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Australian Authorities: Rise In Organized Crime Is Due To The Increased Popularity Of Cryptocurrencies

Australia’s financial sector has experienced a major increase in organized crime. The country’s criminal intelligence agency reported that this rise is due to the growth of online banking systems and increased popularity of cryptocurrencies. Recently, the Australian Criminal Intelligence Commission (ACIC) published a report, in which the agency stated that the expected damage of the money laundering and further financial ... Read More »

Bitcoin news roundup, September 10, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Cryptocurrency complaints surged this year, just like its userbase A recent report published by student loan market LendEDU revealed that cryptocurrency-related customer complaints, the majority of which against Coinbase, filed with the U.S. Consumer Financial Protection Bureau (CFPB) surged this year. According to the report, a total of seven ... Read More »

Senate Inquiry Set to Examine Stolen Medicare Information on the Darknet

The Australian Senate Finance and Public Administration References Committee revealed an upcoming probe into the circumstances surrounding the stolen Medicare numbers that ended for sale on darknet markets. The probe will also examine software and protocol issues with Health Professional Online Services, issues with My Health Record, and the method in which healthcare professionals handle Medicare information. The probe will ... Read More »

Third Suspect Arrested in German Drug Lab Bust

According to the Prosecutor’s Office in Ansbach, a Bavarian city 25 miles from Nuremberg, German authorities had arrested three darknet drug dealers and three of their customers. After months of investigation, the investigators had uncovered an international drug trafficking network, Michael Schrotberger of the Prosecutor’s Office said. The drug traffickers had distributed more than one million dollars worth of numerous ... Read More »

TradeRoute Market Issues Security Fix After $100k Theft

On August 8, a user created a thread on the TradeRoute marketplace forums. The user requested that the TradeRoute administration examine a “strange” listing. The listing was for a “small house for children.” It was strange for several reasons. The first was the number of vendor accounts that someone had created in order to do something “sketchy.” One user noticed ... Read More »

GA Man Raided by ATF Agents After Drug Pickup, Likely Tied to a Homicide

According to Athens Banner Herald, federal agents raided Kyle Lamar Myers, a Franklin County man known for his “explosive” YouTube videos. The Bureau of Alcohol, Tobacco, and Firearms (ATF) executed the raid in a search for illegal guns and explosives. The events were set into place when deputies of the Franklin County Sheriff’s Office arrested the 30-year-old after he had ... Read More »

Dark Web Drug Dealers And Customers Arrested In German Bust

Recently, the German police reported that they arrested three darknet drug vendors and three of their customers. Law enforcement authorities seized large amounts of narcotics from the suspects, which they estimated to be worth more than one million euros. On August 25, the German police reported that they conducted a successful raid, in which they arrested six suspects. According to ... Read More »

German Accused Of Committing Large Scale Fraud

Authorities accused a German man of committing large scale fraud. He allegedly purchased compromised bank accounts on the dark web and used those to transfer funds to his own accounts causing serious damage to the victims. A 40-year-old man of Gelsenkirchen, North-Rhine Westphalia is standing in court facing charges of large scale fraud. According to the accusation, before the court ... Read More »

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Defendant Sold 11 Kilograms of Marijuana, Facing Serious Punishment

A German man was charged with drug trafficking. The prosecution accused him of selling 11 kilograms of marijuana. The defendant also ordered narcotics from the dark web for his personal use. Law enforcement authorities stopped a 39-year-old’s car because of his suspicious Hanoverian license plate. The suspect, 39, of Brunswick, Lower Saxony, Germany was arrested on the scene since the ... Read More »

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Hackers Steal Cellular Accounts to Break 2FA Protected Online Bitcoin Wallets

All of the major cellular service providers have been seeing an increase of attacks on customer accounts. Hackers are stealing cell phone numbers from users of Verizon, AT&T, T-Mobile, and Sprint through social engineering techniques. Once the attackers have control of a phone number they can use it to reset passwords for services like Google and social media sites. The ... Read More »

How Ad Trackers Make Cryptocurrency Transactions Less Private

Researchers from Princeton University have released their findings on how online ad trackers can compromise the privacy of cryptocurrency transactions. The title of the new research paper is, “When the cookie meets the blockchain: Privacy risks of web payments via cryptocurrencies.” The privacy issues occurred on over 100 online merchants from over 20 countries that accepted cryptocurrencies. Cookies and other ... Read More »

15 Year-Old Student Arrested For Drug Trafficking, Buys Acid on Dark Web

A 15-year-old student in Victoria, London was arrested for drug trafficking and purchasing a fairly large amount of acid tablets in the dark web. According to trusted sources including The Age and Daily Mail, the middle school student along with several friends purchased $695 worth of drugs in the dark web with Bitcoin. Various reports revealed that the student named ... Read More »

Tutorial – How To Host Your Own DNS Website Domain On Ethereum’s Blockchain

You can now host DNS domains on Ethereum’s blockchain through ENS, which is short for Ethereum Name Service, a distributed, extensible domain naming system that relies on Ethereum’s blockchain. This is possible via adjusting the domain name server settings to point to gateway DNS servers, which resolve lookups through checking an ENS registry that points to resolvers including the zone ... Read More »

Fake Press Cards Sold On The Dark Web Force Danish Police To Increase Security In Parliament

Counterfeit press cards sold on the dark web present a threat to the Danish police. Law enforcement in the country take the fake press cards, which are advertised for nearly $160, seriously. The Danish Parliament emphasized that the journalists’ bags and jackets should be screened no matter if they own a press card. According to the Danish media outlet Journalisten, ... Read More »

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Circumstantial Evidence Used to Convict Darknet Drug Buyer

During a hearing in late August, a 32-year-old defendant from a small town in northern Bavaria almost escaped a guilty verdict. The suspect, a Burgkunstadt man, had allegedly ordered 100 grams of amphetamine from a darknet vendor. However, like several recent cases in Germany, the prosecution struggled to prove that the suspect, though he had lived at the house, had ... Read More »