Hack

Binance Aids Philippines in Busting $3.75M Crypto Ransom Scheme

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

June 14, 2025 2 mins read

Alex Protocol Launches Treasury Grant After $8.3M Hack

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

June 9, 2025 2 mins read

BitMEX Disrupts Lazarus Group Hack Attempt, Exposes Hacker Details

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

May 31, 2025 3 mins read

Hackers Expose Solana Executive’s Personal Data Through Migos Breach

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’

May 27, 2025 2 mins read

Mitroplus Labs Founder Kidnapped in $500K Crypto Ransom Plot

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

May 20, 2025 2 mins read

SEC X Account Hacker Sentenced to 14 Months for Fake Bitcoin ETF Tweet

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

May 18, 2025 2 mins read

US DOJ Charges 12 More in $263M Bitcoin Theft and Laundering Case

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.

May 16, 2025 2 mins read

Curve Finance Shifts to New Domain After DNS Hijack Incident

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

May 14, 2025 2 mins read

Lazarus Hack Group Launders $1.95M in Ethereum via Tornado Cash

Mobius Token Hit by $2.15M BNB Chain Exploit as DeFi Security Concerns Grow

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,

May 11, 2025 1 min read

LockBit Breach Exposes 60,000 Bitcoin Addresses in Major Leak

Hackers recently violated the dark web affiliate panel of Lockbit’s ransomware infrastructure, leading to a massive leak of around 60,000 Bitcoin addresses associated with the group. After the hack, a MySQL database dump was shared publicly online. The database dump consisted of crypto-associated information, helping blockchain analysts to trace the

May 8, 2025 2 mins read