• security

Scammer Uses Sam Bankman-Fried X Reappearance to Launch Fake Memecoin

Sam Bankman-Fried's return to social media sparked a fake memecoin launch amidst rising memecoin scams, contributing to a bearish sentiment in the crypto market.

• security

U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack

U.S. authorities seized $31 million in crypto linked to the 2021 Uranium Finance hack, providing hope for victims nearly four years after the incident.

• security

Pig butchering scam leads to $1.4m crypto seizure by Virginia police

Loudoun County police seized $1.4 million in cryptocurrency linked to a pig butchering scam, highlighting the focus on cybercrime and warning residents against fraudulent investments.

• security

WhiteBIT’s $150M crypto shield: unmasking the exchange’s fight against digital crime

WhiteBIT successfully secures over $150 million in at-risk cryptocurrency, showcases its role in preventing cybercrime, and highlights proactive measures against digital threats.

• security

Crypto Platform Coin Zx Associates Arrested in Mumbai for Cheating Investors

Mumbai police investigate Coin ZX for a $23 million scam involving false cryptocurrency investments, disrupting victims nationwide and linking to broader issues of crypto fraud in India.

• security

Bybit hack raises fear of criminal prosecution for negligent crypto leaders

Bybit's $1.4 billion hack reveals ongoing struggles in crypto security, leading services to combat money laundering and compliance with regulations amid allegations of hacker association with North Korea.

• security

Bybit attack shows ‘fundamental’ need for institutional-grade security: Ledger

Bybit's significant hack raises concerns about security measures in the cryptocurrency industry, urging a shift toward enterprise-grade security solutions to combat evolving threats from attackers.

• security

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

Infini suffered a $49.5 million hack due to retained admin rights in its smart contract, offering the hacker a 20% reward for returning funds while promising to cover losses personally.

• security

Bybit hacker swaps $3.64M to DAI via decentralized exchanges

• security

Bybit Hacker Uses THORChain to Move Stolen Funds and Evade Crypto Freezing Efforts

The Bybit hacker refines laundering methods using THORChain and OKX DEX, converting stolen assets into non-freezable DAI while exploiting decentralized platforms, posing challenges for security teams.