News with the tag "Cyber Security News"

A hacker and scammer hacked an X account of a Crypto trader, and analysts and celebrities pumped the trade price of the Ordi token by 15%. What is going on? Who hacked these accounts—a group or a person? Official investigations are yet to start, but crypto investors are already playing detectives.

The Lazarus Group has been tied to large-scale crypto exploits such as the $100 million and the Ronin bridge hack. Blockchain investigator, ZachXBT, is playing a significant role in helping authorities track and sanction questionable affiliates.

Crypto recovery service Rexxfield has managed to recover and return almost 10 Bitcoin (BTC) stolen from a U.S. investor some years ago. The value of stolen assets returned to the victim had doubled from the initial $326,000 lost amid the recent increases in the price of Bitcoin. Also read: Bitcoin P...

Pike Finance, a decentralized finance (DeFi) lending protocol, was attacked twice in a few days. Attackers used a smart contract vulnerability to steal digital assets worth millions. The first raid took place on April 26, and the loss amounted to $300,000. The second one, on April 30, caused the com...

Following the increase of cryptocurrencies being used in the trade of child sexual abuse material (CSAM), U.S. Senators Elizabeth Warren and Bill Cassidy are heading the way of empowering federal agencies with the tools they need to expose and stop these illegal transactions. A study from Chainalysi...

Brand Garlinghouse has criticized scammers who are trying to impersonate him on social media platforms. In a post on X social media platform, Brad Garlinghouse posted something colorful and referred to them as “pathetic lowlifes”. Ripple will fight these fraudsters. A video of a double in plaid paja...

It is safe to live with an awareness that a crypto bull market goes hand in hand with scammers. Oh, wait, no!! These crypto scammers work a 24/7 rotation schedule on bear and bull markets. Today, all eyes are on a fakie Liquidity Provider working from Telegram who goes by the name Flyway Digital (@f...

To reinforce the powers of the company’s office against various kinds of financial crimes, Chainalysis, a pioneer at the blockchain forensics field, is forming this strategic partnership with a prominent financial expert, James Lee who was Chief of the IRS Criminal Investigations of United States. T...

Blockchain security firm PeckShield reported a significant recovery of stolen digital assets in March. The firm’s data shows that nearly $100 million of the $187 million lost to crypto hacks has been reclaimed. March witnessed over 30 hacking incidents, making the recovery of 52.8% of the stolen fun...

TRM Labs has shone a fresh light on the field of illicit cryptocurrency transactions of 2023. The findings indicated that the Tron blockchain accounted for 45% of all scamming activities. This is 41% better than the previous year. The Ethereum and Bitcoin blockchains followed, 24% and 18% respective...