Tag: Crypto

Millions stolen from crypto platforms Exactly Protocol and Harbor Protocol
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Millions stolen from crypto platforms Exactly Protocol and Harbor Protocol

Over the past several days, two cryptocurrency platforms have experienced thefts amounting to millions of dollars' worth of cryptocurrency, forcing both to suspend operations and alert clients to possible losses. Exactly Protocol, a decentralized financial platform, acknowledged on Friday that it was "actively investigating a security issue" and has temporarily suspended the protocol, limiting user activity to asset withdrawals. Exactly Protocol, which said on August 4 that it has received deposits totaling more than $100 million, let users to lend and borrow cryptocurrency assets at fixed and variable rates. According to a number of news sources and industry professionals, the platform lost more than $12 million as a result of the theft read more Millions stolen from crypto plat...
Crypto crackdown continues in New York with third fraud case announced
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Crypto crackdown continues in New York with third fraud case announced

This week, the Southern District of New York federal court unsealed yet another case involving purported bitcoin fraud. It appears that the local authorities are adamant about delivering a message to all types of cybercriminals. The third case involving digital assets to be announced by the court in as many days is a father-and-son alleged duo who are accused of stealing almost $10 million in cryptocurrency from about 20 victims. On suspicion of operating fraudulent bitcoin investment schemes between 2018 and 2021 is Eugene Austin, 60, of Port Jefferson, New York. In April of this year, his son Brandon, 27, of Coram, New York, filed a guilty plea, which was made public by the US Department read more Crypto crackdown continues in New York with third fraud case announced. Stay info...
Cyber Criminals Are Using Mining Pools to Launder Crypto
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Cyber Criminals Are Using Mining Pools to Launder Crypto

According to Chainanlysis, cybercriminals are increasingly sending their stolen money to crypto mining pools to conceal where it came from. The blockchain analysis company claimed that these malevolent actors use mining pools, which allow groups of miners to pool their processing capabilities, as a de facto mixer. Remember that you cannot track cryptocurrency through services, including mining pools, so in this scenario the mining pool functions similarly to a mixer in that it obscures the source of funds and gives the impression that the money is coming read more Cyber Criminals Are Using Mining Pools to Launder Crypto. Stay one step ahead of cyber threats with ReconBee.com. Explore our comprehensive coverage of recent cyber attacks, cybersecurity awareness, and the latest cyber...
New DoubleFinger Loader Targets Cryptocurrency Wallets with Stealer
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New DoubleFinger Loader Targets Cryptocurrency Wallets with Stealer

A cutting-edge attack targeting users in Europe, the United States, and Latin America has been seen to deploy a cryptocurrency stealer known as GreetingGhoul using a revolutionary multi-stage loader called DoubleFinger. According to a paper published on Monday by Kaspersky researcher Sergey Lozhkin, "DoubleFinger is deployed on the target machine, when the victim opens a malicious PIF attachment in an email message, ultimately executing the first of DoubleFinger's loader stages." A customized version of espexe.exe, or the Microsoft Windows Economical Service Provider application, which is designed to run shellcode in order to retrieve a PNG image file from the image hosting service Imgur, serves as the launchpad for the attacks read more New DoubleFinger Loader Targets Cryptocurrenc...
North Korean man charged with crypto laundering in US
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North Korean man charged with crypto laundering in US

According to the Department of Justice (DoJ), a North Korean national is suspected of collaborating with cryptocurrency traders to recover digital monies taken in cyberattacks and using them to buy products from the United States for his heavily sanctioned homeland. Sim Hyon Sop, 39, was charged on April 24 in a federal court in the District of Columbia. They further claim Sim attempted to make money for the Democratic People's Republic of Korea through a number of "money laundering conspiracies designed to generate revenue." According to the DoJ, Sim's two-pronged scheme involved stealing money that had been stolen in cryptocurrency exchange breaches and working read more North Korea man charged with crypto laundering in US. With ReconBee.com Stay ahead of the latest threats wit...
Crypto Firms Are Likely Target for 3CX Attacks
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Crypto Firms Are Likely Target for 3CX Attacks

According to Kaspersky, a recent supply chain hack connected to North Korea was likely designed to target Bitcoin firms with backdoor software. It was assumed that the sophisticated multi-stage campaign's purpose was to infiltrate the targeted organizations with an info stealer. The Russian AV provider has connected the attacks to backdoor malware known as "Gopuram," which it has been following since 2020. This verifies that North Korea's Lazarus is the most likely assault organization and shifts the attackers' apparent final purpose from cyber espionage to digital currency robbery read more Crypto Firms Are Likely Target for 3CX Attacks. With ReconBee.com Stay ahead of the latest threats with in-depth coverage of cyber attacks and cybersecurity trends, and the latest cybersecuri...
Telegram WhatsApp Trojanized to Target Cryptocurrency Wallets
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Telegram WhatsApp Trojanized to Target Cryptocurrency Wallets

It has been discovered that dozens of websites have been put up to distribute Trojanized versions of the WhatsApp and Telegram apps to Android and Windows users. Security experts at ESET have found that the majority of these apps rely on malware called clipper that is intended to steal or alter the contents of the Android clipboard. They are all pursuing the bitcoin funds of their victims, with several of them focusing on cryptocurrency wallets. This was the first time we had observed Android clippers concentrating solely on instant messaging read more Telegram WhatsApp Trojanized to Target Cryptocurrency Wallets. Stay up-to-date with the latest cybersecurity news and increase your cybersecurity awareness through ReconBee.com's in-depth coverage of the newest threats, breaches, a...
ChipMixer Crypto Laundromat Shut Down By German and US Authorities
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ChipMixer Crypto Laundromat Shut Down By German and US Authorities

An investigation spearheaded by German and American authorities and supported by Europol, Belgium, Poland, Switzerland, and other countries has focused on the cryptocurrency mixer known as ChipMixer. The anti-money-laundering operation, which was carried out on Wednesday, destroyed the ChipMixer network and confiscated four servers, 7TB of data, and 1909.4 Bitcoins (approximately $47.3m) in 55 transactions. According to reports, the majority of the confiscated monies were linked to dark web markets, crypto assets that had been stolen, ransomware organizations, trafficking in illegal items, and the purchase of materials for child sexual abuse read more ChipMixer Crypto Laundromat Shut Down By German and US Authorities. Stay informed with the best cybersecurity news and raise your ...
Hackers steal around $200 million from crypto lender Euler Finance
Risk, Security

Hackers steal around $200 million from crypto lender Euler Finance

The blockchain surveillance company PeckShield on Monday posted a threatening tweet to the cryptocurrency loan site Euler Finance with the simple message: "Hello […] you may want to take a look." The firm advised Euler to check at a number of transactions that suggested an ongoing hack against Euler was taking place. PeckShield claims that hackers used Euler "in a frenzy of transactions" to steal about $197 million in cryptocurrency. BlockSec, a cryptography security company, also reported the hack. According to a website that tracks cryptocurrency thefts and frauds read more Hackers steal around $200 million from crypto lender Euler Finance. Stay informed with the best cybersecurity news and raise your cybersecurity awareness with our comprehensive coverage of the latest threats...
Major Phishing Campaign Targets Trezor Crypto Wallets
Resources, Risk, Security

Major Phishing Campaign Targets Trezor Crypto Wallets

An ongoing multi-channel phishing attempt aimed at tricking users into allowing access to their wallets has been acknowledged by cryptocurrency hardware company Trezor. In a tweet, the company issued a warning: "The attackers contact the victims by phone call, SMS, and/or email to suggest that there has been a security breach or suspicious activity on their Trezor account. "We did not discover any proof of a recent database intrusion. You won't ever get calls or SMS messages from us. Hardware-based wallets are offered by Trezor allowing consumers to store their cryptocurrencies read more Major Phishing Campaign Targets Trezor Crypto Wallets. Stay informed with the best cybersecurity news and raise your cybersecurity awareness with our comprehensive coverage of the latest threa...