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After Exit Scam, Incognito Darknet Market Operators Now Threaten User Data Leak in Extortion Twist

After Exit Scam, Incognito Darknet Market Operators Now Threaten User Data Leak in Extortion TwistNumerous accounts have recently revealed that shortly after the darknet market (DNM) Incognito apparently conducted an ‘exit scam,’ its operators have now informed their clients and merchants they are facing extortion. The team behind Incognito claims possession of crypto asset transaction logs and archived conversations from its users, warning that this information will be leaked […]

Pantera Capital to raise $1 billion for new crypto fund

Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency

Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital CurrencyEconomist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced by individuals who fear a digital currency could hinder “un-woke activities such as tax evasion and […]

Pantera Capital to raise $1 billion for new crypto fund

Hive Ransomware Network Dismantled by American, European Law Enforcement

Hive Ransomware Network Dismantled by American, European Law EnforcementLaw enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple of years, often extorting payments in cryptocurrency. Captured Decryption Keys […]

Pantera Capital to raise $1 billion for new crypto fund

Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange

Hacker Sent to Prison for Robbing Vietnamese Crypto ExchangeAuthorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he misappropriated. Vietnamese Court Jails Hacker for Attacking Crypto Exchange Website A resident of Ho Chi […]

Pantera Capital to raise $1 billion for new crypto fund

Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent

Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See PrecedentThe City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have […]

Pantera Capital to raise $1 billion for new crypto fund

France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik

France Rejects Russian Request to Extradite BTC-e Operator Alexander VinnikJudicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health deteriorating after spending almost four years in detention. Court Case Against Vinnik Continues in France The operator of the infamous […]

Pantera Capital to raise $1 billion for new crypto fund