ZachXBT exposes North Korean agents infiltrating crypto projects to conduct thefts

Crypto investigator ZachXBT has unveiled a sophisticated operation involving North Korean IT workers who infiltrated a project’s development team and stole $1. 3 million from its treasury. The theft occurred after the developers, hired under fake identities, pushed malicious code that facilitated the transfer of funds. дальше »

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North Korean workers tied to $1.3M crypto theft: ZachXBT

Cybersecurity expert ZachXBT’s recent tweets suggest a sophisticated scheme involving North Korean IT workers posing as crypto developers is taking place. The operation led to the theft of $1.3 million from a project’s treasury and exposed a network of over… дальше »

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Terra Blockchain (LUNC) Hit By $5 Million Hack And Outage: Details

The Terra blockchain has suffered a significant breach involving a complex exploit that resulted in the theft of approximately $5 million in assorted cryptocurrencies. The specific assets stolen included approximately 60 million ASTRO tokens, 3. дальше »

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Shiba Inu (SHIB) Price Takes Painful Dip Amid Major India Crypto Hack

India's WazirX breach causes Shiba Inu (SHIB) price to drop after $234 million theft дальше »

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Phishing Victim Recovers $10.3M In $stETH From Attacker, Awaits Remaining Funds

A report from Cyver Alert revealed a phishing attack that occurred over a year ago, resulting in the loss of nearly $32 million in staked Ethereum (stETH). The victim had fallen prey to a malicious contract, leading to the significant theft. дальше »

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Crypto conscience? Scammer returns $9.3M stablecoins after 10 months

A scammer returned $9. 3 million out of $24 million in stolen stablecoins after 10 months. Returned funds represent 38. 26% of the original theft. In a surprising turn of events, a scammer hasThe post Crypto conscience? Scammer returns $9. дальше »

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Tether Cracks Down On Cambodian Fraud, Freezes $28 Million In USDT

Tether has frozen $28 million worth of USDT tokens connected to the Huione Group business in Cambodia. This is a big deal in the world of cryptocurrencies. This move comes after claims of theft and money laundering, showing how hard it is to regulate digital currencies. дальше »

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CoinStats releases incident report following $2.2m security breach

CoinStats, a leading cryptocurrency portfolio tracking app, revealed details of a significant security breach that resulted in the theft of approximately $2.2 million in digital assets.  дальше »

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Cryptocurrency theft surges to $1.4 billion in 2024, doubling last year’s figures

Hackers have more than doubled their cryptocurrency spoils in the first half of 2024 compared with the same period last year, according to a report from blockchain research firm TRM Labs.   The report highlights a significant increase in stolen crypto, totaling $1. дальше »

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SlowMist reports $20.66M in stolen funds in Q2

With more companies using blockchain tech and crypto, there has been a corresponding increase in security incidents such as theft, phishing, and fraud. SlowMist, a leading blockchain security firm, released its second quarter MistTrack Stolen Funds Analysis report, which examines… дальше »

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SlowMist Named 3 Key Causes of Crypto Theft

SlowMist's Q2 2024 report identifies private key mishandling, fake wallets, and honeypot scams as major threats to cryptocurrency security. The post SlowMist Named 3 Key Causes of Crypto Theft appeared first on BeInCrypto. дальше »

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Bittensor halts network following $8m theft due to private key leak

Blockchain startup Bittensor has temporarily halted its network due to a private key leak, causing the network’s token to drop by 16%. Bittensor, a decentralized machine learning protocol, has apparently fallen victim to a hacker attack, targeting multiple wallets in… дальше »

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Crypto Security Tool Harpie Expands Theft Protection to Three New Blockchains

New York, NY, United States, 25th June 2024, Chainwire

The post Crypto Security Tool Harpie Expands Theft Protection to Three New Blockchains appeared first on CoinJournal.

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CertiK Faces Fallout After Confessing $3 Million Heist From Kraken, What’s Next?

Cryptocurrency exchange Kraken has announced that it has fallen victim to a major security flaw that has resulted in the theft of $3 million worth of digital assets. However, in a surprising turn of events, the party responsible has been identified as CertiK. дальше »

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Kraken claims it is being ‘extorted’ as white hat hacker demands reward after $3M theft

Kraken faces extortion after a security researcher exploited a bug to steal $3 million in digital assets, demanding a reward for their work. The post Kraken claims it is being ‘extorted’ as white hat hacker demands reward after $3M theft appeared first on Crypto Briefing. дальше »

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FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets

FTX's victims are seeking a court hearing to rule on their claim that all the failed crypto exchange's forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate. дальше »

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Polygon ID officially spins out as Privado ID

Privado ID, a privacy-centric digital identity solution formerly known as Polygon ID, has officially announced its spin-off from Polygon Labs. Identity theft and fraud has evolved into a major problem within crypto, particularly with AI-generated misinformation. On June 12, a… дальше »

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Crypto Fraudster Gets Slammed: Ex-Banker Gets 41 Years In Prison

In a landmark case highlighting the perils of unchecked cryptocurrency investments, Rashawn Russell, a former investment banker, has been sentenced to 41 months in federal prison. The Eastern New York District Court handed down the sentence after Russell pleaded guilty to wire fraud and identity theft, marking a significant crackdown on digital asset fraud. Related […] дальше »

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Paraguay seizes 2,738 ASICs as power theft crackdown continues

Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.

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Betrayal In The Force: How An Indian Officer’s Bitcoin Theft Could Change Crypto Policing Forever

In a striking crypto breach of trust, an Indian police officer, Chandrahar SR, was recently arrested for illicitly siphoning off Bitcoin worth approximately INR 1. 8 crores ($216,000). This misconduct occurred amid an investigation into a major cryptocurrency scam that dates back to 2017. дальше »

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Japanese DMM exchange suspends withdrawals after $305 million Bitcoin theft

Japan-based crypto exchange DMM confirmed a hack resulting in the theft of 4,502. 9 BTC, valued at approximately 48 billion yen ($305 million). In a May 31 statement, the exchange reported detecting an “unauthorized leak of Bitcoin” from its wallet around 1:26 pm Tokyo time on Friday, May 31, 2024. дальше »

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Japanese exchange DMM Bitcoin hit with $300 million hack

DMM Bitcoin commits to a full refund for users after a massive 48.2 billion yen Bitcoin theft shakes the crypto exchange. The post Japanese exchange DMM Bitcoin hit with $300 million hack appeared first on Crypto Briefing. дальше »

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ESET and Dutch police expose Ebury botnet’s cryptocurrency theft operations

Dutch cybersecurity specialists have linked a major cryptocurrency theft to the infamous Ebury botnet, responsible for compromising over 400,000 servers over a 15-year period. According to a report from Slovakian cybersecurity firm ESET, the incident was initially uncovered during a… дальше »

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Pink Drainer Shuts Down After Stealing $85 Million in Crypto

Pink Drainer retires after stealing $85 million. Its shutdown marks an end to an era in crypto theft, but threats remain. The post Pink Drainer Shuts Down After Stealing $85 Million in Crypto appeared first on BeInCrypto. дальше »

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Wallet drainer service Pink Drainer to wind down operations

Developers behind Pink Drainer, a notorious wallet drainer service implicated in the theft of over $75 million in assets, have decided to wind down their operations.  “We have reached our goal and now, according to plan, it’s time for us… дальше »

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DOJ charges 2 people over $25 million ETH theft via MEV exploit

The DOJ arrested and charged two individuals on May 15 over an alleged $25 million MEV exploit that occurred on the Ethereum blockchain. The defendants — brothers Anton and James Pepaire-Bueno — face three charges of conspiracy, wire fraud, and money laundering, each with a potential 20-year sentence. дальше »

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US DOJ arrests brothers for stealing $25m crypto in 12 seconds

The U.S. Department of Justice has arrested two brothers concerning the theft of $25 million in cryptocurrency. дальше »

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What is cryptocurrency insurance, and how does it work?

Learn how cryptocurrency insurance protects your digital assets from theft, hacks and other risks. Understand the coverage options and how this specialized insurance works. дальше »

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Hacker Makes Rare Move to Refund Stolen $71 Million In Crypto

$71 million theft: Hacker makes unexpected refund gesture дальше »

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Trader loses 7-figure sum due to 0L Network hard fork

“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team. дальше »

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Crypto hacks on Coinbase’s Base chain rose by 145% in April, data shows

Coinbase’s Base chain appears to be a target for scammers, with two of the top 10 largest single thefts occurring on the network, accounting for over 20% of the month’s total theft. Although crypto hacks saw a decrease in April… дальше »

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Open Source Al Bot Caught Stealing Cryptos

An unnamed AI bot includes a backdoor code that facilitates the theft of its users' private keys.

The post Open Source Al Bot Caught Stealing Cryptos appeared first on BeInCrypto.

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Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks

Token infrastructure platform Hedgey Finance lost approximately $44. 5 million of digital assets within two hours across Ethereum’s layer-2 network Arbitrum and Binance Smart Chain. In an April 19 statement shared with CryptoSlate, blockchain security firm Cyvers explained that a malicious attacker exploited Hedgey’s “createLockedCampaign” function using flash-loaned funds to siphon off the funds. дальше »

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Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m

Crypto detective ZachXBT has identified the alleged PrismaFi hacker, exposing their involvement in the $11.1 million theft and subsequent demands. Blockchain sleuth ZachXBT uncovered an alleged attacker behind the PrismaFi hack, which left the protocol without $11.1 million worth of… дальше »

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Former Amazon Engineer Sentenced for Hacking DeFi Protocols

Shakeeb Ahmed, a former Amazon engineer, was sentenced to three years in prison for hacking two cryptocurrency exchanges, leading to over $12 million in theft and significant financial restitution and forfeiture. дальше »

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Cryptocurrency Users Beware: Etherscan Ads May Drain Your Wallet

Etherscan ads could be phishing scams designed to steal crypto. Experts expose a six-figure theft. Users are urged to take precautions. The post Cryptocurrency Users Beware: Etherscan Ads May Drain Your Wallet appeared first on BeInCrypto. дальше »

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Wormhole Airdrop Mishap: Exploiter Behind $323m Ethereum Theft Accidentally Included

In a bizarre turn of events, what was meant to be a routine airdrop by the cross-chain Wormhole protocol has spiralled into chaos with the unintended inclusion of an exploiter behind a million-dollar Ethereum theft from the protocol about two years ago. дальше »

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Crypto Mining Under Threat in Paraguay: Senators Propose Ban

Paraguayan senators push to ban crypto mining, citing massive energy theft and a lack of regulation. The post Crypto Mining Under Threat in Paraguay: Senators Propose Ban appeared first on BeInCrypto. дальше »

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Munchables to revamp developer hiring and contract audits following a close $63m theft

Days after losing and recovering roughly $62.5 million from a rogue in-house developer, nonfungible token (NFT) game Munchables has announced an approach to avoid repeating the event. On March 26, an Ethereum-based NFT game called Munchables was plundered of almost… дальше »

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Prisma Finance Hacked: $11 Million Gone in DeFi Breach

Prisma Finance faced a $10 million theft in a DeFi breach, leading to an immediate pause in operations. Security firm Cyvers highlighted the rapid execution of the attack, underlining significant vulnerabilities. дальше »

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AirDAO взломали на $1 млн

Управляемый сообществом блокчейн первого уровня AirDAO подвергся хакерской атаке, в результате которой потерял 126,5 ETH (~$450 000) и 41,61 млн AMB (~$512 000). The AirDAO team has identified a theft of 35. дальше »

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AirDAO сообщила о взломе платформы на $1 млн 

Управляемый сообществом блокчейн первого уровня AirDAO подвергся хакерской атаке, в результате которой потерял 126,5 ETH (~$450 000) и 41,61 млн AMB (~$512 000). The AirDAO team has identified a theft of 35. дальше »

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Zero Knowledge protocol Polyhedra Network valued at $1 billion despite recent token theft

Polyhedra Network, the zero-knowledge protocol zkBridge developer, became the latest crypto company to reach unicorn status after it raised $20 million in a funding round that valued it at $1 billion, according to a Mar. дальше »

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Over $2 million in Ethereum stolen in sophisticated phishing scheme

A recent phishing attack has left a crypto investor reeling from a loss of 501 ETH, valued at approximately $2 million, staked through liquid restaking protocol Ether. Fi. On-chain data reveals that the theft occurred earlier today and involved two transactions. дальше »

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What is Shamir backup? A shield against theft and loss

The official blog for Trezor, the world’s first hardware wallet. All you need to keep your digital assets safe. - Medium дальше »

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$9.5M stolen from Axie co-founder’s Ronin wallets; spotlight on rising AI altcoin

The crypto space is known for its whirlwind stories, and news of the recent crypto theft from Axie co-founder Ronin’s wallet has been making waves.   Amid this development, an AI Altcoin Borroe Finance has made impressive strides with its ongoing presale. дальше »

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Crypto criminals snatched $412m in February

Crypto criminals perpetrated nearly half a billion dollars in theft last month as security remains a pain point within the digital asset industry. дальше »

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New Crypto Heist Alert: Hacker Drains $5.6M From Data Storage Platform Wallet

Yesterday, the crypto community saw an attack on one of Serenity Shield’s Metamask wallets, resulting in the theft of over 7 million SERSH tokens. As a result, the token’s price significantly dropped, and the holders showed concern about the platform’s future. дальше »

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Bitfinex hacker turns government witness, explains tactics used in 2016 theft

In a recent trial in Washington, Ilya Lichtenstein disclosed how he carried out the monumental Bitcoin theft from the crypto exchange Bitfinex in 2016. дальше »

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MicroStrategy’s X account hacked, $440k drained from victims via fake MSTR airdrop

Hackers breached MicroStrategy’s X account, sharing a scam link that led to the theft of nearly $500k in crypto. MicroStrategy, the world’s largest corporate Bitcoin holder, fell victim to a cyberattack on its X account on Feb. 26, with hackers… дальше »

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