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,
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
