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....
Related News
Esports organization 100 Thieves is known to be on the cutting edge of culture, often described as the “hoodie org” by esports loyalists who have competitive gaming at the forefront. However, 100 Thieves (100T) and it’s founder Nadeshot have honed in on bringing an unparalleled balance of cultural relevance and competitive execution. What better way […]
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: […]
With all the coverage surrounding massive Crypto Theft and Scams recently, whether it’s The DAO, OneCoin, or questionable ETC ownership policies on major exchanges, it’s easy to ignore the more mundane events in this arena. Luckily, Steve Manos, A man in Lake Worth Florida, was brave enough to ignore best practices and common sense to bring us this gem of an example of how not to buy Bitcoin. Thieves Ill-Informed as Their Victim. Manos apparently needed several thousand dollars in Bitcoin, and quickly. Instead of waiting a few days on the verification process integral to services like....