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Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report – Security Bitcoin News

Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According to Unit 42 in their “Cloud Thread Report,” cryptojacking attacks have been decreasing … Read more

Hackers Target Github Server Infrastructure to Mine Cryptocurrencies – Security Bitcoin News

Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github Actions’ According to The Record, a Dutch security engineer, Justin Perdok, detected a cyberattacker … Read more

Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021 – Security Bitcoin News

A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to the “Cryptocurrency Scam Report” published by fraud prevention company Bolster and shared with … Read more

Paypal Acquiring Crypto Security Firm Curv to Expand Digital Asset Initiatives – Bitcoin News

Payments giant Paypal has announced that it is acquiring Tel Aviv-based crypto security infrastructure provider Curv. According to Paypal, this acquisition will help the company “expand its initiatives to support cryptocurrencies and digital assets.” The deal is reportedly worth less than $200 million. Paypal Holdings Inc. (NASDAQ: PYPL) announced Monday “that it has agreed to … Read more

xSigma Passes Security Audit and Prepares to Launch Stablecoin DEX With LP Rewards – Press release Bitcoin News

press release PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin pairs, will go live on February 24, having passed a third-party security audit. Blockchain security company Hacken audited the xSigma smart contracts and found no … Read more

Troubled NZ Crypto Exchange Cryptopia Suffers Another Hack in the Midst of Liquidation Process – Security Bitcoin News

Controversy still surrounds a liquidated New Zealand cryptocurrency exchange, which allegedly got hacked again. Adding to the $30 million stolen in 2019, Cryptopia reports that it was the target of a another theft incident on February 1, 2021. Hackers Accessed a Dormant Wallet Which Holds XSN Tokens According to Stuff.co.nz, the hackers took around NZD … Read more

US Government Expands Charges Against North Korean Hackers- Authorities Describe Them as The ‘World’s Leading Bank Robbers’ – Security Bitcoin News

The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat during coordinated cyber-heists. North Korean Hackers Also Developed and Deployed Malicious Crypto Apps According to the announcement, law enforcement expanded charges to Park Jin Hyok, … Read more

Markets Re-Enabled While Asset Borrow Is Paused – Security Bitcoin News

Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations are continuing. The Exploit After the exploit, the value of … Read more

Expert warns Hackers are Targeting Russian Government’s IT Infrastructure to Mine Cryptocurrencies – Security Bitcoin News

A state-affiliate cybersecurity expert warned about hackers exploiting the Russian government’s IT facilities to mine cryptocurrencies. The deputy director of the National Coordination Center for Computer Incidents believes such threat actors have been very active in recent times. Global Cybersecurity Landscape Remains ‘Tense’ According to TASS, Nikolai Murashov pointed out that hackers managed to inject … Read more

Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security – Regulation Bitcoin News

Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit, filed Monday in a Florida district court alleges that the “sale … Read more

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