Hackers shift to Bitcoin mixers amid regulatory crackdown on Tornado Cash
In a bid to avoid the tightening grip of regulatory authorities, malicious actors in the world of cryptocurrency are adapting their tactics. Recent findings from blockchain security firm CertiK reveal a significant shift in the methods employed by hackers to launder stolen funds. In 2023, more than $300 million in stolen proceeds from 50 of […]
New crypto threat: Hackers misuse Ethereum feature for fraud
In a concerning development within the cryptocurrency space, hackers have begun exploiting the Ethereum network’s CREATE2 opcode, bypassing security features in some wallets and leading to significant losses for investors. Blockchain security firm Scam Sniffer highlighted this issue, revealing a worrying trend among cybercriminals. The CREATE2 opcode, initially designed to predict a contract’s address before […]
The US OFAC sanctions Tornado Cash for connections with the Lazarus Group
One of the most popular crypto mixers, Tornado Cash, entered the payroll of risky websites according to the OFAC. According to reports, the crypto platform contributed more than $7B in laundering in 2019 when it was its official launch. Likewise, the mixer is accused of supporting major virtual criminals who the department investigates. Tornado Cash […]
Solana $8M hacking: what should Phantom wallet users do?
The Solana network has been hacked after a cyberattack discovered a means to obtain users’ private keys from some wallets. According to Peck Shield Alert, the attack cost customers around $8 million in losses, excluding one illiquid virtual currency. In the last few hours, a number of people have claimed on Twitter that all of […]
Celsius suffers Third-Party Data Breach as Phishing risks escalate
Celsius users should be alert for phishing scams after the Corporation disclosed that some of its client data had been compromised by a third party. Celsius customers were notified via email on July 26 that a list of their email addresses had been exposed by a staff of one of its corporate data management and […]
Crypto hackers broke into the Harmony server stealing around $100 million
Recently a crypto hackers group who possibly maintain their operations in the US attacked the crypto firm Harmony. The blockchain company reportedly lost around $100 million after a massive hack in the last hours. As interest in cryptocurrencies and Blockchain networks increases among US citizens or other territories worldwide, so are hacks against these companies. […]
Osmosis LP breached in a $5 million hack
Osmosis decentralized exchange succumbed to a breach losing about $5 million from its liquidity pool. According to the update, the hackers were able to discover a bug in the LP, using it to breach the platform. The bug was first discovered by a user on Reddit who brought it to the whole group’s attention. In […]
Chainalysis report: DeFi sector responsible for 97% of hacks
Chainalysis, a firm focused on the activities on blockchains has unveiled a new report looking into criminal activities in the crypto market. According to the on-chain analysis firm, most of the hacks carried out in the sector occurred in the Decentralized Finance market. Asides from the fact that money laundering activities have also skyrocketed, hackers […]
Near protocol: Hacker loses 2.5 ETH in failed hack
Near protocol escaped what would have been a massive hack after an hacker tried to breach the platform. The rampant nature of crypto hacks and scams has made life unbearable for most people as they are always on their edge when dealing in the market. Some people have chosen not to enter the market due […]
Uttar Pradesh Government’s Account ‘Temporarily’ Hacked, NFT Tweets Posted.
TL;DR Breakdown The Twitter account of the Uttar Pradesh Government was hijacked briefly by hackers this morning. This cyberattack joins the list of recently hacked Indian governmental Twitter accounts. The official Twitter handle of the Government of Uttar Pradesh – India’s most populous state – is reported to have been attacked by hackers this morning. […]
