Belgium Regulator Blacklists 21 Crypto Firms Suspected of Fraud

The Financial Services and Markets Authority (FSMA) has added 21 new websites of suspected cryptocurrency scams to its blacklist. Belgium’s financial regulator published the list on its official website, bringing their tally of suspected crypto scams in the country to 99. The agency found that despite their prior warnings concerning the risks associated with crypto The post Belgium Regulator Blacklists 21 Crypto Firms Suspected of Fraud appeared first on CCN

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Bitcoin-Stealing Malware Targets Fortnite Gamers

The release of season six for the popular Fortnite video game has inspired the development of bitcoin-stealing malware disguised as game cheating tools. Malwarebytes Labs has discovered malware disguised as cheat tools that can steal data and bitcoin from Fortnite gamers, according to Christopher Boyd, the lead malware intelligence analyst. Malwarebytes Labs found the malware … Continued The post Bitcoin-Stealing Malware Targets Fortnite Gamers appeared first on CCN

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U.S. States Ask Indian Authorities to Seize Property of BitConnect Promoters

News of cryptocurrency investment fraud has hit the community again, as authorities of two U.S. states, Illinois and Arizona, have asked the Criminal Investigation Department (CID) in India to seize the property of several BitConnect promoters, per reports from the Times of India. BitConnect was an open-source cryptocurrency and an investment program accused of running The post U.S. States Ask Indian Authorities to Seize Property of BitConnect Promoters appeared first on CCN

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Bitcoin Not Useful for Terrorists, Expert Tells US Congress

Despite scattered reports and fears about crypto’s potential use in facilitating terror activities, multiple bitcoin fundraising attempts have failed and cash remains substantially more useful to terrorists. This was the message delivered by Yaya Fanusie, director of analysis for the Foundation For Defense of Democracies Center on Sanctions and Illicit Finance in a prepared testimony delivered The post Bitcoin Not Useful for Terrorists, Expert Tells US Congress appeared first on CCN

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Japanese Minister Denies Association with Cryptocurrency Firm Under Investigation

Seiko Noda, Japan’s internal affairs minister, denied having an interest in a cryptocurrency company under investigation and interfering in that investigation, according to a report in Asahi Shimbun. As a Cabinet minister, Noda could be accused of trying to influence a government investigation. Noda acknowledged that one of her aides was present at a meeting on The post Japanese Minister Denies Association with Cryptocurrency Firm Under Investigation appeared first on CCN

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Bitcoin Thieves are Monitoring 2.3 Million Addresses Using a Clipboard Malware: Report

Bleeping Computer, a technical support site, has warned cryptocurrency users to double check addresses to which they send cryptocoins before effecting transactions as a way of safeguarding against a growing type of malware that is re-directing transactions. This comes after the site said over the weekend that malware runners are monitoring more than 2 million The post Bitcoin Thieves are Monitoring 2.3 Million Addresses Using a Clipboard Malware: Report appeared first on CCN

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Cybercriminals Are Moving from Ransomware to Cryptojacking: Kaspersky Lab

According to a report published by Kaspersky Lab, a global cybersecurity company, there has been a significant shift from ransomware-related attacks to crypto-mining malware. The report claims that this type of attack — known as cryptojacking — has become a more profitable prospect for hackers and is the reason for the decline in ransomware attacks. … Continued The post Cybercriminals Are Moving from Ransomware to Cryptojacking: Kaspersky Lab appeared first on CCN

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Former Indian Politician Declared ‘Offender’ in $1.3 Million Bitcoin Extortion Case

An absconding former Indian politician and lawmaker has been declared an ‘offender’ by an Indian court after his involvement in a criminal kidnapping case complete with extortion in bitcoin. According to a report by the Indian Express on Monday, a local sessions court in Ahmedabad, a city in western India, has allowed a request by The post Former Indian Politician Declared ‘Offender’ in $1.3 Million Bitcoin Extortion Case appeared first on CCN

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