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…
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US Seizes Sinbad Crypto Mixer Linked to North Korean Hackers
The U.S. Department of the Treasury has taken a bold step, in sanctioning the Sinbad cryptocurrency mixing service. It stands accused aiding North Korean Lazarus hackers in laundering funds obtained through massive crypto heists. Understanding Sinbad: The Crypto Mixer in…
Nigerian Police Arrest Politician Linked to $246,153 Crypto Theft from Patricia Technologies
The Nigeria Police Force (NPF) has recently made a significant breakthrough in its investigation into the theft of over 200 million naira (approximately $246,153) from Patricia Technologies’ crypto wallet. The arrest of Wilfred Bonse, a politician, comes as a result…
North Korea’s Lucrative Journey: From Sanctions Suffering to Billions in Stolen Cryptocurrency
In March 2022, the world was shaken by a massive heist orchestrated by North Korean hackers, targeting a gaming company in Singapore. This audacious cyber attack highlighted the extent of North Korea’s involvement in cybercrime and its relentless pursuit of…
Justin Sun’s $10 Million Reward: A Effort to Reclaim $110 Million Stolen Funds from Poloniex
In a shocking turn of events, the renowned cryptocurrency exchange Poloniex fell victim to a major security breach, resulting in the loss of approximately $110 million worth of cryptocurrencies and Non-Fungible Tokens (NFTs) on November 10. However, Justin Sun, a…
Malicious actors are exploiting Ethereum’s ‘Create2’ function, resulting in the theft of $60 million from 99,000 victims in 6 months.
At our organization, we understand the importance of safeguarding your hard-earned cryptocurrency assets. Recent reports from Web3 anti-scam specialists at ‘Scam Sniffer’ have shed light on a concerning trend – malicious actors exploiting Ethereum’s ‘Create2’ function to bypass wallet security…
Cybersecurity experts – Nearly $1 Billion Crypto Stolen in 2023 Due to Exploits, Hacks, and Scams: Details Explained
In an increasingly digitized world, the crypto space has witnessed a surge in malicious activities, with hackers and scammers targeting unsuspecting victims and making off with their hard-earned digital assets. Recent data reveals that the month of August 2023 alone…
Singapore Court Uses NFTs to Track Hacked Crypto Assets
NFTs new tool for legal oversight In an unprecedented move, Singapore’s court has authorized using non-fungible tokens (NFTs) to track cryptocurrency funds linked to a major hack. By attaching these NFTs to specific wallets, the court has created digital markers…
Why Hackers Favor Binance’s BNB Smart Chain: The Rise of EtherHiding
In the dynamic landscape of cybersecurity, a new and potent menace, known as “EtherHiding,” has surfaced. Despite its misleading name, EtherHiding has minimal connections to the Ethereum blockchain. This cunning attack vector empowers malevolent actors to insidiously embed malicious code…
Stars Arena Faces a Massive $2.85 Million Security Breach
Stars Arena: Rising Popularity and Vulnerability Stars Arena, a social platform backed by Avalanche’s Contract Chain, has fallen victim to what they describe as a “significant security breach.” Launched recently, following the surge in popularity of Friend.tech, this social token-based…
