Microsoft Report says Nation-State Hacker Group is Leveraging Cryptocurrency Techniques to Stay Under the Radar

A new security report by Microsoft says nation-state hacker group Bismuth is now deploying cryptocurrency-mining malware alongside its regular cyber-espionage toolkits. According to the report, the deployment by Bismuth of Monero coin miners in recent campaigns has provided another way for the attackers to monetize compromised networks. Bismuth is reportedly backed by the Vietnamese government. […]

The post Microsoft Report says Nation-State Hacker Group is Leveraging Cryptocurrency Techniques to Stay Under the Radar appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers

Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin MixersA U.S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million. In passing the judgment, the court blasts Volodymyr Kvashuk, a software engineer and citizen of Ukraine, for attempting to […]

The post Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban

97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives BanThe Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue the ban, completely disregarding the overwhelming public input. In […]

The post 97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico