Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Treasury officials announced sanctions this week aimed at shutting down a North Korea‑backed IT worker network that targeted crypto firms and other tech companies. Two individuals and four entities are now cut off from the US financial system. According to Treasury […]
US Sanctions North Korea’s Shadow Coders Read More »
Criminal hackers exploited a critical vulnerability in a Brazilian banking infrastructure on Monday, stealing over R$1 billion (~$180 million) from reserve accounts in what authorities called the largest cyberattack in the country’s financial history. According to Brazil Journal, C&M Software, a Central Bank-authorized service provider that handles API connections for financial institutions in Brazil, became
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto theft has hit a record in the first half of 2025. Over $2.1 billion vanished in at least 75 hacks and exploits. That total tops the previous H1 high set in 2022 by about 10% and almost matches every dollar stolen
Crypto Thefts Soar To $2 Billion In 2025, Breaking Records And Trust Read More »
A British national has been indicted in the United States for allegedly orchestrating a large-scale hacking operation under the alias “IntelBroker,” resulting in over $25 million in damages to businesses and institutions worldwide. The U.S. Attorney’s Office for the Southern District of New York announced the indictment of 25-year-old Kai West on Wednesday. West is
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Turkey’s Ministry of Treasury and Finance rolled out new rules this week to stop money laundering through crypto trades. Users now have to put in a transfer note of at least 20 characters explaining why they’re moving funds. At the same time,
Turkey Tightens Grip On Crypto To Foil Money Launderers Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cryptocurrency firms and law enforcement teamed up this month in what could be the biggest crypto haul in US Secret Service history. On June 18, the Department of Justice moved to seize over $225 million in tokens linked to pig-butchering scams. This
Coinbase And Secret Service Team Up In $225 Million Crypto Sting Read More »
Users visiting the Cointelegraph website on Sunday were confronted with a deceptive pop-up claiming they had won token rewards. The pop-up message appeared to be part of a legitimate Cointelegraph promotion and told visitors they had been randomly selected to receive 50,000 “CTG” tokens, valued at over $5,000. The offer seemed polished and convincing, featuring
Cointelegraph Suffers Similar Cyberattack After CoinMarketCap – What’s Going On? Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure CoinMarketCap tackled a security scare on its website this week when a fake popup urged users to “Verify Wallet.” The alert first appeared on Friday, prompting worries that hackers had slipped malicious code into the site. Within about three hours, CoinMarketCap said
CoinMarketCap Identifies And Eliminates Rogue Wallet Scam Read More »
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits
Iran’s Top Crypto Hub Loses $82M To Hackers With Israeli Links Read More »
North Korea’s hackers has reportedly stolen nearly $2 billion from centralized crypto exchanges over the past year. Blockchain security researcher Tay Monahan attributes a significant portion of those funds, around $1.8 billion, to a series of major hacks targeting centralized crypto trading platforms like Bybit, DMM Bitcoin, WazirX, Phemex, and BingX. Despite setbacks such as
North Korea’s hackers could have laundered as much as $1.5 billion in stolen crypto Read More »
