The U.S. Securities and Exchange Commission (SEC) on Tuesday announced that it will expand and rebrand its Cyber Unit to fight against cyber-related threats and protect investors in cryptocurrency markets. To that end, the SEC is renaming the Cyber Unit within the Division of Enforcement to Crypto Assets and Cyber Unit and plans to infuse 20 additional positions with the goal … [Read more...] about SEC Plans to Hire More Staff in Crypto Enforcement Unit to Fight Frauds
Crypto
Lazarus Group Behind $540 Million Axie Infinity Crypto Hack and Attacks on Chemical Sector
The U.S. Treasury Department has implicated the North Korea-backed Lazarus Group (aka Hidden Cobra) in the theft of $540 million from video game Axie Infinity's Ronin Network last month. On Thursday, the Treasury tied the Ethereum wallet address that received the stolen funds to the threat actor and sanctioned the funds by adding the address to the Office of Foreign Assets … [Read more...] about Lazarus Group Behind $540 Million Axie Infinity Crypto Hack and Attacks on Chemical Sector
Crypto scam on Discord uses fake news websites
Since we described how scammers are tricking Discord users into registering on fake cryptocurrency exchanges, they have harnessed new and even more effective techniques. What’s the catch, and can you protect yourself? Origins In the earlier grift, members of Discord cryptocurrency communities received private messages from trading platforms supposedly giving away … [Read more...] about Crypto scam on Discord uses fake news websites
Nation-State Hackers Caught Hiding Espionage Activities Behind Crypto Miners
A nation-state actor known for its cyber espionage campaigns since 2012 is now using coin miner techniques to stay under the radar and establish persistence on victim systems, according to new research. Attributing the shift to a threat actor tracked as Bismuth, Microsoft's Microsoft 365 Defender Threat Intelligence Team said the group deployed Monero coin miners in attacks … [Read more...] about Nation-State Hackers Caught Hiding Espionage Activities Behind Crypto Miners