Researchers Link NotPetya Outbreak and Kiev Power Grid Outage to one Hacking Group

ransomware water utility

Depending on how one looks at the world, coincidence is either a common thing or doesn’t exist at all. In the world of cyberthreats, it would seem the latter is the more common conclusion. New research shows the NotPetya ransomware attack, as well as a disruption of Ukraine’s power grid, are linked together by one […]

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Zambian Central Bank Declares Bitcoin Is Not Legal Tender

Cautious Zambian Central Bank Warns on Bitcoin, as Investors Start to SwellThe Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning that those transacting in such will have no one to blame in the event of market failure. It appears that the bank issued the decree because, as a traditional issuer of the depreciating local fiat […]

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Wendy McElroy: The Double C-Word in the Private Sector

The Double C Word in the Private SectorThe Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 2 The Double C-Word in the Private Sector The first rule of the politics of fear is that if you want to make something sound scarier than it actually is, you add the word ‘culture’ at the […]

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Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find

Total of 7 Crypto Exchange and 158 Wallet Hacks in Korea, Police FindThe South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests […]

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Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages

Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking DamagesA major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A […]

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Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”

Student Faces Charges for Stealing $5 Million in Crypto via "SIM Jacking"Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. Mr. Ortiz and his currently unidentified accomplices stole crypto from roughly 40 victims through a hacking technique known as “SIM jacking.” Also Read: Archaeologists Argue Micronesian […]

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Privacy and Access: Meet “Eijah”, the Hacker Behind Promether

Cryptography inspires all types of people to create. One such creator is Eric Anderson, the founder of a decentralized privacy platform called Promether. He and his team are currently building a secure messaging system called Contact to run on top of this platform. Eric, known as “Eijah” in the hacker community, left his role as […]

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Amazon Fire TV Devices Have Their Own Dedicated Crypto Mining Malware

Malicious cryptocurrency mining applications take many different forms these days. While they’re mainly targeted at Windows and mobile users, it seems a new virus is making the rounds. This particular malware is problematic, as it targets Amazon Fire TV devices, which is a rather unusual development. Amazon Fire TV Devices and Cryptocurrency Mining Criminals have […]

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