BITPRISMIA
U.S. regulators are cracking down on crypto ATMs due to a rise in fraud cases, with new state-level regulations and a potential federal bill aiming to enhance consumer protection and digital asset security.
Crypto scammers have stolen significant amounts through address poisoning and malicious signature requests, with the FBI warning about fraudulent crypto recovery law firms and rising crypto-related crime.
Turkish crypto exchange Btc Turk confirmed a security incident involving $48 million in digital assets but assured users that their funds were not impacted.
BtcTurk, a Turkish cryptocurrency exchange, reported suspicious outflows of approximately $48 million, prompting the exchange to pause transactions and investigate the incident.
A Coinbase corporate wallet was drained of $300K by an MEV bot due to an approval vulnerability, while an Ethereum developer lost funds to a malicious AI extension.
Coinbase experienced a $300,000 loss due to a misconfigured smart contract approval, which was exploited by an MEV bot, highlighting critical security lessons for the crypto industry.
A hacker involved in the $53 million Radiant Capital exploit converted 4,326 ETH into $20.48 million DAI, raising concerns about DeFi security and potential ties to a North Korea-linked group.
A hacker exploited Radiant Capital, stealing $53 million in cryptocurrencies and later selling 2,496 ETH for $11.83 million in DAI, highlighting vulnerabilities in DeFi security and the need for stronger safeguards.
North Korea's state-supported hackers are increasingly targeting the cryptocurrency industry, using advanced techniques like AI-generated identities and deepfakes to deceive victims.
Odin.fun, a Bitcoin-based memecoin launchpad, suffered a $7 million exploit due to a liquidity manipulation attack, highlighting ongoing security challenges in the DeFi space.