IT contractor charged after modifying Federal Government computers for cryptocurrency mining – 21 May 2019

by admin | May 21, 2019 | News & Analysis

A Sydney man has been charged by the Australian Federal Police, for allegedly modifying the computer systems of a federal government agency, to mine cryptocurrency while employed as an IT contractor....

Hacker reveals a simple trick to steal your cryptocurrency – 20 May 2019

by admin | May 20, 2019 | News & Analysis

A hacker has revealed how he stole half a million dollars of cryptocurrency, by using a SIM swap scam to get around two factor authentication....

Commbank catches fraudsters while customers catch sleep – 20 May 2019

by admin | May 20, 2019 | News & Analysis

Commonwealth Bank has launched a new technology that will protect customers against fraud using a 24/7 monitoring technology....

Hard-working Australians lose ‘millions’ in Indian cryptocurrency scheme – 18 May 2019

by admin | May 18, 2019 | News & Analysis

Approx. 67 Indian Australians have lost their hard earned money, in an allegedly fake crypto currency operation based in India, with their coins vanishing overnight. Presentations on website looked genuine as they were taken from another legitimate crypto site....

Brace for impact: Cryptocurrency industry faces heavy regulatory blow – 17 May 2019

by admin | May 17, 2019 | News & Analysis

On 22 February 2019, the FATF (Financial Action Task Force) published a draft of recommended cryptocurrency regulations. The rules that apply to all Virtual Asset Service Providers (VASPs) are outlined....