A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
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Why Did North Korean Hackers Steal $1.3 Billion in Crypto in 2024?
North Korean hackers have increasingly targeted cryptocurrency platforms, stealing significant amounts and using advanced methods to hide their activities. In 2024, they were responsible for over half of the $2.2 billion lost globally to crypto theft. These attacks often involve…
How did a hacker spike Bitcoin by hacking SEC account?
In a recent high-profile case, an Alabama man was arrested for allegedly hacking into the Securities and Exchange Commission’s (SEC) X account. This incident has drawn significant attention due to its potential impact on the financial markets and the cunning…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
WazirX Hack 8 Days of Preparation and $235M Theft Impact
In the dynamic and often precarious world of cryptocurrency, security remains a constant concern. The recent hack of WazirX, one of India’s most prominent crypto exchanges, underscores the ongoing threats faced by the industry. This detailed exploration sheds light on…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Crypto Phishing Scams Surge with $71 Million Stolen in March
In the ever-evolving landscape of cryptocurrency, phishing scams have become a significant concern, with devastating financial consequences for individuals and organizations alike. Disturbingly, the month of March witnessed a staggering increase in the amount of stolen funds, reaching a total…
$4B Bitfinex Heist: Hacker’s Testimony Reveals Crypto Theft and Laundering
In a stunning turn of events, Ilya Lichtenstein, a hacker involved in the infamous Bitfinex heist, recently revealed the intricate details of the massive cryptocurrency theft that shook the world in 2016. Lichtenstein’s testimony during a money laundering trial shed…
Mt. Gox 200,000 Bitcoins May Reach The Market In 2 Months. If True, Will It Tank The market?
The rehabilitation trustee overseeing Mt. Gox’s civil rehabilitation process has initiated a critical phase – the confirmation of creditors’ Bitcoin addresses for repayments. This development marks a significant milestone in the saga, signaling a move towards closure for thousands of…