About $1.2 billion in cryptocurrency stolen since 2017: cybercrime group
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 APWG estimates
GDPR regulations will mean that European domain data will no longer be added to the WHOIS Internet database, investigators will lose access to data needed for prosecution of cybercriminals:CoinTelegraph
“So what we’re going to see is that not only the European market goes dark for all of us; so all the bad guys will flow to Europe because you can actually access the world from Europe and there’s no way you can get the data anymore.”
$1.2 billion in cryptocurrency has been stolen since 2017, says report
CNet
“Put the Bitcoin in the bag and nobody gets hurt.”
The report also says that only 20 percent or less of this stolen cryptocurrency has been recovered and that law enforcement is having a hard time finding these criminals.
The Cybersecurity 202: Why a privacy law like GDPR would be a tough sell in the U.S.
“GDPR will negatively impact the overall security of the internet and will also inadvertently aid cybercriminals. By restricting access to critical information, the new law will significantly hinder investigations into cybercrime, cryptocurrency theft, phishing, ransomware, malware, fraud and crypto-jacking.”
Swiss Bank Opens Up to Crypto
#Blockchain and #crypto firms in Switzerland aren't welcome at Swiss banks. Now, a small regional lender is stealing a march on its bigger rivals by opening up to the budding digital token and tech sector. https://t.co/WqH6e0uNVV #bitcoin
Australia's Commonwealth Bank has said it will pay a $700m (US$530m) fine for breaching anti-money laundering and counter-terror financing laws. https://t.co/DGYUJDGBEV it will be the largest civil penalty in Australian corporate history from 53,000 suspect transactions #AML
ZenCash Attacks Reveal Security Concerns Over #PrivacyCoins
A recent rash of #double-spend attacks on #ZenCash and other privacy coins is exposing a potential security oversight that has already cost investors and exchanges millions of dollars. https://t.co/hC7ZSq0VDh