Drug Trafficking

U.S. Immigration and Customs Enforcement (I.C.E) has detailed recently how it is now working to expose transactions made by illegal drug traffickers using virtual currencies to cover their tracks. In a sworn testimony to a Senate committee on Jan. 25th, ICE’s deputy assistant director Greg Nevano said the agency has seenRead More →

Crypto

Coincheck has confirmed that it has suffered what now appears to be the biggest hack in the history of the crypto-technology.  In a press conference the other day the exchange’s President Wakata Koichi Yoshihiro and COO Yusuke Otsuka estimated its loss is at 58 billion yen (approximately $533 million). Five hundred millionRead More →

Ransomware

Bitcoin Is Now Losing Steam in the Ransomware Department:   Cyber slueths at Fortinet have discovered a cryptocurrency application that is actually a ransomware app in disguise.  The cybersecurity firm in its recent report, indicated that the SpriteCoin application to be a new kind of nefarious ransomware technique. It promptsRead More →