hacking
Senior Worker at Bithumb Triggered Hacking Vulnerability
A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.
Hacking Ransomware Group REvil Threatens to Strike Again
Previously known to be the company that has hacked big-name Grubman Shire Meiselas & Sacks, REvil threatens to keep up with their devious activities. This time, the new scheme that they plan to carry out entails big-name celebrities, such as rap star Nicki Minaj, and NBA superstar Lebron James. They also extended their cyber-attacks to include Mariah Carey.
Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach
Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.
YouTube and Ripple Intertwined In Lawsuit Battle For XRP Scam Videos
Blockchain company Ripple and CEO of the currency exchange network Brad Garlinghouse is suing YouTube for allegedly playing a part in the repeated Ripple (XRP) crypto giveaway scams that have been circulating on the video content platform.
Finland Tracks Monero in High-Profile Cybercrime Cas
Finnish authorities traced Monero transactions in the Julius Aleksanteri Kivimäki trial, highlighting challenges in tracking privacy-focused digital currencies, a significant development in cryptocurrency-related cybercrime investigations.
Crypto Scam Revenue Has Dropped by 65% in 2022: Chainalysis
Illicit crypto volumes have been diminishing year-over-year, with scams taking the lion’s drop share, according to a report by blockchain analytic firm Chainalysis.
Decline in Crypto Crime: Insights into 2024 Trends and Challenges
2024 sees a notable decline in crypto crimes, with hacking and scamming activities reduced. However, ransomware and darknet markets show resurgence, emphasizing the need for enhanced security and regulatory measures in the crypto industry.
185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023
SlowMist, a renowned blockchain security firm, has recently published its mid-2023 report on Blockchain Security and Anti-Money Laundering (AML). The report offers a comprehensive overview of the current global landscape of blockchain security and AML developments.
Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.
Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion
The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.
South Korea Authorities Investigate Crypto Hacking and Illicit Trading on Exchanges
South Korea authorities are investigating cryptocurrencies hacking and illicit trading, focusing on cracking down on such practices, raising concerns about potential consequences for those involved.
SEC: X Account Compromised Through Phone Number Control in SIM Swap Hack
The recent unauthorized access to the U.S. Securities and Exchange Commission's (SEC) X account, which led to a fake Bitcoin ETF announcement, has raised significant concerns about cybersecurity in financial regulatory bodies.T
Microsoft Takes Down COVID-19 Cyber Criminals to Eliminate "Business Email Compromise" Attacks
Scammers have been taking advantage of COVID-19 and the worldwide economic crisis revolving around it to retrieve personal information and phish data from Microsoft users.
MIT Cybersecurity Experts Warn Against Use of Blockchain Voting Systems
MIT Cybersecurity experts have said that blockchain-based mobile voting systems are vulnerable to serious failures.
US National Lab Computer Scientists Deploy Artificial Intelligence (AI) to Thwart Illegal Crypto Mining
Los Alamos National Laboratory has created an artificial intelligence (AI) system capable of identifying malicious codes that mine cryptos such as Bitcoin.
How Blockchain Can Mitigate Electoral Malpractices
For elections to be credible, they ought to be free and fair. Nevertheless, the voting process may be marred with malpractices, and this hinders transparency. Blockchain is being touted to avert electoral malpractices and voter fraud based on the distributed ledger technology (DLT) presented.
Exploitation in the NFT World is Real But Are They Preventable?
Blockchain.News recently spoke to three industry leaders to explore NFT-linked security weaknesses and solutions. Experts suggest investors should always do their own due diligence before injecting funds into any project, no matter the hype.
Twitter Massive Hack Attack Traced Back to Crypto Wallet Using BitPay and Coinbase
In the massive Bitcoin scheme that happened earlier this week, reputed coin exchanges such as Binance, Gemini, and Coinbase were targeted by crypto scammers, and officials have been hard at work investigating the digital trail that may lead back to the crypto scammers.
Teenage Twitter Hacker Could Use Bitcoin to Post $725,000 Bail
The mastermind behind Twitter’s recent massive hack attack has finally been arrested after a nationwide investigation by the FBI, and bail for him has been set at $725,000.
Bitcoin Twitter Hack Investigation Reveals Second Teen Mastermind
US authorities revealed that there may have been another hacker that played a prominent role in the Bitcoin hack that overtook Twitter on July 15.
TRON Founder Justin Sun Offers Bounty Reward for Twitter Bitcoin Scammers
As distressed Twitter users scrambled to get a sense of the recent Bitcoin attack that happened earlier this week, TRON founder Justin Sun spoke up and offered a $1 million bounty reward for whoever was able to uncover the identities of those behind the Twitter mass hack.
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.
Spike in COVID-19 Cybercrime Is Stimulating Mass Adoption of Blockchain in Asia
With COVID-19 forcing businesses to adopt digital means of transacting, there is a spike in blockchain adoption, Bitcoin price surge, rise in Bitcoin scams.
Mango Markets Proposes to Refund Victims after $114m Hack
Mango Markets proposes a refund plan to victims after the hacking incident. The company said one of the repayment strategies is to cut down the difference between the tokens users had before the exploit and the tokens they will receive.
US Sanctions Crypto Addresses of Russian Hackers Accused of Running Presidential Election Interference
The US has released a sanctions list of Russians and their crypto addresses, under allegations that they have been interfering with the presidential election.
Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin
Bitcoin and Ethereum prices have been reported to be unaffected by the security breach that impacted coin exchange KuCoin and that resulted in a loss of $150M.
KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow
KuCoin, a Singapore-based crypto exchange, has disclosed the suspicious withdrawal of large amounts of Bitcoin, ERC-20, and Ether.
Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million
Binance has been taken to court by Fisco, a Japanese crypto exchange, for allegedly facilitating the liquidation of at least $9 million in crypto after the latter was hacked in 2018.
Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker
A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.
Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group
Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.
FBI Arrests 2 Hackers for Ransomware and “Crypto-Jacking” Scams, 5 Chinese Suspects Still at Large
The DoJ and the FBI seized two criminals connected to a cybercrime targeting over 100 companies in the US and abroad with ransomware, crypto jacking and more.
Beanstalk Stablecoin Protocol Suffers $80M Loss in Hacking
An emerging Ethereum stablecoin protocol, Beanstalk has come off as the latest blockchain startup that suffered a breach from hackers with a massive loss of $80 million moved from the protocol.
Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours
A Bitcoin ransomware attack was directed towards Argentina’s immigration agency, halting border crossing temporarily.
At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More
BitMart experienced a large-scale security breach in which hackers were able to withdraw assets valued at up to approximately $150m, according to the cryptocurrency trading platform's CEO.
US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”
The US Treasury Department has been on the receiving line of a huge security breach that saw their internal servers targeted.
British Army Recovers Twitter & YouTube Accounts following Crypto Scam Hack
The British Army recovered from crypto scams after hackers breached its YouTube and Twitter accounts on July 3.
Jack Daniel’s Parent Company Brown-Forman Targeted for Ransomware by Notorious REvil
Brown-Forman, Jack Daniel’s parent company and a giant powerhouse in the alcoholic industry, recently suffered a ransomware data breach originating from REvil.
Ransomware Hackers Hunt for Bitcoin by Targeting Call of Duty: Warzone
Ransomware hackers have raided Call of Duty: Warzone player accounts and demanded Bitcoin payments in exchange for releasing the retained data.
Hackers Hungry for Bitcoin and Ether Target Indian Prime Minister Narendra Modi
Bitcoin and cryptocurrency hackers seized the social media account of India Prime Minister Narendra Modi today, in an effort to secure Bitcoin and Ether funds.
Brazilian Crypto Lender BlueBenx Halts Withdrawals after Suffering Hack of $32M
Brazilian crypto lending platform BlueBenx is under scrutiny after it halted its users' withdrawals due to a hacking of $32 million.
Transit Finance Convinces Hacker to Return $2m to Protocol
Transit Finance protocol has announced there is an agreement to return at least $10,000 BNB tokens gradually after conversations with the biggest hacker.
Hacker Turns Hero? All Stolen Funds from the Poly Network Have now Returned
The Poly Network is set to start a new journey as its protocol exploiter has now returned all of the stolen funds
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.
US Seizes $500K in Crypto Paid as Ransom to North Korean Hackers
The U.S. Justice Department has revealed seizing crypto funds worth $500,000 used to pay ransom to North Korean hackers after the FBI filed a sealed seizure warrant in May.
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.
Hacker Steals $950,000 from Crypto Vanity Address as Exploits Continue
$950,000 in worth of cryptocurrencies are stolen afresh from vanity Ethereum wallets. Anyone using the Profanity tool to generate their addresses is at risk
Hacker Steals $1.1m Worth Crypto from Music Streaming Protocol Audius
Audius decentralised music streaming protocol in a tweet acknowledged the hacking incident. It said $6 million worth of AUDIO tokens were stolen. At least $1.1 million worth of the coins were sold.
Hackers Return $260M amid the Cyberattack against Poly Network
The hacker of the Poly Network has returned as much as $260 million out of the stolen funds.
$8.4m Exploit Breached from DeFi Lending Protocol Moola Markets
Another exploit hits the crypto industry with roughly $8.4 million stolen from Moola Markets. The platform has advised users not to trade mtokens during the investigation of hacking.
Twitter Says Bitcoin Hack Originated From Phone Phishing Attack
On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.
DeFi Platform DFX Finance Says it Has Been Hacked for $7.5M
The stablecoin platform DFX Finance is the latest victim of a $7.5 million hack
400 Crypto.com Accounts Hacked, CEO Confirms Reimbursement for all Victims
According to a Bloomberg interview, Kris Marszalek, CEO of Crypto wallet provider and trading platform Crypto.com, said he would be more than willing to share information about Tuesday's hack if the regulator has any relevant inquiries.
KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down
The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).
Ransomware Attack Directed Towards University of California Generated 118 Bitcoin
The University of California, San Francisco’s plans to further COVID-19 vaccine research were disrupted by a ransomware attack on the school’s servers.
T-Mobile Hacker Leaks Clients' Data to Sale for 6 BTC
The hacker who breached T-Mobile's system intends to sell the data in underground marketplace for 6 BTC
FTX Users Lose Millions due to API Exploit
A new method of stealing crypto funds has rendered massive losses for FTX users.
Darknet Marketplace Empire Alleged to Have Exit Scammed with $30 Million Worth of Bitcoin
Darknet digital marketplace Empire Market appears to have exit scammed and made off with a hefty profit of 2,638 Bitcoin (BTC).
Nomad Lost Nearly $190m TVL in "Decentralized Robbery"
Cross-chain token bridge Nomad was breached on Monday, which resulted in a loss of cryptocurrency worth almost $200 million in terms of Total Value Locked (TVL).
Bitcoin.org Hacked, Showing Sign of "Double Return Bitcoin" in Gift Scam
Bitcoin.org, an open-source and peer-to-peer platform focused on bitcoin development, was hacked this Thursday morning by showing bitcoin's giveaway activities.
Hacker Steals $265,000 in User Funds from KyberSwap
KyberSwap announced that $265,000 in user funds were stolen after a hacker exploited the multichain DEX aggregator's front end.
PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens
PAID token crashed by over 75% instantly after the popular PAID Network DeFi protocol experienced a massive hack.
BAYC says Discord Server was "Compromised"
Bored Ape Yacht Club (BAYC) announced through Twitter that its Discord server was hacked.
Is China Hacking Australia? Cryptojacking Cyberattacks Hit Hard Down Under
The Australian Cyber Security Center has published a report highlighting vulnerabilities that are being exploited by hackers using cryptojacking malware.
Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack
Pickle Finance becomes the latest DeFi Protocol to suffer from hacking, losing almost $20 million in DAI stablecoin.
Hackers Demand $1 Million in Bitcoin Ransom After Hacking Computer Systems of Insurance Firm
Israeli’s largest insurance company fell victim to hackers this week and must pay huge amounts of funds in cryptocurrency to regain access to its data.
Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View
The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.
Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks
UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims while demanding a Bitcoin ransom.
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.
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.
US Senator Demands Answers from Twitter Over Massive Bitcoin Hack Incident
US senator Josh Hawley has urged Twitter to cooperate with fed agencies and take necessary measures to secure the social media site before the cyber hacking accounts of celebrities, politicians, technology moguls, and major firms in an apparent Bitcoin scam expands further.
Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach
Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.
Two Massachusetts Men Arrested And Charged To US Court For Supposed Social Media Frauds And Crypto Theft
Two Massachusetts men had been arrested and charged to court on account of stealing victims' social media accounts and cryptocurrency through swapping their sims, hacking their computers, and other nameless techniques.