cyber – DIGIT INFO

US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links

DIGIT — Fri, 13 Sep 2024 06:46:16 +0000

The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor for these schemes. The sanctions freeze U.S.-based assets and prohibit transactions, […]

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FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs

DIGIT — Thu, 05 Sep 2024 02:46:08 +0000

The FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware and steal digital assets. North Korean hackers are reportedly focusing on decentralized finance (defi) platforms and cryptocurrency exchange-traded funds (ETFs). FBI Warns of North Korean […]

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New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau

DIGIT — Sat, 03 Aug 2024 01:35:03 +0000

The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction analyses, and providing expert testimony. NY District Attorney Seeks Cryptocurrency Analyst The New York County District Attorney’s Office has put up a job posting for […]

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Huione Marketplace Involved In Laundering $35M From DMM Bitcoin Hack

DIGIT — Tue, 16 Jul 2024 08:40:23 +0000

In July 2024, over $35 million from the infamous $305 million DMM Bitcoin hack has been laundered through the online marketplace Huione Guarantee. Suspicions point to the Lazarus Group, known for sophisticated laundering techniques and off-chain indicators linked to similar cyberattacks. Tether’s Response and Laundering Path Over the weekend, Tether took action by blacklisting a wallet on Tron containing 29.6 million USDT, suspected to be connected to Huione. This wallet received approximately $14 million within a three-day period directly from the DMM Bitcoin hack. The laundering process from funds stolen in the DMM Bitcoin hack to Huione can be outlined

The post Huione Marketplace Involved In Laundering $35M From DMM Bitcoin Hack appeared first on The Merkle News.

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CyberConnect (CYBER) Witnesses 20% Price Surge Following Layer 2 Solution Announcement

DIGIT — Mon, 11 Mar 2024 02:59:24 +0000

CyberConnect (CYBER) experienced a remarkable price surge of over 20% yesterday, capturing the attention of both traders and investors within the cryptocurrency market. The surge in CYBER’s value was attributed to the team’s announcement of the release of “Cyber,” a groundbreaking Layer 2 (L2) solution tailored specifically for the social domain. This innovative solution, unveiled through a tweet, represents a collaborative effort between EigenLayer, Optimism, and AltLayer. The introduction of Cyber is poised to revolutionize Web3 adoption and accelerate its widespread acceptance. However, the bullish momentum experienced by CYBER took an unexpected turn today, with the token declining by 14%.

The post CyberConnect (CYBER) Witnesses 20% Price Surge Following Layer 2 Solution Announcement appeared first on The Merkle News.

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Binance to reimburse users $1M for Cyber Earn incident

DIGIT — Thu, 07 Sep 2023 15:26:33 +0000

Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue.

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DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

DIGIT — Mon, 13 Feb 2023 19:00:00 +0000

Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses.

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Aussie cyber spies to control critical infrastructure during ransomware attacks

DIGIT — Wed, 20 Oct 2021 05:41:24 +0000

The new bill, if passed, will allow cyber warfare operatives to take over control of critical infrastructure under attack.

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80% of Companies Are Interested in Bitcoin Transactions, Survey Finds

DIGIT — Tue, 13 Mar 2018 02:55:54 +0000

Another survey has revealed that the business world is eager to start using bitcoin to save on transactions costs and reduce dependence on entrenched systems. However, many companies are still concerned that holding bitcoin will make them a target for hackers. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Survey […]

The post 80% of Companies Are Interested in Bitcoin Transactions, Survey Finds appeared first on Bitcoin News.

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Putin Wants to Use Cryptoruble to Evade Sanctions But Bank of Russia Skeptical

DIGIT — Wed, 03 Jan 2018 03:22:51 +0000

Russia’s president Vladimir Putin has reportedly commissioned work to create a cryptocurrency as a tool to circumvent international sanctions. His economic adviser explained that “no mining is possible” for the cryptoruble. Meanwhile, the country’s central bank and finance ministry have expressed skepticism about this “cryptocurrency.” Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details […]

The post Putin Wants to Use Cryptoruble to Evade Sanctions But Bank of Russia Skeptical appeared first on Bitcoin News.

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