News & Analysis as of

Malware Cryptocurrency

BakerHostetler

Weekly Blockchain Blog - September 2024

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Crypto Payments Firms Announce New Integrations and Initiatives - According to reports, fintech bank Revolut recently announced a partnership with Ledger, a major crypto hardware wallet provider, to make it easier for...more

BakerHostetler

ETH Staking Data Published; Blockchain Solutions Launch; NY AG Proposes Crypto Legislation; UK Targets Crypto ATMs; Crypto Hack...

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ETH Staking Data Published, Blockchain Solutions Launch for Financial Services - According to a recent report, Ethereum’s ether (ETH) staking rewards “hit a record 8.6% post-Merge, with validators earning $46 million in...more

Ankura

Ankura CTIX FLASH Update - December 2022

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New Campaign Targets Telecom and Business Process Outsourcing Corporations - An increase in the targeting of telecommunications and business process outsourcing (BPO) companies has been identified and tied to a new...more

BakerHostetler

New Crypto Products Launch; US Official Addresses Crypto Regulation; State Securities Regulators Target Metaverse Casino NFTs; DOJ...

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Crypto Products Launch in Debit Cards, Payment Gateways, Trading Platforms - This week, two cryptocurrency financial services and trading platforms announced partnerships with traditional financial services companies to...more

Console and Associates, P.C.

United States Government Warns Investors About Malicious Cryptocurrency Trading Apps

While investors used to need to possess a certain level of tech-savviness to trade cryptocurrency, that is less and less the case these days. In recent years, many mainstream brokerage firms began to allow customers to buy...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #294 – Online Gamers Beware: Crackonosh Malware Hidden in Free Games

Security researchers from Avast have discovered that “Crackonosh” malware has been installed on free versions of some popular online games for the purpose of cryptomining. It is believed to be sourced from a Czech author....more

Foodman CPAs & Advisors

FinCEN to host second ‘exchange’ on preventing ransomware

The United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) will hold a second FinCEN Exchange in August to discuss ways to combat increasingly sophisticated cyber and ransomware attacks. The FinCEN...more

McGuireWoods LLP

CISA, FBI, and Treasury Issue Guidance on State Sponsored Cryptocurrency Malware Targeting Financial Institutions and...

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This past week the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the Department of Treasury (Treasury) released a joint advisory report on HIDDEN COBRA—the cyber...more

BakerHostetler

Cryptocurrency Trading Firms Expand Services Through Acquisitions, Regulatory Approvals and Investments, SEC Charges ICO Issuer,...

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U.S. Crypto Trading Firms Make Acquisitions Targeted at “Prime Brokerage” Services - This week major U.S. cryptocurrency exchange Coinbase announced plans to acquire Tagomi, a U.S.-based prime brokerage platform focused on...more

BakerHostetler

Crypto Payment Products Target Foreign Markets, Blockchain Enterprise Solutions Launch, Private Lawsuits Target Crypto Firms,...

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Payments Evolve: USD Stablecoin Accounts for Latin America and Crypto Debit Cards - Last week, crypto startup Ledn announced the launch of a USDC savings account that will focus on Latin America....more

Hogan Lovells

“Of Ransoms, Bitcoin, and Injunctions”: English High Court grants subrogee insurer proprietary injunction over ransomed Bitcoin

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In a gripping tale sure to excite die-hard Potter fans everywhere, the English High Court has granted a so-called ‘Harry Potter injunction‘ (i.e. a protective injunction against persons unknown) restraining the dissipation of...more

BakerHostetler

Interbank Settlement Initiative and Crypto Payment Solutions Expand, SEC and International Enforcement Actions Continue

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Blockchain Developments in Interbank Settlement, Capital Markets, Cryptocurrency Payments - According to reports this week, a major German bank has joined the emerging payments initiative, built on the Quorum blockchain, of...more

BakerHostetler

Blockchain Continues to Disrupt Across Industries, Cryptocurrency Services Expand, Malware Threats Identified

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Blockchain Clearing, Settlement, Custody and Capital Markets Developments - This week, R3 and a major multinational financial services company announced a partnership to develop and pilot a cross-border payments solution...more

BakerHostetler

Capital Markets Integrate Crypto and Blockchain, New FATF Guidance, US City Pays Bitcoin Ransom and More

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CFTC Approves Bitcoin DCM, New Bitcoin ETF Proposed, Crypto IRA and Blockchain Depository Receipts Introduced - The Commodity Futures Trading Commission (CFTC) has announced approval of LedgerX’s registration as a designated...more

BakerHostetler

Blockchain Developments: Cryptocurrencies, Enterprise Solutions, New Regulations, SEC Enforcement, Crypto-Mining Malware and More

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Stablecoin Activity Heats Up, Bitcoin’s Speculation Problem and Other Payments News - Despite the increase in major companies opening up payment options in bitcoin, research from Chainalysis shows that only 1.3% of bitcoin...more

BakerHostetler

Manipulation Detected on ‘DEXes,’ Regulations Develop, Industry Initiatives Advance, Hacks, Money Laundering and Enforcement...

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Academics Detect Manipulation on ‘DEXes’ as Cryptocurrency Trading Expands - A recent academic paper by researchers at Cornell Tech and other academic institutions describes rampant trading manipulation on decentralized...more

Robinson+Cole Data Privacy + Security Insider

New Malware Targets Big Banks and Cryptocurrency Apps

New malicious malware dubbed “Gustuff” targets big banks, fintech companies and cryptocurrency apps, according to the security firm Group IB....more

BakerHostetler

Blockchain Announcements Across Industries, Cryptocurrency Exchanges Receive Approvals, More Regulatory Actions, More Hacks and...

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Adoption of Blockchain Solutions Spreads Across Industries - Last week, a major U.S. international shipping conglomerate announced plans to collaborate with Inxeption, an e-commerce technology company, to build a platform...more

BakerHostetler

Supply Chain Pilots Advance, Bitcoin Decentralization Improves, Hacks Continue, Foreign Regulations Evolve

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Blockchain Pilots for Supply Chain and Land Titles, Improved Analytics, and Decentralization - Earlier this week IBM announced the completion of a shipment tracking trial that recorded the bill of lading on a blockchain....more

BakerHostetler

Blockchain Patents and Patient Data Pilots, Capital Markets Movements, Mining Malware, and More

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Blockchain Enterprise Developments in Food Supply Chain, Patient Data, Patents, Mobile Devices and More - An international supermarket conglomerate operating in 17 countries worldwide recently announced that it will implement...more

BakerHostetler

Blockchain Applications for Enterprise and Payments Evolve, New Legislation Proposed, Mining Malware Surges and a Bitcoin Bug Is...

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Blockchain Initiatives Pursue Solutions for Refugees, Voting, Smart Cities, Defense and Food Safety - The World Food Programme (WFP) and UN Women announced last week that they are collaborating in an initiative to use...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Today’s Muskdate is all about the SEC issuing a subpoena to Tesla as it continues its investigation into Elon’s August 7 Twitter post about the “funding secured” detail of his plans to take the company private....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - June 2018 #4

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Just weeks after Mexico’s central bank was targeted by hackers who stole $15 million, Chile’s biggest bank, Banco de Chile, announced on May 28, 2018, that it had been struck by a “virus” that affected its workstations,...more

Snell & Wilmer

Has Your Computer Been Hijacked For Illicit Cryptocurrency Mining?

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Another day, and another form of hacking comes to light. On June 26, 2018, the United States Computer Emergency Readiness Team (US-CERT), an agency within the U.S. Department of Homeland Security, issued a security tip...more

Fisher Phillips

Is Blockchain Immune from Cyberattacks?

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With every new technology, there are security risks. Blockchain is no exception. The recently published McAfee Blockchain Threat Report by McAfee’s Advanced Threat Research team analysts explains the current threats against...more

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