Bybit Hackers Have Strong Links to North Korea, Say Investigators
Blockchain analytics firm Elliptic revealed that the Bybit hack is linked to North Korean hackers who laundered the money using over 11,000 wallets.
Stay secure in the digital age. This section covers crypto hacks, wallet vulnerabilities, exchange breaches, and blockchain security upgrades. Learn how to protect your assets and understand the threats facing Web3 and DeFi platforms.
Blockchain analytics firm Elliptic revealed that the Bybit hack is linked to North Korean hackers who laundered the money using over 11,000 wallets.
Hackers breached the platform’s system, stealing USDC stablecoins before swiftly converting them into Ethereum and transferring them to a new wallet.
A session key hack has seen more than $400,000 stolen from Cardex Wallet, hosted on Abstract
Blockaid has raised $50 million in a Series B round led by Ribbit Capital to enhance its cybersecurity efforts.
Melbourne authorities have arrested four suspects in connection with a series of crypto ATM thefts and collector card store robberies, recovering stolen goods worth thousands of dollars and multiple firearms.
Scammers used a hacked Saudi Law Conference account to launch a fake KSA token, misleading investors into believing it was legitimate.
zkLend joins a growing list of decentralized finance (DeFi) protocols that have come under attack in recent times.
Web3 security breaches in January caused $98.19M in losses, with major hacks, phishing scams, and account compromises affecting multiple platforms.
Phishing losses dropped in January, but malware attacks surged, with social engineering scams targeting Coinbase and crypto wallets.
The exchange insists its cold wallets remain safe, but the full extent of the breach is still unknown.
This recent exploitation of UniLend Finance demonstrates that the DeFi sector has become a prime target for bad actors.
The publicization of the OpenSea data leak is a reminder of the broader challenges the cryptocurrency sector faces regarding data security.
XRP lawyer John Deaton raises alarm about increasingly sophisticated crypto scams targeting both novice and experienced investors, emphasizing the importance of vigilance during bullish market conditions.
Crypto scams and cyber threats, particularly pig butchering and access control breaches, resulted in losses of $3.6 billion in 2024.
French financial regulators reveal alarming crypto fraud statistics, with victims losing an average of €29,000 as scammers deploy AI-enhanced deception tactics.