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Crypto took a major hit last year with losses exceeding $5.6 billion, mainly driven by investment fraud, tech support scams, and social engineering via government impersonation.  Latest findings published by the FBI’s Internet Crime Complaint Center (IC3), the product of almost 70,000 reports, marks this 45% rise as a new record high for the industry.  The US alone accounts for $4.8 billion of these reported cases, followed by the Cayman Islands, Mexico, Canada, the UK, India, and Australia.

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The US president signed an executive order (E.O.) on 9 March for “ensuring responsible innovation in digital assets.”  The E.O. is designed to, among other things, crack down on the use of cryptocurrency among cybercriminals.[1]

This long-awaited directive orders federal agencies, including the Department of Justice and the Treasury Department, to coordinate their approach to the booming cryptocurrency sector.  Although the order does not lay out specific policy suggestions, it takes aim at cons

A new malware family is targeting Asian cloud service providers and using compromised resources to mine cryptocurrency. The malware, CoinStomp, makes use of Timestomping, Command and Control through reverse shells, removal of target system’s cryptographic policies, and references to a previous cryptojacking campaign, Xanthe.

Cryptojacking is the process of compromising machines and using their resources to mine for cryptocurrencies.  This attack method has grown popular as an alternative to buil