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The Cetus hack saw $223 million in user funds stolen, most of which has been frozen by Sui network validators and ecosystem partners. Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus…
A crypto investor in Manhattan is accused of holding an Italian man captive for weeks, allegedly torturing him for access to Bitcoin wallet credentials. A Manhattan crypto investor is facing serious charges after allegedly kidnapping and torturing an Italian man in a disturbing bid to extract access to digital assets. John Woeltz, 37, was arraigned…
Eric Council Jr., 26, was sentenced to 14 months in prison and three years of supervised release on Friday for participating in the hack of the official X account of the U.S. Securities and Exchange Commission. The U.S. Department of Justice announced the sentencing in a press release. Council and other hackers took over the…
Onchain security firm Blockaid speculates it might be a front end attack, and says not to sign transactions and avoid interactions with Cuve until the issue is resolved. Decentralized finance (DeFi) protocol Curve Finance has warned that a hacker has again hijacked its domain name system (DNS), sending users to a malicious website. In the…
Coinbase users are falling prey to social engineering scams, costing users tens of millions of dollars in losses, according to ZackXBT. Onchain sleuth and security analyst ZackXBT claims to have identified an additional $45 million in funds stolen from Coinbase users through social engineering scams in the past seven days alone. According to the onchain…
The US Treasury has proposed cutting the Huione Group’s access to the US banking system, accusing it of being involved in laundering crypto. The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s state-backed Lazarus Group to launder its crypto. The Treasury’s…
Are you willing to hack and take control of Chinese websites for a random person for up to $100,000 a month? Someone is making precisely that tantalizing, bizarre, and clearly sketchy job offer. The person is using what looks like a series of fake accounts with avatars displaying photos of attractive women and sliding into…
Europol’s report highlights how AI-driven automation and crypto tools fuel scams, phishing, trafficking, and financial crimes across Europe. The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime. In a threat assessment report on serious and organized crime, Europol stated that AI and crypto…
The recent incident represents a more sophisticated attack that deviates from the classic scam of promoting fake tokens on social media. Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15. In…
After evading capture for more than two years following a hacking spree that targeted some of the world’s biggest tech companies, U.S. authorities say they have finally caught at least some of the hackers responsible. In August 2022, security researchers went public with a warning that a group of hackers had targeted over 130 organizations…