cybercrime

Secret Service Broadens Global Fight Against Rising Crypto Crime

Secret Service Broadens Global Fight Against Rising Crypto Crime

The U.S. Secret Service is increasing its international operations to combat the surge in cryptocurrency scams. These crimes are becoming a greater danger to Americans and our entire financial system. Spearheading this foray is Kali Smith, who leads the Secret Service’s cryptocurrency strategy. Her team’s mission was to train foreign...

Kerala's Darknet Drug Ring Exposes Monero's Fatal Flaw

Kerala's Darknet Drug Ring Exposes Monero's Fatal Flaw

The recent takedown of the "Ketamelon" darknet drug ring in Kerala isn't just another news story about online drug dealing. It’s a damning reflection on Monero, the so-called privacy coin, and its built-in default for bad actors. We’re getting to tangible, material effects driven by the lines of code that...

Kerala's Darknet Drug Bust: Is Monero Crypto's Biggest Threat?

Kerala's Darknet Drug Bust: Is Monero Crypto's Biggest Threat?

The Kerala drug bust involving Monero isn't just another crime story. It's a flashing red warning light for Southeast Asia's crypto future. This is the Caribbean we’re discussing, and this is the kind of place where crypto adoption could really transform financial inclusion. But stories like this, plastered across headlines,...

Darknet Drug Kingpin: How Monero Crypto Fueled a Nationwide Racket

Darknet Drug Kingpin: How Monero Crypto Fueled a Nationwide Racket

In the dark alleys of the web, where anonymity is the only currency, cryptocurrencies have been fueling illegal activities. Monero (XMR) has rapidly vaulted into the lead for those wanting the most from their private money. This is true even for drug traffickers who sell on darknet markets and who...

Archetyp's Fall: Why Dark Web Drug Busts Are a Southeast Asian Wake-Up Call

Archetyp's Fall: Why Dark Web Drug Busts Are a Southeast Asian Wake-Up Call

So Archetyp’s takedown, a major dark web marketplace reportedly bringing in a crisp €250 million, should feel like a win. Think again. Operation Deep Sentinel will use a data-driven approach to temporarily disrupt the flow of illegal drugs. This is a temporary trend, a small blip on the radar for...

Archetyp's End Game Over? 3 Hidden Threats That Will Reshape Crypto Crime

Archetyp's End Game Over? 3 Hidden Threats That Will Reshape Crypto Crime

Archetyp’s takedown, another notch on the belt of international law enforcement. Big deal, right? We've seen this movie before. Silk Road, AlphaBay, WallStreet… the list could continue on like this ad infinitum. They close, the articles announce triumph, and then… what? The hydra simply grows two new heads. The €250...

International Operation Shuts Down Dark Web Drug Marketplace Archetyp

International Operation Shuts Down Dark Web Drug Marketplace Archetyp

Law enforcement agencies from six countries coordinated to shut down Archetyp. At the time, this dark web marketplace was the largest drug operation ever discovered. Europol and Eurojust supported an international operation that concluded several years of investigation into the platform. It was their platform that made possible the widespread...

Hacker's $330M BTC Heist: Did They Double Down on Monero?

Hacker's $330M BTC Heist: Did They Double Down on Monero?

The cryptocurrency scene was just recently turned upside down by a shocking $330.7 million Bitcoin hack. What followed was even more intriguing: a massive surge in the price of Monero (XMR), a privacy-focused cryptocurrency. BlockchainShock goes deep on the story behind the hacker’s strange choice to launder stolen Bitcoin through...

Crypto Regulation: 6 Key Takeaways from the Senate Hearing

Crypto Regulation: 6 Key Takeaways from the Senate Hearing

The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...

Day Trade Crypto Like a Pro: ChatGPT & Grok AI Secrets

Day Trade Crypto Like a Pro: ChatGPT & Grok AI Secrets

The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...

Senate Crypto Hearing: 3 Reasons Why the US is Losing the Blockchain Race

Senate Crypto Hearing: 3 Reasons Why the US is Losing the Blockchain Race

The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...

ChatGPT & Grok: Southeast Asia's Secret Weapon in Crypto Day Trading?

ChatGPT & Grok: Southeast Asia's Secret Weapon in Crypto Day Trading?

Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...

Senate Scrutinizes Crypto Regulation Amid Rise in Scam Losses

Senate Scrutinizes Crypto Regulation Amid Rise in Scam Losses

The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...

Beyond Tether & USDC: The Stablecoin Innovation You're Ignoring

Beyond Tether & USDC: The Stablecoin Innovation You're Ignoring

You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...