The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in prison. According to a new press release by the U.S. Department of Justice (DOJ), Ilya Lichtenstein – who hacked Bitfinex in 2016 and fraudulently sent 119,754 Bitcoin (BTC) to a wallet under his control – […]
The post Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison appeared first on The Daily Hodl.
Scammers pretended to be police and demanded BTC for missing court dates, while an attacker minted a huge number of SUN tokens and dumped them.
Some residents of the state of Colorado in the United States have fallen victim to a new police impersonation scam.
According to an Oct. 31 report from local news site Summit Daily, a scammer called residents and claimed to be a representative of the local government. They told the victim that they had to pay a $10,000 fine for missing jury duty, which must be paid in Bitcoin.
In response, the victim transferred $6,000 of Bitcoin (BTC), but the real authorities stopped the victim from transferring the remaining $4,000, saving it from the attacker’s hands.
According to onchain analytics firm Arkham Intelligence, the malicious address currently holds approximately $13 million in assets.
On Oct. 24, a hacker compromised a wallet likely controlled by the United States government. The wallet, which included funds seized from the 2016 Bitfinex hack, was drained of $20 million.
According to Arkham Intelligence, the attacker sent the funds to a wallet beginning with “0x348,” which included US Dollar Coin (USDC), Tether (USDT), aUSDC, and Ether (ETH).
The onchain analytics firm also believes the hacker has started converting the stablecoins into ETH and laundering the funds through addresses likely associated with a money laundering service.
Nearly all of the stolen loot from Radiant Capital has been moved to the Ethereum network, which usually isn't a good sign for those hoping for recovery.
The hacker behind the recent theft from decentralized finance (DeFi) protocol Radiant Capital has moved almost all of the stolen funds from layer-2 protocols to Ethereum in a possible move toward obscuring its location.
On Oct. 24, blockchain security firm PeckShield reported that addresses linked to the Radiant Capital exploiter have bridged “nearly all” of the ill-gotten crypto from the exploit from layer-2 network Arbitrum and the Binance BNB Chain to the Ethereum network.
The total amount moved was about 20,500 Ether (ETH) worth around $52 million, PeckShield noted.
According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024.
The United States government filed two legal complaints on October 4, 2024, to begin seizing more than $2.67 million in digital assets stolen by the North Korean Lazarus hacking group.
According to the legal filings, the US government seeks to recover approximately $1.7 million in Tether (USDT) stolen by the organization in the 2022 Deribit hack — which left the options exchange drained of $28 million.
Once the hackers successfully breached a Deribit hot wallet, they passed the funds through the Tornado Cash mixer and several Ethereum (ETH) addresses in an attempt to avoid detection.
A liquid staking protocol says that bad actors made away with millions of dollars worth of crypto assets after hacking into the decentralized finance (DeFi) platform. In a new announcement on the social media platform X, Bitcoin (BTC) restaking project Bedrock says that they’ve been exploited for $2 million but assures customers that they’ve identified […]
The post Hackers Plunder $2,000,000 Worth of Crypto From Liquid Restaking Protocol Bedrock appeared first on The Daily Hodl.
New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has […]
The post Singapore-Based Crypto Exchange BingX Suffers $52,000,000 Hack: Blockchain Security Firm appeared first on The Daily Hodl.
So far, at least 36 victims suffered losses amounting to nearly $2 million worth of Ether.
Users of the Telegram-based cryptocurrency trading bot Banana Gun have been drained of nearly $2 million worth of digital assets.
Banana Gun enables Telegram users to trade on some of the most popular blockchains, such as Ethereum, Solana and Base.
However, at least 11 attackers have drained a collective $1.9 million worth of crypto from the bot’s users, according to onchain security firm Cyvers’ senior Security Operation Center lead, Hakan Unal.
Blockchain security firm SlowMist is reporting that an Indonesian crypto exchange was hacked for over $22 million in digital assets. SlowMist says that crypto exchange Indodax saw its hot wallets exploited across multiple blockchains, including Bitcoin (BTC), TRON (TRX), Ethereum (ETH), and ETH layer-2s Polygon (POL) and Optimism (OP). The firm’s data says that the […]
The post Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist appeared first on The Daily Hodl.
An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.
An attacker drained over $1.4 million worth of Bows Coin Synthetic US Dollar (BSC-USD) from a liquidity pool holding CUT tokens on Sept. 10, according to a report from blockchain security platform CertiK.
The CUT token contract relied on a separate, unverified contract to set its “future yield” parameter, and this separate contract was used to drain the BSC-USD through an unknown method.
CertiK reported the event on X.
