The DOJ, the FBI, and the U.S. Secret Service have collaborated with private partners to execute the largest seizure of crypto assets related to pig butchering investment scams.
A crypto stealer malware, the first on the iOS App Store and also available on Google Play Store, leverages OCR and machine learning to steal crypto wallet secrets and passwords.
The Inferno Drainer malware that plagued the crypto world throughout 2023 ultimately compromised about 130,000 victims and stole about $87 million in total, according to a new report from Group-IB. It was part of a broader movement of "crypto drainer" services that some security experts believe is poised to become the next big thing in cybercrime in 2024.
The crypto world has been anticipating the approval of Bitcoin ETFs by the SEC. A group of hackers touched off premature celebration on Tuesday when they gained control of the SEC's X account, using the unauthorized access to post a fake approval message.
New report from Elliptic finds a major spike in cross-chain crypto laundering to $7 billion in the past year. North Korea's state-backed Lazarus group is a major driver, responsible for about 13% ($900 million) alone.
DeFi projects continue to be a popular target of attack for advanced hackers, as a number of finance pools associated with Curve were hit on July 31 for a total loss of about $61 million. The attack appears to have been the result of a vulnerability found in certain versions of the Vyper programming language.
A new study from Chainalysis finds that crypto crimes are proving more lucrative than ever for organized criminal gangs, but that illicit activity overall only saw a slight raise from its record low levels in 2021.
A strong recovery and resilience strategy will ensure that crypto and DeFi firms are able to rebound from cyber attacks with minimal disruptions to their operations, mitigating losses for their investors and users.
The Chinese hackers are distributing backdoored Web3 wallets, primarily targeting searches for Coinbase Wallet, imToken, MetaMask and Token Pocket, and are focused on both iOS and Android users.
A Reuters report indicates that popular cryptocurrency exchange Binance was pressured into handing user data over to the Russian FSB, but the company denies that the story is accurate.
