As the digital world rapidly changes, so too do the ever-increasing and devastating threats aimed at compromising computer security. Eleanor Brooks, a seasoned blockchain researcher, sheds light on a concerning resurgence: XMRig malware. This piece of malware is far more than an average computer virus. It’s a cryptojacking tool that...
A new wave of malicious XMRig variants has emerged, employing sophisticated techniques to evade detection and maintain persistence on compromised systems. This Monero mining malware takes advantage of a legitimate tool. Today, it has highly optimized functionalities and aims at dozens more countries. The campaign unfolds from an initial infection...
The new XMRig malware wave is more than just your typical digital nuisance. It’s a digital home invasion, breaking in and disabling your Windows updates, leaving your system exposed to ransomware, malware, and hackers. If your updates are disabled, you're toast. This isn't a drill. The sad irony? This malware...
In fact, the U.S. Secret Service recently announced that they’d seized almost $400 million in crypto over the past 10 years. That's a staggering number. It’s easy to read this as just another headline about the Wild West of crypto getting tamed at last. For Southeast Asia, this ought to...
Nearly doubling its resources, the U.S. Secret Service is intensifying the battle against a surge in cryptocurrency-related financial crimes. This past decade alone, they’ve confiscated some $400 million in illegal cash. This joint initiative represents a direct challenge to the rise of digital financial crimes. Crypto-related scams have become the...
Now the U.S. Secret Service is getting involved, training law enforcement around the world to combat cryptocurrency scams. That's commendable. We need more international collaboration. Free workshops alone aren't going to cut it in Southeast Asia. We need a whole lot more.Tech Savvy, Scam Vulnerable RegionSoutheast Asia is a paradox....
As cryptocurrency has grown, so has financial crime in the digital era. In turn, global law enforcement agencies are developing and fortifying their innovative approaches to mitigate these increasing threats. The U.S. Secret Service has become an unlikely, but primary, force in the anti-crypto scam mission. They don’t wait around,...
In 2024, Americans lost a staggering $9.3 billion to crypto scams. Not surprisingly, older adults were responsible for $2.8 billion of those losses. Crypto fraud has officially overtaken romance scams as the number one source of monetary loss in U.S. internet crime. In response, the U.S. Secret Service has intensified...
Imagine this: a retired teacher in Malaysia, let's call her Makcik Aminah, puts her life savings into what she believes is a legitimate crypto investment, lured by promises of a comfortable retirement. Weeks later, her money disappears, the site goes dark, and her dreams are crushed. Unfortunately, this is not...
Take the example of Makcik Aminah, a nasi lemak seller in Kuala Lumpur. She certainly did—she poured her heart, soul, and life savings—everything—into Bitcoin, convinced it was her ticket to a comfortable retirement. Now, picture a quantum computer, a monstrous machine capable of cracking Bitcoin's security like an egg, wiping...
Okay, I know what you're thinking. "$543 million liquidated? How can that possibly be good for anyone?" Trust me, I get it. Nobody likes seeing that much money evaporate. Every once in a while, it takes a controlled burn to remove all the deadwood and open up space for a...
Last week’s dramatic plunge in the cryptocurrency market saw more than $543 million in positions liquidated. More than enough to underscore the serious risks associated with crypto trading, this event marks the … It’s particularly treacherous when you throw in market volatility, margin trading, and psychological drivers such as fear...
$543 million. Gone. Poof. Gone into the tempestuous flotsam and jetsam of the crypto markets in less than 24 hours. Greed’s price tag to more than 122,000 traders, that was the price tag of greed — a painful lesson imparted with cold and lethal efficiency. Bitcoin recently reached Bermuda Triangle-like...
Picture this: Siti, a young mother from Jakarta, juggling two jobs and dreaming of a future where her kids can go to better schools. She just cannot stop hearing the chatter and buzz around crypto, around how average people are becoming crypto millionaires overnight. She happens to discover Qubetics, notices...
Qubetics has featured widely on the crypto news circuit of late…thanks to a jaw-dropping 950% pump. For those new to the cryptocurrency scene, understanding what Qubetics is, its potential, and its risks is crucial before considering any investment. BlockchainShock is committed to teaching neophytes the fundamental concepts of Qubetics. Here,...
A 950% surge in one hour? Qubetics certainly grabbed headlines, and understandably so. The appeal of get rich quick schemes often draws everyone in. Such frustration is particularly pronounced among those who are new to the crypto space. Before you full send it, let’s soberly stand back and examine the...
Snorter Bot (SNORT), a new crypto presale happening on the Telegram platform. With the presale coming to an end, it is garnering considerable buzz. The project has so far garnered $1.5 million in investor commitments, indicating high demand among investors. With under 24 hours to go, would-be investors are watching...
Genesis Qubetics, Arbitrum and Cardano are coming into prominence with crypto newcomers, each offering distinctive opportunities and features. Qubetics shot to an all-time high of $4.20 within the first hour of trading. This incredible jump represented a mind-boggling 950 percent gain from its starting value of only $0.40. Arbitrum is...