Every moment with new news and technology

$1.2 billion in crayptocurrency has been stolen since 2017 | cybercrime group | news

$1.2 billion in crayptocurrency has been stolen since 2017 | cybercrime group

$1.2 billion in crayptocurrency has been stolen since 2017 | cybercrime group
IT

“Put the in the bag and nobody gets hurt.”

NEW YORK (Reuters) – Criminals have stolen about $1.2 billion in cryptocurrencies since the beginning of 2017, as bitcoin’s popularity and the emergence of more than 1,500 digital tokens have put the spotlight on the unregulated sector, according to estimates from the Anti-Phishing Working Group released on Thursday.

ryptocurrency has skyrocketed in value over the past year, so it shouldn’t be too surprising that thieves want a piece of the pie.

This estimate includes both reported and unreported theft, according to the report.

The report also says that only 20 percent or less of this stolen cryptocurrency has been recovered, claiming that law enforcement is having a hard time finding these criminals.

Thieves steal 600 powerful bitcoin-mining computers in huge heist
Cryptocurrency fundraising ‘scam’ frozen out by US
Symantec takes on one of largest botnets in history
Cryptocurrency like bitcoin is easy money for criminals

How a VPN Can Boost Your Security and Privacy

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

IT
Microsoft previews native Edge browser for Apple’s M1 Macs – top four browser

Microsoft previews native Edge browser for Apple’s M1 Macs Lagging behind Safari, Chrome, and Firefox, a version of Edge now available in its Canary channel natively supports Apple silicon. Microsoft this week released an early version of Edge written specifically for Apple’s new ARM-based Macs, making it the last of …

IT
Apple CEO Tim Cook defends the App Store business

Apple CEO Tim Cook will appear today with leaders from Google, Amazon and Facebook for a Congressional anti-trust hearing, which will be broadcast live on YouTube. What is the hearing about? The House Judiciary’s antitrust subcommittee is investigating online platforms and market power; today’s hearing will see the business leaders …

IT
Wireless alliance: You might want to move some access points for Wi-Fi 6 – vpncenter

usinesses could find themselves repositioning wireless access points and even facing increased bandwidth demands as Wi-Fi 6 hits the market in the coming months, according to a white paper released today by the Wireless Broadband Alliance. Nevertheless, the news is mostly good for prospective business users. Thanks to Wi-Fi 6’s …