Australian Authorities Freeze Assets Belonging to former Bit-connect Director, John Bigatton

The Australian securities and investments commission (ASIC), which is that country’s version of America’s Securities and Exchange Commission, has executed an asset freeze on Bitconnect’s John Bigatton. Bigatton who is a director and shareholder at Bitconnect has also been barred…

White Hat Hackers made a killing from Blockchain Projects in 2018

Companies are increasingly finding new ways to combat hackers, with crypto techpreneurs employing the services of white hat hackers. Some white hat hackers just got awarded $878,000 in bug bounties after doing well in a competition that was aimed at…

US Cyber security body addresses Bomb threats aimed at Bitcoin Holders

If the world of crypto-currency interests you, then you are in for an even more interesting twist than what you are used to. This is after an incident whereby scammers demanded some Bitcoin holdings be released to them failure to…

Cyber Security Firm Trustwave Detects Crypto-jacking Malware on the Make-A-Wish Foundation’s Website

A November 19 post by cybersecurity firm Trustwave has indicated that hackers had infected global non-profit organization, make-a-wish foundation’s network, with dangerous malware. Trustwaves’s researchers have revealed that the crypto-jackers managed to virtually lodge a JavaScript (js) miner CoinImp, into…

Bitmain Sues Hacker for Alleged Theft of over 5.5 million in Virtual Assets

Chinese based Bitcoin mining giant Bitmain, has sued an anonymous hacker for the alleged theft of 5.5 million worth of crypto from the mining company’s account back in April. The lawsuit was filed with the US District Court for the…

Sim Swapping Becomes the highest Concern of Anti-cybercrime Authorities

In the fight against crypto fraud, police in the United States consider “Sim swapping” top of their list of priorities. This is according to security news publication KrebsonSecurity. Santa Barbara police sergeant and supervisor of the REACT task force, Samy…

The US state forfeits $700,000 worth of crypto from dark web dealer “Oxymonster”

36 Year old Gal Vallerius as known as “Oxymonster” in the dark webs has been handed a 20-year prison sentence by US District Judge Robert Scola. Gal was handed this sentence after being involved heavily in the dark web drug…

The SEC Closes in on an Alleged “pump and Dump” ICO Scheme

Pump and dump schemes have been the order of the day for months now, with unscrupulous characters trapping investors then making a killing after managing to pull money into a digital asset. This horrible malpractice has caught the attention of…

Amateur crypto jacking the most prominent and worrying trend in 2018

The year of the crypto boom 2017, also signified a big year for crypto heists since cases of crypto-jacking increased by 8,500 percent. 2018 has also come out as a big year for crypto mining malware according to a report…

Leaked NSA Software tip Causing Bitcoin and Monero to Becoming targets for Hackers

It has been revealed that hackers are illegally generating Bitcoin, Monero and other cryptocurrencies by making the most out of a software flaw leaked from the United States government. This information raises serious questions about the security of one of…