Cyber Crime

$12M in Bitcoin Stolen from pNetwork DeFi Protocol
Cyber Crime

$12M in Bitcoin Stolen from pNetwork DeFi Protocol

A vulnerability in pNetwork allowed the thief to run away with the funds. The DeFi network is now begging the hacker to return the money.

Cream Finance Promise to Refund Stolen Funds in its $462M Protocol Exploit
Cyber Crime

Cream Finance Promise to Refund Stolen Funds in its $462M Protocol Exploit

Cream Finance has plans to refund victims of its latest network attack.

Australians Lost Over $70M to Scam Crypto Investments in H1 2021
Cyber Crime

Australians Lost Over $70M to Scam Crypto Investments in H1 2021

Australians continue to suffer from online scams. More than half of the $70 million in losses were to cryptocurrency, especially through Bitcoin, a study says.

Hong Kong Police Crackdowns Crypto Investment Scam, involving $11M HKD
Cyber Crime

Hong Kong Police Crackdowns Crypto Investment Scam, involving $11M HKD

Hong Kong police announced Friday the authority has dismantled a cryptocurrency investment scam involving as much as 60 million Hong Kong dollars. At least 19 people are under arrest.

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering
Cyber Crime

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering

Hong Kong Customs announced Thursday that the authority had dismantled a local cryptocurrency money-laundering syndicate involving HK$1.2 billion ($US 155 million). The operation is considered the first case for the same kind in the city.

$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing
Cyber Crime

$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing

The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing.

JBS Paid Hackers $11M Worth of Bitcoin to Set Free From Hacker Attack
Cyber Crime

JBS Paid Hackers $11M Worth of Bitcoin to Set Free From Hacker Attack

JBS's CEO Andre Nogueira revealed the company had paid hackers $11 million worth of Bitcoin ransom to set free. Nogueira insisted that is the right decision.

Hackers Demand Bitcoin Ransom in Exchange for Unlocking Maltese Instagram User Accounts
Cyber Crime

Hackers Demand Bitcoin Ransom in Exchange for Unlocking Maltese Instagram User Accounts

Instagram users from Malta were reportedly attacked by hackers. Criminals are requesting that users of the locked accounts pay in Bitcoin to regain access to their accounts.

Man Who Pays Hitman in Bitcoin to Kill His Wife Gets Traced Back to Coinbase Account
Cyber Crime

Man Who Pays Hitman in Bitcoin to Kill His Wife Gets Traced Back to Coinbase Account

A Tennessee man allegedly used Bitcoin to pay a hitman he found on a murder-for-hire website to kill his wife.

Teenage Bitcoin Scammer Behind 2020 Massive Twitter Hack Gets Sentenced to 3 Years in Prison
Cyber Crime

Teenage Bitcoin Scammer Behind 2020 Massive Twitter Hack Gets Sentenced to 3 Years in Prison

Graham Ivan Clark, a Florida teenager, will serve three years of probation after receiving a jail term of three years in prison.