Tag: cybercriminals

Sep 24 2022

Pentagon Taps Inca Digital To Examine Crypto Risks To National Security

The Pentagon is spearheading a new program in order to deeply look into different types of cryptocurrencies and find out what kind of risks they could pose to national security and law enforcement, a Friday report published by The Washington Post disclosed. The Defense Advanced Research Projects Agency, the research and development arm of the United States Department of Defense, intends to examine...

Sep 20 2022

Hacker steals $3.3 million using Profanity’s vanity Ethereum addresses

Since the crypto industry expanded its growth, it has become the favorite place for hackers to commit exploits. The Ethereum vanity addresses generated via the Profanity tool have now become the latest loophole to dupe millions of crypto users. As per the market insights provider firm, Etherscan, Ethereum custom addresses created via the Profanity...

Sep 19 2022

Number Crypto Scams On YouTube Explodes 335% In First Half Of 2022

Crypto scams involving bogus giveaways have grown into a black market industry of sorts with several services designed to support fraudulent activities. Group-IB, a Singaporean cybersecurity company, revealed in a report that the incidence of cryptocurrency frauds involving phony domains, which are used as welcome pages for YouTube fraud streams, skyrocketed in the first half of this year. In the first six months...

Aug 11 2022

Hackers Have So Far Stolen $1.4 Billion This Year, Chainalysis Says

Hackers are enjoying brisk "sales" this year and the targets seem to be getting aplenty. According to a research, the web3 ecosystem suffered a "loss" of around $1.23 billion in the first quarter of 2022, Adrian Hetman, a tech lead at crypto security firm Immunefi, said. This figure accounts for any funds lost as a result of hacks and fraudulent activities. Hetman stated...

Aug 06 2022

Hackers From North Korea Seen As Culprits In DeBridge Finance Cyberattack

Hackers from North Korea has reportedly found a new victim in DeBridge Finance, a cross-chain interoperability and liquidity transfer protocol, multiple sources disclose, Saturday. Based on DeBridge's initial assessment, the attempted cyberattack likely originated from the notorious North Korean hacking syndicate, Lazarus Group. Several DeBridge team members received a faked email containing a PDF file titled "New Salary Adjustments"...

Aug 04 2022

Crypto Exchange ZB.com Reportedly Loses $4.8 Million To Hackers – Here’s What We Know

Crypto exchanges have become popular for enabling consumers to purchase, sell, swap, and store digital assets. However, research has shown that exchanges have been easy prey for hackers, especially as the popularity and price of specific crypto currencies has skyrocketed. Typically affecting thousands, if not millions, of users and resulting in the theft of hard-earned assets, crypto exchange hacks are exceptionally destructive. The...

Jul 20 2022

FBI Raises Alarm On Crypto Cyber Fraud, Says $42.7 Million Lost Since December

The Federal Trade Commission (FTC) issued a consumer alert last month regarding the growing risk of crypto frauds. The FBI is now adding its voice to the chorus by issuing its own warning. FBI Cautions Against Crypto Scam Apps The agency is alerting banks and investors about an eight-month period of increased cybercrime activity involving phony bitcoin apps. A report released on July...

Jun 30 2022

North Korean Hackers Suspected Of Perpetrating $100 Million Harmony Attack

Jun 30 2022 Published at Bitcoinist.com under tags  bitcoin cybercriminals ransomware

North Korean hackers are being pointed at as the brains behind last week’s $100 million crypto attack at an American company, multiple news outlets reported Thursday. The Lazarus Group, a notorious hacking group with apparent ties to the North Korean government, has been pinpointed as the main suspect in the recent attack on the Harmony...

Jun 29 2022

North Korea Retains Lead In Crypto Crimes, Over $1.5 B Stolen

Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-oriented businesses by North Korean hackers have set it at the top of the list of five leading countries in crypto crimes 2022, per the report of Coincub...

Jun 27 2022

Harmony Dangles $1M Reward For Return Of $100M Stolen Funds – Is It Enough?

Harmony Protocol wants its money back. Seriously - and without any charges. Harmony has offered a $1 million bounty for anyone who can provide information that can lead to the retrieval of the stolen funds from the hack of its Horizon bridge. The company disclosed on June 24 that a hacker infiltrated their Horizon bridge firewall and carted off with an easy $100...

Jun 07 2022

Adyingnobody Promises To Reveal The Crypto Industry’s Biggest & Nastiest Secrets

If Adyingnobody is for real, this will be the biggest story of the year. But this has to be fake, right? The whole scenario sounds too much like the plot of a James Bond movie. What if, though? If Adyingnobody is for real, this will shake the crypto market like a hurricane. As the pseudonymous whistleblower wrote, it “will likely tear a rift...

May 08 2022

Wanted: Conti Hackers – US Dangles $15 Million For Info On Russian Cybercriminals

The United States offered a reward of up to $15 million for information on the Russia-based cybercrime organization Conti, which has been accused of cyber- extortion attacks around the globe, State Department spokesman Ned Price said. The Conti hacker organization, one of the most successful and vicious Russian ransomware groups, has been responsible for hundreds of ransomware attacks over the past two years, according...

Aug 23 2021

Coinbase To Deploy Phone Support To Customers Suspecting Fraud

There has been a lot of compromise in the crypto industry, that Coinbase has decided to take that fight against criminals to a new level. Even top protocols have lost funds running into millions to cybercriminals. In light of this, key players have made many attempts in the sector to strengthen security. However, hackers always find loopholes and bugs to exploit and steal....

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