The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams.
The total volume on the crypto exchange has fallen 4.9% in the last 24 hours.
BuyUCoin initially denied the reports of a data breach, but added that all user funds are safe.
Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday.
The post Iranian hackers use cryptojacker to bypass sanctions, says report appeared first on CryptoSlate.
Investigators reportedly identified the individuals by tracing the crypto exchange accounts used to launder the funds.
Successful applicants can use the funds to buy a ticket to the company’s headquarters.
“Are you able to imagine all the possible consequences that can occur to you and your loved ones?” said the scammer.
But to be fair, they’re a long way behind remote-controlled junk cages.
EXMO has confirmed an estimated $4 million of cryptocurrency was stolen through the exchange Poloniex during a hack on Dec. 21.
Russian crypto exchange Livecoin claims that it has suffered a “carefully planned attack,” but some in the community suspect an exit scam.