Security news
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Ledger investigates wallet drains involving CryptoBilis buyers; estimate tops $86 million in losses
Ledger said it is investigating reports of fund losses from users in Southeast Asia who bought its products from reseller CryptoBilis.
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Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen
The hardware wallet maker said it is investigating devices sold by a Southeast Asian reseller as social posts swirl about crypto assets drained from Bitcoin, Ethereum and Tron addresses.
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China releases three-part documentary on pig butchering
The Chinese government has released a two-hour, three-part series, designed to expose more of the public to the horrors occurring via pig butchering scams on the southern border. The scams have become a serious issue in China, with scam call centers in the country increasingly relyings on Chinese...
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DWF Labs subsidiaries sue BitGo for $141 million over alleged token lock-up breach
DWF is seeking $114 million in damages on the basis BitGo’s token sales resulted in direct losses through the fall in tokens' prices.
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SIM-Swap Fraudster Who Spent Stolen Crypto on Gold Grills and Dubai Trips Jailed
Ajay Shinjin helped steal nearly $265,000 in crypto after criminals hijacked BT customers' phone numbers in November 2021.
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Crypto projects apply for Anthropic’s new frontier AI security scanner
Anthropic’s new opt-in service promises vulnerability reports from its strongest AI models, including Claude Mythos.
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US Government Moves $1 Billion in Bitcoin Seized From Bitfinex Hacker
A government wallet holding Bitcoin seized from the Bitfinex hacker sent 12,267 BTC to a new, unlabeled address, according to Arkham data.
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U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet, no sale indicated
Arkham data shows the 12,267 BTC went to unlabeled wallets rather than an exchange, a day after $383 million hit Coinbase Prime.
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US government moves $1B in seized Bitcoin after $770M transfers
Blockchain analysts identified the US government wallet tied to the recovery of funds from the Bitfinex hack.
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Crypto lending rises again… but have they solved the risks?
Crypto lending has risen by 55% since July, but now has to deal with the dangers of AI assisted hacks, and risks cascading through interlinked protocols. Here’s how to stay safe.
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Uranium Finance Hacker Who Bought Pokémon and Magic Cards Convicted Over $50M Theft
Jonathan Spalletta also spent stolen crypto on a Roman coin marking Julius Caesar's assassination and moon-flown Wright brothers fabric.
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Threat Intelligence | Analysis of a Malicious Bookmark Phishing Attack Targeting Fomo Users
1. Background Recently, the SlowMist security team received a request for assistance from a Fomo user. The user reported that while viewing the details of the MOONLET token on the Fomo web interface, they clicked the project website entry displayed on the page and were redirected to voltage.family....
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SecondFi offers $8 for every unrecoverable NFT lost in $21M hack
Cardano wallet firm SecondFi finally launched a recovery portal for victims of the neo-finance platform’s $21 million hack , but will only pay roughly $8 for every unrecoverable NFT taken. SecondFi says victims looking to recover their assets will be assessed with an “incident snapshot” based on...
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Hackers Used AI Agents to Raid a Megachurch's Database, Exposing 850,000 Members
Seoul's Yoido Full Gospel Church says data on 850,000 members may be compromised, and a security firm found signs AI helped run the attack.
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Black Thursday revisited: MakerDAO keeper exploited for $500K
A legacy MakerDAO auction-keeper contract has been exploited for over $500,000, with the exploit reaching back to Black Thursday in 2020. Specifically, a CertiK analysis details how an attacker was able to remove 200 ETH from a contract described as a “legacy auction-keeper.” This auction-keeper...
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Hunter Biden confirms LAPTOP token ‘not a rug pull,’ just trolling Trumps
“Trump’s coin was max extraction, and I wanted to troll every grift like it,“ said Hunter Biden in a breakdown of the memecoin launch and fallout.
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Ethereum researcher Justin Drake calls for ‘bunker mode’ planning over private key recovery risk
Justin Drake recommended moving crypto assets to fresh addresses that keep their public keys hidden behind a hash.
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Trader Frogman Drained of $4 Million on the First Morning of TOKEN2049
Onchain records show the tokens left his Solana wallet at 4:14 a.m. Singapore time and were sold in four equal lots over the nine minutes that followed. The trader says he has found no sign of a breach on his phone or email... Read the full story at The Defiant
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Europol Warns Crypto Wallets Are 'Primary Risk' for Quantum Attacks
The EU police agency expects blockchains to adapt to the threat, while a second report weighs the risk of data stolen now and cracked later.
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Flash Loan Attacks Drained $1.2B From DeFi Between 2020 and 2024: Study
Attacks grew more sophisticated and less predictable over the period, according to researchers who scanned more than 20 billion transactions.
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US crypto rules need to survive the next election
US crypto rules could be vulnerable to political change after the midterms. Former New York Gov. Andrew Cuomo argues Congress needs to pass durable, bipartisan legislation.
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Trump Mobile leaks data of Donald Trump staffers
Members of Donald Trump’s close staff are among 3,615 Trump Mobile customers whose data was leaked last week by ransomware group BYOD. Straight Arrow News ( SAN ) reported yesterday that the data, listed on BYOD’s leak site last week, included names, email addresses, telephone numbers, home...
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ZachXBT says he fronted $349,700 to infiltrate alleged Chinese launderers tied to Lazarus, Bybit hack
Posing as a client, ZachXBT said he gathered intelligence that helped freeze funds tied to the $1.5 billion Bybit hack.
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Chinese crime network laundered over $1B for Lazarus: ZachXBT
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.
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ZachXBT Says He Fronted $349,700 to Infiltrate Alleged Laundering Ring
The investigator links his undercover work to a 442,000 USDT freeze after identifying a cluster he tied to Bybit and valued at more than $12 million.... Read the full story at The Defiant
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Treasury Kills Crypto 'Unhosted Wallet' and Mixer Surveillance Rules
FinCEN withdrew a 2020 proposal to track transactions with self-custodial crypto wallets and a 2023 plan to designate crypto mixing as a primary money laundering concern.
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Crypto Sleuth ZachXBT Fronted $350K to Pose as a Client of Lazarus' Chinese Launderers
The on-chain sleuth says he posed as a customer of a Chinese crime syndicate, fronting $349,700 and eating 5% on every order, to track Lazarus Group's Bybit loot in real time.
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Base Vault Drained of About $6 Million in Aave Deposit Tokens
Six outflows followed a borrower-whitelist change. The proceeds were redeemed for wstETH, with some later entering bridge withdrawals toward Ethereum.... Read the full story at The Defiant
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ZachXBT poses as money launderer to infiltrate Lazarus network
Crypto sleuth ZachXBT claims he was able to infiltrate a Chinese organized crime syndicate that's laundered over $1 billion in crypto for North Korean hacker collective Lazarus Group. Last week, Zach uncovered multiple Chinese Telegram and Discord accounts looking for help with laundering funds...
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ZachXBT Posed as a Client to Infiltrate Chinese Syndicate Laundering Bybit Hack Funds
The investigator says he fronted 349,700 USDC and lost 5% on every order to a broker who told him in advance where North Korea's stolen funds were going next... Read the full story at The Defiant