Bank Hackers Set up “Enormous Network” to Mine Bitcoin for Laundering Money

Europol has revealed that an international group of cyber criminals, which has stolen over a billion dollars from multiple banks by hacking their ATMs, has been using cryptocurrency as a means to conduct money laundering. The information was made public after cooperation by investigators from all over the world led to the arrest of the … Read more

NEM Foundation Stops Tracking Coins Stolen from Coincheck

The NEM Foundation has announced it will no longer track cryptos stolen from the Japanese exchange Coincheck. The Singapore-based organization said it had provided law-enforcement agencies with information from its investigations. It did not explain its decision to end the tracking efforts. According to some estimates, half of the NEM coins that disappeared in the … Read more

Coincheck Drops Anonymous Monero, Dash, Zcash

Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, … Read more