On September 6, 2024, a working meeting was held between Match Systems and representatives of the Thai Cyber Crime Investigation Bureau. 

During the meeting, issues related to crimes involving cryptocurrencies were discussed, and representatives from Match Systems demonstrated their best practices in combating the criminal use of cryptocurrencies using the MS_Engine service. 

The representatives of the Bureau acknowledged Match Systems' significant experience in this area and emphasized the importance of joint efforts in combating the criminal use of cryptocurrencies and addressing cryptocurrency security issues.

At the conclusion of the meeting, both parties highlighted the importance of such engagements and expressed interest in potential usage of the MS_Engine service, as well as in continuing their collaborative efforts.

🛡Drainers are one of the most common types of crypto scams. How can you protect yourself from them?

In our recent article, we discussed what drainers are. Today, let's explore how to shield yourself from these fraudulent schemes:

1️⃣ Check URLs: Vigilance is your best defense! Always double-check that the site you're using is legitimate before entering any details. Don’t let scammers mislead you! 

2️⃣ Install Reliable Antivirus Software: Think of it as your digital shield and sword! Antivirus software protects your device from malware, so ensure it’s always up to date.

3️⃣ Research Apps: Before installing any app, read reviews and do thorough research. A wrong step could lead to the loss of your assets!

⚠️ Stay alert and follow these protective measures! Don’t let scammers trick you. Remember, your money's security is in your hands!

🔥 React to this post, and we’ll publish the next article on other popular fraudulent schemes.

🥷 Scammers hacked into Penpie's DeFi protocol and stole approximately $27 million in cryptocurrency.

💸 The criminals exchanged the stolen crypto assets for 11,900 ETH. Some of the funds have already been sent to Tornado Cash. While this method of hiding the crime is not always reliable, skilled cybersecurity experts can often trace mixers. It's possible that in this case, they will also be able to track the movement of the assets.

✍️ We will continue to monitor the situation.

🕵️‍♂️ Match Systems' markups are now available on Etherscan!

🔎 Etherscan is a blockchain explorer for Ethereum, providing detailed information about transactions, blocks, wallet addresses, smart contracts, and other network data. Now, every user can track the wallet addresses flagged by Match Systems. 

🖥️ Check out an example of a marked wallet here ➡️ https://etherscan.io/address/0x646f088455e1fbE6CE363c53d7c52765554CD6E2

#cryptocurrency #blockchain #cybersecurity #etherscan

🎙️ Opinion of Match Systems CEO Andrei Kutin.

🌐 What, in his opinion, are the most relevant cyber threats in 2024?

Currently, the main cyber threats are:

1. 💻🔒 Ransomware: These malicious programs can encrypt files on users' devices and demand a ransom to decrypt them.

2. 🧠🖼️ Artificial Intelligence and the Images It Generates: Advances in AI technology make it possible to create realistic images and videos that can be used for malicious purposes.

3. 🎣💡 Modernized Phishing Attacks: The use of AI and deepfakes can significantly increase the effectiveness of phishing attacks by helping attackers clone different characters and thus fool unaware users.

🛡️ Despite these threats, it is worth noting that the methods to counter them will also increase in quantity and quality. The use of artificial intelligence in cybersecurity will lead to more effective solutions to defend against modern attacks.

🎧 This Thursday, there will be an Ama session where you'll learn the answer to the question, "Is Privacy a Prerequisite for Crypto's Growing Appeal?"

📅 August 22 | 11 CET (9 UTC)

🎙️Speakers: 

Andrei Kutin from Match Systems

Tomer Warschauer Nuni from Kima Network

Andrea Zapparoli Manzoni from HackManac

Patrick Schulte from Dubbz

⏰ Don't miss out on this exciting event!

🔁 A user lost $55.47 million due to phishing scams.

💸 User lost $55.47 million in DAI stablecoin due to a phishing transaction targeting his DeFi Saver Proxy.

⚠️ Match Systems strongly recommends carefully checking URL, using two-factor authentication, and avoiding clicking on suspicious links!

💻 A serious Windows security vulnerability has been discovered that allows for the theft of cryptocurrency. 

🦠 The Styx Stealer malware compromises user data, including cookies and credentials, and sends it to hackers.

🟠 Funds are stolen by replacing the original wallet address with that of the attacker. The malware targets nine cryptocurrencies: $BTC, $ETH, $XMR, $XLM, $XRP, $LTC, $NEC, $BCH, and $DASH.

🛡️ Hackers can purchase a subscription to Styx Stealer for just $75 per month.

🔒 Match Systems recommends upgrading your devices to the latest version to ensure maximum security!

🧑‍⚖️ Dubai court recognizes crypto as a valid salary payment

🪙 The Dubai Court of First Instance has recognized cryptocurrency wage payments as valid under employment contracts. This decision marks a departure from the previous position, where a similar claim was dismissed due to a lack of accurate valuation of cryptocurrency.

🇦🇪 This ruling demonstrates a progressive approach to integrating digital currencies into the country's legal and economic system. The decision sets a positive precedent for the integration of digital currencies into everyday financial transactions and promotes a more inclusive business environment. Lawyers view this as a victory for employees and a significant step forward in the UAE journey toward leadership in the digital economy.

🕵️‍♂️ Match Systems markup is now available on #Etherscan .

🔍 Etherscan is an observer for the Ethereum blockchain that contains information about transactions, blocks, wallet addresses, #smartcontracts , and other network data. Now every user can track the addresses that Match Systems is marking up. 🔒

⚠️Fake Support #scamriskwarning Costs Investor $100K

An American investor lost approximately $100,000 in cryptocurrencies after falling victim to a phishing scam when he attempted to contact Coinbase support through a phone number found via a Google ad. 

The scammer, posing as a Coinbase representative, convinced the investor, Fred (a fictitious name), to share his Coinbase and bank account passwords under the pretense of needing to update his account. 

Fred only realized he had been scammed when his bank contacted him about suspicious activity on his account.

🎤 The Match Systems team attended Istanbul #Blockchain Week, which took place on August 13-14. 

🇹🇷 Istanbul Blockchain Week stands as a premier annual event, nestled in the vibrant heart of Istanbul — a city where cryptocurrency and Web3 already play a key role in the lives of its people. 🌍

💼 The purpose of attending this event for the Match Systems team was to expand our professional #network and strengthen ties with partners, as well as to listen to a number of interesting speakers whose ideas and experiences proved valuable for the further development of our work in the field of #cryptocurrencyearn investigations. 👥

#BinanceTurns7

⚖️ Introduction of new regulations for the gambling and lottery industry in the #UAE and risk warning. 

⚠️ With the introduction of a new regulatory body in the United Arab Emirates, the General Commercial Gaming Regulatory Authority (GCGRA), which licenses and supervises commercial gaming activities, there has been a significant increase in interest in obtaining licenses in this area. Match Systems welcomes legal initiatives in this direction but warns of the risks involved, especially the potential for illegal actions by unscrupulous intermediaries and criminal actors.

🕵️ We note that fraudsters posing as lawyers and industry professionals may take advantage of the increased demand for licensing services by offering illegitimate or fake solutions using various methods of deception. Avoid clicking on suspicious links, as this can lead to serious legal and financial consequences for those who interact with such intermediaries.

#NewsAboutCrypto #CryptoMarketMoves #gambling

🗓️ Digest of Interesting Publications from the Past Week by Match Systems

🎙️ We held an #AMAsession with industry experts on "How We Can Increase Security and Trust in the Crypto Ecosystem." In it, Match Systems CEO Andrey Kutin and industry leaders discussed many interesting topics.

🚨 Fraudsters hacked into the Nexera platform and stole 47.2 million NXRA tokens, totaling $1.93 million, after which the token price dropped by 40%.

💰 The hacker who stole $200 million worth of cryptocurrency in 2022 invested $40 million in the DAI stablecoin to acquire nearly 17,000 ETH when the price of Ether dropped below $2,200 on the morning of August 5.

🔑 Streamer Dmitry Lix had $75,000 in cryptocurrency stolen from him due to careless handling of his seed phrase. In our article, we explained how to handle a seed phrase to avoid losing your crypto assets.

💸 Bitcoins can now be stored under the skin. The installation of the wallet is performed surgically: the user makes a small incision, into which the device is placed.

#NewsAboutCrypto #CryptoNewss #TONonBinance

🥷‼️ User lost cryptocurrency due to clicking on a phishing link.

💰 Today, August 10, at 05:24 UTC, a user clicked on a phishing link related to the Ton Luck project. As a result, the scammers were able to transfer 999.79 TON, 746.93 JETTON, and 29,824.91 LP from the victim's wallet.

💳 The stolen funds were transferred to and are currently held at the attacker's address (UQAOJbv116WASXlh-klfthx45fSydxXI6NCU6mZv1ZmdtikH).

⚠️ Match Systems strongly recommends carefully checking URL, using two-factor authentication, and avoiding clicking on suspicious links!

#CryptoCrime" #TONonBinance #MtGoxJulyRepayments

🥷 A scammer has stolen about 7 thousand $TON in the last few hours. #TONonBinance

↔️ He is using source spoofing to impersonate StonFi.

⚠️ Every minute, about 3 people fall victim to him.

#CryptoNewss #NewsAboutCrypto #tonecoin #cybercrime

💸 #bitcoin☀️ can now be stored under the skin.

💳 VivoKey Technologies has introduced #NFC and RFID-enabled subdermal crypto wallets.

🛡 Apex is a hardware wallet that is implanted under the skin and is comparable in size to a pill, with the interface accessed via a mobile app. Private keys are not entered in the app; they are generated and signed within the wallet chip.

🧑‍⚕️ The installation of the wallet is performed surgically: the user makes a small incision into which the device is placed.

💵 The price of the #apex Flex is $349.

💸 How careless handling of a seed phrase can lead to asset loss.
🔑 Last month, streamer Dmitry Lix had $75,000 in cryptocurrency stolen from him as a result of careless handling of a seed phrase. He accidentally posted a picture of his cryptocurrency wallet key on Telegram, and the scammers managed to withdraw all the money. He was lucky: the offenders returned the crypto assets in exchange for law enforcement closing the case.

📚 However, such an outcome is very rare, so we decided to remind you of the importance of securing your own funds:

🚫 Never share your private keys with outsiders.

🗄️ Back up your private keys regularly and keep them in a safe place.

💻 Avoid using online private key generators; prefer local tools.

📱 Avoid storing your private key in your device's photo gallery, phone notes, cloud storage, or other digital applications.

The #FBI and German police intercepted another questionable cryptocurrency over the weekend. This time it was the old Cryptonator that was targeted. As usual, it was used to transfer crypto to sub-sanctioned regimes, money stolen by cybercriminals and payments from darknet marketplaces.

Cryptonator was founded in 2013, its CEO is our compatriot living in Germany. Roman Pikulev, aka Roman Boss, is from Norilsk. He faces charges of money laundering and running an unlicensed money transfer business.

The U.S. Department of Justice, however, has not reported on the fate of the former Cryptonator boss, and has not responded to questions about where he is or whether he has been arrested. Perhaps he was lucky enough to be in Russia at the time of the indictment and interception, where, as we know, there is no extradition for such characters under certain circumstances.

Translated with DeepL.com (free version)

🔍 Why check #cryptocurrency for purity? 

🌑 Average users, like you and me, sometimes don't even realize that funds received from exchangers or other users may have a dark origin.

💰 In the last 6 years, known crypto addresses linked to illicit activities have processed around $60 billion. These funds were "laundered" through #exchanges , mixers, and ordinary users' accounts.

🔒 If you accept "dirty" #Funds into your wallet and transfer even a small portion of them to an exchange, your wallet may be seized or blocked. Such sanctions regarding these funds may occur not immediately, but six months later, when someone within the framework of a case initiates a criminal investigation and the police reach you through the chain. And you may have nothing to do with it, but your funds will be #blocked or seized. ❌

🔍 Therefore, it is critical to know the history of the origin of the funds in your cryptocurrency wallet, as well as to check the crypto wallets of counterparties and incoming #transactions .