cryptocurrencies

The head of the National Health Service of the United Kingdom, Amanda Pritchard, called on British lawmakers to take urgent measures to prevent the growing dependence of young people on cryptocurrency trading. Amanda Pritchard (Amanda Pritchard) announced the identification of a new form of...

As with any new technology, the development of AI-based innovations in the crypto industry has stimulated their use for criminal purposes. This is stated in the Elliptic report. The company's specialists have identified five main typologies for such criminal activity: * using generative AI to...

In this article, we tried to answer the question of what privacy is and how it can be achieved in Bitcoin and other digital currencies. In addition, here you will learn about specific mechanisms for achieving confidentiality, as well as how they are applied in practice. The topic will be of...

While working on launching monitoring of cryptocurrency exchangers on Bits.media, I started compiling a list of risks that I encountered and which users wrote to me about after incidents. And so that the good stuff doesn’t go to waste, I decided to put everything in a separate article. I added a...

How quantum computers can destroy the usual encryption systems. Professor Massimiliano Sala of the University of Trento in Italy recently discussed the future of blockchain technologies and their relationship to encryption and quantum computing with the Ripple team as part of the company's...

Individuals who use digital assets to launder money in Taiwan face prison sentences ranging from six months to five years. This follows from the new anti-fraud laws. The package includes: Law on Fraud Prevention and Control. Law on Prevention and Combating Money Laundering. Law on...

Opinions about crypto markets are generally polar: some consider them an effective financial instrument, while others consider them an unstable asset with high activity. However, there is no denying that cryptocurrencies are firmly established in the world and Russian practice. Both as an...

Sources of the Hash Telegraph publication report that the American company Tether actively replenishes the black list of wallets and blocks users from accessing USDT stablecoins. After the events of November 2017, when an unknown hacker stole more than $30 million in USDT stablecoins from the...

How relevant are virtual safes for protecting confidential data? Do they guarantee 100% security? And what hacking methods are used by intruders to get inside the cryptographic container? Answers and details can be found in this article. What is a cryptographic container? On the user side, a...

The Central Bank of Russia, the Federal Financial Monitoring Service (Rosfinmonitoring) and five major banks are testing a new "Know Your Crypto Client" service. It will allow credit institutions to identify links between customers ' operations with cryptocurrency and conventional money...

CoralRaider improves malware to bypass protection. According to a new report from Cisco Talos, the CoralRaider group uses CDNs to distribute malware in the United States, Great Britain, Germany, and Japan. The campaign is aimed at stealing credentials, financial information, and social media...

Turkish police have arrested Utka Erdem, deputy head of the DenizBank branch in Antalya's Manavgat district, and seven other employees of the bank on suspicion of embezzling customer funds and making illegal cryptocurrency transactions. As a result of an inspection conducted at DenizBank, it...

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...