$2.2 Billion Lost: Crypto Hacks Stolen Funds Surge 21% In 2024 – Report

This year, crypto hacks increased in the total value stolen and the number of attacks compared to last year. According to a recent report, the industry lost over $2 billion in the past 12 months, with over half of the funds allegedly being stolen by North Korean hackers.

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Actors From North Korea Steal Digital Assets Worth $3 Billion In Six Years

Hacks and thefts are some of the drawbacks that come from the wider advantages of the crypto industry, due to the anonymity of crypto transactions. According to a new report, state-sponsored hackers from North Korea have stolen around $3 billion in digital currency since 2017, with approximately 44% of stolen cryptocurrency in 2022 traced to […]

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Crypto Community Criticizes Oasis Network – Jump Crypto ‘Counter Exploit’

Oasis Network said it helped Jump Crypto recover some of the stolen funds in the $300 million Wormhole exploit of February 2022. The post Crypto Community Criticizes Oasis Network – Jump Crypto ‘Counter Exploit’ appeared first on BeInCrypto.

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Jump Crypto and Oasis recover 120k ETH from Wormhole exploit

On Feb. 25, Jump Crypto, a web3 infrastructure firm, announced that it had successfully recovered the 120,000 ETH stolen during the infamous Wormhole exploit in 2022.   According to decentralized finance (DeFi) platform Oasis.

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Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack

The High Court of England and Wales ordered the crypto platform to reclaim the stolen funds.

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US school employee charged for mining crypto with stolen electricity

A former facilities worker in the US state of Massachusetts is accused of stealing nearly $18,000 in electricity to power his crypto mining operation in a school's crawl space.

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Two scam Twitter accounts rugged over 80.3 ETH last month

Two scam Twitter accounts posing as CryptoPunk and Azuki whales have stolen over $136,500 (80.3 ETH) in the last 30 days. The expose is the latest in a string of hacks and scams in the crypto world. Fake giveaways and…

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Norway Police Seize $5.9M in Stolen Crypto From Axie Infinity Hackers 

Norway Police have recovered $5.9 million from the Axie Infinity hackers who stole $620 million in the Ronin Bridge exploit last year. The post Norway Police Seize $5.9M in Stolen Crypto From Axie Infinity Hackers  appeared first on BeInCrypto.

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Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers

The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.

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Wormhole hacker moves $46 million of stolen funds

$46 million of stolen Wormhole funds has just been transferred from the hacker's wallet. Wormhole's token bridge was exploited in February 2022. The stolen crypto from one of the industry's The post Wormhole hacker moves $46 million of stolen funds appeared first on AMBCrypto.

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North Korea hackers stole the most crypto in 2022: Report

North Korea-linked hackers stole between $630 million and more than $1 billion in cryptocurrency assets last year. North Korea's hackers have stolen more cryptocurrency assets in 2022 than in aThe post North Korea hackers stole the most crypto in 2022: Report appeared first on AMBCrypto.

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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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DPRK linked hackers launder $17.7m ETH from Harmony Bridge

A self-styled crypto investigator going by the social media moniker ZachXBT claims that actors allied to the Democratic People’s Republic of Korea (DPRK) have laundered another tranche of funds stolen last year from Harmony’s Horizon Bridge.

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'Blockchain Bandit' reawakens: $90M in stolen crypto seen shifting

The hacker accumulated as much as $90 million worth of crypto from wallets with weak private keys during a six-year thieving spree.

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Crypto Recovery Specialist Asset Reality Raises $4.91M to Hire Engineers, Expand Ops

The irreversibility of cryptocurrency transactions presents a unique challenge for recovering stolen assets. The seed funding round was led by Framework Ventures and other investors.

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FBI confirms North Korean cybercrime groups stole crypto from Horizon Bridge

The FBI has identified two North Korean cybercrime groups in connection to the Horizon Bridge hack The bureau claimed that a portion of the stolen Ethereum (ETH) was converted to Bitcoin (BTC) The post FBI confirms North Korean cybercrime groups stole crypto from Horizon Bridge appeared first on AMBCrypto.

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Crypto tracker picks up trail of funds heisted from Harmony Bridge in June

The crypto detectives traced funds stolen by North Korean Lazarus Group through two mixers and various networks to identify 350 addresses where the funds remain today.

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Here’s Where Crypto Stolen by North Korea from Lazarus Group Actually Went

After an extensive analysis, the crypto tracking and compliance platform MistTrack has managed to truly unravel where the funds were actually going

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Binance And Huobi Team Up To Recover Stolen Funds From Harmony One Exploit

Hacking in the crypto industry has been a prominent part of the space. One of the recent significant ones, the Harmony bridge exploit, has been under investigation since it occurred. The latest update indicates that the largest cryptocurrency exchanges, Binance and Huobi, have teamed up to recover some of the stolen funds.  The information was […]

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Scammer sympathizes with victim, returns 75,000 XRP

n what some crypto fans describe as a "glimmer of hope", a scammer returned all monies stolen from an XRP holder last week.

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Alleged North Korean Cyber Criminals behind Harmony Hack Lazarus Group Moves $64M in Stolen Crypto over Weekend

Coinspeaker Alleged North Korean Cyber Criminals behind Harmony Hack Lazarus Group Moves $64M in Stolen Crypto over Weekend Harmony hack perpetrators Lazarus Group recently moved $63.

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Crypto Hack: Cybercriminals Steal Over $3.5 Billion In Crypto In 2022

Imagine the sad faces of thousands to even millions of investors in the cryptocurrency market when news of a huge amount of digital currency assets have been stolen by hackers during a single fiscal year alone.

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Wormhole attackers transfer $2.9m USDC to a new wallet address months after hack

Wormhole network exploiters have transferred $2.9 million USDC to a new Ethereum wallet based on a report by crypto security site, Mistrack. Over 120,000 ETH were previously stolen from Wormhole.

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The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen

Just the top 10 major cryptocurrency exploits garnered over $2 billion for malicious actors in a year that was marred with bankruptcies and collapses.

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Bad Actors Win Big In Crypto With Over $3 Billion Stolen In 2022

Bad actors are now almost synonymous with the crypto space given the number of scams and hacks perpetuated on an almost daily basis. So far in the year 2022, these bad actors have come out on top, beating out previous years’ records.

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More Than $3 Billion Stolen from Crypto Projects in 2022: Forbes

Crypto ecosystem witnessed more than 125 hacks and lost over $3 billion this year

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US to investigate $372 million stolen in FTX exploit post bankruptcy

Hours after defunct crypto exchange FTX and hedge fund Alameda Research filed for bankruptcy on November 11, large amounts of funds were moved out of the exchange. The post US to investigate $372 million stolen in FTX exploit post bankruptcy appeared first on CryptoSlate.

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BitKeep announces freezing of hacker funds transferred to multiple addresses

Earlier today, through its official Telegram handle, recently exploited crypto wallet network BitKeep announced some of the stolen funds transferred to other addresses by hackers had been frozen.

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Scam Alert: Popular Crypto Wallet Compromised, $8 Million Stolen

Original wallet is safe to use, but you should be cautious when downloading APKs

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Terra Founder Do Kwon Cashes Out Some Of His Stolen Bitcoin In Serbia: Report

While FTX founder Sam Bankman-Fried, one of this year’s biggest crypto crooks, has finally been arrested and extradited to the US, Terra Luna founder Do Kwon is still on the run, and cashing out Bitcoin.

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North Korean hackers stole $1.2B of crypto over the last five years

North Korean hackers have stolen around $1.2 billion in cryptocurrency and other virtual assets over the past five years, most of which were stolen in 2021 alone. A report by the Daily Mail cites an investigation of South Korea’s National…

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North Korean hacking activity ceases after regulators implement KYC: Report

Intelligence officials say that out of $620 million in crypto stolen by North Korean hackers this year, none were related to South Korea.

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Crypto Twitter Delves Into Strange, Sloppy Side of Trump’s NFT Collection

Online sleuths analyzed blockchain data and assets in the former president’s NFT collection, finding evidence of stolen art and shady wallet addresses, painting a picture of how the digital collectibles came to be.

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Social Engineering Strikes Again As $1M+ Bored Ape Collection Stolen

Bored Ape Yacht Club NFTs have become a staple in crypto culture. As one of the most recognizable collections in the NFT landscape, that too has come with a major target for scammers, hackers, and other unsavory players.

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FTX Hacker Sends Part of Stolen Funds to OKX Exchange

Coinspeaker FTX Hacker Sends Part of Stolen Funds to OKX Exchange A market analyst has spotted a pattern in the fund transfers made by the FTX hacker to OKX. The crypto exchange said that it is investigating into the matter.

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London Court Orders Six Crypto Exchanges to Share Client Details to Assist in $10.7M Fraud Case

London's High Court has ordered six cryptocurrency exchanges including Binance, Coinbase, Luno and Kraken to disclose client information to trace $10.7 million that was stolen from a UK-based exchange in 2020.

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Venture capitalist Bo Shen hacked: $42M stolen

Venture capitalist, Bo Shen, was hit by a hack that left him with $42 million less in his portfolio. Shen wrote in a Nov. 23 Twitter thread that he lost a total of $42 million of crypto assets to a…

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Alameda-Backed Crypto Trading Firm 3Commas Says It’s Pretty Sure It Wasn’t Breached

Users who have lost millions suspect 3Commas of leaking sensitive API credentials, but the firm insists that it is not to blame for the stolen funds “to our best current knowledge.”

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‘Substantial amount’ of FTX’s assets stolen or missing — Bankruptcy counsel

“We’re not just talking about crypto assets, or cash assets, or physical assets — we’re also talking about information, and information here is an asset,” said James Bromley.

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FTX hacker converts ETH into BTC as they attempt to cash loot

FTX funds stolen from the bankrupt crypto exchange on 11 November have reportedly been moved, with the thief looking to convert the looted Ethereum (ETH) into Bitcoin (BTC) as part of their cash out strategy.

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Here’s What’s Happening to Crypto Stolen from FTX

The cryptocurrency funds stolen from the FTX exchange are currently on the move, according to blockchain sleuth Chainalysis

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TRM Labs launches Beacon Network, the holy grail of recovering stolen crypto

TRM labs has announced the launch of Beacon Network to aid the recovery of stolen digital assets before malicious hackers cash out.

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FTX Exploiter Swaps Thousands of Stolen BNB Crypto Tokens Into Ether, BUSD

The attacker appears to convert their illicitly gained funds around the same time every day.

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FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

Some $27 million worth of ether was converted to the DAI stablecoin, while funds on the BNB Chain were converted to ether and bridged to the Ethereum network.

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Hackers keeping stolen crypto: What is the long-term solution?

In the long run, the industry needs to come together and step up its cybersecurity game in a big way rather than seek out such temporary fixes.

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Tezro: Bringing Instant Messaging and Digital Assets Services Under One Roof

PARIS, FRANCE  / NOVEMBER 7th 2022 / Safety is every crypto enthusiast’s top-most priority. After all, you wouldn’t want your cryptocurrency wallet to be compromised and your coins stolen.

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Deribit hackers move stolen Ether to Tornado Cash crypto mixer

The Deribit hot wallet hacker has transferred 1,610 ETH (over $2.5 million) to Tornado Cash, according to data from the Ethereum block explorer Etherscan.

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Crypto Exchange Deribit’s Hackers Are Moving Stolen Funds

On Nov. 1, late in the evening (UTC), the crypto derivatives platform Deribit was compromised for $28 million. At 07:00 (UTC) the following day, the firm reported the incident via its official Twitter account several hours later. The Crypto Exchange…

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