Florida city pays $600,000 to ransomware gang to have its data back

Florida city pays $600,000 to ransomware gang to have its data back

The city council for Riviera Beach, Florida, voted this week to pay more than $600,000 to a ransomware gang so city officials could recover data…

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Coronavirus-themed spam surged 14,000% in two weeks says IBM

Coronavirus-themed spam surged 14,000% in two weeks says IBM

Since February, spam exploiting the novel coronavirus has jumped by 4,300% and 14,000% in the past 14 days, according to IBM X-Force, IBM’s threat intelligence…

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Bitwise Asset Management report Claims 95% of Bitcoin Trading Volumes are Fake, Overstating True Size of the Market

Bitwise Asset Management report Claims 95% of Bitcoin Trading Volumes are Fake, Overstating True Size of the Market

A recent analysis by Bitwise Asset Management, the leading provider of cryptoasset index and beta funds, has recently claimed that 95 percent of Bitcoin’s reported…

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DOJ charges Ohio man with laundering over $300 million via bitcoin

DOJ charges Ohio man with laundering over $300 million via bitcoin

Federal authorities arrested an Ohio man for operating a cryptocurrency laundering service that moved some $300 million in bitcoin via a “tumbling” operation. Larry Dean…

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Lazarus Group Widens Tactics in Cryptocurrency Attacks

Lazarus Group Widens Tactics in Cryptocurrency Attacks

MacOS users, as well as Windows, are in the cross-hairs, especially those based in South Korea. North Korea-linked APT Lazarus Group has been spotted targeting…

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Tim Draper Urges Argentina’s President to Legalize Bitcoin to Improve Economy

Tim Draper Urges Argentina’s President to Legalize Bitcoin to Improve Economy

Crypto bull Tim Draper has given advice to the president of Argentina to legalize Bitcoin (BTC) in order to improve the economic situation in the…

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Sale of Seized Bitcoin Attracts Buyers from 100+ Countries

Sale of Seized Bitcoin Attracts Buyers from 100+ Countries

Crypto auction firms like Wilsons Auctions are ushering a new way of legitimizing virtual assets even as fraudulent transactions seem to keep rising. In a…

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Ransomware or Wiper? LockerGoga Straddles the Line

Ransomware or Wiper? LockerGoga Straddles the Line

Ransomware attacks have been in the news with increased frequency over the past few years. This type of malware can be extremely disruptive and even…

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Dark Web Drug Dealer Pleads Guilty To Using Cryptocurrency to Launder More Than $19 Million

Dark Web Drug Dealer Pleads Guilty To Using Cryptocurrency to Launder More Than $19 Million

Hugh Brian Haney pled guilty in Manhattan federal court last week to money laundering charges, based on the proceeds of a narcotics trafficking operation that…

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Tor Weaponized to Steal Bitcoin

Tor Weaponized to Steal Bitcoin

A years-long campaign targets users of Russian darknet markets with a modified install of a privacy-oriented browser. Criminals are using the Tor browser — long…

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