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Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist
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Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist

Australia recorded one of its first cases of cryptocurrency theft recently.

DeFi Platform Raft Compromised, Loses $3.3 Million in Ether
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DeFi Platform Raft Compromised, Loses $3.3 Million in Ether

Raft DeFi platform hacked, loses $3.3M in ETH. Attacker burns most stolen ETH, faces net loss.

Hacker moves stolen funds after bounty launch
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Hacker moves stolen funds after bounty launch

The hacker who stole $196 million from Euler Finance has transferred $1.65 million through Tornado Cash, after a $1 million bounty was launched. Victims pleaded for return of funds, but the hacker's move to a crypto mixer suggests they may not be swayed. On-chain data shows the stolen funds consisted of DAI, USDC, staked ETH and WBTC.

TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft
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TOR Network Vulnerability May Have Facilitated Dark Web Bitcoin Theft

According to a cybersecurity researcher, Bitcoin thieves and hackers have controlled more exit relays on the Tor network this year than in the past five, raising serious cybersecurity concerns that experts are looking to fix.

Radiant Capital Suffers $4.5M Flash Loan Attack
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Radiant Capital Suffers $4.5M Flash Loan Attack

Radiant Capital was hit by a $4.5M flash loan attack due to a known codebase rounding issue, leading to a temporary pause in their Arbitrum market operations.

Over 50% Crypto Investors Backup Security Keys by Paper Wallets, Threatening its Vulnerability
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Over 50% Crypto Investors Backup Security Keys by Paper Wallets, Threatening its Vulnerability

New research by Unstoppable Domains, Efani, and NGRAVE found that more than half of crypto investors at 54% store their security keys on a paper wallet amid intensified cyber attacks.

Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting
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Lazarus Group Hacks for Crypto via LinkedIn Blockchain Job Posting

A hacking operation that is allegedly backed by North Korea has been reported to be targeting blockchain and cryptocurrency employees through LinkedIn.

Ransomware Attacks Target English Football League, Data Withheld for $3.8 Million Bitcoin
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Ransomware Attacks Target English Football League, Data Withheld for $3.8 Million Bitcoin

UK government report reveals cybercriminals are targeting English Football Clubs with ransomware attacks.

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation
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US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.

Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty
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Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty

With Ethereum's plans to launch its 2.0 protocol network, the open-source platform has also decided to tweak its blockchain project to perfection by calling all hackers and challenging them to break into two Ethereum 2.0 attack networks.

Cryptocurrency Phishing Attacks Rise by 40% Year-on-Year in 2022
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Cryptocurrency Phishing Attacks Rise by 40% Year-on-Year in 2022

Kaspersky, a Russian cybersecurity and anti-virus provider, has reported a 40% year-on-year increase in cryptocurrency phishing attacks in 2022. The attacks involve reaching out to investors through fake websites and communication channels that mimic official companies, prompting users to share personal information such as private keys. Attackers are evolving their strategies to lure unwary crypto investors. Recently, hardware cryptocurrency wallet provider Trezor warned against attempts to steal users' crypto through fake Trezor sites. In a survey, one out of seven respondents admitted to being affected by cryptocurrency phishing.

Platypus Recovers 90% of Stolen Funds from Recent Exploit
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Platypus Recovers 90% of Stolen Funds from Recent Exploit

Platypus DeFi protocol has recovered 90% of the funds stolen in the recent 12 October 2023 exploit, reducing the net loss to about 18,000 AVAX. The protocol acknowledged the community's support in swiftly resolving the crisis and is making arrangements for the withdrawal of liquidity providers. Amidst ongoing investigations and enhanced security measures, Platypus continues to work on a compensation plan for affected users from previous attacks.

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