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crypto hack

North Korea gets 50% of foreign earnings due to weak security measures in crypto industry, UN says

by Isaac Wright
North Korea gets 50% of foreign earnings due to weak security measures in crypto industry, UN says

A recent United Nations report highlights North Korea’s significant role in cyberattacks, particularly targeting crypto firms amid sanctions enforcement and nuclear concerns. The United Nations Security Council has released a …

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Is Lazarus Group the biggest threat to crypto in this bull market? 

by Isaac Wright
Is Lazarus Group the biggest threat to crypto in this bull market? 

Web3 security experts consider North Korea’s Lazarus Group the most prominent and sophisticated threat to the crypto industry in 2024.  Earlier this week, the infamous Lazarus Group reportedly funneled $12 …

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Ransomware gang BlackCat exit scams affiliates with millions in Bitcoin after attacking medical IT firm

by Isaac Wright
Ransomware gang BlackCat exit scams affiliates with millions in Bitcoin after attacking medical IT firm

Cyber gang BlackCat allegedly scammed its own affiliates as the group went dark shortly after it disrupted the U.S. healthcare system. An address associated with the ransomware gang BlackCat, also …

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Seneca Protocol experiences $6m breach, SEN drops 65% 

by Isaac Wright
Seneca Protocol experiences m breach, SEN drops 65% 

Seneca Protocol saw a significant security breach, resulting in a dramatic 65% drop in the value of its native SEN token.  According to CertiK, the attacker initially exploited a vulnerability …

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Phishing Attack Swipes $5.1M Worth of BEAM

by Isaac Wright
Phishing Attack Swipes .1M Worth of BEAM

According to the blockchain analytics platform Lookonchain, a crypto trader suffered a phishing attack that swooped over 180 million BEAM tokens on Wednesday and affected the token’s price. 180 Million …

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Blockchain analysts detect $4.6m from Duelbits crypto heist

by Isaac Wright
Blockchain analysts detect .6m from Duelbits crypto heist

Blockchain security platform Cyvers has detected several suspicious transactions from the crypto casino site Duelbits, indicating a security breach.  The suspicious address received $4.6 million from Duelbits wallets on the …

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January’s biggest crypto hacks earn criminals $39m

by Isaac Wright
January’s biggest crypto hacks earn criminals m

Nearly $50 million was stolen from web3 platforms in the year’s first month as crypto remains engaged in a cyber war with hackers and scammers.  Quantstamp, a defi security startup, …

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Algorand Foundation CEO’s X account hacked

by Isaac Wright
Algorand Foundation CEO’s X account hacked

The Algorand Foundation, a blockchain platform with fast and cheap transactions, reported that its head’s X account was hacked. According to a Jan. 26 post, its CEO, Staci Warden’s Twitter …

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Ukrainian authorities arrest 29-year-old cryptojacker

by Isaac Wright
January’s biggest crypto hacks earn criminals m

The National Police of Ukraine, with the support of Europol, apprehended a so-called “cryptojacker” for breaching cloud accounts and illicitly mining cryptocurrencies via one million virtual servers. The arrest signifies …

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Radiant Capital reports $4.5m flash loan attack

by Isaac Wright
Radiant Capital reports .5m flash loan attack

Cross-chain lending protocol Radiant Capital has suspended its lending markets. The report states that Radiant Capital has received reports of a $4.5 million hack that affected one of the new …

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