Google and Apple are slipping when it comes to controlling what’s available for their platforms Sophos has released new findings on CryptoRom (cryptocurrency and romance) scams about a subset of techniques developed to trick dating app users into making fake cryptocurrency investments. Sophos X-Ops has followed CryptoRom fraudsters that have been refining their methods since
The crypto exchange believes the Lightning Network might help it speed up transactions In order to enable faster cryptocurrency payments, Coinbase is planning to integrate Bitcoin’s Lightning Network. CEO Brian Armstrong commented that Coinbase backs the efforts to facilitate Bitcoin payments via the Lightning Network. Armstrong was commenting in response to a tweet by former
Hackers are getting more sophisticated, uncovering new ways to steal crypto This week, researchers warned about two related malware campaigns, CherryBlos and FakeTrade, which target Android users to steal cryptocurrency and other money-making scams. The malware is distributed through fake Android apps on Google Play, social media platforms, and phishing sites. Trend Micro said its
Two people have been arrested and another is still under investigation for the crime Federal prosecutors say two armed suspects held an elderly North Carolina couple hostage in their home and threatened to “cut off (the) husband’s toes and genitalia, to shoot him, and to rape his wife” before stealing over $156,000 in cryptocurrency. According
The Argentine millionaire had been missing for a week A missing Argentinian cryptocurrency millionaire and Instagram influencer has been found dead, and police suspect he was murdered after his body was found dismembered in a suitcase. Crypto trader and influencer Fernando Pérez Algaba was reported missing on July 18 after failing to answer his phone
The platform believes North Korea’s Lazarus Group is behind the attack CoinsPaid has publicly accused North Korean state-backed Lazarus Group of being responsible for hacking its internal systems on July 22, allowing it to steal $37.3 million. “We suspect Lazarus Group, one of the most powerful hacker organizations, is responsible,” CoinsPaid clarified in a July
Greater oversight of cryptocurrency transactions is coming The US Department of Justice (DoJ) plans to double its crypto crime team launched in 2021. Not only will the unit add to the number of acting prosecutors, but it will also have a new leader. The National Cryptocurrency Enforcement Team (NCET) will merge with the Computer Crime
This will be the fourth generation of Reddit-linked NFTs launched to the world Even though the NFT (non-fungible token) industry is in a slump, Reddit keeps attracting new owners of digital collectibles created on the blockchain. It has announced that it will release its new series of collectible avatars on July 26, per an official
The controversial exchange hope to dismiss a lawsuit against it ahead of a July 27 deadline Binance, its CEO Changpeng Zhao, and former chief compliance officer Samuel Lim are planning to file two motions to dismiss a lawsuit filed by the United States Commodity Futures Trading Commission (CFTC). In the July 24 filing, they say
The securities watchdog has agreed to consider a crypto trading proposal from BlackRock The US Securities and Exchange Commission (SEC) has accepted the application by BlackRock to request a spot Bitcoin exchange-traded fund (ETF) following its recognition of a similar application by Bitwise. Two in one week marks a record for the securities watchdog, which
Cryptocurrency is taking center stage as presidential hopefuls look for support At the recent PAC Heal-the-Divide event, Democratic presidential nominee Robert F. Kennedy Jr. outlined detailed Bitcoin-focused policies he would implement as president, including support backing the US dollar with Bitcoin and an exemption from the capital gains tax on Bitcoin profits. “My plan would
Ripple received a partial victory in its fight with the SEC, which could benefit the cryptocurrency space Ripple Labs’ partial victory in its historic XRP battle with the Securities and Exchange Commission (SEC) may mark the first significant step toward regulatory transparency for the US cryptocurrency sector. This is the view of Caroline Pham, a
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