Decentralization is a unique feature for cryptocurrency that removes the interference of third parties in crypto-asset transactions. While it could be an advantage in most cases for investors and other participants, it could limit fraud detection.Read more
A suspected developer of crypto mixing service Tornado Cash has been arrested in the Netherlands.
The individual was reprimanded by the Dutch Fiscal Information and Investigation Service on Wednesday.
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash.
According to the department, the mixing service has been responsible for $7 billion in illicit fund flows since its founding in 2019.
DeBridge Finance fended off a cyberattack yesterday, according to co-founder Alex Smirnov.
The modus operandi suggests the entity behind the attempted attack may be North Korean hacking syndicate Lazarus Group.
Crypto thieves from North Korea are impersonating experts using fake resumes and identities, Bloomberg News reported Aug. 1.Read more
Cybersecurity experts claim North Korean hackers are posing as job applicants for crypto jobs in wealthy countries to fund government operations.Read more
The Justice Department announced today it was able to seize half a million dollars from North Korean hackers.
The group had used a new strain of ransomware, “Maui,” to freeze the servers of two U.S.
The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government, which included two crypto payments made by U.S. health care providers.Read more