FinCEN associate director says his agency has its eyes on DeFi projects

The Ronin Bridge attack has drawn attention to how DeFi projects can be weaponized in national security threats.

financial news

Texas man gets 5 years for stealing 38,000 PayPal account credentials

by Suzanne Smalley • 1 week ago

DOJ said Marcos Ponce will spend five years in prison and pay back $1.4 million in stolen money.

Cryptocurrency regulators are scrambling to catch up with hackers who are swiping billions

by Tonya Riley • 2 weeks ago

But who's in charge has become a game of hot potato.

FBI warns agricultural sector of heightened risk of ransomware attacks

by Suzanne Smalley • 4 weeks ago

The agricultural sector has been hit by a rising number of costly ransomware incidents.

In a first, Treasury Department sanctions major cryptocurrency mining firm

by Tonya Riley • 4 weeks ago

Treasury: "By operating vast server farms that sell virtual currency mining capacity internationally, these companies help Russia monetize its natural resources."

North Korea aims 'TraderTraitor' malware at cryptocurrency workers

by Tonya Riley • 1 month ago

The Cybersecurity and Infrastructure Security Agency is attributing the campaign to hackers known as the Lazarus Group.

Treasury updates Lazarus Group sanctions with digital currency address linked to Ronin Bridge hack

by Joe Warminsky • 1 month ago

The address received $600 million in Ethereum and other digital currency during the March attack, crypto-tracking company Chainalysis said.

A practical reason why crypto might not work for large-scale sanctions evasion

by Joe Warminsky • 1 month ago

According to crypto-tracking company Chainalysis, the markets probably couldn't handle it without prices tanking.

FIN7 hacker sentenced to five years

by Tonya Riley • 1 month ago

Denys Iarmak, a Ukrainian national, was involved with the Russia-linked hacking group between November 2016 and November 2018.

Hydra market's servers, $25M in bitcoin seized by German police in dark web sting

by Joe Warminsky • 1 month ago

Narcotics trafficking and money laundering were the main business for Hydra, which researchers say was the largest dark-web market.

Notorious hacking group FIN7 adds ransomware to its repertoire

by Tonya Riley • 2 months ago

Ransomware strains such as Maze, Ryuk and BlackCat have increasingly been part of FIN7's playbook in recent years, Mandiant says.

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