cryptocurrency

Recent reports about legal proceedings, a 34-year-old Russian-Canadian national, Mikhail Vasiliev, has been handed a sentence of almost four years in Canadian prison. Vasiliev’s involvement in the global ransomware scheme known as ...

In a significant development, Anatoly Legkodymov, the Russian founder of the now-defunct Bitzlato cryptocurrency exchange, has recently pleaded guilty to charges related to operating an unlicensed money-transmitting business. The implications of this ...

Romance scams are labor-intensive and time-consuming schemes to run. They can be lucrative, pulling in millions in stolen cryptocurrency, but they also can end up going nowhere if the targeted victim becomes ...

The U.S. Treasury Department recently took a significant step in the ongoing battle against cybercrime by imposing sanctions on Sinbad. It’s a virtual currency mixer utilized by the North Korea-linked Lazarus Group ...

When dealing with a new technology, you have a choice between using a large company that does what you need as one of the many capabilities that company has or dealing with ...

For threat actors targeting cloud environments, cryptomining is a favored way to make money to fuel cybercriminal activity ...

One of the great things about the blockchain and cryptocurrency is the fact that it operates outside the commercial banking system. Unfortunately, this means that when cryptocurrency is stolen (or, more accurately, ...

The U.S. government is taking a big swing at two founders of the Tornado Cash cryptocurrency mixer that allegedly laundered more than $1 billion in criminal proceeds from cyberthreat actors that include ...

The person responsible for developing the dangerous CraxsRAT malware that targets Android devices has been operating in Syria for more than eight years and has accumulated at least $75,000 over the last ...

The rapidly evolving “pig butchering” ecosystem is adding another – and unsurprising – tool to its malicious arsenal: generative AI. Operators behind what cybersecurity firm Sophos dubs “CryptoRom” scams are now using ...