News with the tag "Crypto theft"

An analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC) transactions. Related Reading: XRP Price Shoots For 20% Surge To $2.51 Amid Pullback To Breakout Zone Monero So...

In a shocking turn of events rocking the crypto world, Infini, a cryptocurrency credit card provider, has leveled serious accusations against one of its own smart contract engineers. The charge? A staggering $50 million theft allegedly executed through a clandestine “super admin” access. This incide...

North Korea’s Lazarus Group has reportedly laundered all the 499,000 ETH, roughly $1.39 billion, stolen from the Bybit hack in just 10 days. According to a Mar. 4 post on X by on-chain analyst EmberCN, who has been tracking the stolen funds, much of the Ethereum ( ETH ) was funneled through THORChai...

The hacker behind the $1.4 billion Bybit exploit has already laundered more than 50% of the stolen Ethereum, primarily using THORChain to swap ETH for Bitcoin. According to blockchain analytics firm Spot On Chain’s Feb. 28 post on X, the attacker has laundered 266,309 Ethereum ( ETH ), about $614 mi...

Crypto-focused neobank Infini has reportedly suffered a $49.5 million exploit, with stolen funds being swapped to DAI and used to purchase ETH. CertiK first flagged suspicious activity on Feb. 24 at 3:18 am UTC, noting unauthorized transfers from an Infini-related contract on Ethereum ( ETH ). The h...

Ethereum multisig wallet provider Safe wallet has announced that it will gradually restore its services with improved security features within 24 hours. This comes after the $1.4 billion Bybit hack which exploited a masked URL and contract logic manipulation to drain the exchange’s cold wallet. On a...

Former payroll manager, Ho Kai Xin, has been sentenced to nine years and 11 months in prison for stealing $4.2 million from Bybit. According to Singaporean news outlet the Strait Times , the 32-year-old woman pleaded guilty to five charges of cheating, eight counts of benefiting from criminal conduc...

On-chain investigator ZachXBT reported that Ripple was compromised for approximately 213 million XRP, valued at around $112.5M. In a recent post on X , ZachXBT flagged suspicious Ripple ( XRP ) transfers worth around $112.5M, which were sent to exchanges from a wallet reportedly activated by Chris L...

North Korea-affiliated hackers stole at least $1.34 billion worth of digital assets in 2024.

The infamous hacker group, under the guise of "Blockchain Bandit," made a grand comeback with a sensation of merging 51,000 Ether into a single wallet, which totaled $172.2 million, almost two years after going into stealth mode.