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
The Chief Executive Officer of Hacken, Dyma Budorin, claims that crypto firms are still not serious about cybersecurity, despite big hacks such as the $1.4 billion hack of Bybit. He further added that the industry continues to be dependent on restricted steps like bug bounties and penetration tests. Instead of
Crypto exchange eXch will stop offering its products and services starting from May 1 this year due to allegations of money laundering. The firm was accused of being involved in laundering the funds stolen from the recent $1.4B Bybit hack. As per its latest notice released on April 17, the
Decentralized exchange KiloEx has been hit by a major security breach, leading to a loss of around $7.5 million. The team confirmed the exploit early on April 15 during Asian trading hours and has since suspended all platform activity to contain the damage. In a public update, KiloEx said they’re
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
