Virtuals Protocol Discord server hacked, fake Google links posted

January 8, 2025 Coin Telegraph

The security incidents occurred days after a researcher discovered a critical bug in a Virtuals Protocol audited contract, which was fixed.

AI agent platform Virtuals Protocol suffered a hack to its Discord server on Jan. 8, and several fraudulent links purporting to be the Virtuals Protocol website were posted on Google Search.

According to the Virtuals team, one of the Discord group’s moderators was the victim of a private key breach that compromised the messaging server. The breach has since been resolved.

Cybersecurity firm Scam Sniffer also detected three malicious links advertised on the Google Search page impersonating the Virtuals Protocol website in a separate incident.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

Crypto hacks, scam losses reach $29M in December, lowest in 2024

January 2, 2025 Coin Telegraph

Crypto hacks, scam losses reach M in December, lowest in 2024

blockchain incidents 2024

Both CertiK and PeckShield shared data showing December was the lowest month for crypto losses in 2024.

Losses to crypto scams, exploits and hacks tapered off in the last months of 2024, with December registering the smallest amount stolen.

Blockchain security firm CertiK said in a Dec. 31 post on X that there were $28.6 million known losses to exploits, hacks and scams in December, compared with $63.8 million in November and $115.8 million in October.

According to the firm, exploits comprised the bulk of the losses, with $26.7 million stolen by attackers in December.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

3 crypto predictions going into 2025: SOL ETFs, AI trading, new threats

December 31, 2024 Coin Telegraph

3 crypto predictions

2025 may usher in significant crypto developments, like the first Solana-based ETF and more advanced AI crypto trading bots, but it could also bring new threats.

Super advanced artificial intelligence crypto trading bots and a potential United States-listed Solana exchange-traded fund (ETF) may boost crypto’s fortunes in 2025, according to crypto industry observers.

Meanwhile, hackers, fueled by similarly advanced AI tech, may see another banner year of thefts and exploits.

From the best to the worst and finishing with the most inspiring development, here are the three most significant crypto predictions for 2025.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

South Korea sanctions 15 North Koreans for crypto heists and cyber theft

December 26, 2024 Coin Telegraph

Coin Telegraph

The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapons development program.

North Korean hackers are being pursued by governments worldwide that blame them for more than half of the value of cryptocurrency stolen during 2024.

Hackers like the infamous Lazarus Group are prime suspects in some of the most notorious cyber thefts in Web3, including the $600 million Ronin network hack.

South Korea is the latest country to impose sanctions against 15 North Korean IT organization members and one related group.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

Crypto phishing scams to rise during holiday shopping season — Cyvers

December 3, 2024 Coin Telegraph

Coin Telegraph

Losses to crypto phishing scams fell 53% in November, but the Christmas holiday shopping season presents new opportunities for hackers.

Cybersecurity experts have warned that crypto phishing attacks are anticipated to spike in December as scammers aim to capitalize on the Christmas holiday shopping season.

In November, over 9,200 cryptocurrency investors collectively lost $9.3 million to phishing scams, according to a Dec. 3 post from Scam Sniffer, a platform that monitors crypto scams.

“$9,380,000 stolen. 9,208 victims. November saw one victim lose $661,000 in stETH within minutes — and that’s just the tip of the iceberg,” the platform reported.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

Clipper DEX says recent $450K hack wasn’t caused by private key leak

December 2, 2024 Coin Telegraph

Clipper

A $450,000 hack on Clipper was likely from a withdrawal vulnerability, not a leak, the decentralized exchange said.

Decentralized exchange (DEX) Clipper clarified that a vulnerability in its withdrawal function allowed a recent $450,000 hack of its protocol, rather than a private key leak as suggested by a “third-party.”

Clipper said in an X post that the attacker exploited two liquidity pools on Dec. 1 and took about 6% of its total value locked. It added that no other pools were affected and the exploit had ended.

“There have been third-party claims suggesting a private key leak,” Clipper wrote. “We can confirm that this is not the case and is inconsistent with the design and security architecture of Clipper.”

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

Crypto-stealing malware discovered in Python Package Index — Checkmarx

October 11, 2024 Coin Telegraph

Coin Telegraph

According to cybersecurity firm Hacken, financial losses from crypto hacks topped $440 million in the third quarter of 2024.

Researchers at the Checkmarx cybersecurity firm sounded the alarm on a dangerous form of malware uploaded to the Python Package Index (PyPI) — a platform for Python developers to download and share code — that steals private keys, mnemonic phrases, and other sensitive user data.

According to the firm, the malware was automatically uploaded by a suspicious user in several different software packages meant to mimic decoding applications for popular wallets like MetaMask, Atomic, TronLink, Ronin, and other industry staples.

The malware was cleverly embedded within parts of the software packages. This allowed the malicious software to go largely undetected due to what appeared to be harmless code.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

Funds Lost in Crypto Hacks Witnessing Downtrend As Industry Adopts Stronger Security Measures, Says Binance

October 6, 2024 The Daily Hodl

Binance

Crypto exchange Binance says that the amount of digital assets lost in hacks this year is significantly lower than the figures seen in previous years. In its Monthly Market Insights report, the largest crypto exchange in the world by trading volume says that digital asset owners have lost about $1.3 billion in hacks so far […]

The post Funds Lost in Crypto Hacks Witnessing Downtrend As Industry Adopts Stronger Security Measures, Says Binance appeared first on The Daily Hodl.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

Bitcoin ETFs are next major target for North Korean hackers — Cyvers

September 11, 2024 Coin Telegraph

bitcoin etf

North Korean hackers could be eying the infrastructure around Bitcoin ETFs, lured by the $52 billion worth of cumulative holdings.

North Korean hackers, including the infamous Lazarus Group, may begin targeting larger objectives, including United States-based Bitcoin (BTC) exchange-traded funds (ETFs).

The Lazarus Group is associated with some of the most notorious hacks in the cryptocurrency space, including the biggest hack in decentralized finance, the $625 million Ronin bridge hack.

Hackers could start shifting their attention to the US Bitcoin ETFs due to the sizable potential bounty, according to Michael Pearl, vice president of GTM strategy at onchain security company Cyvers.

Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?

Angel Drainer upgraded, deploying 300+ malicious dApps in 4 days

September 5, 2024 Coin Telegraph

angel drainer

Notorious crypto phishing app Angel Drainer is back with a new system dubbed “AngelX” and it's easier to use and stealthier than ever before.

The notorious crypto phishing toolkit Angel Drainer is back, this time with a new and improved version called AngelX which has already deployed hundreds of malicious apps, according to a new report from blockchain security firm Blockaid.

In a Sept. 4 statement shared with Cointelegraph, Blockaid said the new AngelX system had already deployed 300 malicious decentralized applications (DApps) designed to steal digital assets from crypto users.

Blockaid said one of the more worrying features of AngelX is its upgraded support for phishing apps targeting users on “newer, less mature blockchains,” including The Open Network (TON) and Tron network.

crypto hacks

Share this video