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...
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...
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...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
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? –...
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...
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...
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...