Notorious Pink Drainer retires after hitting $85M theft milestone

Pink Drainer, infamous for aiding in crypto thefts, shut down operations after amassing over $85 million in stolen assets.

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South Korea Authorities Investigate Crypto Hacking and Illicit Trading on Exchanges

South Korea authorities are investigating cryptocurrencies hacking and illicit trading, focusing on cracking down on such practices, raising concerns about potential consequences for those involved. (Read More)

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Report: Hackers Breach AT&T Email Accounts, Steal Victims’ Crypto Funds

Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report suggests that as much as $20 million worth of crypto may have been stolen. Criminals

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2022: The Year Crypto Hacking Reached an All-Time High with $3.8 Billion Stolen

In 2022, crypto hacking reached an all-time high, with hackers stealing a staggering $3.8 billion from cryptocurrency businesses, with DeFi protocols being the main victims. This article highlights the magnitude of the problem and the need for better security measures in the crypto industry.

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