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Mango Markets exploiter behind alleged $116M theft will stand trial in December

The criminal case against the crypto user allegedly behind a multimillion-dollar exploit of decentralized exchange Mango Markets will be moving forward in the United States, with a trial scheduled for Dec. 4. According to court records filed on June 14, Judge Richard Berman of U.S. District Court for the Southern District

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Grand Theft Auto (GTA) 6 to Incorporate Play-to-Earn Model Featuring Crypto

Recent leaks suggest that the upcoming GTA 6 video game could adopt play-to-earn gaming mechanics that see gamers earn crypto in real life.  According to reports, Grand Theft Auto (GTA) 6 could adopt a play-to-earn gaming and business model. Yesterday, a tweet hinted at this development, as the successful gaming franchise is

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US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Bitcoin BTC Theft

“O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, conducting computer intrusions to take over social media accounts, and even cyberstalking two victims, including a minor victim,” the SDNY said in a statement. Original Source

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Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison

The United States Attorney’s Office for the Southern District of New York has announced the sentencing for an individual who pleaded guilty to wire fraud charges connected to “unlawfully obtained” Bitcoin from the Silk Road marketplace in 2012.In an April 14 announcement, the U.S. Justice Department said James Zhong was

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A third of US crypto holders have experienced theft: Report

Cybersecurity services provider Kaspersky has released a report on risks associated with cryptocurrency use. The report  titled "Crypto Threats 2023" focused on the United States and uncovered some surprisingly poor user security habits. Kaspersky surveyed 2,000 American adults in October 2022 and found that 24% of respondents overall owned cryptocurrency or

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Hedera confirms exploit on mainnet led to theft of service tokens

Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens.Hedera said the attacker targeted liquidity pool tokens on decentralized exchanges (DEXs) that derived its code from Uniswap v2 on Ethereum, which

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