Hacking in Crypto

Hacking in crypto: Cutting-Edge cyber-securitymeasures Cyber-security has become one of the biggest worries of our time; the thing is that you can find 7% of the world’s economy in the web, and it can’t be put in risk of being stolen, especially if we talk about cryptocurrencies. That is why it’s necessary to have blockchain …

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Hackers Steal $32 Million In Ether Cryptocurrency Hack

With the growing popularity of cryptocurrencies, cyber criminals are becoming increasingly perceptive. Cybercrime is at an all-time high. Many cases go unreported, a few hundred dollars stolen doesn’t catch someone’s attention. However, one hacker has outdone himself by stealing over $30 million of Ether (ETH). Ether is one of the world’s most popular cryptocurrency, which …

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Bitcoin Ransomware Plagues Landscape

Bitcoin Ransomware Plagues Landscape Noone likes a shakedown. Rather, noone wants to be the target of a shakedown. However, where there’s a will theres a way. As the nature of crime evolves with the times, criminals are adopting Bitcoin as a payment receipt mechanism. Malware trojanhorse type programs such as CryptoLock and CryptoWall are some of …

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Bitfinex Update

Bitfinex Update Bitfinex appears to be back up as of right now, although with limited functionality. Trading, depositing, and withdrawing are temporarily disabled. Bitfinex states they will be enabling full platform functionality in the coming days. Nonfunctioning Exchange I’m curious to know just how much of our funds on the exchange at the time will be …

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Silk Road extortion Bitcoin Theft DEA

Corrupt DEA Agent Sentenced for Bitcoin Theft from Silk Road

Corruption Plagues Silk Road Trial Many know the Silk Road’s creator, Ross Ulbricht, is in jail, but what about the DEA agents? The Silk Road Scandal hasn’t Ended Almost 18 months of the site’s infamous closure, a DEA agent and a secret service agent were both arrested, facing charges for wire fraud – in relations to the Silk Road …

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cyber crime bitcoin extortion

Bitcoin Crime: Bitcoin Extortion on the Rise

Bitcoin Ransom Extortion an Increasing Problem 21st century Digital Extortions on the rise with Bitcoin at the Center Bitcoin Ransoms in Lieu of Duffle Bags of Cash One way people have been using or should I say misusing Bitcoins is through demanding ransoms from people with crypto coins as the payoff instead of a bag …

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Hollywood Hospital Targeted in Extortion Plot over Hacked File

Hollywood Presbyterian Medical Center; a Hollywood hospital, had its electronic patient records hacked and held hostage chose to give in to ransomer demands and pay $17,000 in bitcoin to retrieve the ransomed records. Hollywood Presbyterian Medical Center staff noticed issues accessing its computer network on Feb. 5. The price to regain access to the hospital files was …

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Cryptsy News: Exchange Compromised

Concerns Mount at Digital Currency Exchange Cryptsy Bitcoin and altcoin exchange Cryptsy (Project Investors, Inc.) is in serious trouble with multiple reports  indicate the exchange is not allowing its users access to their funds. Bitcoinist reported that the offices of Project Investors, Inc. one of the firms tied to the exchange is empty. The exchange claims in a …

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