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…
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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…
Celestia (TIA) Founder Shares His Past Hacking The Westboro Baptist Church
Key Highlights: Celestia founder, Mustafa Al-Bassam revisits his teenage hacking exploits. Shedding light on an exhilarating moment involving the Westboro Baptist Church during a live radio show. Mustafa Al-Bassam’s Journey: In an exclusive recount, Al-Bassam reminisces about his hacking days…
Cybercrime Exposé: Inferno Drainer’s Cryptocurrency Phishing Scam
Inferno Drainer, a notorious name in the realm of cybercrime, operated a sophisticated scheme from November 2022 to November 2023. This operation, masterminded by anonymous operators, established over 16,000 unique malicious domains. These domains were the cornerstone of a phishing…
$4 Million in Phishing Scams and Wallet Drainers in the Solana Blockchain
Recent weeks have witnessed a concerning surge in phishing activities targeting Solana cryptocurrency users. Notorious for their cunning, wallet drainers have siphoned off an alarming $4.17 million from nearly 3947 unsuspecting victims. This trend underscores the urgency for heightened vigilance…
Wallet Drainers: $295 Million Crypto Loss and Impact on 324,000 Victims
Wallet Drainers, a burgeoning type of cryptocurrency malware, have marked a significant footprint in the digital asset world. These malicious software programs, operating on deceptive phishing websites, lure unsuspecting users into authorizing transactions that siphon off funds from their digital…
DPRK’s Cyber Threat – Targeting Cryptocurrency Sector for Revenue Generation
In recent years, threat actors from the Democratic People’s Republic of Korea (DPRK) have increasingly targeted the cryptocurrency sector as a primary means of revenue generation, bypassing international sanctions imposed against the country. This trend has been observed since at…
Top 7 Crypto Exploits in November: A Surge in Breaches and Significant Losses in the Blockchain Sector
In the fast-paced world of cryptocurrencies, security breaches continue to pose significant challenges to the blockchain sector. November witnessed a surge in such incidents, and we present to you the top 7 biggest crypto exploits that unfolded during this eventful…