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Crypto thieves score big on centralized services, private keys in 2024

[Dec 19 1:00 PM] Crypto hackers had a busy year in 2024, and cybersecurity experts warn that continued advances in artificial intelligence could bring new attack vectors in 2025.

Cardano Foundation X account hacked, scam links posted, then removed

[Dec 8 6:17 PM] The Cardano Foundation joins a long list of entities falling victim to X account hacks, including the Securities and Exchange Commission.

Crypto phishing scams to rise during holiday shopping season — Cyvers

[Dec 3 1:37 PM] Losses to crypto phishing scams fell 53% in November, but the Christmas holiday shopping season presents new opportunities for hackers.

Spectral Labs identifies Syntax vulnerability, pauses contracts

[Dec 1 8:18 PM] According to Immunefi, year-to-date losses from crypto hacks, exploits, and scams have topped $1.4 billion as of November 2024.

North Korean hackers expand social engineering operation to IT firms: Report

[Nov 28 9:05 PM] The government of North Korea (DPRK) has reportedly employed various hacking groups, most notably the Lazarus Group, to seal crypto in recent years.

Backpack Wallet, Blockaid prevent $26.6M loss from DeFi attacks on Solana

[Nov 15 8:43 PM] Blockaid scanned over 180 million transactions of Backpack’s users between June and September, detecting more than 71,000 malicious activities on the Solana network. 

North Korean hacker BlueNoroff targets crypto firms with new malware

[Nov 8 7:28 PM] According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017.

WazirX plans on launching a decentralized exchange

[Nov 6 8:05 PM] WazirX founder Nischal Shetty also announced the upcoming introduction of staking services to the centralized cryptocurrency exchange.

Meta opens Llama AI model up to US military

[Nov 5 5:10 AM] Meta said sharing open-sourcing AI tech within the US and with its allies will play a role in helping it preserve the “technological edge” over China and other competitors.

FINRA Warns Member Firms of Metaverse Adoption Challenges

[Oct 27 10:30 AM] The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the…

Bitfinex wallet hacker returns most of the $20 million back to US gov’t

[Oct 25 5:04 PM] According to security firm CertiK, crypto losses in Q3 2024 are up 9.5%, with more than $750 million in total funds stolen by threat actors.

Radiant Capital hacker compromised developers’ devices — post-mortem 

[Oct 18 4:41 PM] Attackers of Radiant Capital compromised the devices of at least three core developers through a malware injection, the company confirmed.  

Researchers hack AI-enabled robots to cause ‘real world’ harm

[Oct 18 6:01 AM] Penn Engineering researchers said they created an algorithm that bypassed normal safety protocols stopping AI-powered robots from performing harmful actions. 

Ambient Finance website hacked, team warns users to wait for fix

[Oct 17 4:25 PM] In 2024, malware spread through the Python Package Index, text messages, fraudulent macOS programs and even automated email threads.

Scientists breach cryptographic algorithms with quantum computer: SCMP

[Oct 14 3:07 AM] Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack.

Crypto-stealing malware discovered in Python Package Index — Checkmarx

[Oct 11 9:57 PM] According to cybersecurity firm Hacken, financial losses from crypto hacks topped $440 million in the third quarter of 2024.

US agency warns against crypto-hungry Trinity ransomware

[Oct 7 11:39 AM] The United States Health Sector Cybersecurity Coordination Center said at least one health-care entity in the US has been hit by Trinity ransomware.

US gov files complaints to seize assets from North Korean hackers

[Oct 6 9:45 PM] According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024.

User loses $32 million spWETH in a sophisticated phishing attack

[Sep 28 9:41 PM] According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.

Email auto-reply vulnerability allows hackers to mine cryptocurrency

[Sep 25 10:42 AM] Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users' systems to mine cryptocurrency without their knowledge.

MoneyGram admits ‘cybersecurity issue’ behind dayslong outage

[Sep 25 3:21 AM] MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later.

Indian Supreme Court recovers YouTube account from XRP scammers

[Sep 21 1:24 PM] XRP scammers hacked the Supreme Court of India’s YouTube account, and although it was recovered, it lost its subscriber base.

BingX confirms the resumption of withdrawal services following hack

[Sep 20 9:53 PM] Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

Making crypto mainstream requires greater efforts to stop fraud

[Sep 19 10:59 PM] One of the greatest use-cases of blockchain technologies is the ability to improve security and counter malicious actors, but we need to get serious about it.

US prosecutors oppose Mango Market exploiter's motion for acquittal

[Sep 19 9:48 PM] Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.

Ethena domain registrar hacked, Ethena Labs warns users to stay away

[Sep 18 6:07 PM] The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform. 

Delta Prime attacker stole $6M by minting massive number of tokens

[Sep 16 2:30 PM] The exploiter minted over 115 duovigintillion USDC deposit receipts but then redeemed only $2.4 million worth.

Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

[Sep 15 4:11 PM] An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency…

Attacker drains $1.4M from CUT token pools via mysterious unverified contract

[Sep 11 12:13 PM] An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.

AI deepfake attacks will extend beyond videos and audio — Security firms

[Sep 10 8:24 AM] AI-powered deepfake scams targeting crypto wallets are rising, with experts warning of evolving threats and urging users to protect their digital assets.