Kaspersky: Cryptocurrency Scammers Stole $2.3 Million in Q2

Cybercriminals earned more than $2.3 million from cryptocurrency scams during the second quarter of 2018, according to a new report from Kaspersky Lab. In its Spam and Phishing in Q2 2018 report, the company reported that it had prevented almost 60,000 attempts by users from visiting fraudulent web pages featuring popular cryptocurrency wallets and exchanges from April…

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Kaspersky Lab: $10 Mln in Ethereum Stolen Over Past Year via Social Engineering Tricks

Kaspersky Lab’s security experts have found that cyber criminals were able to steal more than 21,000 in Ethereum (ETH) (worth around $10 million) through social engineering schemes over the past year, Cointelegraph auf Deutsch reports Thursday, July 12. According to a July 9 report, cyber criminals have triggered more than a hundred thousand alarms altogether…

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$3 Billion: FTC Warns Consumers Could Pay High Price for Crypto Scams

Consumers lost $532 million to cryptocurrency-related scams in the first two months of 2018, an official for the Federal Trade Commission said Monday. Speaking during an event focused on cryptocurrency scams and fraud, Andrew Smith, director of the trade watchdog’s Bureau of Consumer Protection, offered the figure and said that the figure could swell into…

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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack

Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea’s leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. Bithumb’s blog post reads “Due to security issues; we are changing our system regarding…

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