Cybercrime

Belarus will Officially Confiscate Cryptocurrency Exposed to Criminal Activity
Mar 18, 2020 at 08:27
News
Belarus will Officially Confiscate Cryptocurrency Exposed to Criminal Activity
Belarus cybercrime authorities want to confiscate cryptocurrency involved in criminal activity, including money-laundering, terrorism financing and other fraudulent operations. All they need is an official permission from the government and the President.
Steven Seagal Fined $314k by SEC for Illegally Promoting ICO Ads
Feb 29, 2020 at 09:06
News
Steven Seagal Fined $314k by SEC for Illegally Promoting ICO Ads
Steven Seagal will pay $314,000 to settle allegations of unlawful cryptocurrency advertising, the US Securities and Exchange Commission (SEC) said. In 2018, the actor on social networks urged people not to miss the opportunity to participate in the initial public offering of cryptocurrency (ICO) Bitcoiin2Gen (B2G).
Italy: Weak Blockchain Regulations Expose Users to Risks
Apr 29, 2019 at 12:23
News
Italy: Weak Blockchain Regulations Expose Users to Risks
Several academic papers in Italy discuss the risks associated with cryptocurrencies including Bitcoin, Ethereum, Ripple and others, and warn that there are a number of vulnerabilities created by dependence on blockchain and distributed ledger technology, including cybercrime.
Italy Lost €10 Billion in Cryptocurrency via Cybercrime
Apr 17, 2019 at 11:12
News
Italy Lost €10 Billion in Cryptocurrency via Cybercrime
Cybercrime, such as online fraud, industrial undercover activities, and the use of cryptocurrency for money laundering, etc. in Italy, is the rapidly increasing malevolent business with the highest margins of diffusion in the future, according to the Global Risk Report 2019 by the World Economic Forum. The country incurred a loss of around €10 billion in 2018.
Police Warns Users of New Deadly Ransomware Scam &  Urge Not to Pay the Bitcoin Ransom
Oct 17, 2018 at 15:29
News
Police Warns Users of New Deadly Ransomware Scam & Urge Not to Pay the Bitcoin Ransom
A new deadly virus known as Dharma is seriously infecting computers (PCs) and servers by encrypting and locking files, which can only be successfully unlocked via a Bitcoin payment, responsible authorities warned on October 16, 2018.
Spanish Police Arrested Hacker Who Stole $1 Billion Using Cryptocurrency
Mar 29, 2018 at 14:43
News
Spanish Police Arrested Hacker Who Stole $1 Billion Using Cryptocurrency
A cybercrime gang leader, involved in stealing upward of $1.2 bln, has been arrested in Alicante, Spain. The gang ,consisting of Russian and Ukrainian nationals, robbed around 100 financial institutions worldwide and covered its tracks with the help of crypto coins.
Fighting the Most Dangerous Security Problem Using Blockchain Tech and Ethereum Smart Contracts
Mar 17, 2018 at 16:28
News
Fighting the Most Dangerous Security Problem Using Blockchain Tech and Ethereum Smart Contracts
The modern world relies on the Internet, virtual reality and IT solutions more than ever before and has become especially tasty for cybercriminals. It is a big market with real problems. The anti-virus companies turnover $8.5 billion a year and are expected to reach $6 trillion by 2021. Today, up to 70% of new threats go undetected and the cost of cybercrime damages is expected to double by 2021.
Mysterium Releases Whitepaper Showcasing Ethereum-Based Decentralised VPN
May 11, 2017 at 10:31
News
Mysterium Releases Whitepaper Showcasing Ethereum-Based Decentralised VPN
Zug, Switzerland, 10th May. Mysterium have released their white paper showcasing a new model for a blockchain-based virtual private network (VPN). Mysterium is developing the first fully decentralised and distributed VPN in an effort to safeguard online privacy. The whitepaper, released for comment today, outlines their vision for a global peer to peer network that combats the risk of cybercrime.
The First State in Asia to Adopt Blockchain to Fight Cybercrime
Dec 16, 2016 at 14:40
News
The First State in Asia to Adopt Blockchain to Fight Cybercrime
Andhra Pradesh, an Indian state located on the Southeastern coast of the country, has been reported as the first in Asia where the state government has introduced Blockchain technology to protect a database from cyber-attacks.
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