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

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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...

30 Governments Join Hands to Suppress Ransomware Payment Channels

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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...

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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...

Illicit Cryptomining Surges Amid Soaring Crypto Value

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Most cybercriminals are financially motivated, performing various malicious cyber activities to generate revenue. Several threat actor groups leverage cryptocurrencies, demanding ransom payments in Bitcoin...

How Cryptojacking and Cryptomining Assaults Work

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When reporters asked the infamous bank robber Willie Sutton why he robbed banks he allegedly replied, “because that’s where the money is”. It was...

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