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CATEGORY: cyber

Penpie protocol exploited, suffers $27M loss
Author: Cointelegraph by Vince Quill
United States
Source: Cointelegraph.com News
Sep 04, 2024 12:00

Penpie protocol exploited, suffers $27M loss

Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. 

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WazirX Hackers Cash Out $6.5M & Vanish Into Thin Air
Author: Lipika Deka
Estonia
Source: TronWeekly
Sep 04, 2024 02:30

WazirX Hackers Cash Out $6.5M & Vanish Into Thin Air

The perpetrators behind WazirX’s recent hack of July 18 have transferred a significant portion of their stolen funds. Blockchain security firm PeckShield has announced that it has identified an address linked to the hackers, which has recently sent 2600.1 ETH [worth approximately $6.5 million] to the privacy protocol Tornado Cash. This latest transaction hints at […]

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Polymarket users complain of mysterious Google login wallet attacks
Author: Cointelegraph by Christopher Roark
United States
Source: Cointelegraph.com News
Sep 30, 2024 12:00

Polymarket users complain of mysterious Google login wallet attacks

The attacker used a proxy function to swipe victims USDC balances, but only a small number of Google login users have been affected.

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User loses $32 million spWETH in a sophisticated phishing attack
Author: Cointelegraph by Vince Quill
United States
Source: Cointelegraph.com News
Sep 29, 2024 12:00

User loses $32 million spWETH in a sophisticated phishing attack

According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.

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AI and Data: Enhancing Zero Trust Cyber Defense Strategies
Hong Kong
Source: Blockchain News
Sep 28, 2024 02:15

AI and Data: Enhancing Zero Trust Cyber Defense Strategies


NVIDIA's AI solutions, including Morpheus, are revolutionizing zero-trust cybersecurity by enabling real-time data analysis and anomaly detection. (Read More)

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HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)
Hong Kong
Source: Blockchain News
Sep 28, 2024 02:15

HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)


The Hong Kong Monetary Authority alerts the public about a fraudulent website linked to Bank of China (Hong Kong) Limited. (Read More)

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US sanctions Russian crypto platforms for money laundering ties
Author: Cointelegraph by Derek Andersen
United States
Source: Cointelegraph.com News
Sep 27, 2024 12:00

US sanctions Russian crypto platforms for money laundering ties

Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.

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Telegram Bot Breach Costs Users $3M, Banana Gun to Refund Victims
Author: Mishal Ali
Estonia
Source: TronWeekly
Sep 27, 2024 02:30

Telegram Bot Breach Costs Users $3M, Banana Gun to Refund Victims

Banana Gun, a popular Telegram trading bot, has recently released information on a cyberattack that has caused a loss of $3 million and affected eleven individuals. However, the company assured the users that those involved in the devastation would be compensated with their own money. It is expected that no other tokens will be sold […]

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German Authorities Disrupt 47 Russia-Centric No KYC Crypto Exchanges
Hong Kong
Source: Blockchain News
Sep 27, 2024 02:15

German Authorities Disrupt 47 Russia-Centric No KYC Crypto Exchanges


The German Federal Criminal Police (BKA) has seized 47 Russian-language no-KYC crypto exchanges, highlighting their role in cybercrime and sanctions evasion. (Read More)

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Crypto hacks surge to $2.1B in 2024, CeFi hit hardest Cyvers
Author: Cointelegraph by Derek Andersen
United States
Source: Cointelegraph.com News
Sep 27, 2024 12:00

Crypto hacks surge to $2.1B in 2024, CeFi hit hardest Cyvers

Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation.

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HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank
Hong Kong
Source: Blockchain News
Sep 26, 2024 02:15

HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank


The Hong Kong Monetary Authority alerts the public about fraudulent websites and social media pages impersonating Dah Sing Bank. Public urged to remain vigilant. (Read More)

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Been scammed? Crypto crimestoppers claim to help get crypto back
Author: Cointelegraph by Christopher Roark
United States
Source: Cointelegraph.com News
Sep 26, 2024 12:00

Been scammed? Crypto crimestoppers claim to help get crypto back

Private investigation firm Lionsgate claims it can help recover stolen crypto when going straight to the police fails.

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Email auto-reply vulnerability allows hackers to mine cryptocurrency
Author: Cointelegraph by Ezra Reguerra
United States
Source: Cointelegraph.com News
Sep 26, 2024 12:00

Email auto-reply vulnerability allows hackers to mine cryptocurrency

Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users systems to mine cryptocurrency without their knowledge.

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Indian Supreme Court recovers YouTube account from XRP scammers
Author: Cointelegraph by Arijit Sarkar
United States
Source: Cointelegraph.com News
Sep 22, 2024 12:00

Indian Supreme Court recovers YouTube account from XRP scammers

XRP scammers hacked the Supreme Court of Indias YouTube account, and although it was recovered, it lost its subscriber base.

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BingX confirms the resumption of withdrawal services following hack
Author: Cointelegraph by Vince Quill
United States
Source: Cointelegraph.com News
Sep 21, 2024 12:00

BingX confirms the resumption of withdrawal services following hack

Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

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Bull cycles spark some seemingly rational reason to compromise security: Ledger exec
Author: Cointelegraph by Josh O'Sullivan
United States
Source: Cointelegraph.com News
Sep 21, 2024 12:00

Bull cycles spark some seemingly rational reason to compromise security: Ledger exec

Ian Rogers of Ledger stresses the importance of self-custody and warns against complacency during crypto market booms.

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US prosecutors oppose Mango Market exploiter's motion for acquittal
Author: Cointelegraph by Vince Quill
United States
Source: Cointelegraph.com News
Sep 20, 2024 12:00

US prosecutors oppose Mango Market exploiter's motion for acquittal

Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.

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Indian crypto exchange WazirX struggles to recover funds 60 days after hack
Author: Cointelegraph by Shiraz Jagati
United States
Source: Cointelegraph.com News
Sep 20, 2024 12:00

Indian crypto exchange WazirX struggles to recover funds 60 days after hack

WazirXs $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs. 

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Ethena domain registrar hacked, Ethena Labs warns users to stay away
Author: Cointelegraph by Vince Quill
United States
Source: Cointelegraph.com News
Sep 19, 2024 12:00

Ethena domain registrar hacked, Ethena Labs warns users to stay away

The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform. 

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Crypto Chaos: DeFi Protocol BaseBros Fi Pulls Rug, Drains Funds
Author: Mishal Ali
Estonia
Source: TronWeekly
Sep 17, 2024 02:30

Crypto Chaos: DeFi Protocol BaseBros Fi Pulls Rug, Drains Funds

BaseBros Fi, the yield optimization decentralized finance (DeFi) protocol that runs on the Base blockchain, has suddenly disappeared from the crypto world due to allegedly stealing users’ investments to a large extent. On September 13, the platform disabled its official website and wiped its presence from various social media platforms such as X and Telegram. […]

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