In a blog post Sunday, Coinbase confirmed the company blocks over 25,000 addresses related to Russian individuals and entities due to illicit activity, a practice that was already happening prior to the Ukrainian invasion.
Deputy Attorney General Lisa Monaco announced a series of new Department of Justice cybercrime initiatives Thursday at the Munich Cyber Security Conference, including a new, centralized FBI unit to combat cryptocurrency-dependent crime.
Nearly $3 in every $4 paid to a ransomware attack stems from a ransomware strain affiliated with Russian actors, according to a new report from cryptocurrency forensics group Chainalysis.
The Justice Department announced Tuesday the government seized $3.6 billion in stolen cryptocurrency and the arrest of a Manhattan couple for an alleged conspiracy to launder bitcoin stolen during a 2016 hack of virtual currency exchange Bitfinex.
North Korea has stolen roughly $50 million in cryptocurrency between 2020 and mid-2021, according to a report prepared for the United Nations Security Council's North Korea sanctions committee, Reuters reported.
The popular bridge to move cryptocurrency from one blockchain to another, saw 120,000 Ether — approximately $325 million — stolen by hackers in a move that could destabilize the bridge.
Researchers found that attackers had exploited a “security flaw” that allowed them to withdraw nearly $80 million through Binance Coin in what is the largest crypto-hack so far of 2022.
The amount of cryptocurrency transferred from illicit wallets to decentralized finance (DeFi) services spiked 1,964% between 2020 and 2021, according to a preview of an upcoming annual report from Chainalysis.
