Another day, another scam in the crypto planet. Hackers have carried out an elaborate cryptocurrency scam via hacked YouTube channels to advertise malicious trading bots. Cybersecurity researchers have reported that the scheme has stolen more than 256 Ethereum tokens, worth about $939,000. Scammers Use Aged YouTube Accounts to Build Credibility
The largest crypto exchange, Binance, publicised yesterday that its Financial Intelligence Unit (FIU) backed Philippine law enforcement in knocking down a sophisticated kidnapping-for-ransom function, including $3.75 million laundered via cryptocurrency. The bad actors transferred ransom payments via casino junket operators before scattering the funds across virtual-asset channels. The collaboration of
A DeFi platform on the BTC Network, Alex Protocol, has introduced a Treasury Grant Program to reimburse users impacted by the latest hack that led to more than $8 million in losses. On June 8, the platform’s announcement mentioned that the program will offer financial backing via a combination of
BitMEX just caught the Lazarus Group trying to break into their systems. The same hackers behind a bunch of shady phishing scams linked to North Korea. This time, BitMEX’s security team was on it fast and shut things down before it got ugly. But instead of just blocking the attack
Another day, another scam attempt in crypto verse. A group of hackers attacked Solana co-founder Raj Gokal and his sensitive data was posted on the Instagram account of Migos. The post reaching the group’s 13 million followers. The Attempt To Extort Money Failed On Monday evening, attackers took over Migos’
Festo Ivaibi, the founder of a pivotal educational hub for Africans, Mitroplus Labs, has become a crypto figure to lost his capital to criminal gangs and has been abducted. The gang demanded a capital worth $500,000 with access to the crypto wallet of the founder. They posed as Ugandan security
An Alabama man, Eric Council Jr., has been sentenced to 14 months in prison for his role in the January 2024 hack of the SEC’s official X account. The hack led to a false post claiming the SEC had approved spot Bitcoin ETFs, causing rapid market fluctuations. Council, 26, from
DOJ has filed additional charges against 12 individuals involved in a wide-ranging crypto crime operation. The group is accused of stealing $263 million, including 4,100 Bitcoin, from a Genesis creditor in August 2024. These charges, announced on May 15, extend the original indictment filed against Malone Lam in September 2024.
A decentralized liquidity pool, Curve Finance has changed its official web domain from Curve.fi to Curve.finance after a DNS hijack that opened the way to a phishing attack. A spokesperson of the platform revealed that the new domain is safer to use. He also made clear that all the funds
Hackers drained $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain early on May 11. The exploit targeted a critical vulnerability, according to a statement from blockchain security firm Cyvers Alerts. At 07:31:38 UTC, the attacker deployed a malicious contract from address 0xb32a53. Just two minutes later,
