$7.8 Billion Lost to Crypto Ponzi Schemes in 2022: Report
TRM Labs, a leading blockchain analysis firm focused on preventing cybercrime, has released a comprehensive report on the illicit sums lost to bad actors in the crypto space in 2022.…
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Man Involved in Twitter’s Infamous 2020 Hack Bags Five Years Jail Term for Crypto Theft
Joseph James O’Connor, a U.K. citizen and one of the perpetrators of the 2020 Twitter hack, has been sentenced to five years in prison for his role in several cybercrime…
Atomic Wallet Hackers Continue Laundering Funds Through Binance, KuCoin, Huobi
Hackers who targeted Atomic Wallet earlier this month are laundering large sums of stolen XRP through centralized exchanges, on-chain data shows. According to xrpforensics on Twitter, the hackers began “heavily…
Atomic Wallet Hackers Take Advantage of THORChain to Hide $35M
After making off with $35 million worth of ill-gotten crypto, the hackers who targeted Atomic Wallet earlier this month have covered their on-chain tracks using the cross-chain liquidity protocol THORChain.…
Crypto Broker FPG Exploited to the Tune of $20 Million
Following a security breach that took place on Sunday, Floating Point Group – a crypto broker with $50 billion in assets under management whose primary clients are institutional investors –…
DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K
Sturdy Finance – a DeFi project promising up to 10x leverage on staked assets – has been exploited by a hit-and-run attack on its pricing oracle. Although the amount stolen…
Atomic Wallet Hacker Funnels Stolen Crypto to North Korea-Tied Coin Mixer: Elliptic
The stolen funds from the Atomic Wallet hack have been traced to a coin mixer used to launder crypto assets swiped by North Korea’s notorious Lazarus Group. Nearly $35 million…
Over $35 Million Reportely Stolen From Atomic Wallet Users
The week started on a grim note following the large-scale theft of digital assets from Atomic Wallet users resulting in a six-figure loss across different chains. Distraught users have taken…
Crypto Rug Pull Losses Outpaced DeFi Exploits in May: Report
A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams and rug pulls was higher than the amount stolen from…
Atomic Wallet Hacked: Largest Victim Reportedly Lost 2.8M USDT
The non-custodial decentralized crypto wallet Atomic Wallet – with a reported user base of over five million customers – said some of its users complained about having their digital assets…
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