U.S. DOJ busts botnet boss for orchestrating $130M cyberscam
Chinese national Yunhe Wang has been accused of hijacking over 19 million private IP addresses and reselling them to criminals for nefarious use.
Related Posts
![Art-reimagined:-nfts-are-changing-the-collectibles-market](https://www.lastcryptocurrency.com/wp-content/uploads/2021/05/98493-art-reimagined-nfts-are-changing-the-collectibles-market.jpg)
![Algorithmic-stabilization-is-the-key-to-effective-crypto-finance](https://www.lastcryptocurrency.com/wp-content/uploads/2022/12/155186-algorithmic-stabilization-is-the-key-to-effective-crypto-finance.jpg)
Algorithmic stabilization is the key to effective crypto-finance
After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers.This emotional response, however, is strongly at odds with reality. In fact, algorithmic stabilization of digital assets is a highly valuable…
![Luxor-mining-acquires-ordinalhub-amid-bitcoin-based-nfts-hype](https://www.lastcryptocurrency.com/wp-content/uploads/2023/02/161037-luxor-mining-acquires-ordinalhub-amid-bitcoin-based-nfts-hype.jpg)
Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype
The Bitcoin mining firm said it is acquiring OrdinalHub amid a flurry of interest in mining and purchasing Bitcoin-based NFTs, known as Ordinals. 594 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe January launch of Bitcoin Ordinals created a stir within the crypto community about its place within…
![Elon-musk’s-lawyers-respond-to-motion-to-kick-tesla-team-off-dogecoin-case:-‘waste-of-this-court’s-time’](https://www.lastcryptocurrency.com/wp-content/uploads/2023/07/179025-elon-musks-lawyers-respond-to-motion-to-kick-tesla-team-off-dogecoin-case-waste-of-this-courts-time.jpg)
Elon Musk’s lawyers respond to motion to kick Tesla team off Dogecoin case: ‘Waste of this court’s time’
The strongly worded legal filing comes in response to an attempt to have Tesla’s lawyers sanctioned over supposed conflicts of interest and alleged misconduct. Lawyers representing billionaire Elon Musk and Tesla asked a United States district court judge to toss out a motion to have them sanctioned over alleged conflicts of interest in a $258…
![Newly Launched Bitcoin Optech Initiative Aims To Address BTC Scalability Issue](https://www.lastcryptocurrency.com/wp-content/uploads/2018/07/198/newly-launched-bitcoin-optech-initiative-aims-to-address-btc-scalability-issue.jpg)
Newly Launched Bitcoin Optech Initiative Aims to Address BTC Scalability Issue
A team of Bitcoin (BTC) engineers has announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) addressing the problem of Bitcoin’s scalability, according to their statement published July 20. Bitcoin Optech is a non-profit organization backed by leading industry players like PayPal Board Member Wences Casares, executive of Kohlberg Kravis Roberts & Co.…
![How-smart-people-invest-in-dumb-memecoins:-3-point-plan-for-success](https://www.lastcryptocurrency.com/wp-content/uploads/2023/06/177723-how-smart-people-invest-in-dumb-memecoins-3-point-plan-for-success.jpg)
How smart people invest in dumb memecoins: 3-point plan for success
Back in 1984, a U.K. television advertisement for Kit Kat chocolate bars was set in a music label’s office where a keen young band played their demo for a bored music executive. Afterward, they were served the famous chocolate bars and the manager said: “You can’t sing, you can’t play, you look awful… you’ll go…
![Bitmex-rejects-bold-lawsuit-claims-as-‘clearly-rehashed’-internet-bunk](https://www.lastcryptocurrency.com/wp-content/uploads/2020/05/61563/bitmex-rejects-bold-lawsuit-claims-as-clearly-rehashed-internet-bunk.jpg)
BitMEX Rejects Bold Lawsuit Claims as ‘Clearly Rehashed’ Internet Bunk
BitMEX, one of the most popular derivatives exchanges in the cryptocurrency market, has come under fire with accusations of being purposefully designed to facilitate “a myriad of illegal activities." The accusations were made in a lawsuit filed by BMA LLC in the United States District Court for the Northern District of California on May 16.In…
![China Merchants Bank Subsidiary Uses Blockchain For DeFi Applications](https://www.lastcryptocurrency.com/wp-content/uploads/2019/10/34474/china-merchants-bank-subsidiary-uses-blockchain-for-defi-applications.jpg)
China Merchants Bank Subsidiary Uses Blockchain for DeFi Applications
Hong Kong-based China Merchants Bank International (CMBI) will develop and launch blockchain-based solutions for its financial services.CMBI and Huobi partner with NervosIn an Oct. 3 press release shared with Cointelegraph, CMBI, a wholly-owned subsidiary of China Merchants Bank, announced that it is partnering with Chinese blockchain startup Nervos to apply blockchain technology to its financial…
![Binance-proof-of-reserve-pledge-gains-support-following-ftx-crisis](https://www.lastcryptocurrency.com/wp-content/uploads/2022/11/151513-binance-proof-of-reserve-pledge-gains-support-following-ftx-crisis.jpg)
Binance Proof-of-Reserve pledge gains support following FTX crisis
The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures. Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.In…