Indian crypto exchange CoinDCX hacked,  million drained

Indian crypto exchange CoinDCX hacked, $44 million drained

The cybersecurity exploit occurred due to a “sophisticated server breach,” CoinDCX CEO and co-founder Sumit Gupta announced on Saturday. Indian cryptocurrency exchange CoinDCX was hacked on Friday, leaving the exchange drained of $44 million.  The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach. No user…

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US Army soldier pleads guilty to hacking telcos and extortion

US Army soldier pleads guilty to hacking telcos and extortion

Former U.S. Army soldier Cameron John Wagenius pleaded guilty to hacking telecommunication companies and attempting to extort them by threatening to release stolen files, the Department of Justice announced on Tuesday. According to the DOJ, Wagenius, who went online with the nickname “kiberphant0m,” conspired to defraud 10 victim companies by stealing their login credentials, using…

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Fake IT insiders behind M in crypto losses across NFT protocols — ZackXBT

Fake IT insiders behind $1M in crypto losses across NFT protocols — ZackXBT

Hackers and threat actors continue to infiltrate companies, blockchain projects and Web3 firms by exploiting remote work arrangements. Hackers posing as legitimate information technology (IT) workers who have infiltrated Web3 projects have stolen roughly $1 million in crypto during the past week, according to onchain investigator and cybersecurity analyst ZackXBT. Several entities were impacted including…

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