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US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN List
8.8.2022
On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group. OFAC Sanctions Tornado Cash...
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
6.8.2022
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team...
Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions
5.8.2022
The top 100 DeFi tokens had a mixed price action over the past week, with many seeing a downturn after some bullish action last week
North Korea's Lazarus Hackers Blamed in DeBridge Finance Cyberattack
5.8.2022
Company co-founder Alex Smirnov warns all Web3 teams that the phishing campaign is likely widespread
Nomad announces $190 million bounty for lost funds from recent hack
5.8.2022
Nomad announced that it’s offering up to a 10% bounty to return funds stolen from the recent hack on the Nomad bridge on Aug. 2
Solana-hacked crypto could be claimed as a tax loss: Experts
5.8.2022
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
4.8.2022
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography...
Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield
3.8.2022
The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.”
Nomad reportedly ignored security vulnerability that led to $190M exploit
3.8.2022
The altcoins that were stolen in the Nomad bridge hack suffered as much as 94% decline in price after the exploit
Hackers Send Back $9M to Nomad Bridge After $190M Exploit
3.8.2022
Hackers that exploited the Nomad Bridge have sent around $9 million back to the protocol
Hackers Target Solana Wallets amid Bearish Wave
3.8.2022
Solana reported a hacking attack that compromised over 8,000 wallets while writing this post. The hacking attack is believed to have stolen around $7 million in funds in SPL, SOL, and other tokens. Most of the wallets targeted by the hackers were inactive for at least six months. The news adds...
Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm
3.8.2022
Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
2.8.2022
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain...
Pakistani Politician Imran Khan’s Instagram Account Used to Promote Crypto Giveaway Scam
2.8.2022
Imran Khan, a former prime minister of Pakistan and current chairman of one of the largest political parties in the country, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency giveaway scam. Imran Khan’s Instagram Account Hacked, Used...
Hacker drains $1.08M from Audius following passing of malicious proposal
24.7.2022
A malicious proposal (Proposal #85) requesting the transfer of 18 million Audius’ in-house AUDIO tokens worth nearly $6 million was approved by community voting
DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored North Korean Hackers
21.7.2022
The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorney General Lisa O. Monaco said, adding that the seized funds include ransoms paid...
NFT Hackers Attack: Influencer Zeneca and Platform PREMINT are the Latest Targets
20.7.2022
Non-fungible token (NFT) influencer Zeneca and NFT registration platform PREMINT are the latest targets of hacking attempts against the NFT community.
Zeneca's social media accounts were compromised on late Tuesday and linked to a fake airdrop for the influencer’s “Zen Academy Founders Pass,”...
US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government
19.7.2022
Deputy Attorney General Lisa Monaco said authorities relied on victims to report attacks "as soon as those crimes occur" to help recover funds
US Justice Department Seizes $500K in Ransom Payments and Crypto From North Korean Hackers
19.7.2022
Deputy Attorney General Lisa Monaco said the FBI has identified a new type of ransomware used by the state-sponsored hackers
Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment
12.7.2022
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British...