Dutch authorities on Friday announced the arrest of a software developer in Amsterdam who is alleged to be working for Tornado Cash, days after the U.S. sanctioned the decentralized crypto mixing service. The 29-year-old individual is "suspected of involvement in concealing criminal financial flows and facilitating money laundering" through the service, the Dutch Fiscal … [Read more...] about Tornado Cash Developer Arrested After U.S. Sanctions the Cryptocurrency Mixer
Cryptocurrency
Cloud-based Cryptocurrency Miners Targeting GitHub Actions and Azure VMs
GitHub Actions and Azure virtual machines (VMs) are being leveraged for cloud-based cryptocurrency mining, indicating sustained attempts on the part of malicious actors to target cloud resources for illicit purposes. "Attackers can abuse the runners or servers provided by GitHub to run an organization's pipelines and automation by maliciously downloading and installing their … [Read more...] about Cloud-based Cryptocurrency Miners Targeting GitHub Actions and Azure VMs
U.S. Sanctions Cryptocurrency Mixer Blender for Helping North Korea Launder Millions
The U.S. Treasury Department on Friday moved to sanction virtual currency mixer Blender.io, marking the first time a mixing service has been subjected to economic blockades. The move signals continued efforts on the part of the government to prevent North Korea's Lazarus Group from laundering the funds stolen from the unprecedented hack of Ronin Bridge in late March. The newly … [Read more...] about U.S. Sanctions Cryptocurrency Mixer Blender for Helping North Korea Launder Millions
New Malware Loader ‘Verblecon’ Infects Hacked PCs with Cryptocurrency Miners
An unidentified threat actor has been observed employing a "complex and powerful" malware loader with the ultimate objective of deploying cryptocurrency miners on compromised systems and potentially facilitating the theft of Discord tokens. "The evidence found on victim networks appears to indicate that the goal of the attacker was to install cryptocurrency mining software on … [Read more...] about New Malware Loader ‘Verblecon’ Infects Hacked PCs with Cryptocurrency Miners
Justice Department Appoints First Director of National Cryptocurrency Enforcement Team
The U.S. Department of Justice (DoJ) earlier this week appointed Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team (NCET) it established last year. The NCET was created to tackle the criminal misuse of cryptocurrencies and digital assets," with a focus on illegal activities in virtual currency exchanges, mixing and tumbling services, … [Read more...] about Justice Department Appoints First Director of National Cryptocurrency Enforcement Team
U.S. Arrests Two and Seizes $3.6 Billion Cryptocurrency Stolen in 2016 Bitfinex Hack
The U.S. Justice Department (DoJ) on Tuesday announced the arrest of a married couple in connection with conspiring to launder cryptocurrency worth $4.5 billion that was siphoned during the hack of the virtual currency exchange Bitfinex in 2016. Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, both of New York, are alleged to have "stolen funds through a labyrinth of … [Read more...] about U.S. Arrests Two and Seizes $3.6 Billion Cryptocurrency Stolen in 2016 Bitfinex Hack
North Korean Hackers Stole Millions from Cryptocurrency Startups Worldwide
Operators associated with the Lazarus sub-group BlueNoroff have been linked to a series of cyberattacks targeting small and medium-sized companies worldwide with an aim to drain their cryptocurrency funds, in what's yet another financially motivated operation mounted by the prolific North Korean state-sponsored actor. Russian cybersecurity company Kaspersky, which is tracking … [Read more...] about North Korean Hackers Stole Millions from Cryptocurrency Startups Worldwide
Malicious KMSPico Windows Activator Stealing Users’ Cryptocurrency Wallets
Users looking to activate Windows without using a digital license or a product key are being targeted by tainted installers to deploy malware designed to plunder credentials and other information in cryptocurrency wallets. The malware, dubbed "CryptBot," is an information stealer capable of obtaining credentials for browsers, cryptocurrency wallets, browser cookies, credit … [Read more...] about Malicious KMSPico Windows Activator Stealing Users’ Cryptocurrency Wallets
Critical Flaw in OpenSea Could Have Let Hackers Steal Cryptocurrency From Wallets
A now-patched critical vulnerability in OpenSea, the world's largest non-fungible token (NFT) marketplace, could've been abused by malicious actors to drain cryptocurrency funds from a victim by sending a specially-crafted token, opening a new attack vector for exploitation. The findings come from cybersecurity firm Check Point Research, which began an investigation into the … [Read more...] about Critical Flaw in OpenSea Could Have Let Hackers Steal Cryptocurrency From Wallets
Malicious Ads Target Cryptocurrency Users With Cinobi Banking Trojan
A new social engineering-based malvertising campaign targeting Japan has been found to deliver a malicious application that deploys a banking trojan on compromised Windows machines to steal credentials associated with cryptocurrency accounts. The application masquerades as an animated porn game, a reward points application, or a video streaming application, Trend Micro … [Read more...] about Malicious Ads Target Cryptocurrency Users With Cinobi Banking Trojan