Browsing: Cybercrime

Ireland’s proposed encryption backdoor legislation faces strong opposition from privacy advocates who warn it could increase cybercrime risks, deter businesses, and compromise national security while fitting into broader European regulatory trends affecting digital rights.

The Scam Farms Marque and Reprisal Authorization Act of 2025 proposes using state-sanctioned privateers to combat cybercrimes like crypto theft, with potential implications for asset seizure and national security in the evolving digital landscape.

The cryptocurrency exchange CoinDCX recently suffered a significant security breach, leading to a $44 million loss. This event has sparked widespread concern over the security protocols of centralized exchanges and their impact on the cryptocurrency market.

The cryptocurrency market faces increasing threats from fraud and crime, with recent cases highlighting the need for stronger regulations and security measures to protect investors and ensure market integrity.

July 2025 marked a pivotal moment for the cryptocurrency industry, not due to market highs or technological breakthroughs, but because of an unprecedented wave of security breaches. These incidents, totaling over $142 million across 17 attacks, highlighted the ongoing vulnerabilities within the crypto ecosystem.

Recent cases highlight the growing use of cryptocurrency in criminal activities, from money laundering to extortion, underscoring the need for enhanced regulatory oversight and international cooperation.

House Republicans propose a 7% cut to the SEC’s 2026 budget, targeting enforcement of cybersecurity disclosure rules and sparking debate over corporate accountability.

2025 sees a sharp rise in Bitcoin ‘wrench attacks’, with incidents on track to double the previous worst year’s record, driven by Bitcoin’s soaring value and misconceptions about cryptocurrency anonymity.

Exploring the factors behind the surge in crypto-related crimes and what the future holds for safer digital currency practices.

A crypto scammer’s prison sentence was significantly increased after failing to repay over $20 million stolen through a SIM-swapping scheme, highlighting the legal risks of cryptocurrency crimes.

The US Treasury sanctions a cryptocurrency wallet linked to cybercrime, targeting the Russia-based Aeza Group for hosting ransomware and info-stealers.

The first half of 2025 has seen unprecedented losses in the cryptocurrency sector, with private key exploits and front-end protocol attacks accounting for 80% of the $2.1 billion stolen, according to TRM Labs.

The FBI’s recent indictment of ‘IntelBroker’ highlights the ongoing battle against cybercrime and its implications for the cryptocurrency community.

Blockchain investigators warn of a ‘crime supercycle’ in crypto, driven by political memecoins and lax regulations.

Exploring the nuanced world of crypto crime beyond the headlines, this article delves into the technical exploits and regulatory challenges facing the blockchain industry today.

Iran’s central bank enforces a curfew on crypto exchanges after a $100M hack on Nobitex, highlighting the geopolitical tensions affecting the crypto world.