Cybercrime

Eastern Europe’s sixth-largest crypto service is a darknet market

Blockchain forensics firm Chainalysis has found that darknet markets exert a disproportionate presence in Eastern Europe’s crypto sector. In an excerpt from Chainalysis’ 2020 Geography of Cryptocurrency Report, the firm asserts that Eastern Europe is responsible for “more global darknet market activity than any other region,” with the anonymous free market Hydra comprising the region’s …

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The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack

During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712 million using today’s exchange rate. According to the CTO of the cybercrime intelligence firm, Hudson Rock, the wallet is being publicized on hacking forums in order to crack the password. Wallets with …

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The IRS offers a $625,000 bounty to anyone who can break Monero and Lightning

The United States Internal Revenue Services (IRS) has offered a bounty of up to $625,000 to anyone who can break purportedly untraceable privacy coins like Monero (XMR) as well as trace transactions on Bitcoin’s (BTC) Lightning Network.  The official proposal, published last week, says the IRS will accept submissions in the form of working prototypes …

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Indian prime minister the latest victim of crypto scam Twitter hack

Hackers took over one of the Twitter accounts linked to Indian Prime Minister Narendra Modi and posted messages asking his followers to make crypto donations. According to a report from news outlet India Today, Modi’s Twitter account narendramodi_in, which is associated with his personal website and mobile app, was targeted by a group of hackers …

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A Tor Vulnerability May Have Enabled Dark Web Bitcoin Theft

According to recently published research, an attacker has found vulnerabilities in the Tor browser network that might have allowed them to steal Bitcoin (BTC) from users. Tor was developed by the U.S. government for anonymous internet communication and has since been adopted by privacy advocates. Because of its privacy-preserving features, it is also popular with …

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Much of Russia’s Blockchain Voter Data Is Now for Sale on the Dark Web

Passport data from 1.14 million Russians is now available for sale on underground shops via the dark web. This data was stolen from citizens who voted in the country’s recent constitutional reform referendum, which utilized Blockchain technology. According to Kommersant, quoting information provided by the hackers, illegal sellers have already sold over “30 thousand lines” …

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Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users

Cybersecurity experts are warning that the Twitter hack on July 15 shows that the social network needs to strengthen its security in order to avoid a worse black swan scenario with serious consequences. In the most recent incident, attackers launched a crypto giveaway scam by posting phishing messages through the hijacked profiles of celebrities and …

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Twitter Has Been Trying To Hire Senior Security Engineers for Two Months

If the company’s jobs site is any indication, Twitter has been openly hiring for security positions in the months leading up to this week’s notorious hack. According to the company’s job search, Twitter posted several key job descriptions pertaining to company security two months ago. The company was (and still seems to be) hiring for …

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Twitter Breach Reactions: Security Professionals Offer an Early Assessment

@jack’s been pwned.  All of Twitter went ablaze Wednesday afternoon as major crypto accounts started tweeting they had partnered with a phony site called “Crypto For Health” on a giveaway of 5,000 BTC. It was a scam, but one that was able to reach the biggest accounts on Twitter, including that of former President Barack …

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Everything We Know About the Bitcoin Scam Rocking Twitter’s Most Prominent Accounts

Twitter’s thin veil of security went into full meltdown at 19:00 UTC on Wednesday. Within minutes, an apparently coordinated hack began: A mass takeover of the most prominent names in crypto. Within hours, even Barack Obama’s account was compromised. The messages pumped a bitcoin giveaway scam associated with an organization called “Crypto For Health.” First, …

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