercrime countermeasures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rie Kitahara Raises Cybersecurity […]

The post Japanese Actress Helps Tokyo Police Raise Crypto Cybersecurity Awareness appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Daily: Coinbase Returns to Wyoming, Robinhood Crypto Reaches Iowa and Georgia

The Daily: Coinbase Returns to Wyoming, Robinhood Crypto Reaches Iowa and GeorgiaIn today’s edition of Bitcoin in Brief, we cover the return of Coinbase to Wyoming, the expansion of Robinhood Crypto to Iowa and Georgia, a lawsuit against an exchange for failing to give a user his BCH plus a cybersecurity research that finds cryptocurrency exchanges experienced a massive surge of user data leaks. Also Read: […]

The post The Daily: Coinbase Returns to Wyoming, Robinhood Crypto Reaches Iowa and Georgia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims

Security Researchers Attack McAfee-Backed Wallet for “Unhackable” ClaimsWith the vast amounts of money going around, it’s no surprise that the greater Bitcoin ecosystem is rife with scams, hacks and cyber attacks of all kinds. Operating in such an environment, cautious users are always mindful of their security and learn to avoid outrageous claims that are sometimes nothing more than just that. A […]

The post Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers Find

Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers FindTwo of the leading international cyber security firms, one from Russia and one from the USA, have both published their finds at the end of June showing an increase in the malware threats market share of cryptojacking at the expense of ransomware. Also Read: Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market […]

The post Cryptojacking Rises as Ransomware Declines, Cyber Security Researchers Find appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

How Can Cryptocurrency Users Ward Off Cyberattacks?

Cyber AttacksWe’ve all read the headlines. ICO funding thefts have hardly been low profile. It’s curious, though, that what was labeled by so many as simply a vehicle for criminal misdoings should itself be the target of criminal activity. But as cryptocurrencies grow in value, it’s becoming clear that they’re not going away anytime soon. So, how can cryptocurrencies and their users ward off cybercriminals? Hacking attacks are somewhat confusing to the public at large. On the one hand, people are used to hearing about the security of Bitcoin. About how it can’t be counterfeited like regular cash, making it much safer.

Go to Source

Powered by WPeMatico