Crypto heist

The Federal Bureau of Investigation (FBI) has arrested two people suspected of stealing and laundering over $230 million in Bitcoin (CRYPTO: BTC). What Happened: Malone Lam and Jeandiel Serrano were taken into custody on Wednesday night, according to a press release by the U.S. Department of...

Cross-Chain Router Protocol Multichain has issued an urgent warning to its users after approximately $126 million worth of cryptocurrencies were drained from its platform. The service has suspended operations, with all bridge transactions currently stuck on the source chains. The company...

In a significant security breach, cross-chain bridge Poly Network has been exploited. What Happened: The attacker reportedly pocketed about $10.1 million worth of Ethereum (CRYPTO: ETH), or 5,196 ETH, marking a significant hit to the platform. The attack has affected 57 assets on 10...

Avraham Eisenberg, a trader involved in a staggering $110 million cryptocurrency theft, will stand trial in a New York court on Dec. 4. U.S. District Judge Richard Berman in Manhattan announced the trial date for Eisenberg, who faces charges including commodities fraud, commodities...

Sturdy Finance, a decentralized lending platform, has put forth a $100,000 reward in an effort to retrieve the 442 Ether (CRYPTO: ETH) (equivalent to $800,000) that was illicitly drained from the platform on Monday. The founder of Sturdy Finance, Sam Forman, validated the offer through a tweet in...

Bankrupt cryptocurrency exchange FTX is making strides to recover some customer funds that were allegedly misused. The company submitted a motion on Wednesday to reclaim $460 million in assets for its stakeholders. The funds are expected to be retrieved from Modulo Capital, a Bahamas-based hedge...

Decentralized lending protocol Euler Finance (CRYPTO: EUL) announced a $1 million reward for information leading to the arrest of the individuals behind the recent exploit that resulted in the loss of nearly $200 million. In a message sent via on-chain messages from Euler's deployer...