Breaking News: HACKS – Market Insights, Analysis & Latest Updates

Funds lost in pig butchering crypto scams soared 40% in 2024: Chainalysis

In 2024, pig butchering crypto scams surged, targeting more victims and utilizing AI tools, with Huione Guarantee emerging as a key facilitator for these illicit activities.

theblock.co • 14/02/2025 - 08:08 AM

The Daily: Trump to tap a16z's Brian Quintenz for CFTC chief, Elon Musk-related memecoin dumps and more

President Trump plans to nominate Brian Quintenz, head of global policy at venture capital firm a16z crypto, to chair the Commodity Futures Trading Commission, Bloomberg reported, citing a document sent by the White House to Capitol Hill. Elon Musk’s latest profile change on X to “Harry Bōlz” triggered another memecoin pump-and-dump frenzy.

theblock.co • 12/02/2025 - 17:31 PM

Starknet-based zkLend seeks return of over $8 million in ETH stolen from platform

ZkLend, a lending protocol on StarkNet, was hacked for over $9 million, requesting the hacker return 90% of the funds while offering a 10% reward.

theblock.co • 12/02/2025 - 05:28 AM

HACKS

Solana DEX aggregator Jupiter’s X account hacked, promotes fake memecoin

Jupiter's social media account was hacked, promoting scam cryptocurrencies. Traders reportedly lost millions before the account was addressed, highlighting security issues in crypto platforms.

theblock.co • 06/02/2025 - 02:49 AM

Ransomware extortion drops 35% in 2024 amid crypto exchange crackdowns and increasing refusal to pay: Chainalysis

Ransomware payments reduced by 35% to $813 million in 2024, with more victims resisting payments amid effective law enforcement actions and international cooperation.

theblock.co • 05/02/2025 - 13:00 PM

Crypto kicks off 2025 with $74 million lost to hacks in January: Immunefi

In January 2025, the crypto industry lost $73.9 million due to 19 hacking incidents, with BNB Chain being the most targeted network.

theblock.co • 30/01/2025 - 14:01 PM

NoOnes CEO Ray Youssef discloses $8 million exploit weeks after the fact, confirming crypto sleuth ZachXBT's investigation

NoOnes, a P2P crypto trading platform, lost $8 million in a security breach resulting from an exploit of its Solana bridge, as confirmed by CEO Ray Youssef.

theblock.co • 24/01/2025 - 21:09 PM

North Korea hack group possibly behind $70 million Phemex exploit, experts say

North Korean hackers are suspected of exploiting the Phemex crypto exchange, stealing over $70 million through a complex, coordinated attack across multiple blockchain platforms.

theblock.co • 23/01/2025 - 23:11 PM

HACKS
TOKENS

Nasdaq’s official X account was seemingly hacked to promote a fake memecoin

Hackers compromised the Nasdaq account to promote a fraudulent memecoin called STONKS, leading to an $80 million market cap before crashing amidst ongoing scam token patterns.

theblock.co • 23/01/2025 - 04:02 AM

Illicit use of blockchains represents just 0.4% of total crypto volume, TRM Labs finds

Crypto crime is declining, particularly on TRON, which sees increased law enforcement efforts, while some crime areas, like ransomware, show growth, emphasizing a need for collaboration.

theblock.co • 16/01/2025 - 19:07 PM

Currency