Individual Linked to Cryptocurrency Money Laundering Operation Selling Stolen Tokens at Discounted Rates

Blockchain analysis experts have uncovered an individual allegedly linked to a cryptocurrency money laundering operation selling stolen tokens from recent high-profile exchange hacks at discounted rates. These investigations led to an individual who is reportedly selling stolen cryptocurrency tokens ...

Alleged Price Manipulation and Backdoor Exposed by White Hacker at El Dorado Exchange

A user nicknamed Res, who described himself as a white hacker, claimed to have uncovered a trick by the El Dorado Exchange project team to eliminate any position. The hacker said on Twitter that he discovered the backdoor and managed to withdraw about $580,000 worth of as ...

Cryptocurrency Theft Declines in Q1 2023, but Hacking Incidents Persist

The volume of cryptocurrencies stolen in the first quarter of 2023 fell 65% from the same period in 2022, according to analyst firm TRM Labs. However, the number of break-ins has hardly decreased. 2022 was the biggest year in terms of stolen cryptocurrencies - hackers man ...

Tornado Cash Hacked: Attacker Seizes Control with Malicious Offer

A hacker seized control of Tornado Cash with a malicious offer He received 1.2 million votes Binance temporarily stops accepting TORN deposits On the evening of May 20, a hacker attacked the Tornado Cash mixer. He was able to gain full control of t ...

UK Citizen Pleads Guilty to Hacking Celebrity Accounts for Bitcoin Fraud

U.K. citizen pleaded guilty to large-scale hacking of celebrity accounts in social networks for bitcoin fraud. Joseph James O'Connor is recognized as one of the hackers who hacked the Twitter accounts of several celebrities in 2020 including American star Kim Kardashian, ...

Cryptoblogger exposes flaws in KYC procedures at Gate.io exchange

Cryptoblogger decided to check the KYC ("Know Your Customer") procedure on the Gate.io exchange and registered under the name Kim Jong-un. It took him only a few minutes to verify his identity. A blogger named ZachXBT decided to check how ...

CertiK Reports Over $103 Million in Cryptocurrency Stolen in April

CertiK, a cybersecurity and auditing firm, says more than $103 million was stolen from cryptocurrency projects during April as a result of hacking attacks. CertiK specialists tweeted a report on exploits, fraud and hacks on cryptocurrency platforms. Since the beginning of ...

Hackers Target Hundred Finance’s Multi-Chain Lending Protocol, Resulting in $7 Million Loss

Over the weekend, Hundred Finance's multi-chain lending protocol was targeted by hackers, resulting in a loss of $7 million. The PeckShield analytics platform reported that the attacker used a technique where they donated 200 WBTC to manipulate hWBTC's rate and subsequently drained the lending po ...

Kaspersky Lab warns of a surge in cryptocurrency phishing attacks in Azerbaijan

Kaspersky Lab experts have raised concerns about the growing prevalence of cryptocurrency phishing scams in Azerbaijan. According to recent reports, the number of such attacks has increased threefold over the past year. Hackers and scammers have seemingly shifted their focus from traditional a ...

DeFi Project Terraport Finance Hacked, Losing $4 Million Worth of Tokens

A DeFi project called Terraport Finance was recently targeted by hackers, resulting in the theft of 9.5 million TERRA, 15 billion LUNC, and 5.5 million USTC tokens, totaling $4 million. The team behind Terraport Finance took to Twitter to inform its community of the breach and that they are activ ...

Sentiment DeFi Protocol Recovers 90% of Stolen Funds After Hack

The Sentiment DeFi liquidity protocol team has recently made a public announcement regarding a significant hacking incident that took place on their platform. According to the team, the perpetrator of the cyberattack was able to successfully steal over $500,000 worth of digital assets. However ...

Huobi and Gala Games Sue pNetwork Validators Over pGALA Token Issuance

Huobi, a cryptocurrency exchange, and Gala Games, a Web3 gaming platform, are taking legal action against pNetwork validators, alleging that they collaborated with hackers and unlawfully issued pGALA tokens. The two companies are said to have enlisted the help of legal teams to initiate legal pro ...

US Government to Sell Confiscated Silk Road Bitcoin Amid Global Banking Crisis

The United States government has announced its plan to auction off more than 51,000 BTC, which were seized during the Silk Road case, in the midst of a global banking crisis. On March 14th, court documents revealed that the US government had already sold 9,861 BTC, valued at over $215 million. Th ...

Hackers Return Most of Stolen Assets from Euler Finance’s $197 Million Hack

The group responsible for the hack of DeFi lending platform Euler Finance and the theft of $197 million has reportedly recovered most of the stolen assets. As of March 25, the hackers had returned 51,000 ETH, which is equivalent to about $88 million, and another transfer was made on the same day ...

Lazarus Group Attacks Euler Finance’s Crypto Hackers in North Korea-Linked Cybersecurity Incident

The Lazarus Group, a notorious hacking group believed to be associated with North Korea, has targeted the hackers who recently stole almost $200 million worth of cryptocurrency from Euler Finance, a DeFi lending platform built on the Ethereum blockchain. According to Coindesk's sources, Lazarus h ...

FBI Reports Alarming Rise in Crypto Fraud Cases, Totaling $2.57 Billion in 2022

According to the FBI Internet Crime Report 2022, cryptocurrency fraud cases have seen a significant increase of 183% from the previous year, reaching a total of $2.57 billion. This is a sharp rise from the $907 million reported in 2021. The data was collected from the Internet Crime Complaints Ce ...

Euler Finance DeFi Protocol Hacked, User Receives Additional Coins from Hacker

One Euler Finance user has a fascinating story to tell following the recent hack of the DeFi protocol. After losing all of his life savings, the user sent a message to the hacker to express his frustration. To his surprise, the hacker returned his funds. According to the user's transaction rec ...

French Police Arrest Two Suspects Connected to Platypus Protocol Hack

French law enforcement officials have reported the apprehension of two suspects in relation to the Platypus protocol hack. The detainees were found in possession of approximately 210,000 euros worth of crypto assets. It is believed that the hackers siphoned off approximately 9 million euros from ...