Security News

Travelex Pays $2.3M in Bitcoin to Hackers Who Hijacked Network in January
2020-04-10 12:18

Travelex has paid out $2.3 million in Bitcoin to hackers to regain access to its global network after a malware attack at the new year knocked the global currency exchange offline and crippled its business during the month of January. Travelex said in this case it was experts who advised the company pay those responsible for the New Year's Eve attack, which forced the company to shut down its online services and its mobile app.

Bill Gates’s YouTube ‘Bitcoin giveaway’ is a big fat scam
2020-04-01 13:15

On Monday, a video of former Microsoft CEO Bill Gates could be found playing on multiple YouTube channels that were broadcasting a well-known cryptocurrency Ponzi scam, ZDNet reported. In November 2019, cryptocoin news site Coin Rivet reported that scammers were hopping on YouTube live streams to bilk people by posing as the official foundations and development teams of popular cryptocurrencies.

QR code generator scam steals thousands in Bitcoin
2020-04-01 13:04

According to cryptocurrency enthusiast and Director of Security at MyCrypto, Harry Denley, a wily scammer has been operating a network of fake bitcoin QR code generators to dupe people out of their bitcoins. Bitcoin uses addresses as conduits to send and receive bitcoin payments.

Bitcoin ATMs: Security, demographics, transaction fees, and other details
2020-02-25 21:31

Coinsource now offers ATMs that customers can use to manage their Bitcoin.

Police bust alleged operator of Bitcoin mixing service Helix
2020-02-17 11:45

The US Department of Justice announced on Thursday that Larry Harmon, 36, of Akron, Ohio, has been indicted on three counts of allegedly running a Bitcoin mixer service called Helix from 2014 to 2017. Harmon's Helix bitcoin mixer allegedly moved at least 354,468 bitcoin on behalf of customers: a sum that was valued at over $300 million at the time of the transactions and which is now worth about USD $3.6 billion.

Greece to Extradite Russian Bitcoin Suspect to France
2019-12-20 16:43

Greece's justice ministry has decided to extradite to France Russian Alexander Vinnik, who allegedly headed the bitcoin exchange BTC-e, on suspicion of money laundering, a ministry source said...

Malicious Tor Browser Fleeces Darknet Users of Bitcoins
2019-10-20 14:18

Cybercriminals Have Stolen About $40,000 So Far, Researchers SayESET researchers have uncovered a new cybercriminal scheme that uses a trojanized version of the Tor Browser for stealing bitcoins...

Malicious Tor Bowser Fleeces Darknet Users of Bitcoins
2019-10-18 17:48

Cybercriminals Have Stolen About $40,000 So Far, Researchers SayESET researchers have uncovered a new cybercriminal scheme that uses a trojanized version of the Tor Browser for stealing bitcoins...

Bitcoin money trail leads cops to ‘world’s largest’ child abuse site
2019-10-18 11:25

The Darknet server running the site, "Welcome to Video", and the website's convicted admin were tracked down by a global police force.

Thanks crims: UK cops' first auction of ill-gotten Bitcoin nets them £240k
2019-09-30 14:00

Cryptocurrency from selling hacking services, deets online helps fund fight against crime British cops have raised £240,000 in their first ever UK-based auction of cryptocurrencies seized from a...