Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistent […]
Two days prior, onchain analyst ZachXBT noted that the value of XMR climbed following the theft of 3,520 BTC from a single victim. By Wednesday, he suggested the wallet’s owner might be “an elderly individual in the U.S.” 3,520 BTC Stolen From Elderly U.S. Citizen and Funneled Into XMR On Sunday, ZachXBT detailed that a
‘Elderly’ American Allegedly Loses 3,520 BTC in Sophisticated Crypto Heist, Says ZachXBT Read More »
Hackers stole more than $92.4 million from crypto projects in April 2025. At the same time, the total losses for the first four months of the year alone surpassed $1.74 billion, according to blockchain security platform Immunefi. In April, the crypto space suffered a loss of $92,453,100 across 15 specific incidents. Per the report, this
Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B Read More »
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 »
