Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty

According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent.

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Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports

Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.

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Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust

A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said.

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Hi$41M Exploit of Crypto Betting Platform ‘Stake’ Causes Investors to Seek Safe Haven in Bitcoin Spark

The popular crypto betting site, Stake, reportedly losing a whopping amount of $41 million in crypto theft sent shockwaves through the crypto market. Market observers suggest investors are now seeking safe haven in Bitcoin Spark (BTCS).

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FBI links crypto betting platform's theft to North Korea

FBI stated that it would continue to “expose and combat” the North Korean regime's criminal use of cryptos. Big names in the crypto industry expressed concerns on the growing number of inciThe post FBI links crypto betting platform's theft to North Korea appeared first on AMBCrypto.

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Seoul to target North Korea’s illicit crypto assets with a new cyber bill

South Korea plans new legislation and a cybersecurity committee to combat North Korean crypto theft and strengthen digital defenses

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South Korea aims to freeze North Korea's crypto assets: Report

Sanctions against North Korea due to its nuclear programs have led to the country engaging in crypto theft. In 2023, North Korean hackers stole around $200 million in crypto year-to-date, as peThe post South Korea aims to freeze North Korea's crypto assets: Report appeared first on AMBCrypto.

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The Crypto Space Lost $361.7M In 31 Hacks This Summer

The cryptocurrency industry has been hit by a wave of hacks this summer, with over $361 million lost in 31 hacks. DeFi projects remain the most vulnerable area, accounting for 84% of the hacks. Largest Hack: Multichain The largest hack of the summer was the $126 million theft from Multichain, a cross-chain bridge that allows […]

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Scammer steals over $50k in crypto from the DEA

The Drug Enforcement Administration (DEA) was duped out of almost $55,000 in crypto by a con artist. This bold theft used a special mix of surveillance, airdropping, and deception. The US Department of Justice’s DEA division primarily focuses on reducing the movement of illegal drugs into and out of the country.

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FBI Issues New Warning To Crypto Firms About North Korean Hackers

The FBI has warned cryptocurrency firms to scrutinize their blockchain data for wallets linked to the theft of hundreds of millions in crypto by North Korea's TraderTraitor-affiliated actors. The post FBI Issues New Warning To Crypto Firms About North Korean Hackers appeared first on BeInCrypto.

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FBI Warns North Korean Hackers May Sell $40 Million In Bitcoin

In a recent statement, the Federal Bureau of Investigation (FBI) alerted the crypto industry about suspicious Bitcoin transactions linked to the Democratic People’s Republic of Korea (DPRK). These activities connect directly to a theft amounting to hundreds of millions of dollars.

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Infernal Drainer Steals 13 NFTs from Blur Marketplace

Infernal Drainer steals 13 NFTs from Blur marketplace, marking another alarming crypto theft. The article details the attack, the entity, and security concerns. The post Infernal Drainer Steals 13 NFTs from Blur Marketplace appeared first on NFT News Today.

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American IT Firm Targeted By Korean Hackers In Crypto Theft

A major American tech firm was recently hacked by a North Korean cybercriminal ring attempting to target its crypto-based customers. In its company blog, Jumpcloud, an IT management company based in Louisville, Colorado, reported that hackers from North Korea broke into its system in late June.

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Crypto investors in Canada face home theft risk, police say

Canadian police issued a public warning on July 19 regarding a concerning trend of high-value crypto investors falling victim to home robberies.

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Insider Job? Chainalysis Report Suggests Multichain Attacker Had Inside Connections

On July 6, 2023, the Multichain Protocol was hit by a massive hack, resulting in the loss of over $125 million worth of cryptocurrency. The attack targeted the protocol’s Fantom bridge, resulting in the theft of valuable crypto assets like WBTC, USDC, DAI, wETH, and Link.

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U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft

The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange.

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Crypto Mining Criminals: Malaysian Power Utility Busts 2 Companies For Electricity Theft

Crypto mining has taken an audacious turn in Malaysia, where a group of determined miners is embarking on a relentless pursuit of energy so remarkably inexpensive that it borders on being free.  Caught in the crosshairs of this unconventional quest is Sarawak Energy, a prominent state-owned electric company in Malaysia, which has now set its […]

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Privacy is not the core feature of Bitcoin — KuCoin CEO

KYC is an important measure for crypto exchanges to protect and recover user funds in the case of theft or hacking, KuCoin CEO Johnny Lyu said.

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Canadian teens impersonate Coinbase support, stealing over $4m in crypto

Two teenagers from Canada have been apprehended and charged in connection with a cryptocurrency theft amounting to $4. 2 million. According to reports on July 4, the accused individuals posed as Coinbase support.

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Canadian teens allegedly stole over $4M in crypto by impersonating Coinbase support

Two Canadian teenagers have been apprehended and charged in connection with the theft of $4.2 million in cryptocurrency, according to a report by CBC on July 4. Teens stole $4.2M in BTC, ETH The accused teenagers allegedly stole a substantial amount in Bitcoin (BTC) and Ethereum (ETH) by posing as Coinbase support and gaining unauthorized […] The post Canadian teens allegedly stole over $4M in crypto by impersonating Coinbase support appeared first on CryptoSlate.

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Kraken says it fought IRS to protect clients against identity theft, other potential harms

Kraken, a leading crypto exchange, commented on the outcome of a recent case in a statement emailed to CryptoSlate on July 3. A company representative said: “We fought the IRS because they sought intrusive and unnecessary information about U.

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SIM Swap Hacker “PlugwalkJoe” Sentenced to 5 Years, Fined $794K

Hacker “PlugwalkJoe” Sentenced to 5 Years for $794K SIM Swap Attack on Crypto Exchange Executive Joseph O’Connor, a British hacker known as PlugwalkJoe, has received a five-year prison sentence in the United States for orchestrating a SIM swap attack that resulted in the theft of $794,000 worth of cryptocurrency from a crypto exchange executive in […] Сообщение SIM Swap Hacker “PlugwalkJoe” Sentenced to 5 Years, Fined $794K появились сначала на Coinstelegram.

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PlugwalkJoe Gets 5-Year Sentence For $794,000 SIM Swap Crypto Hack – Details

Joseph O’Connor, a British hacker who operated under the pseudonym PlugwalkJoe, has been given a five-year prison sentence in the United States. His conviction stems from his involvement in a SIM swap attack targeting a high-profile cryptocurrency exchange executive in April 2019, resulting in the theft of digital assets valued at approximately $794,000. Having initially […]

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2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft, SIM Swapping Scheme

Joseph O'Conner, a British man who made roughly $900,000 in an elaborate Twitter hack and a separate crypto-related SIM-swapping scheme, received a 5 year sentence from a federal judge on Friday, Inner City Press reported.

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Crypto scammers and the need for tools to prevent theft: World Token Summit

Matthias Mende said while it’s very unfortunate, there are a lot of bad actors using social media who are constantly trying to bring harm to others.

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Mango Markets’ Alleged Exploiter Set to Face Trial in December for $116M Theft Accusation

Crypto User Avraham Eisenberg to Face Trial in December for Alleged $116M Theft from Mango Markets Avraham Eisenberg, the individual accused of orchestrating a significant exploit on decentralized exchange Mango Markets, is set to stand trial in the United States on December 4th.

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Crypto Scammers Rake in Almost $1 Million by Seizing Control of Over 8 Influential Twitter Accounts

igh-Profile Crypto Twitter Accounts Exploited: Scammers Amass Nearly $1 Million in Ill-Gotten Gains In a series of targeted attacks, fraudsters have successfully compromised the Twitter accounts of influential individuals in the cryptocurrency industry, leading to the theft of close to $1 million in digital assets.

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Breaking: DOJ Takes Down Mt. Gox Hackers For Multi-Million Dollar Crypto Theft

The United States Department of Justice (DOJ) has announced the unsealing of charges related to the 2011 hack of the crypto exchange Mt. Gox and the operation of the illicit cryptocurrency exchange BTC-e.

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Top 3 Ignorant Ways Crypto Users Can Give Scammers Access To Their Wallets

Wallet scam or hack is a growing thing in the crypto space in recent months. Several techniques can be used to stop situations like the recent theft of over $35 million in cryptocurrency from Atomic Wallet.

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Grand Theft Auto (GTA) 6 to Incorporate Play-to-Earn Model Featuring Crypto

Coinspeaker Grand Theft Auto (GTA) 6 to Incorporate Play-to-Earn Model Featuring Crypto Recent leaks suggest that the upcoming GTA 6 video game could adopt play-to-earn gaming mechanics that see gamers earn crypto in real life.

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U.S. Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft

Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.

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Euler Finance Lets Users Redeem Recovered Funds Following $200M Theft

Less than a month later after the decentralized crypto lending platform was exploited for roughly $200 million, Euler Finance has for the first time since the exploit allowed users to claim their capital.

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Most famous theft in crypto market

One of the most famous thefts in the cryptocurrency space is the Mt. Gox hack in 2014. At the time, Mt. Gox was one of the largest Bitcoin exchanges in the world, handling approximately 70% of all Bitcoin transactions.

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GDAC hacked: South Korea’s crypto nightmare

The South Korean crypto exchange GDAC was compromised on Sunday. GDAC is widely recognized for token-to-token transactions. The breach resulted in the theft of 23% of the exchange's assets.

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Crypto Theft Alert: New Malware Hijacks Coins via Phony VPN Services

Cybersecurity experts have identified novel malware strain called OpcJacker, which has been compromising cryptocurrency users since mid-2022

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Net losses from crypto theft down sharply in Q1 2023 at $322M: Report

A report from app provider De.Fi showed losses from theft down in Q1 2023 compared with 2022, along with the recovery of funds.

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Bitget customer accuses exchange of stealing $200k from account

An aggrieved customer has accused crypto exchange Bitget of theft and stated that the platform moved to freeze their account.

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New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases

A third of Americans who own or have owned cryptocurrency have fallen victim to scams and theft, according to a recent survey by cybersecurity firm Kaspersky. The post New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases appeared first on CryptoSlate.

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Kaspersky: 30% of crypto owners have experienced crypto theft

Kaspersky survey reveals 30%, or 1 in 3 crypto owners in the US have been victims of crypto theft/ On average, crypto owners have lost $97,583. Only 34% of crypto owners use multi-factor authentication and only 15% use offline or cold wallets.

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One in Three Americans Victims of Crypto Theft

A recent survey from Kaspersky has shown that one in three Americans has had $97,583 in crypto stolen. How to protect your assets? The post One in Three Americans Victims of Crypto Theft appeared first on BeInCrypto.

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A third of US crypto holders have experienced theft: Report

10% of crypto holders surveyed made no attempt at protecting their assets; victimization varied strongly by age.

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Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis

2022 became a year of crypto thefts, but illicit transactions still account only for a meager share of all crypto activity, Chainalysis says.

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South Korea sets independent sanctions for crypto theft against North Korea

The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats.

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North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters

The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion.

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North Korean Hackers Linked To 45% of $3.8 Billion Crypto Theft in 2022 – Chainalysis Reports

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North Korean Hackers Masterminded $100 Million U.S. Crypto Heist, FBI Says

Theft of crypto and other forms of cyber espionage have been a key source of income for North Korean hackers, whose country of origin is in a chronic financial crisis and is virtually blocked off from the global market.

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FBI: North Korean Hackers Behind $100 Million Horizon Bridge Theft

A pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement.

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FBI: North Korean Hackers Behind $100M Horizon Bridge Theft

A pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement.

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CryptoSlate Wrapped Daily: Phishing attack steals 700 Ethereum; Moldova bans crypto mining

The biggest news in the cryptoverse for October 26 includes the theft of over $1M worth of Ethereum by a phishing attack, Vitalik Buterin’s tweet deeming ZKPs “necessary” for Ethereum and Binance overtaking Huobi in crypto derivatives trading.

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