Industry Report: Bitcoin Thieves Abound As Popularity Skyrockets
Kraken grows its empire, a new strain of malware is spreading, and a bitcoin auction occurs in Australia. Want to catch up on the latest digital currency news? Take a look at the stories below. RANSOMWARE. Cerber, regarded as one of the most dangerous types of bitcoin ransomware existing today, has been cloned as an undisclosed type of malware that targets Office 365 users, and millions of businesses are believed to be infected. Though not fully understood, the malware can bypass Office security protocols where it then executes large-scale phishing attacks. A voice-recorded message soon....
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A bitcoin buyer is robbed, the latest game to pay in digital currency, and new initiatives for fighting ransomware are set forth. Want to catch up on your latest digital currency news? Take a look below. BITCOIN ROBBERY. A bitcoin buyer has undergone quite a scare after being robbed at knifepoint. 32-year-old Steve Manos of Lake Worth, Florida set out to take part in what he thought was a routine bitcoin sale last Sunday in a nearby parking lot. The thieves, whom Manos had done business with before, held him at knifepoint in the street before making off with the $28,000 USD he had brought....
The robbers lured a female cryptocurrency trader into an office and threatened her with a weapon, according to a report.
The latest research from Europol called the Europol Internet Organized Crime Threat Assessment makes it clear how thieves’ use of Bitcoin is changing. The report talks about the use of stablecoins like Tether (USDT) and Bitcoin for illegal activities, and how Monero is becoming more popular for private transfers, among other key findings. Related Reading: […]
Cryptocurrency has secured immense popularity across the globe. The increase in popularity of crypto, however, cannot be interpreted as increase in awareness about the same. India has been fascinated with the industry despite all the uncertainties in regulatory framework that continues to exist. As popularity grew, so did scams and other fraudulent practices related to […]