News with the tag "Hackers"

A meme coin launchpad has suffered a major security breach, with an insider allegedly siphoning off thousands of dollars worth of cryptocurrency. Pond.fun, a platform built on Linea, lost 64.8 Ether in what appears to be an attack from within. The stolen funds, worth around $230,000 at current price...

Bybit’s CEO, Ben Zhou, has provided updates on the recovery of funds stolen during a major hack on the exchange. The incident, which occurred on February 21, involved approximately $1.4 billion worth of cryptocurrency, making it one of the largest hack on a centralized exchange in the crypto market....

Blockchain analysis reports from Arkham Intelligence indicate that North Korea’s Lazarus Group has fully laundered the ethereum (ETH) proceeds from the Bybit breach, with a significant share of the assets now converted into bitcoin (BTC). From ETH to BTC: Lazarus Group Now Holds 6,706 Bitcoin Worth ...

The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day window. This calculated redistribution of ether, executed with methodical precision, hi...

Supporters of the decentralized exchange Thorchain have pushed back against claims that the protocol is actively aiding North Korea-backed hackers attempting to cash out funds from the Bybit hack. FUD Allegations Reports that Thorchain, a decentralized exchange (DEX) platform, is refusing to block a...

Mask Network founder Suji Yan’s personal digital assets worth nearly $4 million were stolen in a suspicious transaction. Coordinated Laundering Attempt The blockchain security firm Cyvers said Feb. 27 it had detected suspicious transactions linked to Suji Yan, the founder of Mask Network. At the tim...

The Solana-based memecoin Launchpad Pump.fun’s X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises. Related Reading: Red Monday, Green Week? Bitcoin Needs ...

Cybercriminals have initiated a sophisticated attack that targets GitHub users. They are utilizing fake repositories to disseminate malware that steals personal data and cryptocurrency. Kaspersky , a security firm, has identified more than 200 repositories that deceive unsuspecting developers and me...

Chainflip, a decentralized cross-chain service and market maker, is implementing an upgrade to block illicit funds, specifically those from the recent Bybit hack. Hacked Funds Expose LPs to Excessive Risk Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block ...

A blockchain security firm revealed that stolen funds from crypto exchange Bybit are being moved by hackers to crypto mixers to convert the bagged funds into Bitcoin in an attempt to obfuscate the transaction trail. Elliptic believes that the hackers known as the Lazarus Group, which is based in Nor...