FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware

ransomwareFinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions was $66.4 million during the first two quarters of 2021. FinCEN also […]

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FBI Arrests Federal Employee Selling Restricted Data on Nuclear Submarines for Cryptocurrency

Federal Employee Arrested by FBI for Selling Restricted Data on Nuclear Submarines for CryptocurrencyA U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be paid in monero cryptocurrency. “I am very aware of the risks of blockchain analysis of bitcoin and other cryptocurrencies, and believe monero […]

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World’s Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM ‘Reached Its Goal’

World's Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM 'Reached Its Goal'One of the largest darknet markets (DNM), White House, announced the market is retiring as the DNM’s administrators say the team has reached its goal. After revealing the retirement plan, White House admins explained that user registration and orders have been disabled. Darknet Market White House Plans to Close Its Doors Soon, User Registration and […]

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Former Monero Developer Spagni Released From US Prison, Pledges to Address Fraud Allegations

Former Monero developer Riccardo Spagni has been released from a U.S. prison where he reportedly spent “sixty-one days in solitary confinement.” The developer’s release was prompted by the failure of South African authorities “to make a timely submission in support of an extradition request.” South African Government Fails to Submit Extradition Documents As previously reported […]

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4 Privacy Coins See Double-Digit Gains, Stats Show Monero Jumped 58% Higher Over 30 Days

While bitcoin and a slew of other crypto assets have seen significant gains during the last month, a number of privacy-centric crypto assets have jumped in value as well. Monero has gained 19.4% over the last week, the token horizen jumped 6.8%, and zcash has spiked over 7% during the last seven days. Privacy-Centric Coins […]

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US Government Now Offers Informants Crypto Rewards in Addition to Bank Wires, Suitcases Full of Cash

US Government Now Offers Informants Crypto Rewards in Addition to Bank Wires, Suitcases Full of CashAttendees of the Black Hat hacker conference in Las Vegas were introduced to a new advertisement crafted by the U.S. State Department. According to individuals who accessed the government advertisement via an open Wi-Fi network called “#Rewardsnotransoms” they discovered the U.S. government is offering to pay crypto rewards to individuals who give up information concerning […]

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