Cybercrime

Crypto Sector Lost .1 Billion to Hacks in Q1 2025, Says Hacken Report

Crypto Sector Lost $3.1 Billion to Hacks in Q1 2025, Says Hacken Report

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The cryptocurrency industry has witnessed over $3.1 billion in losses during the first half of 2025, already surpassing the total for all of 2024. According to a report published by blockchain security firm Hacken, the figure reflects persistent systemic vulnerabilities across both […]

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Crypto Crash Tackle: Former Athlete Jailed in Shocking Ponzi Mining Plot

Crypto Crash Tackle: Former Athlete Jailed in Shocking Ponzi Mining Plot

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A former semi-professional rugby player from Seattle has been sentenced to two-and-a-half years in federal prison after being found guilty of orchestrating a fraudulent cryptocurrency mining scheme. Shane Donovan Moore, 37, was convicted of wire fraud involving more than 40 investors across

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Hacker starts returning M in stolen funds from GMX exploit

Hacker starts returning $40M in stolen funds from GMX exploit

At the time of writing, the total amount returned to GMX stood at approximately $20 million. GMX acknowledged the technical sophistication of the exploit and issued a $5 million bounty for the return of funds. The attacker reportedly manipulated the price of GLP tokens, draining a variety of crypto assets from the platform. The attacker

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Over 40 Fake Crypto Wallet Extensions on Firefox, Are Your Funds at Risk?

Over 40 Fake Crypto Wallet Extensions on Firefox, Are Your Funds at Risk?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new report from cybersecurity firm Koi Security has revealed a large-scale campaign involving fake Firefox browser extensions used to steal crypto wallet credentials. According to the research, more than 40 extensions were found impersonating popular crypto wallet tools, allowing attackers to

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CEO Acquitted Months After Stabbing Incident

CEO Acquitted Months After Stabbing Incident

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A South Korean court has acquitted Lee Hyung-soo, CEO of crypto investment firm Haru Invest, of criminal fraud charges linked to the alleged mismanagement of investor funds amounting to over $650 million. The decision, issued on Tuesday by the Seoul Southern District

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US Seizes Crypto and 145 Domains in Major Darknet Takedown

US Seizes Crypto and 145 Domains in Major Darknet Takedown

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Department of Justice has taken action against the darknet marketplace known as BidenCash, announcing the seizure of cryptocurrency assets and 145 internet domains linked to its operations. The announcement came from the US Attorney’s Office for the Eastern District of

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