Russian and North Korean Cyberattack Infrastructure Converge: New Hacking Data Raises National Security Concerns

In a significant development following a historic arms meeting between North Korean leader Kim Jong-un and Russian President Vladimir Putin, on-chain data has unveiled a troubling revelation. It appears that hacking groups linked to the Democratic People’s Republic of Korea…

The Dark Side of Crypto Paper Wallets: What You Need to Know

Crypto investors are always on the lookout for ways to secure their precious digital assets.  For fear of rug pulls or fraudulent transactions from centralized exchanges, many have resorted to self-custody solutions.   However, self-custody does not guarantee one hundred percent…

SBF: FTX Compensating Users Who Lost $6M to Phishing Attacks “just this once,”

3Commas an automated trading bot development platform, revealed on October 21 that three of its users’ keys had been exploited to make unlawful transactions on the accounts of its partner exchanges. Investigations showed that the affected users had been tricked…

27 year old Californian Indicted in Crypto Money Laundering Conspiracy

Last week, U.S. Attorney Brit Featherston announced that a man from San Francisco, California, has been charged with criminal violations in the Eastern District of Texas. A federal grand jury has accused 27-year-old John Khuu of racketeering conspiracy. Khuu was…

Celsius top executives withdrew at least $30 million of crypto in 2022 before suspending customer withdrawals as per court documents

According to a financial disclosure form filed in the New York Bankruptcy Court last Wednesday, Celsius’ ex-CEO Alex Mashinky and ex-CSO Daniel Leon allegedly withdrew at least $17 Million in cryptocurrency right before the company halted all customer withdrawals.    …

DOJ announces New Anti-Crypto Crime Enforcement Framework

As more and more firms continue to gradually embrace Blockchain technology, there is caution over criminal practices by some malicious actors in the space. The U.S Department of Justice and attorney general Bill Barr announced the public release of a…

Investors Seek to Exhume Body of Dead Crypto Executive

Back in late January, the wife of a crypto exchange founder testified that her husband had died without giving out a password that can unlock $137 million worth of crypto assets. Outraged investors are having none of it and are…

Crypto Investor urges the FCC to Crack down on SIM Swapping

Crypto investor Michael Terpin has written an open letter to the federal communication commission (FCC) chairman Ajit Patel, requesting urgent action on SIM swapping fraud. Terpin, who has lost money due to SIM swapping himself, asked the regulator to make…

U.S Army seeks Blockchain Experts that can Track BTC in Real Time

The US Army is seeking Blockchain experts who can track Bitcoin in real time according to a pre-solicitation notice by the United States army contracting command (ACC) of New Jersey. According to the ACC, the cryptocurrency analytics report is being…

Sentinel Protocol – Blockchain Technology for Cyber Security Intelligence

Finally, the Launch of a Fraud Prevention Blockchain: Sentinel Protocol for the Cryptocurrency Industry that is Plagued with Frauds and Hacks The daylong initial coin offering (ICO) token sale on 27 May 2018 enabled Sentinel Protocol to achieve its sales…