Some of the cryptocurrency had been recovered from various thefts and fraud schemes Arkham Intelligence recently reported a significant security breach involving a government-controlled cryptocurrency wallet, with a hacker seizing nearly $13 million. The wallet in question held assets the US government had previously recovered from the 2016 Bitfinex hack. In that hack, a staggering
Tag: hack
Alabama Man Arrested for Hacking the SEC’s X Account, Shilling BTC
Eric Council Jr faces up to five years in federal prison for his actions A 25-year-old man from Alabama, Eric Council Jr., was arrested for allegedly hacking into the US Securities and Exchange Commission’s (SEC) X account in January, where he falsely promoted Bitcoin. According to the US Department of Justice, Council used the compromised
Crypto Security Firm Sends Crypto Users Link to Crypto Wallet Draining App
The company was trying to help those who suffered from the Radiant Capital hack A crypto security firm, Ancilia, faced backlash after accidentally sharing a harmful link leading to a wallet-draining app. The incident occurred in the aftermath of a $52 million exploit on Radiant Capital, a lending protocol, yesterday. The hack left users scrambling
Blockchain-Based Inflation Data Platform Truflation Loses Over $2 Million in Hack
The crypto-based company is the latest to become a victim of cyberpirates Truflation, a blockchain-based platform focused on providing real-time inflation data, recently confirmed it was hit by a malware attack that resulted in the loss of over $2 million. The hack was identified after the team noticed unusual activity in the system, leading to
Hackers Take Over Decentraland X Account for Fake MANA Airdrop
The cyberthieves faked the airdrop and might still be collecting money Decentraland’s official X account has been hacked, leading to the circulation of a fraudulent MANA token airdrop. The incident was first reported by blockchain security firm PeckShield earlier today. The hackers have been sharing a phishing link disguised as an opportunity to claim free
DeFi Platform Delta Prime the Latest To Suffer Cyberattack, Loses $6 Million
The attacks on cryptocurrency platforms continue as systems neglect to heighten their security Delta Prime, a decentralized finance (DeFi) platform, has become the latest victim of a cyberattack, with the hackers making off with nearly $6 million in digital assets. The incident highlights the ongoing vulnerabilities in the cryptocurrency sector. The attack was first reported
North Korean hacker group Lazarus moves $35 million in stolen crypto
Lazarus Group is reportedly behind the $305-million hack of DMM Bitcoin A North Korean hacking group, Lazarus Group, is in the spotlight for allegedly laundering millions from a hacked Japanese cryptocurrency exchange. On-chain sleuth ZachXBT, tracking the stolen funds, believes Lazarus is behind the movement of over $35 million. 1/4 So far in July 2024
Bittensor goes dark following $8M cryptocurrency theft
The service is now operational after a prolonged shutdown Bittensor was compelled to halt its network operations on July 3 after experiencing a series of wallet breaches that resulted in the theft of at least $8 million in cryptocurrency assets. Ala Shaabana, co-founder of Bittensor, announced the network shutdown in a July 3 post on
CoinStats freezes crypto wallets following security breach
The platform has said only a small number of wallets were impacted by the attack CoinStats’ crypto portfolio manager platform was recently suspended temporarily after 1,590 wallets were affected by a security breach. “The attack has been mitigated, and we have temporarily shut down the application to isolate the security incident,” CoinStats stated in a
Gala Games loses $240M in crypto due to ‘rogue’ admin address
An internal security issue allegedly led to someone draining the funds The price of the Gala Games (GALA) token plunged on Monday after a hacker minted and swiped 5 billion tokens utilizing the Gala smart contract. The tokens were valued at about $240 million at the time of the incident, causing the price to fall 20% in under
Solana-based Telegram trading bot Solareum to shut down following hack
The hack compounded an already existing slowdown of activity on the platform Solana-based Telegram trading bot Solareum announced that it’s permanently suspending service after a recent security breach and citing insufficient funds. “It is with a profound sense of regret that we announce the closure of the Solareum project,” declared developers on the support channel
Former Munchables developer returns $62M in crypto he stole from the platform
The hacker may have realized he had been discovered and could face charges A Munchables hacker, also a former developer on the platform, had a change of heart eight hours after stealing $62.8 million worth of Ether. He returned the stolen funds without demanding a ransom. The Ethereum-based nonfungible token (NFT) game Munchables reported a