FTX Drainer Hacker Suspected of Using SBF Trial as a Smokescreen to Hide Stolen Funds

The hacker responsible for stealing over $400 million from FTX and FTX US in November is suspected of using the trial of Sam Bankman-Fried (SBF), founder of FTX, as a smokescreen to obfuscate the stolen funds. The hacker, known as "FTX Drainer," has been moving millions in Ether obtained from the No ...

FTX Hackers Employ THORChain to Convert Stolen Ethereum into Bitcoin, Evading Detection

FTX hackers have taken a new approach, converting a substantial amount of stolen Ethereum (ETH) into Bitcoin (BTC) using THORChain, a decentralized platform. The hackers transferred 15,000 ETH, which is equivalent to approximately $24.75 million, in a strategic move to further obscure their activiti ...

Mixin Network Faces Largest Hack of 2023, Offers $20 Million Reward to Recover Stolen Funds

Coinbase International Exchange, holding a class F license from the Bermuda Monetary Authority (BMA), has announced that it has obtained additional regulatory approval to offer perpetual futures trading to non-US retail customers. Coinbase International had previously launched crypto derivatives ...

Allegations of Fraud and Stolen Funds Surround DeFi Project Fintoch

DeFi project Fintoch was accused of. that it may be a pyramid scheme, and its creators stole $31.6 million from users. This was reported by blockchain researcher @ZachXBT. Millions of users were withdrawn to BNB Chain (formerly Binance Smart Chain) via Tron and Ethereum n ...

NABU Launches CryptoEdge Training to Tackle Modern Corruption through Cryptocurrency Technology

NABU calls cryptocurrency technology a modern corruption Bureau organized training "CryptoEdge" It will last 9 months The National Anti-Corruption Bureau of Ukraine will begin to study the cryptocurrency sector. The agency believes that cryptocurrenci ...

White House Raises Concerns Over DPRK’s Cyberattacks and Cryptocurrency Theft

White House spokeswoman said Washington's concerns grow as DPRK develops new weapons The White House believes that cyberattacks and cryptocurrency theft remain a key source of revenue for the DPRK regime. The Defense Department said that at least half of the c ...

North Korean Hackers Steal $721 Million from Japanese Crypto-Firms in 5 Years

In 5 years, criminals stole $721 million from Japanese crypto-firms This is one-third of all stolen funds Hackers also frequently steal from other neighbors and the United States North Korean hackers are most successful at attacking Japanese crypto-as ...

Hackers Return $7.2 Million Stolen from Safemoon’s Decentralized Cryptocurrency Exchange

The decentralized cryptocurrency exchange Safemoon was the target of hackers who managed to steal $9 million worth of crypto assets from the protocol's liquidity pool at the end of March. However, the good news is that the attackers returned $7.2 million in two separate transactions in the early ...

South Korean Cryptocurrency Exchange Gdac Hacked, Loses $14 Million

Reports indicate that Gdac, a South Korean cryptocurrency exchange, was the target of a recent cyberattack. The hackers managed to withdraw around $14 million, which accounts for 23% of the total assets that the exchange holds. The stolen funds included 61 BTC, 350.5 ETH, 10 million Wemix toke ...

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 ...

Hacker returns $197 million worth of stolen cryptocurrencies to Euler Finance

The saga of the $197 million cryptocurrency theft from Euler Finance DeFi protocol has finally reached a conclusion, with the hacker returning all the stolen funds back to the company. Euler Finance has announced that following successful negotiations, the hacker has returned all the funds that w ...

Hacker Returns Stolen Funds from DeFi Protocol Euler Finance

The DeFi protocol Euler Finance has experienced an unexpected twist in the history of its hacker attack. The hacker responsible for the breach has issued an apology and promised to return all the stolen funds. In a message added to the transaction, the hacker wrote, "I screwed up. I didn't want t ...

General Bytes Announces Refund Plan for Victims of Crypto ATM Hack

General Bytes, a manufacturer of crypto ATMs, has recently announced that they are prepared to reimburse users who were affected by the recent security breach. This breach occurred when hackers were able to gain access to customers' hot wallets by downloading malicious Java applications onto cryp ...

Euler Finance in Negotiations with Hackers Over $197 Million Stolen Funds

Euler Finance, a DeFi lending platform that operates on the Ethereum blockchain, could be inching closer to retrieving the funds that were stolen during a hack, as negotiations with the hackers have reportedly commenced. Back in March, Euler Finance fell victim to a hack in which hackers were abl ...

Euler Labs requests return of stolen funds from hacker

Euler Labs, a DeFi protocol, has fallen victim to a recent hack, resulting in the loss of almost $200 million. In an attempt to recover some of the stolen funds, the developers of the protocol have made a bold move by approaching the hacker directly. The developers requested that 90% of the fu ...

MyAlgo Wallet Urges Users to Withdraw Funds After $9.2 Million Hack

The creators of the MyAlgo cryptocurrency wallet on the Algorand network have urged their users to withdraw all of their funds following a possible security breach. It was reported that hackers were able to steal assets worth a staggering $9.2 million, and despite efforts to identify and eliminat ...

Edge Wallet Urges Users to Upgrade After Hack Attack

Edge Wallet, a popular cryptocurrency wallet, recently experienced a security breach, leading its developers to urge users to upgrade to the latest version of Edge v.3.3.1 as soon as possible. The reason for the emergency update was the theft of 2,000 private cryptographic keys, which resulted in th ...