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Security Bite: Ransomware payments hit record $1.1 billion in 2023 despite previous year’s decline – 9to5Mac

Security Bite: Ransomware payments hit record $1.1 billion in 2023 despite previous year’s decline – 9to5Mac

It was a landmark year for ransomware in 2023 and a well-publicized one following the MOVEit and MGM Resorts beaches that shook the security industry. Not only did threat actors collectively pocket a record-breaking $1.1 billion from victims, but a new report highlights how the scope and complexity of these attacks are becoming increasingly concerning….

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After Crypto Whales’ $6.2 Billion Purchase: Can Bitcoin Surge to $57,000?

After Crypto Whales’ $6.2 Billion Purchase: Can Bitcoin Surge to $57,000?

Bitcoin remains at the forefront of investor interest, recently witnessing a remarkable phase of accumulation by so-called crypto whales. These significant players in the cryptocurrency market have made bold moves, signaling a potentially transformative period for Bitcoin’s future valuation. Crypto Whales Buy Billions in Bitcoin Bitcoin whales have accumulated an additional 140,000 BTC in the…

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Digital Currency Group Accused of $3 Billion Crypto Fraud

Digital Currency Group Accused of $3 Billion Crypto Fraud

New York Attorney General Letitia James has accused Digital Currency Group (DCG) and its affiliates of conducting a crypto fraud scheme estimated to exceed $3 billion. This expansion triples the initial accusations in October, implicating DCG, its Genesis Global Capital unit, and the Gemini Trust, operated by Cameron and Tyler Winklevoss. $3 Billion Crypto Fraud…

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