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…
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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…
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…