Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of …
Hacking group ‘8220’ grows cloud botnet to more than 30,000 hosts
A cryptomining gang known as 8220 Gang has been exploiting Linux and cloud app vulnerabilities to grow their botnet to more than 30,000 infected hosts. The group is a low-skilled, …
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PREMINT NFT Tool hacked, $500,000 May Have Been Stolen from Users
The cryptocurrency market has been in a bear market since the beginning of the year, and most projects have lost massive value. However, despite the bear market, hackers have not shied away from the …
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Below MSRP and Only Getting Cheaper: The GPU Deluge Begins
We've been watching GPU prices fall since the start of the year, but the past few weeks suggest things could get a lot worse — for the graphics card manufacturers and GPU vendors, that is — in the …
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How Blockchain Brought Solid Level Security To Fortune 500 Companies
Cybercrime is estimated to cost the world more than $10 trillion annually by 2025. If measured as the GDP of a country, that would represent the third biggest economy in the world after the U.S. and …
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Crypto bridges are coming under attack
One of the challenges for the crypto industry is how many blockchains there are and how complex it is to move across them. This has led to the growth of bridges for people to send tokens across …
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US disrupts North Korean hackers that targeted hospitals
The FBI and Justice Department recently disrupted the activities of a hacking group that was sponsored by the North Korean government and that targeted U.S. hospitals with ransomware. The FBI and …
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FBI says fake crypto apps defrauded investors of more than $42 million
The FBI recently issued a warning to consumers about fraudulent crypto applications that have scammed 244 victims out of about $42.7 million since Oct. 2021. “The FBI has observed cyber criminals …
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Why is the price of Ethereum soaring? Analyst cites ‘two certainties’
After a brutal few months for the price of Ethereum's native token, Ether (ETH) has gone on a run. ETH is up over 41% in the last seven days, and is currently trading at around $1,555, according to …
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DeFi and Cybersecurity: What Future Holds?
Decentralised finance is blockchain applications that cut out intermediaries from financial products and services like loans, savings and swaps. It has its rewards but also carries plenty of risks. …
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