In the last few years Bitcoin has dominated headlines online. As you all will likely know, many cryptocurrencies have grown in value exponentially over the last few years. As the market has progressed it has gained a lot of traction in particular with hackers and cyber-criminals. This is due to the currencies anonymity which is what caused its mainstream popularity to begin with. Once a bitcoin has been stolen, it is extremely difficult, if not impossible to track who took it.
In the past hackers have made off will huge sums of money from renowned crypto organisations, never to be seen again. That’s why the fact that Cisco Talos and the Ukrainian Cyber-Police have managed to uncover a large Bitcoin phishing scam is a step in the right direction.