News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Cybercrime News
Cybercrime is a crime made on/against computers and/or a network. Computers and networks may be both a tool or a target of an attacker. Cryptocurrency cybercrimes and Bitcoin-oriented cybercrimes are now an inseparable part of the industry. Cryptocurrency allows cybercrimes like hacking, phishing and various scamming schemes. There were a lot of notable cryptocurrency thefts with the latest cybercrime cases being the Coincheck hack (with $400 million worth of NEM tokens stolen in 2018) and NiceHash (with $60 million stolen). Cybercrimes also may be performed within the blockchain, like the infamous DAO event, where $50 million worth of Ethereum was taken by the hacker and led to the hard fork of the whole platform. Different types of wallet services for altcoins are one of the main targets of cybercrimes, as a flaw in the system gives hacker access to multiple accounts.
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Europol's report highlights how AI-driven automation and crypto tools fuel scams, phishing, trafficking, and financial crimes across Europe.
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The recent incident represents a more sophisticated attack that deviates from the classic scam of promoting fake tokens on social media.
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CyberArk found nearly 780,000 wallets linked to the theft, though only 423 held any crypto at the time of the analysis.
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Can DeFi protocols remain neutral when faced with massive criminal exploitation, or must they evolve to avoid regulatory crackdowns?
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Scam reporting in the US is fragmented and needs to come under one system to give better insights into attacks, Coinbase security chief Philip Martin tells Cointelegraph.
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The LastPass hack had been linked to at least $45 million in crypto thefts as of December 2024.
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The SafeWallet team called for continued improvements to user experience and user interfaces to combat similar future threats.
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The US Office of Foreign Assets Control says the marketplace created by Iran-based Behrouz Parsarad facilitated the sale of drugs, fake IDs and hacking resources.
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The crypto industry has rallied behind Bybit after a hack in which North Korean hacker group Lazarus stole over $1.4 billion.
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Crypto crime is surging, with AI fraud, stablecoin laundering and ransomware evolution redefining illicit finance. Can regulators keep up?
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The recent $1.4 billion Bybit hack has put cybersecurity in the crypto industry into sharper focus as firms search for a way forward.
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Lazarus Group has stolen over $6 billion in crypto since 2017, making it the most notorious hacking ring in the industry.
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Bybit is offering a bounty of up to 10% of the stolen funds for white hat hackers who successfully recover crypto from the Lazarus Group.
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The North Korean cybercrime unit may be behind some of the recent memecoin rug pulls on Solana.
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