The Mixin Network cross-chain protocol accounted for almost two-thirds of the crypto exploit losses in September. September has officially become the worst month in 2023 (so far) for crypto-related exploits — with a whopping $329.8 million in crypto stolen. On Oct. 2, blockchain security firm CertiK said the most significant contributor to the month’s totals…
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The founders of the cryptocurrency mixing service Tornado Cash were charged Thursday with allegedly helping to launder more than $1 billion in digital currency, including funds taken by North Korean hackers. Department of Justice: ‘You Can’t Hide From Us Behind a Keyboard — Whether You’re a Hacker or Facilitator’ Roman Storm and Roman Semenov were…
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The new service, called Economic Exploit Analysis, uses University of Toronto research and will work on any EVM-compatible blockchain. Blockchain security provider Quantstamp has launched an automated service to detect flash loan attack vectors in smart contracts. The new service is being called Economic Exploit Analysis and is based on research done at the University…
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Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP community responded, spreading awareness. Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days. CryptoLaw, an account created by the attorney representing over 76,000 XRP (XRP) tokenholders in the…
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The attacker used the lack of slippage control over tokens to steal the funds. Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack resulting in a significant loss of funds. According to blockchain security firm PeckShield, Jimbos Protocol — the…
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The US Internal Revenue Service will deploy experts next month to four continents to combat cybercrime, with a particular focus on tax and financial crimes that use cryptocurrency. That is part of a pilot program the IRS announced last week where “cyber attachés” will be sent to Sydney, Bogota, Frankfurt and Singapore from June to…
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Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers northwest of Manila, Philippines law enforcement has said. Michelle Sabino from the Philippine National Police Anti-Cybercrime Group said trafficking victims use social media platforms such as Facebook to lure unsuspecting individuals. Cryptocurrency Scams According to…
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The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures. Nine digital currency exchanges allegedly aiding and abetting cybercriminals had their domains seized by the United States Federal Bureau of Investigation and Ukrainian law enforcement. According to a May 1 press release, the FBI’s Detroit Field Office and the National Police of Ukraine…
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The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol. Multichain lending protocol Hundred Finance has experienced a significant security breach on the Ethereum layer-2 blockchain Optimism. According to the protocol on Twitter, the losses sit at $7.4 million. Hundred Finance announced the exploit on…
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The incident affected users who submitted a MetaMask customer service ticket between August 1, 2021 and February 10, 2023. The email addresses of some MetaMask users may have been exposed to a malicious party due to a recently discovered cyber-security incident. According to parent company ConsenSys, the incident affected users who submitted a customer support ticket…
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