A suspected theft of 3,520 Bitcoin valued at approximately $330.7 million has triggered a sharp rally in Monero (XMR), after the stolen funds were laundered through multiple instant exchanges. The incident, flagged by blockchain investigator ZachXBT, began when the BTC was transferred from a potential victim’s wallet to a known suspicious address. The launderers swiftly […]
$330M in BTC Laundered Through Monero, XMR Jumps 50% Read More »
The price of Monero, a privacy-focused cryptocurrency, has risen by over 50% overnight on several exchanges, leaving crypto enthusiasts in search of an answer to this sudden increase. Onchain sleuth ZachXBT alleged that this move had been caused by the swap of a high amount of bitcoin to XMR, propping up the price gains. In
Monero Price Rises 50% Amid Alleged Money Laundering Activities Read More »
Loopscale has offered a hacker behind a $5.7 million USDC and 1,200 SOL exploit a deal: return 90% of the funds and keep 10% as a bounty, with full immunity from liability. Attack Impacts 12% of Funds on Loopscale Loopscale, the on-chain borrowing and lending platform, has offered the hacker behind the exploit of $5.7
DeFi Platform Loopscale Negotiates With $5.7M Exploit Hacker Read More »
Loopscale, a decentralized finance (DeFi) protocol built on Solana, has suspended its lending operations following a $5.8 million exploit. The incident occurred on April 26, when a hacker drained 5.7 million USDC and 1,200 SOL by executing a series of undercollateralized loans, according to Loopscale co-founder Mary Gooneratne. In response, Loopscale has partially restored platform
Solana DeFi Protocol Loopscale Halts Lending After $5.8M Exploit Read More »
North Korean cyber operatives reportedly established two fake U.S. businesses using false identities to bypass Treasury sanctions and target cryptocurrency developers with malware. Hackers Target Unsuspecting Job Applicants North Korean cyber operatives reportedly set up two fraudulent businesses in the United States, evading Treasury sanctions to infect cryptocurrency developers with malware. The entities, Blocknovas LLC
North Korean Cyber Operatives Set up Fake US Companies to Target Crypto Developers Read More »
The ZKsync Association has successfully recovered $5 million worth of stolen tokens following a security breach on April 15 involving its airdrop distribution contract. The hacker behind the exploit agreed to a 10% bounty in exchange for returning 90% of the stolen assets, transferring nearly $5.7 million back to the ZKsync Security Council across three
ZKsync Recovers $5M in Stolen Tokens After Hacker Accepts Bounty Read More »
Kenny Li, co-founder of Manta Network, has revealed he was the target of a highly advanced phishing attempt involving deepfake technology during a Zoom call. In a detailed post on April 17, Li described how attackers used prerecorded videos of familiar individuals to impersonate them in what appeared to be a legitimate meeting. Li said
Decentralized exchange KiloEX suspended its platform Tuesday after hackers drained $7.5m, marking the latest security breach in the area of decentralized finance. In an announcement on April 14 via X, KiloEX confirmed it had halted operations immediately after detecting the exploit. The team said it contained the breach and launched an investigation alongside leading blockchain
Decentralized Exchange KiloEX Freezes Platform Following $7.5M Exploit Read More »
The security firm ReversingLabs’ research team has discovered yet another campaign targeting specific versions of the popular crypto wallets Exodus and Atomic. According to the report, threat actors “have been targeting the cryptocurrency community hard lately.” They’re using various methods to hijack popular and legitimate crypto packages to loot people’s wallets. However, the researchers highlight
New Malicious Campaign Targets Atomic and Exodus Wallets Read More »
Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users how to verify token promotions. Compromised Accounts Used in Crypto Fraud Promotions Africa faces a growing threat from hackers who are hijacking the social media
Experts Warn: Africa’s High Crypto Adoption Rate Attracts Cybercriminals Read More »
