Scams & Cybercrime News

A Hyperbridge exploit let an attacker mint 1 billion bridged Polkadot tokens on Ethereum and cash out about $237,000, reviving debate over bridge security.

Aethir said it halted a bridge exploit on its Ethereum-linked contracts, limiting losses to under $90,000 after PeckShield estimated $400,000 in damages.

A spoofed CoinDCX site sparked a 7.16 million rupee fraud case, triggering arrests before a court ruled the exchange was impersonated

The Treasury Department said the move reflects increases in frequency and sophistication of actions targeting digital asset platforms.

Operation Atlantic, a joint US, UK and Canadian operation, froze more than $12 million tied to crypto approval phishing scams and identified over 20,000 victims.

Operation Atlantic is a cross-border law enforcement effort to detect and disrupt crypto scams in real time, targeting approval phishing before funds are fully drained.

A darknet threat actor is selling new fraud kit to trick KYC identity verification systems on financial platforms via AI-generated deepfakes and real-time voice altering.

Security researcher Taylor Monahan listed at least 40 decentralized finance platforms she claims have been infiltrated by North Korean IT workers at some stage of their lives.

The $280 million Drift Protocol attack was likely carried out by threat actors aligned with North Korea state-affiliated hackers.

Drift Protocol said with “medium-high confidence” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024.

Circle had several hours or days to freeze illicit USDC funds in many of the 15 cases presented, but failed to act, according to ZachXBT.

Drift Protocol initiated onchain contact with wallets tied to the $280 million exploit as an unknown sender also attempts to pressure the attacker.

January saw the largest attack against a DeFi protocol of the quarter, the $40 million private key compromise of portfolio management platform Step Finance.

Drift said a durable nonce attack helped drive its Solana exploit, as critics questioned why stolen USDC moved for hours without a freeze.

A threat researcher estimates the exploit could reach $200 million and may be linked to a compromised private key.