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Bitcoins worth over a billion dollars have been transferred to an anonymous wallet.

A massive transaction involving approximately 15,078 Bitcoin tokens was discovered between two anonymous wallets. The total amount of Bitcoin moved from this whale account to another was $993,191,088. (roughly Rs. 7,395 crore). Concerns about Bitcoin prices sinking have surfaced online, as such whale wallets that hold vast amounts of crypto tokens are capable of influencing market movement on their own.

Cryptocurrency will face ransomware and botnet attacks in 2021, according to the Sophos Cybersecurity Threat Report.

Sophos, a cybersecurity firm, predicts that ransomware assaults will continue to employ cryptocurrencies. Ransomware assaults accounted for 79 percent of all worldwide cybersecurity breaches in the last year and a half, according to the report. These events, which were reviewed and resolved by Sophos' fast response team, demonstrate that some of these assaults target crypto investors using phishing websites.

Scams using cryptocurrency through ATMs are on the rise in the US, and the FBI has issued a public warning.

The Federal Bureau of Investigation (FBI) in the United States has issued a warning about the growing number of crypto frauds in the country. Scammers are forcing unsuspecting people to utilize physical bitcoin ATMs and digital QR codes to execute fraudulent transactions, according to a recent FBI Public Service Announcement (PSA). Even though the United States is still striving to regulate the cryptocurrency industry, Bitcoin ATMs are beginning to appear in public areas in the United States and other nations. Transacting using QR Codes is becoming more common in the United States, with businesses like AMC Theatres allowing crypto purchases for tickets.

Kvashuk made $2 million in cryptocurrencies by exploiting MICROSOFT

Volodymyr Kvashuk, a former Microsoft software engineer was involved in the scam. Testing the company's e-commerce infrastructure was one of his responsibilities, and a mistake he discovered let him make millions in cryptocurrencies. According to reports, Kvashuk was instructed to make purchases on the platform with fictitious accounts in order to account for any faults or flaws he discovered and then report. He failed to notify one of them and, in reality, profited from the exploit.
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