cybercrime
Privacy Coin Monero in Focus
As part of CoinDesk's Privacy Week, Grid News Tech Reporter Benjamin Power shares insights into his latest report on privacy coin monero, which has come under fire for emerging as the alleged "crypto of choice" for cybercriminals. Plus, breaking down Monero's use cases and where it stands in the U.S. regulatory environment.

Alleged Dark Web Blockchain Analytics Tool Antinalysis Suspended
Antinalysis helps cybercriminals avoid running the risk of being identified they attempt to cash out their illicit proceeds, according to a blockchain analytics firm.

US State Department Offers to Pay for Cybercrime Tips With Crypto
CoinDesk's Nihilesh De reacts to the U.S. State Department offering to pay up to $10 million in crypto for tips on cybercrime, including ransomware. "[This] is actually a first for the federal government," De said, noting the State Department has never provided crypto as a reward. Plus, Binance halting the trading of their stock tokens.

DOJ Charges Latvian National for Role in 'Trickbot' Ransomware Scam
The "Trickbot Group" told victims they would need to purchase special software through a bitcoin address to decrypt their files.

Russia's Darknet Criminals Have Novel Crypto Cash-Out System: 'Buried Treasure'
A darknet ad flagged by the crypto sleuths at Elliptic says vendors will bury vacuum-packed physical cash “5-20 cm under the ground.”

Darknet’s JokerStash Retiring After Making Over $1B Through Illicit Transactions
Crypto sleuthing firm Elliptic says one of the world's most prolific cybercriminals is going out on its own terms.

Cyberattackers Demand $11M in Bitcoin From Japanese Gaming Giant Capcom
Japanese gaming giant Capcom’s networks have reportedly come under attack, with criminals demanding a bitcoin ransom in exchange for not leaking confidential company information to the public.

Ken Kurson, Trump Family Friend and Ripple Board Member, Arrested on Cyberstalking Charge: Report
Ken Kurson was arrested Friday and charged with cyberstalking in connection with his divorce, the New York Times reported.

Argentine Telecom Hackers Demanded $7.5M in Crypto as Ransom
Argentina’s leading telecommunications company fought off a cyberattack on Saturday where hackers demanded a hefty ransom in monero to release keys that would allow infected computers back into the system.

Twitter Breach Reactions: Security Professionals Offer an Early Assessment
OpSec pros had a wide array of opinions on Wednesday's Twitter breach, but they all agreed the fault did not lie with each hacked account's owner.
