By Laura Sanicola (Reuters) - U.S. energy companies are scrambling to buy more cyber insurance after this month's attack on Colonial Pipeline disrupted...

The US Treasury and Inland Revenue Service (IRS) are cracking down on what they see as cryptocurrency-fuelled tax evasion. Lack of a regulatory framework for [...]

The cybercriminal group DarkSide received at least $90M in ransom payments, paid in BTC, from several victims, including Colonial Pipeline.

A point of contention non-coiners have regarding Bitcoin is its alleged use by cybercriminals. People use the leading cryptocurrency for nefarious purposes, that’s a fact. However, so is every other form of money known to man. There’s a difference, though: The blockchain. It registers every Bitcoin transaction, forever. A point that the DarkSide saga illustrates […]

The Colonial Pipeline hackers dubbed as the DarkSide, netted more than $90 million in BTC in their latest Ransomware attack from different ransom payments as we can see more in our latest BTC scam news today. The hacking group behind the latest ransomware attack of the Colonial Pipeline made around $90 million in BTC in […]

The hacking group behind this month’s ransomware attack reportedly took in more than $90 million across dozens of ransom payments.

Chainalysis’ mid-year report shows total crypto paid to ransomware addresses increased by 337% in…

The post Crypto ransomware payments exceed $81 million in Q1 2021 appeared first on Coin Journal.

Blockchain analytics firm Elliptic says it has identified the Bitcoin wallet that hackers used to receive ransom payment from Colonial Pipeline, one of the largest fuel pipeline operators in the US.  The Eastern European criminal group DarkSide is linked to the ransomware attack that compromised the computer system of Colonial Pipeline, causing several days of […]

The post Blockchain Analytics Firm Tracks Down BTC Wallet of Hackers Who Caused US Gas Shortages appeared first on The Daily Hodl.

The team at blockchain analytics firm Elliptic revealed recently that they followed the Bitcoin (BTC) ransoms paid by Colonial Pipeline and other DarkSide...

LONDON (Reuters) - Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd's of London insurers AXA XL and Beazley among the...

The department is concerned with the use of cryptocurrencies by criminals.

A task force formed by the Department of Justice is set to give recommendations…

The post US DoJ to Combat Ransomware Crypto Attacks appeared first on Coin Journal.