Tag: hackers

Jan 26 2023

Hackers Take Control Of Robinhood Twitter Account To Promote Fake Crypto

Jan 26 2023 Published at Bitcoinist.com under tags  bitcoin bsc crypto scam fake token hackers

Hackers broke through the social media accounts of Robinhood, a prominent US online trading platform, to peddle a fraudulent coin. The fake token is called RBH on the Binance Smart Chain. Wednesday, the account released a tweet announcing the debut of the suspicious coin on BSC, with an initial price of $0.005. An analysis...

Dec 12 2022

DeFi Lending Platform Lodestar Finance Loses $6.9M in Oracle Exploit

Lodestar Finance, an algorithmic borrowing and lending platform built on Arbitrum, has wound down its interest rates to zero after deposits on the platform were drained in an exploit on Sunday. Taking advantage of a faulty oracle developed by Lodestar, the hacker had manipulated the exchange rate of a token, “plvGLP” in order to depress its price relative to another, related token....

Nov 23 2022

Regulation, tracking may reduce BTC usage in Cybercrimes – Kaspersky

According to cybersecurity firm Kaspersky, crypto-related hackers will employ other cryptos as a source of payment in cybercrimes rather than Bitcoin (BTC) as regulation and tracking continues to increase. The ability of hackers to transfer money securely is predicted to be hindered as legislation and monitoring technology advance, making Bitcoin (BTC) a less attractive payment […] The post...

Nov 21 2022

AAX Shuts Out Derivatives, Hopes For Normal Return

Nov 21 2022 Published at Coinscreed under tags  aax crypto exchange news hackers hong kong

After suffering a cyberattack, the cryptocurrency exchange in Hong Kong is working toward the goal of raising sufficient funds to enable it to resume operations. The Hong Kong cryptocurrency exchange AAX announced in a statement that it would terminate off derivatives positions as part of its efforts to return to normal after a breach. The […] The post...

Nov 07 2022

Deribit Attack: Hackers move stolen Ether via Tornado Cash mixer

Following the $28 million Deribit hack, an unidentified hacker has transferred 1,610 ETH (worth over $2.5 million) to Tornado Cash, a decentralized cryptocurrency mixer. According to information from the Ethereum block explorer Etherscan, the Deribit hot wallet hacker sent 1,610 Ether, or almost $2.5 million, to Tornado Cash. The money moved over the course of […] The post...

Nov 02 2022

Deribit crypto exchange loses $28M in wallet hack

Following a $28 million hot wallet attack on Nov.1, cryptocurrency derivatives exchange Deribit has stopped accepting withdrawals. Before 00:00 UTC on November 1, Deribit exchange's hot wallet was compromised, the company announced on Twitter. The exchange highlighted that client assets are secure because Deribit's reserves cover losses, saying: “Client assets, Fireblocks or any of the […] The post...

Oct 25 2022

Hackers Exploit Typing Mistakes to Steal Cryptocurrency

Oct 25 2022 Published at Coinscreed under tags  android crypto hackers hacks and scams

Hackers used typos to infect Android phones and Windows PCs with malware. Hackers are obtaining personal information and keys from unsuspecting consumers via typosquatting, or establishing names that are similar to those of real companies, according to a Cyble investigation. A group of hackers took advantage of typing mistakes to put malware on Android phones […] The post...

QuickSwap Has Been Hit By a Flash Loan Attack

A flash loan attack has caused losses of $220,000 on the popular decentralized exchange QuickSwap operated by Polygon. The exchange was targeted by the assault. Flash Loan Attack Siphons Off Funds On Monday, hackers used a flash loan attack on a popular decentralized exchange (DEX) and stole $220,000 worth of cryptocurrency. The QuickSwap team talked […] The post...

Oct 14 2022

Bumper Year: Crypto Hackers Step Up With Record $3 Billion Theft This Year

Oct 14 2022 Published at Bitcoinist.com under tags  bitcoin btc btcusd crypto cryptocurrency

Crypto hackers surpassed the level of performance they did last year that enabled them to get away with $2.1 billion worth of cryptocurrencies, setting their own “all-time high” this 2022. With still over two months left before the year ends, these cybercriminals have already carted off with $3 billion worth of cryptocurrencies,...

Oct 13 2022

Hacker steals $117 million from Mango Markets

Mango Markets was the target of a significant attack in which the hacker allegedly stole a whopping $117 million from the Solana-based protocol. Mango Markets, situated in Solana, was the victim of a $117 million breach on Tuesday. On October 11th, the team tweeted that they were looking into the hack and suspending the cash […] The post Hacker steals...

Sep 23 2022

Revolut Fell For Social Engineering Attack, Data From 50K Users Exposed

It was Revolut’s turn. Another day, another data breach in the crypto world. About a week ago, someone inside the company’s headquarters fell for a scam. According to Revolut, the social hackers only had access to the data “for a short period of time.” And the breach only affected 0,16% of their clients. Not too bad, right? Well, apparently the attackers got 50K...

Sep 10 2022

Hackers Moved $500K Stolen Funds To Tornado Cash Undermining The Ban

The previously sanctioned crypto mixer app Tornado Cash used to increase the anonymity of crypto funds for privacy concerns, still is being used by hackers. Two blockchain security and research firms, Peckshield and Certik, have detected the transfer of stolen funds of the DAI Maker exploit that happened in August 2021 and lost...

Sep 05 2022

Hackers Mess With South Korea’s YouTube Channel To Play Elon Musk Crypto Video

According to local media sources, the official South Korean government YouTube channel was hacked on Saturday to show a video of SpaceX CEO Elon Musk discussing cryptocurrencies. Yonhap News reports that once the hackers gained access to this channel's controls, they renamed it "SpaceX Invest" to make it appear to be affiliated with Musk's aerospace manufacturing and space transportation services company. A spokesman...

Sep 01 2022

Hackers attempt to sell alleged stolen passport of Belarus leader

Sep 01 2022 Published at Coinscreed under tags  belarus hackers news

Belarusian hackers claim to have every citizen's passport info, including President Alexander Lukashenko's, allowing them to mint an NFT with his details. The Belarusian Cyber Partisans, a gang of hackers, have been attempting to sell a nonfungible token (NFT) with what they claim to be Alexander Lukashenko's passport information. The action, according to the Belarusian […] The post...

Aug 23 2022

How Did Deepfake Tech Drain a Brazilian Crypto Exchange Out of Liquidity?

A sophisticated scam using deepfake tech managed to drain liquidity from a Brazilian crypto exchange. In June 2022 the FBI issued a warning that fraudulant investment scams on LinkedIn is rising.

As LinkedIn is widely used for business networking, many find investment offers on the social media platform to be legitimate.

Sean Ragan, the FBI’s special agent in charge of the San Francisco and Sacramento...

Aug 22 2022

Ronin Hackers Transferred Stolen Funds To Bitcoin Network Using Privacy Tools

Hackers who drained around $625 million from the Ronin Bridge attack in March have transferred funds from Ethereum to the Bitcoin network using privacy tools. In order to hide their identity, cybercriminals, who are believed to be part of the North Korean cybercrime group, Lazarus, used the Ren protocol, mixers, and several centralized exchanges to move funds from one blockchain to another. ₿liteZero,...

Analyst outlines 8 crypto scams on Twitter

Aug 22 2022 Published at Coinscreed under tags  crypto scams hackers news twitter

Cybersecurity analyst Serpent in a 19-part thread outlined the sophisticated strategies scammers use for the most dastardly crypto scams and s well as non- fungible tokens' (NFT) currently active on Twitter. The analyst is the creator of Sentinel, artificial intelligence and community-powered crypto scams mitigation solution, and has 253,400 followers on Twitter. Serpent described how scammers […] The post...

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 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 12 2022

Bad Actor Drained More than 7,500 ETH Out of Uniswap LP Wallets

Hackers are becoming more sophisticated and employ different tactics to deceive investors. A method that becoming increasingly popular is a malicious airdrop.Initially it was believed Uniswap's protocols were exploited. It was later determined that a phishing attack drained approximately $8 million out of Uniswap's liquidity providers.Uniswap is a popular decentralized exchange (DEX) for Ethereum including tokens on the ETH mainnet.Harry...

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