News
The Iranian crypto exchange’s wallets were exploited for at least $81 million as attackers used vanity addresses for the theft.
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Hackers News
The term “computer hacker” refers to an individual or group of individuals skilled in manipulating computer systems, often breaking through layers of security to achieve their goals. These goals can range from exploring systems out of curiosity, stealing sensitive data and defacing websites to illegally profiting from system manipulation.
In the context of cryptocurrencies, hackers target exchanges, wallets and users to steal funds. The latest news on hackers shows that no one is protected from their schemes, with several cases of exchange hacks.
In 2014, Mt. Gox, once the world’s largest Bitcoin exchanges, declared bankruptcy after losing 850,000 Bitcoin (BTC). In March 2022, hackers targeted the Axie Infinity gaming platform’s network, Ronin, stealing approximately $625 million in Ether (ETH) and USD Coin (USDC), marking the largest cryptocurrency hack to date.
Other notable hacks include the Poly Network heist, where over $600 million was stolen. FTX also faced a massive breach, losing $600 million in crypto assets. Binance, a major exchange, fell victim to a $570 million hack, and Coincheck suffered a $523 million attack in 2018.
- News
The stablecoin giant froze over $12.3 million worth of funds, pointing to potential illicit activity or AML violations.
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Unless Bitcoin upgrades its core cryptography in the next five years, the trust it has built over 16 years could be wiped out by a single quantum attack. Urgent upgrades are needed to protect the world’s leading cryptocurrency.
14345 - Explained
A YouTuber exposed an $800,000 crypto scam in Cebu by hacking CCTV, confronting scammers live and revealing their global fraud operation.
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Supply chain attacks in crypto exploit trusted dependencies, emerging as a major threat to crypto projects, which now have to stay vigilant on such threats.
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MEXC introduces a $100 million fund to protect users from platform breaches, hacks and technical failures, with real-time wallet transparency.
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Cybercriminals hijack or impersonate trusted X accounts to post phishing links that lead users to fake sites or malicious smart contracts designed to steal crypto.
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A crypto investor lost $2.6 million in hours, falling victim to a zero-value transfer scam, a type of address poisoning scam.
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Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process.
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The Cetus DEX exploit on Sui drained $220 million in minutes. The hacker took advantage of an undetected bug in the math library of the protocol to siphon off the funds.
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Bybit unveiled a major security overhaul following its $1.4 billion hack in February, with upgrades across audits, wallet protection and information security.
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Hackers are moving from smart contract vulnerabilities to exploiting human behavioural weaknesses, according to the co-founder of Web3 cybersecurity firm CertiK.
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The Crocodilus banking trojan is expanding globally with new campaigns targeting crypto wallets and banking apps, now reaching Europe and South America.
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Taiwan-based exchange BitoPro confirmed an $11.5 million crypto exploit weeks after the breach, saying user funds and withdrawals were unaffected.
58181 - News
French prosecutors charged 25 people over a wave of crypto-related kidnappings. However, the masterminds remain at large.
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