Tag: ransomware

Sep 23 2021

Suex Exchange Sanctioned by OFAC

Reading Time: 2 minutes Cryptocurrency exchange Suex has been added to OFAC’s list of sanctioned entities OFAC claims that Suex helped launder money for Russian hackers, most notably those from recent ransomware attacks Suex...

Sep 17 2021

Aug 17 2021

State Department Rewarding Cyber Informants with Crypto

Reading Time: 2 minutes The U.S. State Department is offering up to $10 million in rewards to cybercrime informants The payments can be made in cryptocurrencies as well as U.S. dollars Ransomware attacks recently gained the same priority as physical terrorist attacks...

Jul 13 2021

Bitcoin Has Been Profitable for 96% of Its Lifetime

July 13, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jul 06 2021

Hackers Ask for $70M in BTC to Publish Decrypter

July 6, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jul 05 2021

Jun 11 2021

This Type of Token Has Increased 30-Fold YTD

Jun 11 2021 Published at Unchained Podcast under tags  bitcoin cpi crypto defi el salvador

June 11, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jun 08 2021

FBI Recovers $2.3 Million of Colonial Ransomware Payout

Reading Time: 2 minutes An FBI-led operation has recovered 85% of the $4.5 million in bitcoin paid to the Colonial Pipeline hackers last month Hacking group DarkSide thought they had got away with ₿75 after infiltrating Colonial in May...

Jun 04 2021

Ransomware Payments Have Set “Dangerous Precedent”

Jun 04 2021 Published at FullyCrypto under tags  america cryptocurrency news ransomware

Reading Time: 2 minutes Two ransomware payments have set a “dangerous precedent” according to a prominent American politician U.S. Representative Carolyn Maloney criticized the payouts and asked for details of the transaction The U.S. has also elevated ransomware...

May 19 2021

This Is What Happens When Cyber Criminals Use Bitcoin: The DarkSide Saga

A point of contention non-coiners have regarding Bitcoin is its alleged use by cybercriminals. People use the leading cryptocurrency for nefarious purposes, that’s a fact. However, so is every other form of money known to man used. There’s a difference, though: The blockchain. It registers every Bitcoin transaction, forever. A point that the DarkSide saga illustrates beautifully. As...

May 14 2021

Colonial Pipeline Pays 75 Bitcoin Ransom To Hackers

Major U.S. oil pipeline system Colonial Pipeline paid a requested 75 bitcoin ransom to hackers who took control of its data last week.Colonial Pipeline has paid 75 BTC (around $5 million at the time of writing) to recover data stolen in a ransomware attack committed by hacker group DarkSide, reported...

Apr 29 2021

Ransomware Task Force Calls for Greater Crypto Tracking

Reading Time: 2 minutes A task force on ransomware has called for more aggressive tracking of cryptocurrencies The Ransomware Task Force today reported on what can be done about cryptocurrency-led ransomware The task force commissioner said that “a lot more that can...

Feb 18 2021

Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims

BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm.

Jan 28 2021

US Government Takes Aim at NetWalker Ransomware Attacks

Jan 28 2021 Published at CoinDesk under tags  justice department netwalker news ransomware

Prosecutors indicted an alleged NetWalker affiliate and coordinated the takedown of darkweb resources.

Jan 25 2021

Former UK Cybersecurity Chief Says Laws Needed to Stop Ransomware Payouts

Jan 25 2021 Published at CoinDesk under tags  coinflash crime law news policy & regulation

“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said.

2020 Brought a 311% Increase in Crypto Ransomware Attacks: Chainalysis

While crypto-related crime fell overall, criminals are leaning toward socially-engineered attacks.

Jan 19 2021

Bitcoin Is Aiding the Ransomware Industry

We are living in a world where the second-order effects of permissionless money – like the greater use of ransomware – are already evident.

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