On-chain investigator links North Korean hackers to the Alphopo crypto theft and discovers an additional $37 million, raising the amount stolen to $60 million.
Hong Kong-based Mixin Networks, a decentralized exchange and cross-chain transfer network, was temporarily forced to suspend operations following a hack of its cloud database. The crypto company is offering a $20 million bug bounty for full return of the stolen funds.
BitMart crypto exchange was victimized with a total loss of about $196 million. BitMart has said that it will compensate victims of the crypto theft, but it is using its own internal estimate of $150 million in losses as a guideline.
Unknown hackers reportedly breached AT&T customer email accounts for months via an API security issue to conduct a massive crypto theft scheme estimated at nearly $20 million.
While cryptocurrencies have gone from red hot to full on meltdown in recent months, threat actors don’t show any signs of shying away from finding new and innovative ways to pursue this lucrative and relatively new financial category with increasingly complex and stealthy crypto-stealers.
The US Treasury Department has linked North Korea's state-sponsored Lazarus hacking group to the $625 million breach of the Ronin network. The crypto theft was the largest to ever happen to a DeFi platform in terms of unrecovered funds.
Inside sources at Sky Mavis claim that the record-breaking Axie Infinity crypto theft from the company's Ronin bridge in March stems from a fake job offer made to one of the company's senior engineers.
The FBI confirmed that North Korea’s state-sponsored hacking group Lazarus carried out the $100 million Horizon bridge crypto theft. The agency said it successfully stopped the transfer of some stolen assets and subsequently published wallet addresses with purloined cryptocurrencies.
Recent class action lawsuits filed against popular crypto exchange Coinbase accuse the service of cybersecurity failures in preventing crypto theft and misuse of fees that were ostensibly to be put toward safeguarding accounts.
The final amount of stolen crypto is still being tallied as investigations continue, but about 56 BTC (about $1.5 million) has been confirmed to be lost. General Bytes has over 15,000 bitcoin ATMs in circulation in over 100 countries.