Crypto Exchange M2 Confirms $13.7 Million Breach, Says Issue Resolved Within 16 Minutes
M2 Exchange recovered from a $13.7 million security breach within 16 minutes. A security firm said the incident highlights the growing vulnerability of crypto exchanges. Normal Service Restored The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $13.7 million. The exchange said customer funds […]
Defi Platform Delta Prime Loses $4.9 Million in Hack
According to Cyvers, Delta Prime, the decentralized finance (defi) platform, lost just over $5.9 million after a hacker took control of a private key on Sept. 16. Detailing the incident, Meir Dolev, the CTO of Cyvers, said the hacker initiated the attack by taking control of a wallet that is the admin of Delta Prime […]
Cybersecurity Breach at Evolve Bank
Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the […]
Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails
The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage yield (APY) for staked assets. Recipients are urged to avoid […]
Elliptic Study Finds AI-Enabled Crime in Cryptocurrency Remains in Early Stages
A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens featuring AI-related keywords such as GPT, Openai and Bard. Approximately 4,500 […]
ZachXBT flags Lazarus-linked addresses worth $61M
ZachXBT flagged seven wallet addresses with $61 million in Bitcoin connected to the Lazarus hacking group. This post was originally published on this site
My traumatic Apple ID hack showed pitfalls of centralized identity
A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life.This post was originally published on this site
Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ […]
Seoul Sanctions North Korea Over Crypto Theft
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean Hackers With First Cybercrime Sanctions The […]
Twitter Users Spot Crypto Scam Tweet on Verified Robinhood Account, Company Removes Post
According to multiple sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted a tweet promoting a Binance Smart Chain token listed on the Pancakeswap decentralized exchange. An analysis of the situation on the blockchain shows that the token received fewer than $1,000 in purchases before Robinhood removed […]