Tag: theft
Mango Markets exploiter behind alleged $116M theft will stand trial in December
The criminal case against the crypto user allegedly behind a multimillion-dollar exploit of decentralized exchange Mango Markets will be moving forwar [...]
Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?
Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly awaite [...]
US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Bitcoin BTC Theft
“O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of crypt [...]
Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
The United States Attorney’s Office for the Southern District of New York has announced the sentencing for an individual who pleaded guilty to wire fr [...]
Euler Finance Lets Users Redeem Recovered Funds Following $200M Theft
Users are able to redeem their share of recovered funds, which stand at 95,556 ether (ETH) and $43 million of the DAI stablecoin, collectively worth a [...]
Net losses from crypto theft down sharply in Q1 2023 at $322M: Report
Crypto hackers and scammers made off with $452 million in the first quarter of 2023, according to a report released by antivirus and app provider De.F [...]
A third of US crypto holders have experienced theft: Report
Cybersecurity services provider Kaspersky has released a report on risks associated with cryptocurrency use. The report titled "Crypto Threats 2023" [...]
Organized crime is plaguing retailers, spurring debate
America's biggest retailers say organized retail crime has grown into a multibillion-dollar problem, but the effectiveness of their strategies to solv [...]
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of [...]
Supreme Court Seems Skeptical of Broad Sweep of Identity Theft Law
Using examples drawn from valet parking and restaurant meals, the justices indicated that a federal law imposing mandatory two-year sentences should b [...]
Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo
The iconic wolf skull logo of Bored Ape Yacht Club (BAYC), Yuga Labs’ premier nonfungible tokens (NFTs) collections, was allegedly illegally trademark [...]
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
The report looks into a particular case of one ransomware strain, Deadbolt, which was active in 2022. Unlike the most infamous ransomware groups like [...]
Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft
Federal investigators have credited North Korea’s infamous hacker wing the Lazarus Group with attacking the bridge as part of their multi-year campaig [...]
South Korea sets independent sanctions for crypto theft against North Korea
South Korea announced its first independent sanctions related to cryptocurrency thefts and cyber attacks against certain North Korean groups and indiv [...]
North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters
The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion.
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