Crypto
The DAO, once hacked in 2016, returns to fund Ethereum security
After almost ten years, the decentralized autonomous organization The DAO, killed by a major hack in 2016, has been reborn as TheDAO Security Fund, designed to strengthen the security of the Ethereum (ETH) blockchain.
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Black U services emerge as a key tool in Chinese crypto money laundering
With Chinese criminals now dominating the crypto money laundering market, blockchain analysts have identified six types of laundering services.
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Bragging crypto criminal story turns into an investigation by US Marshals
The US Marshals Service (USMS) confirmed to Coindesk that investigations are underway into claims that the son of a Department of Defense and Department of Justice services provider, responsible for managing seized crypto, stole more than $40 million in these assets.
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Flexing on the internet gave up a suspected major crypto criminal
Flexing how rich you are is dangerous not only for honest people but for criminals as well. In another case, a suspected crypto criminal was caught after flexing about their wallet with tens of millions worth of cryptoassets.
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South Korean police admit losing seized bitcoin in phishing scam
Even law enforcement agencies that are expected to know how to protect themselves from crypto scammers can fall victim to such crimes, as a recent incident in South Korea has shown.
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Binance files for EU crypto license in Greece
The world’s largest cryptocurrency exchange has applied for a license in Greece to comply with the EU’s landmark Markets in Crypto-Assets regulation, also known as MiCA.
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Saga shuts down its network temporarily after $7M cyber theft
After a DeFi project suffered a $4 million exploit earlier this week, the team behind another blockchain project, Saga, has had to deal with a $7 million exploit today.
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Iran relied on stablecoins to bypass sanctions despite security risks
The Central Bank of Iran has tried to use stablecoins to circumvent sanctions and prop up the local market, ignoring multiple stories of frozen stablecoin accounts, including its own.
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Ethereum surge tied to address poisoning scams after Fusaka upgrade
While the Ethereum (ETH) blockchain camp celebrates a recent spike in transactions on the network, a researcher claims that this surge has been driven by address poisoning attacks that have already caused 116 victims more than $740,000 in losses.
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Phishing attack on hardware wallet leads to $282M crypto theft
Blockchain analysts continue to report traces of a theft of at least $282 million in crypto assets that occurred on January 10th, following an unfortunate social engineering attack.
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Warning: cybercriminals are using blockchain smart contracts to evade takedowns
A new sophisticated threat in the blockchain world has been uncovered, potentially becoming another blueprint for more decentralized cybercrime infrastructure and the latest ransomware playbook.
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Trust Wallet says browser extension compromise related to Sha1-Hulud incident led to $8.5m theft
Trust Wallet says that the $8.5 million hack in late December that affected 2,520 crypto wallets is likely linked to the Sha1-Hulud incident, which exposed Developer GitHub secrets.
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Former Coinbase support agent detained in India for helping hackers
A former Coinbase customer service agent has been arrested in India for helping attackers steal sensitive customer information from the crypto exchange’s database. The breach was disclosed earlier this year.
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Russian criminals suspected of being behind LastPass crypto thefts
Blockchain analysis has revealed that Russian cybercrime infrastructure has been repeatedly used to launder crypto assets stolen from password manager LastPass users, suggesting that Russia-based criminals may be behind the hacks.
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Binance-backed Trust Wallet hit by $7M hack, experts warn users
With the online-based Trust Wallet, backed by Binance, already initiating the compensation process following a $7 million hack over Christmas, security experts remind users that many would be safer with hardware wallets.
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Crypto security experts troll North Korean hackers with a Lazarus Group “consultancy”
North Korea state-sponsored criminals are not the only ones evolving their tactics against the cryptoassets industry. Alongside serious defense improvements, the industry has now developed a humorous response as well.
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Now you can lose your crypto by video gaming against criminals
Cybersecurity experts have discovered a new infostealer being distributed to video gamers, designed to steal crypto assets and harm victims in other ways.
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Address poisoning scam costs crypto user $50M
In less than two years, criminals have managed to steal crypto assets worth dozens of millions of USD in so-called address poisoning attacks, while victims fight to get their funds back.
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North Korea “industrializes” crypto thefts as losses hit billions
State-sponsored criminals from North Korea have stolen at least $1.4-2 billion of crypto assets this year alone, blockchain analysts claim, pointing to strengthening trends in how these threat actors operate.
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Tether launches new password manager after Cybernews investigation
Stablecoin giant Tether continues to diversify its businesses by launching a "first-of-its-kind" peer-to-peer password and identity manager, PearPass. This follows a groundbreaking investigation by Cybernews in June of this year.
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