Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

Russia Busts Revil Ransomware Group on US Request, Arrests 14 MembersRussian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB […]

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Russia, Ukraine Shut Down Several Cryptocurrency Farms

Russia, Ukraine Shut Down Several Cryptocurrency FarmsAuthorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining Farms in Moscow Region and Dagestan Russian law enforcement […]

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Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm

Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto FarmWith а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system is well-protected from such consumers. Large-Scale Illegal Mining Operation Uncovered in Central Ukraine The Security […]

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Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware 

Ukraine Security Service Busts Criminal Group Selling Bitcoin Stealing Malware Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the darknet, has been dismantled as a result of a joint operation carried out with the United States. Cybercriminals From Ukraine Launder Millions, Offer Flash Drives […]

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Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices

Kyrgyzstan Seizes 2,000 Cryptocurrency Mining DevicesLaw enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity. Security Service Conducts Operation Against Illegal Mining in Kyrgyzstan The State Committee for National Security […]

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PR: WaykiChain CEO Gordon Gao Building a Win-Win Public Blockchain

WaykiChain CEO Gordon Gao Building a Win-Win Public BlockchainThis article feature quotes returned direct from inquiry to the company CEO Gordon Gao. WaykiChain(WICC) CEO Gordon Gao’s credentials are substantial and they include (according to his LinkedIn page) having previously worked as a ‘senior business associate’ at Alibaba.com. His portfolio also lists a tenure as ‘lead data scientist’ at Fishbowl Marketing which, on its website, front-lines the fact that it features clients as huge as Coca-Cola and the National Restaurant Association.

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Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation

Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up OperationCease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA […]

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SEC Chairman Applauds ‘Operation Crypto-Sweep’

SEC Chairman Applauds 'Operation Crypto-Sweep'The chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has issued a statement “applaud[ing]” the efforts of authorities associated with the North American Securities Administrators Association (NASAA) in executing the current “enforcement sweep targeting fraudulent ICOs and crypto-asset investment products.” Also Read: 70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes […]

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Venezuela Shuts Down Two Cryptocurrency Exchanges

Venezuela Shuts Down Two Cryptocurrency ExchangesThe government of Venezuela has taken action against two cryptocurrency exchange operators in the country. Both of them allow customers to convert between a number of cryptocurrencies and bolivars and send remittances abroad. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Operation Paper Hands The Venezuelan government’s “Operation Paper Hands” began a new phase […]

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Onecoin Offices Raided in Sofia, Servers Shut Down

Onecoin Offices Raided in Sofia, Servers Shut DownBulgarian law enforcement agencies have raided the offices of Onecoin in Sofia as part of a multinational effort to neutralize what authorities call a “centralized cryptocurrency pyramid scheme”. Three million people may have been defrauded by the company which offers services on four continents, according to media reports. Bulgarian officials were diligent enough to note […]

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