Cybercrime is a problem; there’s no sugarcoating the truth, but when it comes to cryptocurrency, it appears this crime is occurring on unprecedented levels. According to a new report released by Moscow-based cybersecurity firm Group-IB, nearly $900 million has been stolen from digital currency exchanges by hackers over the last two years. In addition, investors
This article was originally posted on Ethereum World News – an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain Ecosystem. For more follow the link below. Bancor, a decentralized cryptocurrency exchange project has become the latest victim of cryptocurrency hackers. The company announced on Monday (July 9, 2018) that
Cybercriminals are leaving no stone unturned in their quest to illegally acquire Bitcoin. From hacking exchange platforms to ransomware as well as cryptojacking attacks, hackers adopt a multitude of sophisticated means to steal cryptocurrencies. Since 2017, cryptos have steadily become more valuable. A handful of some coins can fetch a hefty price in fiat currency.
As cryptocurrencies expand and attract many investors all over the world, there have also been criminals trying to scam users and steal their funds. According to estimates form the Anti-Pishing Working Group, criminals have ben able to steal about $1.2 billion dollars in cryptocurrencies sin the beginning of 2017. Cryptocurrency Criminals The research shows that