crypto
-
Blog
Dark Partners cybercrime gang fuels large-scale crypto heists
A sprawling network of fake AI, VPN, and crypto software download sites is being used by the “Dark Partner” threat actors to conduct a crypto theft attacks worldwide. Masquerading as popular apps, these cloned sites deliver the Poseiden (macOS) and Lumma (Windows) infostealers and malware loaders like Payday. This malware is used to steal cryptocurrency and sensitive data such as…
Read More » -
Blog
Israel arrests new suspect behind Nomad Bridge $190M crypto hack
An American-Israeli national named Osei Morrell has been arrested in Israel for his alleged involvement in exploiting the Nomad bridge smart-contract in August 2022 that allowed hackers to siphon $190 million. Blockchain intelligence platform TRM Labs supplied key information to international law enforcement authorities, leading to the identification of Morrell, who is believed to have played a central role in what is one of…
Read More » -
Blog
US charges 12 more suspects linked to $230 million crypto theft
Twelve more suspects were charged in a RICO conspiracy for their alleged involvement in the theft of over $230 million in cryptocurrency and laundering the funds using crypto exchanges and mixing services. Two other suspects linked to this conspiracy, 20-year-old Malone Lam (aka “Greavys,” “Anne Hathaway,” and “$$$”) and 21-year-old Jeandiel Serrano (aka “Box,” “VersaceGod,” and “@SkidStar”), were arrested and…
Read More » -
Blog
Senate Dems propose ban on presidents investing or endorsing crypto assets
After abruptly pulling their support from what would have been the Senate’s first stablecoin regulatory bill, Senate Democrats announced Tuesday that they would introduce a new bill that would prevent federal officials and their families from issuing digital assets – a bill directed at Donald Trump and his family’s current stablecoin and meme coin holdings. “Currently, people who wish to…
Read More » -
Blog
Inside Sam Altman’s eye-scanning crypto party
On the evening of April 30th, the hottest ticket in San Francisco was a buzzy crypto startup’s coming-out party at a warehouse-like complex on the northern edge of the city. It had all the makings of an event you’d only find near Silicon Valley: Anderson Paak, champagne, and a bunch of eye-scanning orbs. Onstage, Sam Altman and co-founder Alex Blania…
Read More » -
Blog
Grinex exchange suspected rebrand of sanctioned Garantex crypto firm
A new cryptocurrency exchange named Grinex is believed to be a rebrand of Garantex, a Russian cryptocurrency exchange whose domains were seized by the U.S. authorities and an admin arrested. According to a new report by blockchain intelligence firm TRM Labs, Grinex shows strong ties to Garantex’s previous operations but has not determined if it’s currently being used for illicit…
Read More » -
Blog
New Crocodilus malware steals Android users’ crypto wallet keys
A newly discovered Android malware dubbed Crocodilus tricks users into providing the seed phrase for the cryptocurrency wallet using a warning to back up the key to avoid losing access. Although Crocodilus is a new banking malware, it features fully developed capabilities to take control of the device, harvest data, and remote control. Researchers at fraud prevention company ThreatFabric say that the malware…
Read More » -
Blog
U.S. seized $8.2 million in crypto linked to ‘Romance Baiting’ scams
The U.S. Department of Justice (DOJ) has seized over $8.2 million worth of USDT (Tether) cryptocurrency that was stolen via ‘romance baiting’ scams. Previously referred to as ‘pig butchering,’ in this type of financial fraud victims are manipulated into making investments on fraudulent websites/apps that showcase massive returns. Convinced they’re making a profit, the victims invest increasing amounts, but when they…
Read More » -
Blog
US removes sanctions against Tornado Cash crypto mixer
The U.S. Department of Treasury announced today that it has removed sanctions against Tornado Cash, a cryptocurrency mixer used by North Korean Lazarus hackers to launder hundreds of millions stolen in multiple crypto heists. The Department’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash in August 2022 for helping launder over $7 billion since its creation in 2019. However, a Monday…
Read More » -
Blog
The crypto bars are invading Washington, DC
In a true sign of a vibe shift in Washington, a DC bar beloved by Republican staffers announced that it was shuttering its doors – and will reportedly be replaced by a bar that only accepts cryptocurrency as payment. Local news site PoPville first reported on Thursday that a D.C. outpost of Pubkey, a bar located in Greenwich Village that…
Read More »