Marcel ‘s passion for the world of cryptocurrencies and his comprehensive knowledge of blockchain technology make him an invaluable asset to our team. He stays updated on the latest trends, regulations, and emerging technologies in the crypto space, ensuring that our audience receives accurate and up-to-date information.
Latest posts by Marcel Bich (see all)
- Advanced Installer’s Crypto Twist - October 15, 2023
- Hackers Exploit Designers for Mining - October 15, 2023
- Hackers Target Binance Russia - September 26, 2023
According to the Telegram channel VChK-OGPU, the Russian Federation’s Presnensky DMVA launched a criminal case for “robbery” in accordance with section 4 of article 162 of the criminal code. According to the inquiry, the victim had her bitcoin wallets stuffed with roughly $52,000 (4.7 million) and was threatened with a revolver, a knife, and a stun gun. Detention has now been decided as a preventive measure against the assailants.
The latest cryptocurrency news, video reviews, collections of practical advice and instructions, and interviews can all be found on the BeInCrypto YouTube channel. You should enroll since it’s intriguing. It’s unclear who blogger is being referred to. What kind of cryptocurrency the attackers were able to take is still unknown.
Theft of Millions of Dollars in Cryptocurrency
The US Department of Justice accused Russian national Mikhail Matveev of attacking US infrastructure in May. A Russian national used ransomware to assault US infrastructure.
The CIA believes that con artists began employing this tactic in June 2020. Matveev and his LockBit associates allegedly used the LockBit ransomware to assault a law enforcement organization in Passaic County, New Jersey.
Matveev, also known as Vazavaka, m1x, Boriselchin, and Ukhodiransomvar, utilized the ransomware programs LockBit, Babuk, and Hive to propagate his infection. As a result, the total loss in cryptocurrency since 2020 is $400 million.
Cryptocurrency Market Declines in 2023
In all, $656 million worth of cryptocurrencies were lost to theft, hacking, and fraud in the first half of 2023. Hackers pulled out 108 protocol attacks, 110 rag pulls, and many phishing scams, earning $471.43 million, $75.87 million, and $108 million, respectively.
The losses in the cryptocurrency market this year, however, were far less than they were in 2022. In the first half of the previous year, he earned more than $1.9 billion. The hackers also returned almost $215 million, or 45.5% of all the assets they had taken.