crypto and cyber crimes Archives

Cameroon Losses 12.2 Billion To Cybercrime: Report Shows.

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CRYPTO AND CYBER SECURITY NEWS / NEWS / WEB 3.0
27/10/2022

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The National Agency for Information and Communication Technologies (ANTIC) reported that cybercrime caused financial losses of CFA12.2 billion to the Cameroonian economy in 2021, which is...

Men Sentenced For Using Sim Swapping To Steal Cryptocurrencies.

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CRYPTO AND CYBER SECURITY NEWS / NEWS
23/10/2022

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Two men from Massachusetts, USA, were sentenced last Wednesday for an extensive scheme to take over victims’ social media accounts and steal their cryptocurrency using techniques...

Crypto Hackers Stole Over $3 Billion In 125 Hacks In 2022 Q3.

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CRYPTO AND CYBER SECURITY NEWS / NEWS
17/10/2022

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Recent data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that...

Binance BNB Smart Chain Paused Over Multimillion Dollar Hack; The Biggest Hack?

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CRYPTO AND CYBER SECURITY NEWS / DeFi / NEWS
07/10/2022

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Binance BNB Smart Chain Paused Over Multimillion Dollar Hack. The cryptocurrency market witnessed another hack attempt on the BNB Chain was exploited by hackers,CEO of Binance...

MEV Bot Loses Over $1 Million Within An Hour Of Flip Heist.

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CRYPTO AND CYBER SECURITY NEWS / CRYPTOCURRENCY NEWS / NEWS
29/09/2022

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An MEV bot operator earned massive profits worth $1 million by seizing an arbitrage opportunity,however, it was tricked into authorizing a malicious transaction that resulted in...

Crypto Scams Drop Following the Exit of Gullible Newbies in 2022: Chainalysis Report

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CRYPTO AND CYBER SECURITY NEWS / NEWS
18/08/2022

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Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through...

North Korean Hackers Stole $400M Worth of Crypto In 2021: Chainalysis

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NEWS
14/01/2022

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Dictator Kim Jong-Un nation of North Korea crypto hackers stole almost $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis...

“Safeguard Your Digital Assets !”: CSEAN As EFCC Makes Over 80% Cybercrime Convictions

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NEWS
08/10/2021

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The Economic and Financial Crimes Commission, EFCC, has revealed that 80 percent of the convictions it has made were offences related to cyber security. The commission...

Criminals Now Prefers Cryptocurrency-EFCC Chairman.

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NEWS
08/09/2021

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Chairman of the Economic and Financial Crimes Commission (EFCC) says bitcoin and ethereum are now criminals’ favourite means of exchange. Abdulrasheed Bawa, EFCC chairman, made the...

The Biggest Crypto Heist; Poly Network Hackers Ready To Return Loot.

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CRYPTO AND CYBER SECURITY NEWS / NEWS
11/08/2021

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The invisible poly network hacker who stole over $600 million cryptocurrency funds has announced his willingness to return the loot. According to Etherscan, at about 4:00...