Cryptocurrency Analysis and News Portal
A Bitcoin user assumed ownership of hacked funds involved in a record-breaking transaction where miner AntPool received over 83 BTC in fees. An unknown X user claimed to be the victim of a hack connected to the largest Bitcoin (BTC) fee paid for a single transaction to date. On Nov. 24,
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In Q3 2023, the crypto industry lost $889.3 million to hacks, scams, and rug pulls, more than cumulative losses in H1. Beosin experts say that $540.16 million were lost in 43 cyber attacks; $282.96 million and $66.15 million were lost in 81 rug pulls and phishing scams. In total, 29 attacks targeted decentralized
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As the digital currency world expands, so does its dark side, with billions of dollars falling into the hands of hackers, scammers, and even trusted founders. The crypto industry, known for its lack of clear regulation and wild price swings, once seemed rife with potential scammers looking to steal from the
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In a Sep. 6 press release, the Federal Bureau of Investigation (FBI) said North Korea-backed hacker group Lazarus was behind the attack on crypto casino, Stake. Stake reported unauthorized transactions from some of its hot wallets on Sep. 4. Withdrawals and deposits were halted then later resumed, but not before hackers
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The Lazarus Group, also known as APT38, has been linked to hundreds of millions of dollars in stolen crypto with attacks on companies, exchanges, DeFi protocols and bridges. It’s a massive operation that U.S. authorities and even the United Nations claim funds North Korea’s nuclear weapons program. Source
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Malicious actors targeting the crypto space have taken more than $45 million in digital assets from their victims in the month of August alone and a total of $997 million year-to-date (YTD), according to a report shared by the blockchain security firm CertiK.In the report, CertiK highlighted that exit scams
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A 26-year-old crypto thief who stole cryptocurrencies using the SIM-swap attack has been ordered to prison for three years. The Pennsylvania-based attacker, Anthony Faulk, used the SIM-swap technique to steal $20 million worth of crypto assets.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A prominent crypto investigator ZachXBT has revealed that a Canadian hacker known as Soup (Dan) is the brain behind several high-profile phishing scams. The scams allegedly include Orbiter Finance’s Discord server security breach earlier this year
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto ransomware attacks rose in the first half of 2023. However, scammers earned 77% less revenue compared to the same period in 2022, according to the Crypto Crime Mid-Year report by Chainalysis Crypto ransomware attacks surged in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency detective ZachXBT detailed alleged cryptocurrency fraud activities conducted by a popular YouTube personality, known as Blue or Jack, potentially amounting to over $1.5 million in stolen funds. Cryptocurrency investigator ZachXBT has published evidence alleging a YouTube
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