cryptocurrency

Hashtag Trending September 14- Apple VS Epic Games; Google employee allegations; Litecoin declines after fake news

The post Hashtag Trending September 14- Apple VS Epic Games; Google employee allegations; Litecoin declines after fake news first appeared on IT World Canada.

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A bug unravels 3D printer security, cryptocurrency sites can’t stop getting hacked, and hear our special guest spill a cup of tea while inhabiting his wife’s knicker drawer.

All this and much more can be found in the latest edition of the award-winn…

Read More Smashing Security podcast #240: 3D printer hijacks, crypto fails, and a tech billionaire’s revenge

The person behind the Bitcoin Fog was identified and arrested. Bitcoin Fog was an anonymization service: for a fee, it mixed a bunch of people’s bitcoins up so that it was hard to figure out where any individual coins came from. It ran for ten years.

Identifying the person behind Bitcoin Fog serves as an illustrative example of how hard it is to be anonymous online in the face of a competent police investigation:

Most remarkable, however, is the IRS’s account of tracking down Sterlingov using the very same sort of blockchain analysis that his own service was meant to defeat. The complaint outlines how Sterlingov allegedly paid for the server hosting of Bitcoin Fog at one point in 2011 using the now-defunct digital currency Liberty Reserve. It goes on to show the blockchain evidence that identifies Sterlingov’s purchase of that Liberty Reserve currency with bitcoins: He first exchanged euros for the bitcoins on the early cryptocurrency exchange Mt. Gox, then moved those bitcoins through several subsequent addresses, and finally traded them on another currency exchange for the Liberty Reserve funds he’d use to set up Bitcoin Fog’s domain…

Read More Identifying the Person Behind Bitcoin Fog

With investors currently bullish on Bitcoin, is its high value driving cybercriminals to pursue crypto-generating forms of cybercrime like ransomware and illicit miners? At time of writing, the value of one Bitcoin is north of $58 thousand. Famously volatile, a crash is widely expected to accompany the current bubble, perhaps before the end of 2021. […]

The post Is the Value of Bitcoin Tied to Ransomware Rates? appeared first on Webroot Blog.

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The United States Department of Justice has charged three North Korean computer programmers with a range of cyber attacks that made headlines around the world.

Read more in my article on the Tripwire State of Security blog.

Read More US charges North Korean hackers in relation to WannaCry, Sony Pictures attack, and an attempt to steal more than a billion dollars from banks

Skyrocketing Bitcoin prices prompt resurgence in mining malware As the price of the cryptocurrency Bitcoin pushes record highs, there’s been a corresponding resurgence in cryptomining malware. Illicit miners had slipped off the radar as Bitcoin’s value plummeted in recent years, but now authors are hoping to profit off the latest price increase. Researchers have identified […]

The post Cyber News Rundown: Cryptomining Malware Resurgent appeared first on Webroot Blog.

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