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Crypto-stealing malware discovered in Python Package Index — Checkmarx

According to cybersecurity firm Hacken, financial losses from crypto hacks topped $440 million in the third quarter of 2024.

Researchers at the Checkmarx cybersecurity firm sounded the alarm on a dangerous form of malware uploaded to the Python Package Index (PyPI) — a platform for Python developers to download and share code — that steals private keys, mnemonic phrases, and other sensitive user data.

According to the firm, the malware was automatically uploaded by a suspicious user in several different software packages meant to mimic decoding applications for popular wallets like MetaMask, Atomic, TronLink, Ronin, and other industry staples.

The malware was cleverly embedded within parts of the software packages. This allowed the malicious software to go largely undetected due to what appeared to be harmless code.

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme

US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for M SchemeA Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). Using various online aliases, Kaura led a global network selling stolen payment card data, using cryptocurrencies like […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

Google Faces Lawsuit After M in Crypto Stolen via Play Store AppA Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Crypto Money Laundering on Cross-Chain Bridges Surges 138% Year-on-Year in 2023, According to Chainalysis

Crypto Money Laundering on Cross-Chain Bridges Surges 138% Year-on-Year in 2023, According to Chainalysis

Cybercriminals are turning to cross-chain bridges to move illicit funds, according to market intelligence platform Chainalysis. Cross-chain bridges enable users to transfer crypto assets from one blockchain to another. In a new report, Chainalysis says the amount of crypto that bridge protocols received from illicit addresses increased from just $312.2 million in 2022 to $743.8 […]

The post Crypto Money Laundering on Cross-Chain Bridges Surges 138% Year-on-Year in 2023, According to Chainalysis appeared first on The Daily Hodl.

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Report: US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents Abroad

Report: US Revenue Collector IRS to Send Four Crypto Crime Investigation Agents AbroadThe Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the use of crypto and decentralized finance products in global financial and tax crimes. According to the tax collector’s spokesperson, the IRS will be able to determine the success of the pilot program by rating the […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than CryptoThe U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls for policymakers to increase oversight. […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Seoul Sanctions North Korea Over Crypto Theft

Seoul Sanctions North Korea Over Crypto TheftSouth Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean Hackers With First Cybercrime Sanctions The […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Metamask Wallet Users Warned to Be on the Lookout for Address Poisoning Attacks

Metamask Wallet Users Warned to Be on the Lookout for Address Poisoning AttacksTo avoid becoming victims of an address poisoning attack, Metamask wallet users should ditch the practice of copying and pasting wallet addresses, the crypto wallet app support team has warned. Metamask users should instead “develop a habit of thoroughly checking every single character of an address” before sending a transaction. Scammers Exploiting Users’ Carelessness Metamask […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Darknet Users Leverage a New Blockchain Analytics Tool That Scans for Ties to Criminal Activity

Darknet Users Leverage a New Blockchain Analytics Tool That Scans for Ties to Criminal ActivityAccording to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet the Blockchain Analytics Tool ‘Antinalysis’ Hosted on Tor On August 13, the blockchain surveillance company Elliptic published […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals

Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report RevealsCyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming Crypto Markets Bring Out Cybercriminals Despite the ongoing Covid pandemic still leading […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements