News with the tag "theft"

Hold onto your crypto wallets! A chilling report has surfaced, revealing a staggering $46 million in suspected thefts targeting users of the popular Coinbase exchange just this month. Blockchain sleuth ZachXBT dropped this bombshell on his Telegram channel, sending ripples of concern throughout the ...

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...

In a dramatic turn of events in the volatile world of cryptocurrency, blockchain gaming platform WEMIX has announced a decisive plan to tackle the aftermath of a recent security breach. If you’re invested in WEMIX or following the latest in crypto security, you’ll want to pay close attention to this...

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...

A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wre...

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...

At least two unnamed companies have been taken in by an alleged shapeshifting fraudster selling millions of dollars in fake FTX liquidation claims by apparently using artificial intelligence to help mask his appearance in video calls with buyers, according to an investigation conducted by data firm ...