cryptocurrencies

The South Korean government has supplemented the Law on the Protection of Users of Virtual Assets with a provision introducing a standard of life imprisonment for theft of cryptoassets on a particularly large scale. On February 7, the Financial Services Commission (FSC) published a notice...

Another case of fraud occurred in Buryatia ― a resident of the Kabansky district tried to make money on cryptocurrencies, but trusted the scammers and lost about 1.8 million rubles. A 45-year-old man responded to an offer to earn money on cryptocurrencies. At the same time, he was well aware of...

American payment giant Visa has added the ability to directly withdraw funds from cryptocurrency wallets to its cards. At the same time, cryptoassets will be automatically converted to national currencies. Residents of 145 countries will have access to the new feature, and to withdraw funds...

After tracking the ransomware in hot pursuit, the specialists managed to restore the entire chain of actions in the blockchain. Finnish law enforcement agencies managed to trace Monero transactions to identify the ransomware hacker, despite the anonymous features of the cryptocurrency. In...

In the United States, amendments to mandatory reporting for received cryptocurrency payments in amounts exceeding $10,000 came into force on January 1. The Infrastructure Investment and Jobs Act introducing these changes was signed into law by United States President Joe Biden back in November...

Users who downloaded the fake Ledger Live app from the Microsoft Store lost $768,000 in various cryptocurrencies. This was noticed by on-chain analyst ZachXBT. Since October 19, the program has been distributed under the guise of a legitimate user interface for Ledger wallets, which allows you...

The country's parliamentarians approved a new bill. The UK Parliament has approved a new bill that will strengthen measures to combat crimes in the field of cryptocurrencies. The draft law "On Countering Economic Violations and Corporate Integrity" regulates a wide range of crimes: from...

The head of the Department of the Executive Service of the Ministry of Justice of Ukraine Maxim Kiselyov reported to the cyber police about the theft of $647,000 in cryptocurrencies. This is reported by "StopKor" with reference to sources in law enforcement agencies. The case was opened in May...

A teenager from Arizona hacked the SIM cards of executives from Northern California. He committed the theft of millions of dollars in bitcoins. The hacker used part of the stolen funds to buy a BMW i8 car for $150,000. The US Department of Justice has accused a teenager and his accomplices of...

South Korea is preparing a new step in the cyber war with Pyongyang. South Korea plans to introduce a bill that will allow tracking and freezing cryptocurrencies and other virtual assets used by North Korea, The Block reports, citing a local publication. The goal of the initiative is to stop...

The Singapore police announced the arrest of 10 people on suspicion of laundering more than 950 million SGD (~$700 million), including through digital assets. All those arrested are citizens of China, Cyprus, Cambodia, Turkey and Vanuatu. Eight more people are being sought. “As a result of an...

Crypto F Transaction is a malware developed by the FCryptoCoder group which allows you to install a firewall in the token system to allow the sending of different cryptocurrencies on the blockchain network. It sends 4 different cryptos: Bitcoin, Ethereum, USDT and BUSD. A software have...

Visa is considering the possibility of creating an offline payment system based on digital currency, the head of the company's cryptocurrency division, Kai Sheffield, said in an interview with Forbes. He added that research in this direction continues, more details will become known over...

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The words "anonymity" and "cryptocurrency", since the appearance of the second, are quite closely related. Even when creating bitcoin, Satoshi Nakamoto said that it is now possible to anonymously make cross-border payments, and even with minimal commissions. But people understand it in different...

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