Category: hacking

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Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails

The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage yield (APY) for staked assets. Recipients are urged to avoid…
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Elliptic Study Finds AI-Enabled Crime in Cryptocurrency Remains in Early Stages

A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens featuring AI-related keywords such as GPT, Openai and Bard. Approximately 4,500…
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GCR’s Hack Possibly Tied to Solana’s CAT Coin Team, Onchain Sleuth Zachxbt Reports

On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested by onchain sleuth Zachxbt. Prior to the hack, an address linked to CAT’s team used funds from a manipulated token launch to open long positions in ORDI and ETHFI, accumulating over $30,000…
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Study: Financial Losses on BNB Chain Due to Hacks and Scams Fell by 85% in 2023

In 2023, financial losses on the BNB Smart Chain due to exploits or breaches fell by 85% to $161.1 million, according to the findings of a new Avenger DAO study report. The study data also shows that Q2 of 2023 was the costliest quarter, with approximately $69.5 million lost across 127 incidents. Scams Were the…
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Atomic Wallet Offers $1 Million Bug Bounty Amid Security Lawsuit

Source: Adobe / Ascannio Amid an ongoing class-action lawsuit related to a $100-million hack in June, the developer of Atomic Wallet has launched a $1-million bug bounty program aimed at identifying security flaws in its wallet software. In an announcement on December 18, the development team invited ethical hackers and security experts globally to scrutinize…
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Platypus Exploiters Acquitted of Wrongdoing in Landmark Case

Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that gave “more than it had to give.” Platypus Hackers Acquitted…
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Data Shows North Korean Lazarus Group Has Accumulated Bitcoin Valued Over $40M

The North Korean hacking group known as Lazarus Group reportedly has holdings of over $47 million in cryptocurrency, with the majority in Bitcoin (BTC). According to a report from the institutional crypto platform provider 21.co, wallets connected to Lazarus Group contain around 1,600 Bitcoin, 10,810 Ether (ETH), and 64,490 Binance Coin (BNB). In total, the…
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North Korean Lazarus Group amasses over $40M in Bitcoin, data reveals

The North Korean hacking collective has at least $47 million in cryptocurrency, including Bitcoin, Ether, BNB and various stablecoins, including Binance USD. North Korean hacking collective Lazarus Group holds a whopping $47 million in cryptocurrency, most of which is in Bitcoin (BTC), new data shows. According to data collated on Dune Analytics from 21.co, the…
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Hackers Exploit Windows Tool to Deploy Crypto-Mining Malware

Hackers have targeted a popular Windows-based software packaging tool to infect computers with crypto mining malware, IT security firm Cisco Talos Intelligence Group has revealed. The mining attack on computers happens through a Windows tool known as Advanced Installer, and the attackers have used the tool to package malicious code together with software installers from…
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Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal

On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded, Storm resolutely declared his innocence by pleading not guilty to the charges levied against him. Tornado…
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