Crypto Hack
South Korean Court Orders Defunct GDAC to Return $7.3M in WEMIX to Wemade CEO
A South Korean court ruled in favor of Wemade CEO Park Kwan-ho, ordering the now-defunct GDAC crypto exchange to return 7.8 million WEMIX tokens, worth $7.31 million. This ruling is...
WazirX’s Tarnished Reputation: A $230M Hack and a Botched Response
Pseudonymous crypto trader Mystery of Crypto has blasted WazirX’s response to the security breach that cost over $230 million in digital assets. The trader said that, unlike other exchanges that...
Germany Shuts Down 47 Illegal Crypto Exchanges, Seizes Millions
German authorities have stepped up enforcement against unauthorized crypto exchange providers in the nation. The Federal Criminal Police Office (BKA), along with the Frankfurt Public Prosecutor’s Office, shut down 47...
WazirX Hackers Are Still at It – Another $12M Vanishes into Tornado Cash
Hackers responsible for the massive WazirX exploit continue to move the stolen funds, the latest being 5,000 ETH (approximately $12 million) transferred through the privacy mixer Tornado Cash, according to...
WazirX Hackers on the Move Again: $23.3M in ETH Transferred in 24 Hours
Blockchain analytics firm SpotOnChain has flagged another significant movement of funds linked to the WazirX exchange hack. In the last 24 hours, the hackers transferred a total of 10,000 ETH,...
WazirX Hackers Transfer $12M in ETH, Laundering via Tornado Cash
Hackers responsible for the $230 million WazirX breach have transferred 5,000 ETH, worth roughly $12 million, to a new address, according to blockchain security firm Cyvers Alerts. The transfer follows...
August Sees Over $313M Lost to Crypto Hacks, Phishing Attacks Dominate
August 2024 proved to be a challenging month for the crypto industry, with more than $313 million lost to over ten separate hacks, according to a recent report by PeckShieldAlert....
Crypto Security Report: August Losses Down, but 2024 Total Surpasses $1.2 Billion
Seems the crypto market losses in 2024 are far from over. Over $1.2 billion has been stolen through various hacks and scams, according to the latest report by web3 security...
WazirX Confirms $230 Million Hack, Dispels Misinformation on Timeline
Confusion and misinformation initially surrounded the WazirX hack, but it is now confirmed that hackers stole over $230 million from the cryptocurrency exchange on July 18th by compromising the platform’s...
dYdX Retrieves Website From Hackers, Restores Users’ Confidence as Token Recovers
The dYdX decentralized exchange has recovered from a hack on its version 3.0 platform after information filtered about the team’s plan to sell it to intending buyers. The team warned...
Hong Kong Authorities Nab Kidnappers Demanding Ransom in Crypto
Hong Kong authorities are reportedly gaining experience in handling crimes involving cryptocurrencies. According to a recent report, authorities in Hong Kong thwarted a kidnapping attempt where the kidnappers demanded a...
Cardano Network Thwarts DDoS Attack Targeting Staked ADA
Cardano successfully defended against a Distributed Denial of Service (DDoS) attack that targeted staked ADA tokens on Tuesday. Despite the attack, the network remained fully operational. The DDoS attack aimed...
Bitcoin Layer-Two Bridge Exploit: ALEX Lab Details Laundering Scheme
ALEX Lab, a Bitcoin layer-two (L2) network bridge, has issued an update on the recent hack that resulted in the theft of millions of dollars in cryptocurrency, detailing the perpetrator’s...
Scam Alert: Binance Co-Founder Targeted in Twitter Impersonation Scheme
Binance co-founder Yi He has issued a disclaimer against an impersonator using her identity to scam unsuspecting users on the social media platform X. Yi He denied having issued any...
ZachXBT Exposes $2M Memecoin Heist, Targets ANDY Holders
Blockchain sleuth ZachXBT uncovered a crypto theft targeting roughly $2 million worth of memecoins. In a post, the investigator revealed the thief exchanged half the stolen assets for Ethereum (ETH)...
Hackers Target Velocore DEX, Stealing $10 Million, Linea Blockchain Briefly Pauses
Prominent Chinese crypto journalist Colin Wu alerted the crypto community to a suspected exploit on Linea Blockchain, a Layer 2 scaling solution for Ethereum. In a recent post on X,...
Velocore Exploitation Results in a Loss of $10 Million: Investigation Initiated
Velocore has been reportedly hacked, resulting in a loss of about $10 million. The platform has initiated an investigation into the exploitation and froze stolen funds. However, the hacker managed...
Poloniex Hack: $53.5 Million in ETH Laundered via Tornado Cash
About 17.8K ($53.5 million) ETH associated with the November 2023 Poloniex hack has been traced to Tornado Cash, a decentralized cryptocurrency tumbler. PeckShieldAlert disclosed this development via an X post:...
Four Devs Linked To Munchable Exploit Are The Same Individual – ZachXBT
ZachXBT, a famous crypto personality known for on-chain investigations, believes four devs linked to the recent Munchables exploit are the same person. In a recent post on X, the 2D...
$8,100 Stolen as Trezor’s Twitter Account Hacked to Push Fraud Presale
The X/Twitter account of Trezor, a major crypto hardware wallet solution provider, has recently been compromised by bad actors promoting fraudulent presales. Prominent crypto surveillance entities, including ZachXBT, have called...
$47 Million Lost to Phishing Scams in February: Crypto Sleuth
According to crypto sleuth Scam Sniffer’s February Phishing Report, the month saw a loss of about $47 million through phishing. While over 57,000 individuals were victimized, Scam Sniffer revealed that...
$10M Lost in Wallet Hack; Founders Assure the Security of the Chain
Jeffrey Zirlin, co-founder of Sky Mavis, the firm behind the Axie Infinity game, confirmed that two of his personal wallets were compromised in a hacking incident on Friday. However, Zirlin...
More $6.2M Drained from 22 LastPass Hack Victims: Details
Users of the password manager LastPass continue to bear the consequences of their earlier reliance on the service. Recently, renowned crypto investigator ZachXBT disclosed that a new round of crypto...
BFT Attacks on Bitcoin and Ethereum No Longer Economically Feasible: Research
According to recent research, it has become economically unfeasible to carry out a Byzantine Fault Tolerance (BFT) attack on Bitcoin and Ethereum. Hence, anyone attempting to take over control of...
Stolen Funds in Crypto Theft Plummets 54.3% to $1.7B in 2023
According to the latest Chainalysis report, the funds stolen over the last year in crypto crimes show a substantial decrease despite a surge in crimes. Reportedly, 2023 saw a loss...
