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Joel Ortiz, a college student who allegedly stole cryptocurrency worth over $5 million, has pleaded guilty and accepted a 10-year prison sentence. Ortiz was arrested last year and accused of hijacking the phone numbers of around 40 people. He is now the first person to be sentenced for the crime, commonly known as SIM swapping. … Read more
Indictment for SIM swapping that resulted in crypto theft represents first prosecution of its kind in New York Go to Source Powered by WPeMatico
A 20-year-old hacker is set to serve 10 years in prison after pleading guilty to cryptocurrency theft valued at $5 million Go to Source Powered by WPeMatico
A newly published report reveals that about $1.7 billion in cryptocurrency had been obtained via illicit means in 2018 Go to Source Powered by WPeMatico
A new report alleges that just two groups of hackers dominate the majority of cybercrime directed against cryptocurrency exchanges. Together, these groups have responsible for stealing about $1 billion of cryptocurrency so far. Also Read: Arwen Enables Self-Custody for Traders of Centralized Exchanges The Most Lucrative of All Crypto Crimes Digital surveillance company Chainalysis has … Read more
Italian bankruptcy court has ordered the founder of hacked Italian cryptocurrency exchange BitGrail to return as many hacked assets to his customers as possible Go to Source Powered by WPeMatico
A report outlined by blockchain analytics company Chainalysis reveals that two hacker groups account have reportedly stolen $1 billion in cryptocurrency Go to Source Powered by WPeMatico
An unidentified individual or group has reportedly placed a link to a phishing LocalBitcoins clone website on the official LocalBitcoins forum Go to Source Powered by WPeMatico
After obtaining your first bitcoins on an exchange, you’ll want to keep them safe, even if the funds are only sitting there temporarily. One way to keep your crypto secure online is by using two-factor authentication (2FA). Security is of utmost importance when it comes to storing cryptocurrency in an online wallet and 2FA adds another layer … Read more
Analysts claim that as much as ~$16 million worth of Ethereum and ERC20 tokens were stolen in the recent hack of New Zealand exchange Cryptopia Go to Source Powered by WPeMatico
