Kaito AI and its founder, Yu Hu, faced a cyberattack on March 15, as their X social media accounts were hacked. Hackers used the breach to spread false claims about issues with KAITO token wallets, causing the token price to drop by nearly 10% before rebounding. Hackers posted misleading warnings
Recently it made progress by freezing $3 million in stolen USDT, but its recovery efforts hit a roadblock due to controversy surrounding Jason Kardachi. He has been a key figure in WazirX’s restructuring plan but is now facing a legal ban in Singapore, raising concerns about his role. Why is
Earlier today, Hong Kong chief executive John Lee’s account was hacked to promote a fake cryptocurrency. Scammers promoted a fake cryptocurrency called “National Hong Kong Coin” impersonating John Lee. The government clarified that there is no such coin and traders must be aware of this scam. In the Asian morning
The Bybit hack took a new turn as on-chain data tracker Ember reported that the hacker launched all the funds. Meanwhile, Bybit CEO Ben Zhou shared an executive summary on stolen funds. Out of the total stolen funds, 77% of them are still traceable, 20% of them went dark, and
Another update regarding the Bybit hack is making rounds across the media. The hacker who stole $1.5 billion worth of Ethereum from Bybit has already made 20% of it disappear. Hackers are using advanced tactics to perform social engineering hacks and money laundering. Thus, crypto firms and exchange platforms must
The crypto market is facing serious challenges with uncertain macroeconomic conditions. Trump’s election brought a renewed hope into the market in 2024 and led to a short bull run by the end of the year. However, with the new tariffs and several US states rejecting Bitcoin reserve bills, the market
It is just the second month of 2025 and the crypto universe witnessed another massive hack. Decentralized money lending protocol zkLend was hacked and lost over $4.9 million in assets. On February 12, blockchain security firm Cyvers revealed in their X post that ZkLend was exploited on the Starknet network
Solana DEX aggregator Jupiter’s X account has been compromised to promote fake memecoin. Jupiter Mobile’s X account announced the official update. On Thursday, the platform team announced that the hackers had compromised the main Jupiter exchange account. They warned the users not to click on any link. In addition, the
Nasdaq is one of the reputed stock exchange platforms and financial services corporations in the US. Despite being a renowned firm, it couldn’t avoid social media hackers from hacking its official X account. When a hacker compromised its account and promoted STONKS memecoin, its market capitalization skyrocketed. As per the
A sophisticated phishing operation targeting cryptocurrency holders has emerged, using convincingly crafted Zoom meeting invitations as its vector of attack. The campaign, uncovered by SlowMist’s security team, demonstrates how hackers are leveraging the widespread use of video conferencing platforms to distribute malware capable of stealing substantial crypto assets. The Russian
