A Hacker is Attempting to Sell a Las Vegas Hotel Database for Crypto
The MGM Resort suffered a massive data breach in 2019 that left 142 million hotel guests exposed. A hacker is now selling the stolen database for roughly $2,900. According to …
Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto
A Texas resident was charged by the U.S. Attorney for the Southern District of Texas on July 14. Allegations suggest that he fraudulently filed loan applications for $1.1 million through …
US Army Seeks a Cloud-Based Solution to Track Illicit Crypto Activities
The United States Army Criminal Investigation Division Command (USACIDC) is seeking a Software-as-as-Service web application to help them track and trace illicit cryptocurrency transactions. According to a statement of work …
US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering
Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. On July 13, the U.S. Commodity …
Police Thwart Dark Web Criminals Who Planned to Firebomb a Nebraskan Pharmacy
A dark web drug lord and a Nebraskan pharmacist pled guilty to federal charges on July 13 after both were accused of conspiring to bomb a competing business. According to …
Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies
Coinbase defended the licensing of its analytics software saying if people really wanted privacy, privacy coins were around. Coinbase CEO Brian Armstrong took to Twitter to talk about Coinbase Analytics …
Unitize Roundup: Top 10 Quotes From the Virtual Blockchain Conference
The five-day Unitize virtual blockchain conference organized by BlockShow and San Francisco Blockchain Week ended with the final session on Friday. The event saw appearances from Heath Tarbert, the chairman …
How the US and Europe Are Regulating Crypto in 2020
Cryptocurrencies have been around for more than 10 years, but the legal status of Bitcoin (BTC) and most other cryptocurrencies remains unclear and has different definitions in various jurisdictions. Are …
US Secret Service Creates Finance-Related Cybercrime Task Force
The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and Financial Crimes Task Forces …
Much Anticipated Central Bank Digital Currencies Raise Privacy Concerns
Central Bank Digital Currencies, or CBDCs, have been an increasingly popular topic in the cryptosphere and financial world as a whole, especially with the onset of the COVID-19 crisis. In …