Tag Archives: Hacking

The FBI has arrested a husband and wife in Manhattan for allegedly conspiring to launder swaths of Bitcoin connected to the 2016 Bitfinex exchange hack. According to Reuters, over $3.6 billion worth of the asset has already been recovered by law enforcement. The couple allegedly responsible is Ilya Lichtenstein (34) and Heather Morgan (31). They are accused of conspiring to launder 119,754 Bitcoin after an attacker stole them through over 20,000 unauthorized transactions at...

The United Nations (UN) accused North Korea of stealing cryptocurrencies worth millions of dollars. Moreover, the report added that the totalitarian Asian state employed the stolen assets to fund missile and nuclear experiments. Crypto Fuels Weapon Trials According to a recent UN report cited by Reuters, North Korean hackers have carried out numerous attacks against at least three cryptocurrency exchanges between 2020 and mid-2021. The bad actors stole around $50 million...

Wormhole Bridge is back up with developers claiming that all funds are restored following the $320 million hack. Wormhole, a cross-chain bridge from Solana to other networks, suffered a major breach on Wednesday. Hackers managed to take control of 120,000 wrapped Ether worth $320 million. The breach impacted all users that held Ethereum tokens (wETH) on the Solana blockchain. Shortly after the attack, Wormhole updated its users on the situation. They also said that they...

A large chunk of the bitcoins stolen from the infamous 2016 Bitfinex hack was moved by the hackers to an unknown wallet earlier today. Bitfinex 2016 Hacked Funds on the Move According to data from the live cryptocurrency transactions monitor Whale Alert, the hackers have moved over 64,000 BTC in 21 separate transactions. The first transfer was of 1 BTC, worth $38,750 at the time, perhaps as a test transaction. The hackers then made subsequent transfers of varying amounts. The...

NYC-based entrepreneur Dan Reich has recently regained access to more than $2 million worth of crypto left in a Trezor One hardware wallet with the help of renowned computer engineer and hardware hacker Joe Grand. In a YouTube video uploaded recently, the Portland-based hacker popularly known by his pseudonym “Kingpin” gave a comprehensive narration of how he cracked the wallet to recover the “lost” crypto assets. How it all Started Earlier in 2018, Dan Reich and his friend...

Earlier this morning, a mysterious video called “One World Cryptocurrency” was posted across numerous popular crypto/ finance YouTube channels – without the owners’ permission. The video has all the appearances of a giveaway scam. “One World Cryptocurrency” The minute-long video features promotion of a supposedly new BSC token called “One World Cryptocurrency” (Ticker: OWCY). It features a “contact address”, and a listed pre-sale price of “0.0001’ (no unit of account was...

The users of cross-chain protocol lashed out over an unsolved security vulnerability that appeared earlier this week and the platform’s failure to act. Later on, though, Multichain revealed that one whitehat hacker returned 259 ETH, worth approximately $813,000. The Multichain Exploit It all started when Multichain announced the existence of a flaw that made several accounts vulnerable to malicious entities. The team behind the protocol urged its users to revoke approvals for...

The digital asset exchange – CryptoCom – came up with an official statement regarding the latest attack on its platform. The company revealed that the incident affected nearly 500 people, but they were fully refunded. The Saga Had a Happy End In its most recent report, CryptoCom disclosed that it first found out about the issue in the early hours on Monday (January 17). The monitoring systems of the trading venue detected unauthorized activity on a small number of user...

A recent report by blockchain forensics company Chainalysis stated that cybercriminals in North Korea stole bitcoin and Ether, worth almost $400 million but still have millions worth of stolen cryptocurrency funds unlaundered. Almost $400 Million Theft Recorded in 2021 The Chainalysis report published January 13, 2022, stated that the funds were stolen following attacks on a minimum of seven crypto exchanges. Also, the company believes most of the attacks were possibly...

The rumors of a potential MetaMask governance token airdrop have been going rampant on Crypto Twitter for quite some time now. it appears that scammers are taking full advantage and have managed to lure several hundred users in their schemes. MetaMask is the most popular non-custodial wallet for Ethereum and it played a huge role in the DeFi summer of 2020. Ever since Uniswap airdropped its governance tokens, many decentralized projects are doing the same. Now, users are...