Cybercrime Financial News

08.09 / 16:41

scam Cybercrime Theft Rug Pulls Were Rampant In August But Slightly Decreased On Previous Months - Report

Rug pulls, a type of theft which occurs when owners of a crypto project flee with the funds collected from their investors, dominated Web3 world-based scams and exploits in August, with 33 out of the 44 recorded exploits deemed rug pulls and exit scams, according to a recent report released by blockchain security company CertiK.

17.08 / 13:09

Blockchain defi hacks Cybercrime Another depeg — Acala trace report reveals 3B aUSD erroneously minted

High-profile security incidents continue to be a theme in 2022 as the Acala Network joined a long list of stricken platforms to fall prey to exploits.

17.08 / 07:17

regulation crimes Cybercrime data exit Crypto scams fall Crypto scams fall 65% after gullible noobs exit the market: Chainalysis

Fewer people have fallen victim to cryptocurrency scams in 2022 so far due to falling asset prices and the exit of inexperienced crypto users from the market, a new crypto crime report reveals.

11.08 / 05:55

Blockchain Technology crimes Cybercrime Cross-Chain Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic

Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half a billion dollars in ill-gotten crypto assets.

08.08 / 18:41

Government regulation Cybercrime US Treasury sanctions USDC and ETH addresses connected to Tornado Cash

The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the Specially Designated Nationals list of the Office of Foreign Asset Control, or OFAC.

05.08 / 12:57

Blockchain hacks crimes Cybercrime Experts find private keys on Slope servers, still puzzled over access

Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets.

04.08 / 07:09

Blockchain Technology Analysis Cybercrime Cross-Chain $2B in crypto stolen from cross-chain bridges this year: Chainalysis

Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report.

03.08 / 23:15

business hacks Cybercrime Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield

Blockchain investigator PeckShield has reported roughly $4.8 million in crypto moved from ZB.com amid the exchange announcing the suspension of withdrawals.

27.07 / 08:11

business Cybercrime Ransomware ‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report

New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022.

19.07 / 09:07

Hackers Social Media Cybersecurity Cybercrime Threat Yuga Labs warns of 'persistent threat group' targeting NFT holders

Bored Ape Yacht Club (BAYC) creator Yuga Labs has warned there may soon be a “coordinated attack” targeting multiple non-fungible token (NFT) communities.

05.06 / 13:35

cryptocurrency CryptoExplainer Cybercrime 200 ETH Worth of NFTs Stolen, Tweets Yoga Labs

Bored Ape Yacht Club (BAYC) has confirmed its Discord serves were compromised

09.05 / 13:43

markets privacy Cybercrime Monero Drop Monero avoids crypto market rout, but XMR price still risks 20% drop by June

Monero (XMR) has shown a surprising resilience against the Federal Reserve's hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week.

14.04 / 21:55

Ethereum NFT Cybercrime play-to-earn Sky Mavis lazarus North Korean Lazarus Group allegedly behind Ronin Bridge hack

The United States Treasury Department Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons (SDN) list was updated Thursday to reflect the possibility that North Korean cyber-criminal Lazarus Group was behind last month's hack of the Ronin Bridge, in which over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) was taken, Chainalysis announced by Twitter. The information was also confirmed by Ronin.

28.01 / 13:01

defi Hackers Altcoin Cybercrime Qubit Finance suffers $80 million loss following hack

High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers.

27.01 / 05:05

Blockchain Cybercrime Money laundering Crypto money laundering up by one third in 2021 but still below record

A new Chainalysis report has revealed that $8.6 billion in value was laundered through cryptocurrency in 2021. It marks a 25% increase from 2020, but still remains well below the high watermark hit in 2019.

14.01 / 06:05

Adoption Analysis crimes Cybercrime fall Crypto crime’s overall impact set to fall even further in 2022: Chainalysis

The coming year is likely to see crypto related crime reduce to an ever smaller share of the overall industry as law enforcement takes greater advantage of the transparency provided by blockchain technology, says Kim Grauer, Director of Research at Chainalysis.

09.01 / 08:47

Blockchain Ethereum Hackers Cybercrime LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain

The hack was first identified by PeckShield, a blockchain security company, based on the suspicious transfer of ERC-20 tokens from LXC to an unknown Ethereum (ETH) wallet.

06.01 / 21:47

business Television Scams Cybercrime Crypto scams Comedian Stephen Colbert spoofs 'Colbert Coin' in response to rise in crypto scams

Stephen Colbert, the charismatic host of CBS’ The Late Show, is once again associating many cryptocurrencies with scams — but doing so by parodying the vernacular of a seasoned HODLer.

01.11 / 07:53

defi crimes Cybercrime Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork

After launching via a Discord channel on Oct. 28, AnubisDAO went on to raise roughly 13,256.4 ETH using Alchemistcoin’s liquidity bootstrapping protocol (LBP) Copper. However, the funds were unexpectedly sent to a different address roughly 20 hours into the LBP.

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