Former FSB officer stole 68 BTC from a hacker
Former FSB officer Maxim Zhizhkun received five years in prison for stealing 25 million rubles, including in cryptocurrency, from a hacker under investigation. At the time of the crime, Zhizhkun was an operative of the Syzran branch of the Samara Region' ...
Jor Lowe: “Prime Trust executives bought TerraUSD with clients’ money”
According to Lowe's, to avoid exposure, the company covered withdrawal requests with client assets. On Aug. 15, cryptocurrency custodial service Prime Trust, along with several affiliates, filed a for bankruptcy and creditor protection in the bankruptcy court for the District of Delawar ...
An unknown person stole 55,000 confiscated USDT from the U.S. Drug Enforcement Administration
The U.S. Drug Enforcement Administration mistakenly sent more than $55,000 worth of confiscated USDT Stablecoins to an attacker who spoofed a U.S. Marshals Service address. In May, the department (DEA) seized more than $500,000 in Tether-stablecoin ...
Whale Alert: “More than $150 million in bitcoins were withdrawn from the Binance exchange overnight”
Blockchain observer Whale Alert has recorded five large transactions to withdraw bitcoins from cryptocurrency exchange Binance -in one minute. According to the blockchain tracker, 5,729 BTC were withdrawn from the platform at one time, which in ter ...
Crypto platform Patricia converted customer funds into its own PTK tokens without authorization
Nigerian cryptocurrency platform Patricia has unilaterally converted users' outstanding funds into its own Patricia Token (PTK) stablecoin. The decision to convert the funds was made by the platform three months after a hacker attack in which Patri ...
China Mobile’s Proposal for Digital Identification in Meta-Universe Raises Privacy and Security Concerns
State-owned telecommunications company China Mobile has proposed to introduce digital identification for all meta-universe users for the sake of maintaining order and security in the virtual world. The digital ID of meta-universe users should include, China Mobile suggests, a range of data includ ...
Bitget Cryptocurrency Exchange Implements First-Level Verification for User Security
Cryptocurrency exchange Bitget has introduced forced first-level verification for users. The company announced this on its blog. Exchange officials say the measure is intended to "better protect the rights and interests of users, comply with regulatory requirements in the cryptocurrency sector an ...
North Korean Hackers Steal $180 Million in Cryptocurrency in 2023: Impact and UN Report
As reported by Asia Today, citing South Korean law enforcement agencies, North Korean hackers stole $180 million in cryptocurrency in the first half of 2023. According to the South Korean Intelligence Service (NIS), North Korea has illegally taken possession of more than $1.5 billion in virtual a ...
RocketSwap Decentralized Exchange Hacked: Loss of 471 ETH and Emergence of LoveRCKT Token
The decentralized exchange RocketSwap, created on the basis of the Base layer network, was hacked and lost 471 ETH. The hacker who hacked into the exchange created a meme token called LoveRCKT. Cybersecurity experts PeckShieldAlert reported that the attacker managed to ...
Cryptocurrency Fraud Trial: Allegations of $82.2 Million Filecoin Pyramid Scheme
China's Pingnan District People's Court has begun public hearings in the trial of five people accused of setting up a fraudulent scheme to mine the cryptocurrency Filecoin. Prosecutors accused defendant Lai Mouhang and his accomplices of creating a 600 million yuan (about ...