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crypto hack

Bitcoin ransomware defrauds over 250 companies for $42m

by Isaac Wright
Bitcoin ransomware defrauds over 250 companies for m

Federal Bureau of Investigation officials warn the public about the spread of Akira ransomware. According to an FBI statement, Akira Bitcoin (BTC) ransomware caused multi-million dollar losses to various companies and …

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Railgun refutes FBI claims of North Korean misuse, upholds privacy

by Isaac Wright
Railgun refutes FBI claims of North Korean misuse, upholds privacy

Privacy protocol Railgun denies claims of North Korean hackers or sanctioned individuals using the platform, despite earlier claims from the FBI.  The assertions were initially fueled by a January 2023 …

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Ex-Amazon engineer sentenced to 3 years in prison for $12m crypto hack

by Isaac Wright
Ex-Amazon engineer sentenced to 3 years in prison for m crypto hack

A former Amazon software engineer Shakeeb Ahmed was sentenced to three years in prison for exploiting smart contracts. The breaches in 2022 resulted in the theft of over $12 million …

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Fake NFT Project Hack? CTO Vanishes After Stealing 94 SOL

by Isaac Wright
Fake NFT Project Hack? CTO Vanishes After Stealing 94 SOL

A new rug pull alert sounded on Tuesday after crypto detective ZachXBT unveiled on-chain details of an alleged hack suffered by an NFT project last month. The project’s CTO announced …

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Crypto hacks comprise $7.7b in losses since 2016

by Isaac Wright
Crypto hacks comprise .7b in losses since 2016

Crypto hacks have cost the digital asset industry billions of dollars, with experts advising additional attention and resources toward security measures.  According to DefiLlama, all-time losses incurred from crypto hacks …

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Crypto industry losses to hacking decreased by 23% in Q1

by Isaac Wright
Crypto industry losses to hacking decreased by 23% in Q1

In the first quarter of the year, the crypto industry lost $336.3 million to hacking, 23.1% less than last year. According to the Immunefi report, in the first three months …

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Prisma Finance hacker demands apology after $11m breach

by Isaac Wright
Prisma Finance hacker demands apology after m breach

The white-hat hacker behind the Prisma Finance exploit requested a press conference, confirming their identities. This request came after the hacker was criticized for sending 1,840 ETH (approximately $6.5 million) …

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Stablecoin protocol Prisma Finance hacked for over $11m 

by Isaac Wright
Stablecoin protocol Prisma Finance hacked for over m 

Stablecoin protocol Prisma Finance experienced a significant cyberattack, resulting in a nearly $11.6 million loss.  The protocol’s operations have been temporarily halted for an ongoing investigation. This event marks the …

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Munchables developer with ties to DPRK steals, then return $62.5m from protocol

by Isaac Wright
Prisma Finance hacker demands apology after m breach

A Munchables team member allegedly tied to North Korea stole over $60 million in crypto from the project, but then suddenly returned all the stolen funds after being revealed. On …

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AirDAO suffers exploit, hackers transfer stolen funds to MEXC, KuCoin, ChangeNOW

by Isaac Wright
AirDAO suffers exploit, hackers transfer stolen funds to MEXC, KuCoin, ChangeNOW

A community-governed layer one blockchain AirDAO has reportedly suffered a hacker attack, resulting in a loss of 126.5 ETH and 41.61 million AMB tokens. The AirDAO team disclosed in an …

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