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Latest coverage for Cryptocurrency

Cryptocurrency security covers theft, fraud, ransomware payments, wallet compromise, and blockchain risks involving digital assets and transactions.

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Cryptocurrency is a digital asset secured by cryptography and recorded on a decentralized blockchain ledger. It enables peer-to-peer transactions without intermediaries, relying on consensus mechanisms like proof-of-work or proof-of-stake to validate and add transaction blocks. Users control funds through private keys, which are critical for accessing and transferring cryptocurrency.

From an information security perspective, protecting private keys is paramount, as their compromise leads to irreversible theft. Cryptocurrency exchanges and wallet software are frequent targets for hacking, requiring robust security controls and vulnerability management. Additionally, the pseudonymous nature of transactions can facilitate illicit activities, challenging efforts to trace funds and enforce compliance. Defenses include hardware wallets, multi-factor authentication, and secure key management practices to mitigate risks inherent in cryptocurrency operations.

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Malware Not Yet Deployed in the Wild, Says EsetNew malware dubbed HybridPetya spotted on VirusTotal is adding to steadily growing pile of bootkits, creating more opportunities for hackers to infect desktops before the operating system and antivirus programs load. No telemetry exists showing HybridPetya has been deployed in the wild.

Bank Info Security 10 months ago

Cryptohack Roundup: SwissBorg's $41M Exploit

Also: Hackers Use Ethereum Smart Contracts to Hide Malicious npm CodeSwissBorg $41M hack, hidden malicious npm code, sanctions on Southeast Asian networks, California launderer's sentencing, Kinto's shuttering, Venus Protocol pays back victim, Nemo Protocol hack, DOJ's $5M recovery effort, Lagarde's proposed rules and the SEC-CFTC plan for market clarity.

Cybersecurity researchers have disclosed details of a new campaign that leverages ConnectWise ScreenConnect, a legitimate Remote Monitoring and Management (RMM) software, to deliver a fleshless loader that drops a remote access trojan (RAT) called AsyncRAT to steal sensitive data from compromised hosts

Bank Info Security 10 months, 1 week ago

Money Mule Networks Surge 168% Fueling Digital Banking Fraud

BioCatch Says Crime Groups Have Industrialized Operations With Stablecoin TransfersOrganized crime groups have industrialized digital banking fraud operations in the United States, with money mule networks surging 168% in the first half of 2025. Money mules are being recruited at unprecedented scale, and they're using stablecoins to transfer funds to crypto exchanges.

Miscreants cost victims time rather than money During the two-hour window on Monday in which hijacked npm versions were available for download, malware-laced packages reached one in 10 cloud environments, according to Wiz researchers. But crypto-craving crims did little more than annoy defenders.…

Bank Info Security 10 months, 1 week ago

Hackers Compromise 18 NPM Packages in Supply Chain Attack

Attacker Socially Engineered Developer With Phishing EmailA hacker laced 18 popular npm packages with cryptocurrency stealing malware after socially engineering the developer into giving up his credentials to the JavaScript runtime environment. Aikido Security said the 18 software packages collectively have downloads of more than two billion each week.

Krebs on Security 10 months, 1 week ago

18 Popular Code Packages Hacked, Rigged to Steal Crypto

At least 18 popular JavaScript code packages that are collectively downloaded more than two billion times each week were briefly compromised with malicious software today, after a developer involved in maintaining the projects was phished. The attack appears to have been quickly contained and was narrowly focused on stealing cryptocurrency. But experts warn that a similar attack with a slightly more nefarious payload could quickly lead to a disruptive malware outbreak that is far more difficult to detect and restrain.