Telegram Hosting World’s Largest Darknet Market

Wired is reporting on Chinese darknet markets on Telegram. The ecosystem of marketplaces for Chinese-speaking crypto scammers hosted on the messaging service Telegram have now grown to be bigger than ever before, according to a new analysis from the crypto tracing firm Elliptic. Despite a brief...

Chinese Crypto Scammers on Telegram Are Fueling the Biggest Darknet Markets Ever

Online black markets once lurked in the shadows of the dark web. Today, they’ve moved onto public platforms like Telegram—and are racking up historic illicit fortunes...

U.S. Secret Service Seizes Russian Garantex Crypto Exchange Website

A coalition of international law enforcement agencies has seized the website associated with the cryptocurrency exchange Garantex "garantex.org", nearly three years after the service was sanctioned by the U.S. Treasury Department in April 2022. "The domain for Garantex has been seized by the Unit...

U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

The U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds. "Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists,...

Ransomware Extortion Skyrockets in 2023, Reaching $449.1 Million and Counting

Ransomware has emerged as the only cryptocurrency-based crime to grow in 2023, with cybercriminals extorting nearly $175.8 million more than they did a year ago, according to findings from Chainalysis. "Ransomware attackers are on pace for their second-biggest year ever, having extorted at least...

Russian Hacker Pleads Guilty to Money Laundering Linked to Ryuk Ransomware

A Russian national on February 7, 2023, pleaded guilty in the U.S. to money laundering charges and for attempting to conceal the source of funds obtained in connection with Ryuk ransomware attacks. Denis Mihaqlovic Dubnikov, 30, was arrested in Amsterdam in November 2021 before he was extradited...

U.S. Treasury Department Sanctions Russia-based Hydra Darknet Marketplace

The U.S. Treasury Department on Tuesday sanctioned Hydra, the same day German law enforcement authorities disrupted the world's largest and longest-running dark web marketplace following a coordinated operation in partnership with U.S. officials. The sanctions are part of an "international effort...

U.S. Arrests Two and Seizes $3.6 Billion Cryptocurrency Stolen in 2016 Bitfinex Hack

The U.S. Justice Department DoJ on Tuesday announced the arrest of a married couple in connection with conspiring to launder cryptocurrency worth $4.5 billion that was siphoned during the hack of the virtual currency exchange Bitfinex in 2016. Ilya Lichtenstein, 34, and his wife, Heather Morgan,...

February 2, 2018 – Morning Cyber Coffee Headlines – “Groundhog Day” Edition

Good morning! Sit with Carbon Black this morning over a cup of coffee or tea and browse a few industry headlines to get the day started. We’ve got just enough information below to get you through that first cup…enjoy! February 2, 2018 - Headlines Carbon Black in the News: Darknet Markets: For...

Tor Network used to Host 900 Botnets and hidden Darknet Markets

Tor network offers users browse the Internet anonymously and is mostly used by activists, journalists to conceal their online activities from prying eyes. But it also has the Dark side, as Tor is also a Deep Web friendly tool that allows hackers and cyber criminals to carry out illicit activities...