Valid Entry is on a journey to make the DeFi ecosystem safer and smarter.

¥100 Million Crypto Laundering Scheme, Crypto Credit Card Fraud Rising in Japan

Yuta Kobayashi, a 26-year-old citizen of Japan, was arrested this week for allegedly laundering 100 million Yen using Monero in a fraudulent credit card scheme. The arrest followed an extensive…

Willgregg

Nov 9

UK’s FCA Defends Strict Crypto Stance to Combat Illicit Activities

Citing the need to safeguard financial integrity, the Financial Conduct Authority (FCA) of the UK justifies its strict registration requirements for crypto firms. Though these tactics have grown criticism with…

Willgregg

Nov 5

Rising Crypto Scams Leave Americans Reeling from Billion in Losses.

Cryptocurrency is a divisive topic among the population where some believe that it is the future of currency and fully support it, and others see it as a security risk and are hesitant to get involved with it. The…

Willgregg

Nov 4

North Korean Hackers Target Cryptocurrency Users on LinkedIn with RustDoor Malware.

According to the 2023 crypto fraud reports by the FBI, the most common form of cyberattacks in the US have been investment fraud when bad actors claim to be from refutable exchanges…

Willgregg

Oct 29

UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property.

The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property…

Willgregg

Oct 22

Bad Actors Selling Deepfake Tool to Bypass Crypto Exchange Security Protocols, and ValidEntry’s Solution.

In a new report, Cato Networks says bad actors are selling a deepfake tool in underground markets that allows users to bypass a crypto exchange’s…

Willgregg

Oct 17

Crypto Malware Discovered in Python Package Index Threatens Wallet Security

A recent report from cybersecurity firm Checkmarx reveals a dangerous new malware strain in the Python Package Index (PyPI) designed to steal private keys, mnemonic phrases, and other sensitive data…

Willgregg

Oct 15

Lawmakers say that crypto legislation could come by the end of the year!

Both Rep. Tom Emmer and Sen. Kirsten Gillibrand said they were hopeful that some crypto bills could be introduced during the lame-duck session after the election. The legislation could provide some of the…

Willgregg

Oct 10

2023 FBI Crypto Fraud Report: Shocking Tactics are on the Rise.

The 2023 FBI crypto fraud report highlights the specific types of cyber-criminal activity that has been growing over the last few years.
The largest type of cyber-crime by dollars stollen was investment fraud. The total…

Willgregg

Oct 8

2023 FBI Crypto Fraud Report Summary

The 2023 FBI Crypto Fraud report was released last month and reveals some interesting insights into the rapidly developing cyber-criminal landscape. In 2023, the FBI received 69,468 complaints of fraudulent activity in the cryptocurrency nexus, a total of $5.6…