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 […]

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Seoul Sanctions North Korea Over Crypto Theft

Seoul Sanctions North Korea Over Crypto TheftSouth Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean Hackers With First Cybercrime Sanctions The […]

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North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report UnveilsThe regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get […]

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South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats

South Korean Intelligence Service Informs Crypto Exchanges About CyberthreatsThe South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to […]

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Anonymous Says It Hacked Bank of Russia, Monetary Authority Denies Claim

Anonymous Claims to Have Hacked Bank of Russia, Monetary Authority DeniesAnonymous has attacked the Central Bank of Russia (CBR), according to a post on social media. The hacking group, which vowed to hit Russian government websites after Moscow launched its military assault on Ukraine, now says it’s also targeting foreign companies still operating in Russia. Anonymous Threatens to Release Thousands of Bank of Russia Files […]

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Hacker Group Anonymous Vows to Disrupt Russia’s Internet — RT Websites Become ‘Subject of Massive DDoS Attacks’

Hacker Group Anonymous Vows to Disrupt Russia's Internet — RT Websites Become 'Subject of Massive DDoS Attacks'The international hacktivist collective known as Anonymous has vowed to attack Russian government websites over the recent Ukraine invasion. So far Anonymous says that it hacked the Russian Ministry of Defense database and various state-operated television channels in Russia. Additionally, a spokesperson from Russia Today (RT) said that after Anonymous’ recent statement, RT websites were […]

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Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says

Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report SaysCyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges, Sanctions Monitors Say Hackers controlled by the Democratic People’s Republic […]

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Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

Russia Busts Revil Ransomware Group on US Request, Arrests 14 MembersRussian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB […]

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Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals

Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report RevealsCyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming Crypto Markets Bring Out Cybercriminals Despite the ongoing Covid pandemic still leading […]

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