Bitcoin ATMs have experienced a severe bout of cash drain after a zero-day bug was exploited to steal a total of $1.5 million in digital currency. The ATMs, located in various convenience stores, function along the lines of regular banking ATMs except your dealings are all in the cryptocurrency realm. As Ars Technica notes, a particular feature of the affect

Cryptocurrency ATM maker General Bytes suffered a security breach over the weekend, the hackers stole $1.5M worth of cryptocurrency. Cryptocurrency ATM manufacturers General Bytes suffered a security incident that resulted in the theft of $1.5M worth of cryptocurrency. GENERAL BYTES is the world’s largest Bitcoin, Blockchain, and Cryptocurrency ATM manufa

Ryuk, a mainstay of the ransomware scene for some years until it transformed into Conti (and then split off into other groups after that), is back in the news again... though not in the way you might have imagined. It’s not a compromise, or a surprise comeback. What we have is a guilty plea, as a Russian citizen is the focus of a ra

Do you ever wonder if your cryptocurrency platform cashes in ransomware payments? Maybe not, but it might be worth investigating. Bitcoin-associated ransomware continues to plague companies, government agencies and individuals with no signs of letting up. And if your platform gets sanctioned, you may instantly lose access to all your funds. What exchanges o

The Silk Road was the first modern dark web marketplace, an online place for anonymously buying and selling illegal products and services using Bitcoin.  Ross Ulbricht created The Silk Road in 2011 and operated it until 2013 when the FBI shut it down. Its creator was eventually arrested and sentenced to life in prison. But in a plot twist right out of

The U.S. FBI attributes the $100 million cyber heist against Harmony Horizon Bridge to North Korea-linked Lazarus APT. The U.S. Federal Bureau of Investigation (FBI) this week confirmed that in June 2022 the North Korea-linked Lazarus APT group and APT38 stole $100 million worth of cryptocurrency assets from the Blockchain company Harmony Horizon Bridge.

The BTC.com cryptocurrency platform was the victim of a cyberattack that resulted in the theft of $3 million worth of crypto assets. BTC.com is a website that provides services for managing and transferring Bitcoin, it offers a digital wallet for storing Bitcoin, a trading interface for exchanging Bitcoin with other cryptocurrencies and fiat currencies, a

Nicholas Truglia (25) from Florida was sentenced to 18 months on Thursday for his involvement in a digital heist that cost Michael Terpin (@michaelterpin), a renowned personality in the cryptocurrency space, $23.8M. The theft happened on January 2018, where Truglia and his co-conspirators targeted Terpin with a SIM swap attack. They hijacked Terpin's phone n

Whether you’ve been naughty or nice, someone will try and stuff a scam down your chimney either way. The FBI is warning of several likely ways to be parted from your funds or logins, and we’re going to give some additional context along with tips to avoid these digital lumps of coal. Social media shopping scams The FBI says: Consumers should bew

A look back on the year 2022 and what to expect in 2023 Every year, as part of the Kaspersky Security Bulletin, we predict which major trends will be followed in the coming year by attackers, who target financial organizations. The predictions, based on our extensive experience, help individuals and businesses improve their cybersecurity and prevent the vast

Cryptocurrency prices were dropping from the end of 2021 and throughout the first half of 2022. Although finance experts and retail investors estimate crypto to have a solid chance of recovery in the long term, at the time of writing this report the prices remain low. However, cybercriminals are capitalizing on this vulnerable industry more than ever. From a

The U.S. Department of Justice condemned James Zhong, a hacker who stole 50,000 bitcoins from the Silk Road dark net marketplace. The US Department of Justice announced that a man from Georgia, James Zhong, has pleaded guilty to wire fraud after stealing more than 50,000 bitcoins from the Silk Road. Zhong pled guilty to money laundering crimes, he exp

Billboards and digital real world advertising has raised many questions of privacy and anonymity in recent years. Until now, the primary concern has been (mostly) legal, yet potentially objectionable geolocation and user profiling. Bluetooth beacons work in tandem with geofenced billboards to send you offers. Stores follow your movements and tailor products

The FBI is warning academics to be on their guard, as an embattled education sector continues to experience attacks and breaches, with data spilling onto the so-called dark web. The government agency’s Private Industry Notification [PDF] cites US academic credentials up for grabs from a variety of sources. A stepping stone to compromise From the

The U.S. Department of Treasury sanctioned cryptocurrency mixer Blender.io used by North Korea-linked Lazarus APT. The U.S. Department of Treasury sanctioned the cryptocurrency mixer Blender.io used by the North Korea-linked Lazarus APT to launder the funds stolen from Axie Infinity’s Ronin bridge. This is the first time ever, Treasury is sanctionin