1. Home
  2. crypto theft

crypto theft

Crypto phishing scams to rise during holiday shopping season — Cyvers

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.

Read more

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

Crypto-stealing malware discovered in Python Package Index — Checkmarx

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.

Read more

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist

DOJ Charges 21-Year-Old in M Cyber Intrusion and Crypto HeistA 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ) […]

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

Styx Stealer malware exploits Windows vulnerability to ‘clip’ crypto

Styx Stealer steals data and can reroute crypto transactions coming from an infected computer to the bad actor’s wallet.

New malware called Styx Stealer has been uncovered by cybersecurity solutions provider Check Point Research. The newly discovered malware can steal a vast array of material, including cryptocurrency, through a mechanism known as clipping. It is freely available on a rental basis on the developer’s website.

Windows users with an up-to-date operating system are safe from the malware, since Styx Stealer depends on a vulnerability in Microsoft Windows Defender that was patched last year.

Styx Stealer was discovered because the developer experienced a data leak during debugging. It is derived from an older malware called Phemedrone Stealer. It maintains the functions of Phemedrone Stealer, such as stealing saved passwords, cookies, auto-fill data, cryptocurrency wallet data and instant messenger sessions, while incorporating new detection evasion techniques and adding a crypto clipper function.

Read more

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

Philippines Charges 2 Russians in $6.2 Million XRP Theft

Philippines Charges 2 Russians in .2 Million XRP TheftThe Philippine Department of Justice (DOJ) has charged two Russian nationals with stealing PHP340 million ($6.2 million) worth of XRP cryptocurrency from a local crypto exchange. The suspects allegedly hacked Coins.ph’s system to commit the theft. The DOJ emphasized the importance of vigilance against cybercrime despite ongoing efforts to combat these threats. Philippine DOJ Charges […]

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

Crypto Theft Mastermind Convicted in US for Home Invasions, Kidnappings, and Robberies

Crypto Theft Mastermind Convicted in US for Home Invasions, Kidnappings, and RobberiesA Florida man has been convicted in the United States for orchestrating an international scheme that involved violent home invasions aimed at stealing cryptocurrency. The operation targeted victims throughout the country, who were kidnapped and assaulted to gain access to their cryptocurrency accounts. The defendant is facing a minimum sentence of seven years and a […]

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income

UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency IncomeA report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023 alone, and details several […]

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

Seoul Sanctions North Korea Over Crypto Theft

Seoul Sanctions North Korea Over Crypto TheftSouth Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean Hackers With First Cybercrime Sanctions The […]

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

North Korea-Linked Crypto Theft Surpassed $600,000,000 in 2022, Shattering All-Time High: Report

North Korea-Linked Crypto Theft Surpassed 0,000,000 in 2022, Shattering All-Time High: Report

North Korea reportedly stole an unprecedented amount of crypto assets in 2022 as the country continues to pursue its nuclear program. According to Reuters, a confidential report submitted by independent sanctions agencies to a United Nations security council committee estimates that North Korea-linked hackers stole $630 million in cryptocurrency last year. The amount is based […]

The post North Korea-Linked Crypto Theft Surpassed $600,000,000 in 2022, Shattering All-Time High: Report appeared first on The Daily Hodl.

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report UnveilsThe regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get […]

Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report