Security News

FBI warns against using unlicensed crypto transfer services
2024-04-25 21:16

The FBI has warned today that using unlicensed cryptocurrency transfer services can result in financial loss if law enforcement takes down these platforms. This announcement is aimed at crypto transfer platforms not registered as Money Services Businesses and non-compliant with anti-money laundering requirements as mandated by U.S. federal law.

Two cuffed in Samourai Wallet crypto dirty money sting
2024-04-25 17:15

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DOJ Arrests Founders of Crypto Mixer Samourai for $2 Billion in Illegal Transactions
2024-04-25 10:21

The U.S. Department of Justice (DoJ) on Wednesday announced the arrest of two co-founders of a cryptocurrency mixer called Samourai and seized the service for allegedly facilitating over $2...

Crooks exploit OpenMetadata holes to mine crypto – and leave a sob story for victims
2024-04-18 21:53

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Hackers Exploit OpenMetadata Flaws to Mine Crypto on Kubernetes
2024-04-18 05:54

Threat actors are actively exploiting critical vulnerabilities in OpenMetadata to gain unauthorized access to Kubernetes workloads and leverage them for cryptocurrency mining activity. That's...

Alleged cryptojacker accused of stealing $3.5M from cloud to mine under $1M in crypto
2024-04-16 16:31

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Crypto miner arrested for skipping on $3.5 million in cloud server bills
2024-04-15 18:10

The U.S. Department of Justice has announced the arrest and indictment of Charles O. Parks III, known as "CP3O," for allegedly renting large numbers of cloud servers to conduct crypto mining and then skipping out on paying the bills. The DOJ explains that the defendant created a unique scheme that utilized $3.5 million worth of cloud computing resources to mine $970,000 worth of cryptocurrency at the expense of two cloud service providers.

Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts
2024-04-13 14:25

A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3...

Ex-Amazon engineer gets 3 years for hacking crypto exchanges
2024-04-12 17:54

Former Amazon security engineer Shakeeb Ahmed was sentenced to three years in prison for hacking two cryptocurrency exchanges in July 2022 and stealing over $12 million. The breached entities are Nirvana Finance, a decentralized crypto exchange, and an unnamed exchange on the Solana blockchain platform that Ahmed hacked using his smart contract reverse engineering and blockchain audit skills.

Hackers deploy crypto drainers on thousands of WordPress sites
2024-04-08 18:22

Almost 2,000 hacked WordPress sites now display fake NFT and discount pop-ups to trick visitors into connecting their wallets to crypto drainers that automatically steal funds. Website security firm Sucuri disclosed last month that hackers had compromised approximately 1,000 WordPress sites to promote crypto drainers, which they promoted via malvertising and YouTube videos.