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Kim Jong Un-Led North Korea Has Found The Crypto Industry An Easy Target, Former FBI Agent Says Hacks Part Of 'Grand Internal Vision'
Friday, July 19, 2024 - 7:55am | 688On-chain sleuths have linked the latest attack on Indian cryptocurrency exchange WazirX to North Korea-based cybercriminals, the latest in a series of coordinated attempts by groups present in the East Asian nation to bleed the growing industry. After blockchain analytics firm Elliptic's...
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Notorious North Korean Hacker Group Lazarus Suspected Of Laundering $35M From The Infamous $305M DMM Bitcoin Heist
Monday, July 15, 2024 - 3:36am | 546In a major revelation, the notorious North Korean hacker group, Lazarus, is suspected of laundering over $35 million from the infamous hack of Japanese cryptocurrency exchange DMM Bitcoin. What Happened: According to on-chain detective ZachXBT, the hackers behind the $305 million exploit allegedly...
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Massive $200M Theft In Popular Web3 Game Drives Crypto Hack Losses Beyond $1B This Year
Tuesday, May 21, 2024 - 4:59am | 759Web3 game Gala Games fell victim to a $214 million hack on Monday, causing its native token Gala (CRYPTO: GALA) to plummet in the aftermath. What Happened: An unscrupulous player exploited a loophole on the platform and ended up minting a staggering 5 billion GALA tokens, worth $214 million at the...
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HECO Breach Sees $86M In Ether, Shiba Inu Vanish: Tron Will Cover Losses, CEO Says
Wednesday, November 22, 2023 - 1:52pm | 388More than $86.6 million in cryptocurrencies were illicitly moved from the HECO Chain bridge to questionable addresses, indicating a possible ongoing breach of the bridge. Tron's (CRYPTO: TRON) founder Justin Sun has assured that HTX will cover all losses users suffered due to this security...
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Fantom Foundation Wallets Hacked: $657,000 Gone In A Flash
Tuesday, October 17, 2023 - 5:49pm | 363Fantom (CRYPTO: FTM) blockchain's foundational wallets have reportedly experienced a significant breach, according to blockchain security expert Certik. The breach led to the loss of $470,000 from their FTM wallet and $187,000 from the Ethereum (CRYPTO: ETH) platform, causing a subsequent...
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Cyber Attack On CoinEx Results In $27M Stolen, Exchange Suspends Withdrawals Temporarily
Wednesday, September 13, 2023 - 10:19pm | 756Cryptocurrency exchange, CoinEx, has ceased withdrawals temporarily in response to a suspected cyber-attack which could have resulted in a loss of approximately $27 million, as reported by Decrypt. What Happened: On Tuesday, multiple cybersecurity firms noticed unusual activities on the...
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Unstoppable Crypto Heists? 41 DeFi Platforms Fall Victim To Deadly Art Of Oracle Manipulation
Friday, March 10, 2023 - 12:48pm | 417DeFi protocols lost $386.2 million in 41 separate oracle manipulation attacks in 2022, according to a recent research report. These attacks occur when bad actors manipulate the price oracles that DeFi protocols use to ensure assets on their platforms are priced in accordance with the wider...