How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet | WIRED
Thanks to a flaw in a decade-old version of the RoboForm password manager and a bit of luck, researchers were able to unearth the password to a crypto wallet containing a fortune.
EU bans anonymous crypto payments to hosted wallets
In a recent regulatory development, the European Union (EU) has voted to ban cryptocurrency payments to "hosted wallets" using unidentified self-custody crypto wallets.
U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned three cryptocurrency exchanges for offering services used to evade economic restrictions imposed on Russia following its invasion of Ukraine in early 2022. This includes Bitpapa IC FZC LLC, Crypto Explorer DMCC (AWEX), and Obshchestvo S Ogranichennoy Otvetstvennostyu Tsentr Obrabotki Elektronnykh Platezhey (TOEP).
Netgear, Hyundai latest X accounts hacked to push crypto drainers
The official Netgear and Hyundai MEA Twitter/X accounts (together with over 160,000 followers) are the latest hijacked to push scams designed to infect potential victims with cryptocurrency wallet drainer malware.
Hackers hijack govt and business accounts on X for crypto scams
Hackers are increasingly targeting verified accounts on X (formerly Twitter) belonging to government and business profiles and marked with 'gold' and 'grey' checkmarks to promote cryptocurrency scams, phishing sites, and sites with crypto drainers.
Crypto drainer steals $59 million from 63k people in Twitter ad push
Google and Twitter ads are promoting sites containing a cryptocurrency drainer named 'MS Drainer' that has already stolen $59 million from 63,210 victims over the past nine months.
New macOS 'KandyKorn' malware targets cryptocurrency engineers
A new macOS malware dubbed 'KandyKorn' has been spotted in a campaign attributed to the North Korean Lazarus hacking group, targeting blockchain engineers of a cryptocurrency exchange platform. The attackers impersonate members of the cryptocurrency community on Discord channels to spread Python-based modules that trigger a multi-stage KandyKorn infection chain. Elastic Security discovered and attributed the attacks to Lazarus based on overlaps with past campaigns concerning the employed techniques, network infrastructure, code-signing certificates, and custom Lazarus detection rules.
Threat actors use beta apps to bypass mobile app store security
The FBI is warning of a new tactic used by cybercriminals where they promote malicious "beta" versions of cryptocurrency investment apps on popular mobile app stores that are then used to steal crypto.
Man stole nearly $18K in electricity in crypto mining operation
Nadeam Nahas, 39, of Norwell, MA is facing charges of allegedly running a secret cryptocurrency mining operation out of a crawlspace at a middle school.
2023 Crypto Crime Trends: Illicit Cryptocurrency Volumes Reach All-Time Highs Amid Surge in Sanctions Designations and Hacking
Every year, we publish our estimates of illicit cryptocurrency activity to demonstrate the power of blockchains’ transparency – these kinds of estimates aren’t possible in traditional finance – and to teach investigators and compliance professionals about the latest trends in cryptocurrency-related crime that they need to know about. What could those estimates look like in a year like 2022? Last year was one of the most tumultuous in cryptocurrency history, with several large firms imploding, including Celsius, Three Arrows Capital, FTX, and others — some amid allegations of fraud.
Russian Citizen Accused of Running Cryptocurrency Exchange Used by Criminals
The charges were part of an intensifying effort by federal law enforcement agencies, in conjunction with European partners, to combat international cryptocurrency schemes and illegal transactions.
A recent cryptocurrency scam has highlighted a need for fraud awareness. The new scam - called “pig butchering” - includes a sophisticated new twist that combines a romance scam with an investment spin. According to the Federal Bureau of Investigation (FBI), the term “pig butchering” refers to a time-tested, heavily scripted, and contact intensive process to fatten up the prey before slaughter.
North Korean hackers use signed macOS malware to target IT job seekers
North Korean hackers from the Lazarus group have been using a signed malicious executable for macOS to impersonate Coinbase and lure in employees in the financial technology sector.
