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News

Darknet Hackers Sell Crypto Accounts At Unbeatable Prices!

April 30, 2023 - Around 3 mins mins to read

Key Points:

  • Cybercriminals are selling hacked crypto accounts for as low as $30 on the darknet.
  • The prices for verified cryptocurrency accounts have increased significantly in 2023, according to data from the Dark Web Price Index.
  • Account information for credit cards with balances of up to $5,000 are sold for just $110 while login credentials for online bank accounts with balances of up to $2,000 are sold for $60.
Cybercriminals from the darkest parts of the internet are reportedly selling hacked, verified crypto accounts on the darknet for as low as just $30 apiece.
Darknet Hackers Sell Crypto Accounts At Unbeatable Prices 1

These accounts can be used to illegally evade know-your-customer (KYC) measures on popular cryptocurrency exchanges. The prices of some of the ill-gotten verified cryptocurrency accounts include Kraken verified account for $1,170, Binance verified account for $410, Crypto.com verified account for $300, Coinbase verified account for $250, and U.S.-verified Bitrex account for $30.

The figures mark a significant increase in the prices paid for the same account details in 2022, according to data from last year’s edition of The Dark Web Price Index. In 2022, hackers were paying just $260 and $250 for verified Kraken and Binance accounts respectively. It is important to note that cryptocurrency accounts aren’t the only items on the list of fraudulently obtained financial account information that cybercriminals have been selling on the dark web. Account information for credit cards with balances of up to $5,000 are sold for just $110 while login credentials for online bank accounts with balances of up to $2,000 are sold for $60.

It is also concerning that login details for all manner of social media accounts are up for grabs, including hacked Facebook, Airbnb and Gmail accounts, starting as low as $25 a pop. Privacy Affairs security researcher Miklos Zoltan warns that internet users must be more cautious with their personal information than ever before. If someone gets their hands on your financial details or social media credentials, the prices mentioned above are basically what it’s worth to them. He explains that there’s a good chance that you value these things much more than they do, as to them you’re just another mark for a quick buck.

The hacking of accounts at popular crypto exchanges has been a growing problem in the industry. Recently, a customer of U.S.-based cryptocurrency exchange Coinbase filed a lawsuit against the company following an attack on his account, claiming to have lost 90% of his life savings after he fell victim to a nefarious hack known as a “SIM swap” — where scammers gain control of a phone number by tricking the telecommunications provider into linking the number to their own SIM card. It is crucial to take cybersecurity measures seriously and to stay informed of the latest threats and risks.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Annie

Coincu News

Crypto Accounts

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Darknet Hackers

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Darknet Hackers Sell Crypto Accounts At Unbeatable Prices!

Key Points:

  • Cybercriminals are selling hacked crypto accounts for as low as $30 on the darknet.
  • The prices for verified cryptocurrency accounts have increased significantly in 2023, according to data from the Dark Web Price Index.
  • Account information for credit cards with balances of up to $5,000 are sold for just $110 while login credentials for online bank accounts with balances of up to $2,000 are sold for $60.
Cybercriminals from the darkest parts of the internet are reportedly selling hacked, verified crypto accounts on the darknet for as low as just $30 apiece.
Darknet Hackers Sell Crypto Accounts At Unbeatable Prices 1

These accounts can be used to illegally evade know-your-customer (KYC) measures on popular cryptocurrency exchanges. The prices of some of the ill-gotten verified cryptocurrency accounts include Kraken verified account for $1,170, Binance verified account for $410, Crypto.com verified account for $300, Coinbase verified account for $250, and U.S.-verified Bitrex account for $30.

The figures mark a significant increase in the prices paid for the same account details in 2022, according to data from last year’s edition of The Dark Web Price Index. In 2022, hackers were paying just $260 and $250 for verified Kraken and Binance accounts respectively. It is important to note that cryptocurrency accounts aren’t the only items on the list of fraudulently obtained financial account information that cybercriminals have been selling on the dark web. Account information for credit cards with balances of up to $5,000 are sold for just $110 while login credentials for online bank accounts with balances of up to $2,000 are sold for $60.

It is also concerning that login details for all manner of social media accounts are up for grabs, including hacked Facebook, Airbnb and Gmail accounts, starting as low as $25 a pop. Privacy Affairs security researcher Miklos Zoltan warns that internet users must be more cautious with their personal information than ever before. If someone gets their hands on your financial details or social media credentials, the prices mentioned above are basically what it’s worth to them. He explains that there’s a good chance that you value these things much more than they do, as to them you’re just another mark for a quick buck.

The hacking of accounts at popular crypto exchanges has been a growing problem in the industry. Recently, a customer of U.S.-based cryptocurrency exchange Coinbase filed a lawsuit against the company following an attack on his account, claiming to have lost 90% of his life savings after he fell victim to a nefarious hack known as a “SIM swap” — where scammers gain control of a phone number by tricking the telecommunications provider into linking the number to their own SIM card. It is crucial to take cybersecurity measures seriously and to stay informed of the latest threats and risks.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Annie

Coincu News