Tag: bitcoin

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‘Illegal Crypto Mining is a Huge Drain on a Nation’s Power Resources’

Hackers and ransomware groups have benefitted immensely by leveraging blockchain and cryptocurrencies to secure multi-million-dollar payouts. Cryptocurrency transactions are untraceable and not regulated by...

Crypto.com Suffers Unauthorized Activity Affecting 483 Users

Cryptocurrency exchange platform Crypto.com announced that unknown threat actors compromised its user accounts. In an official release, the company stated that a small number...

How Illicit Cryptomining Works, And How to Prevent It

Whether it’s a surge in value or a decline, cryptocurrencies always make headlines. In addition to price fluctuations, various crypto-related issues such as cryptomining,...

30 Governments Join Hands to Suppress Ransomware Payment Channels

The Virtual Counter-Ransomware Initiative meeting facilitated by the White House National Security Council, to deliberate the efforts to improving national resilience, addressing the misuse...

China Issues Stricter Ban on Cryptocurrency Activity – Global Markets Under Pressure

In a recent announcement, the People’s Bank of China issued a blanket ban on cryptocurrency activity like trading and mining in the country. The...

Mr. White Hat Controls Poly Network’s User Assets for Fun!

Reported as the largest Decentralized Finance (DeFi) Platform hack, Poly Network is the most recent addition to the high value list of victims of...