Security News

Bitcoin Forensic Analysis Uncovers Money Laundering Clusters and Criminal Proceeds
2024-05-01 14:25

A forensic analysis of a graph dataset containing transactions on the Bitcoin blockchain has revealed clusters associated with illicit activity and money laundering, including detecting criminal...

Bitcoin Fog mixer operator convicted for laundering $400 million
2024-03-13 12:54

Russian-Swedish national Roman Sterlingov was convicted by a federal jury in Washington, D.C., for operating Bitcoin Fog between 2011 and 2021. Bitcoin Fog was one of the longest-running cryptocurrency "Tumblers" on the dark web, which cybercriminals from multiple darknet marketplaces used to launder their criminal proceeds.

Change Healthcare attack latest: ALPHV bags $22M in Bitcoin amid affiliate drama
2024-03-04 21:01

ALPHV/BlackCat, the gang behind the Change Healthcare cyberattack, has received more than $22 million in Bitcoin in what might be a ransomware payment. Dmitry Smilyanets, an intelligence analyst at infosec outfit Recorded Future, spotted a Bitcoin wallet believed to be linked to ALPHV received 350 Bitcoins, right now worth at least $22 million, in a single transaction on March 1.

LockBit ransomware gang has over $110 million in unspent bitcoin
2024-02-23 18:13

The LockBit ransomware gang received more than $125 million in ransom payments over the past 18 months, according to the analysis of hundreds of cryptocurrency wallets associated with the operation. The investigation found that more than 2,200 BTC - more than $110 million at today's exchange rate, remained unspent when LockBit was disrupted.

Police seize record 50,000 Bitcoin from now-defunct piracy site
2024-01-31 19:58

The police in Saxony, eastern Germany, have seized 50,000 Bitcoin from the former operator of the pirate site movie2k. As the police announced, one of the two suspects voluntarily transferred Bitcoin to the Federal Criminal Police Office.

SEC’s X account hacked to post fake news of Bitcoin ETF approval
2024-01-10 13:35

Someone has hijacked the X account of the US Securities and Exchange Commission, and posted an announcement saying the agency has decided to allow the listing of Bitcoin ETFs on registered national security exchanges. SEC X account hijacked, "Unauthorized tweet" posted.

US SEC’s X account hacked to announce fake Bitcoin ETF approval
2024-01-09 22:30

The X account for the U.S. Securities and Exchange Commission was hacked today to issue a fake announcement on the approval of Bitcoin ETFs on security exchanges. "Today the SEC grants approval to Bitcoin ETFs for listing on registered national security exchanges," read the fake X post.

SEC Twitter hijacked to push fake news of hotly anticipated Bitcoin ETF approval
2024-01-09 21:48

Breaking The SEC today said its Twitter/X account was hijacked to wrongly claim it had approved hotly anticipated Bitcoin ETFs, causing cryptocurrency to spike and then slip in price. In a now-deleted tweet shared in the past hour, the American financial regulator appeared to say: "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges. The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection."

Randstorm Exploit: Bitcoin Wallets Created b/w 2011-2015 Vulnerable to Hacking
2023-11-20 09:16

Bitcoin wallets created between 2011 and 2015 are susceptible to a new kind of exploit called Randstorm that makes it possible to recover passwords and gain unauthorized access to a multitude of...

North Korea may be itching to sell $40m of purloined Bitcoin
2023-08-23 18:45

Lazarus Group, the infamous cryptocurrency thieves backed by North Korea, may try to liquidate a stash of stolen Bitcoin worth more than $40 million, according to the FBI. In an alert issued on Tuesday, agents said they tracked the purloined cryptocurrency over the past 24 hours. Most recently, on June 22 Lazarus Group stole $60 million in virtual currency from Alphapo, which processes payments for gambling services.