Revealed: How North Korea Laundered $100 Million of Stolen Crypto
CipherTrace has detailed how two men managed to fool KYC processes and launder more than $100 million of stolen crypto on mainstream exchanges Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
CipherTrace has detailed how two men managed to fool KYC processes and launder more than $100 million of stolen crypto on mainstream exchanges Go to Source Powered by WPeMatico
Deer.io facilitated $17 million worth of sales in stolen information and compromised online accounts across seven years of operations Go to Source Powered by WPeMatico
When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions such as Unbound Tech’s CASP, which uses secure multi-party computation. Despite these innovations, many exchanges … Read more
In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount concern for crypto holders. Whether it’s by way of taking wise opsec measures, utilizing noncustodial tools, leveraging a DEX, or even storing seed phrases in your brain, there’s no shortage of measures that … Read more
The recent incident affecting the IOTA network still leaves many people surplussed. A full incident report has finally come to light, which puts things in their proper perspective. It is rare for a cryptocurrency network to be halted completely. Documenting the IOTA Network Hack This is especially true when it comes to developers causing this … Read more
Last week Altsbit, a centralized crypto exchange based in Italy, announced that it had been breached, and it would be closing down after losing most of the user funds it held, including BTC, ETH, ARRR, and VRSC. Even though a small part of the funds stored in cold wallets was left untouched, the hack effectively … Read more
Universal 2nd Factor (U2F) is an open standard for strengthening two-factor authentication. It involves the use of a physical key to reinforce 2FA, hardening your online accounts from attack. In this guide, we’ll explain how to use a Yubikey to lock down your exchange account, email account, and other valuable online accounts. Also read: German … Read more
A new report shows that North Korea-linked Lazarus Group has adapted and evolved new techniques since initial attacks, and are using phony trading platforms linking to Telegram channels which distribute malware, as well as making their malware more stealthy by “adding an authentication mechanism in the macOS,” amongst other tactics. Since the group’s infamous previous … Read more
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work of intelligence agencies from the U.S. or Israel. … Read more
Cryptocurrency users around the globe face many different threats. SIM Swaps are perhaps the worst type of attack, yet they continue to occur on a regular basis. Anyone keeping bitcoin or altcoins on an exchange would be better off using a hardware wallet of some sorts. Another SIM Swap Story Pops up Users who rely … Read more