Despite efforts to combat cybercrimes and theft in the crypto industry, a recent study by Chainalysis has revealed a significant resurgence of ransomware in 2023. Payments exceeding $1 billion were recorded, marking a substantial increase in the scope and complexity of attacks. This represents a major reversal from the decline observed in 2022, indicating that […]
Bitcoin has taken center stage in a concerning development involving video game developer Insomniac Games, recognized for its highly acclaimed Marvel’s Spider-Man series. Reports indicate that Insomniac Games has fallen victim to a hacking incident, with the hacking group Rhysida demanding a ransom of 50 Bitcoin (equivalent to approximately US$2 million). Rhysida has threatened to leak […]