A South Carolina credit union says 240,000 customers have been exposed in an apparent cyberattack. SRP Federal Credit Union, one of the largest in the state with over $1.6 billion in assets as of 2022, filed breach notifications with regulators in Maine and Texas on December 13th, The Record reports. A law enforcement investigation discovered […]
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In 2024, Web3 cyber threats led to losses exceeding $2.3 billion across 165 incidents, marking a 40% increase from 2023. Approximately $1.3B Recovered Web3 cyber threats surged in 2024, with losses exceeding $2.3 billion across 165 incidents, according to Cyvers. While 40% higher than the $1.69 billion lost in 2023, this year’s total losses were […]
Leading blockchain data analysis firm Chainalysis says hackers stole over $2 billion from crypto platforms this year. Even more alarming, according to the Chainalysis report, stolen funds saw more than a 20% increase from 2023. “Crypto hacking remains a persistent threat, with four years in the past decade individually seeing more than a billion dollars […]
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Cybersecurity firm McAfee says it’s identified a “significant global increase” in a smartphone hack that triggers extortion, harassment and drains bank accounts. McAfee says hackers are increasingly deploying a group of malicious financial apps containing “SpyLoan” malware, posing a serious threat with more than eight million active installations around the world. The apps are on […]
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The company’s former chief strategy officer, Jonathan Levin, assumed the role of CEO and offered his thoughts to Cointelegraph on the future of the industry.
Blockchain analytics firm Chainalysis announced the appointment of a new CEO after the departure of Michael Gronager in October.
In a Dec. 5 notice, Chainalysis said its chief strategy officer and co-founder Jonathan Levin had assumed the position of CEO, effective Dec. 3. The company also announced it had appointed former Proofpoint chief financial officer Paul Auvil to serve as an independent director on its board.
Speaking to Cointelegraph, Levin said, under his leadership, the company intended to continue expanding internationally to “protect crypto users across the world” and monitor private sector solutions for custodying digital assets. He added that he didn’t expect to see policymakers change their approach to Anti-Money Laundering (AML) and national security concerns.
DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations.
Japanese cryptocurrency exchange DMM Bitcoin is reportedly prepping to liquidate after losing $320 million in Bitcoin from a private key hack in May that the company has failed to recover from.
The crypto exchange is also reportedly ceasing efforts to revamp operations and intends to transfer customer assets to SBI VC Trade, an exchange operator under SBI Group, around March, reported Nikkei Asia on Dec. 2, without sharing its source.
Cointelegraph reached out to DMM Bitcoin for comment.
New data from crypto security firm ImmuneFi reveals that hackers and fraudsters stole tens of millions of dollars with the blockchain of Binance being their top target. In a new thread on the social media platform X, ImmuneFi says that the crypto markets have seen an overall decrease in fraudulent activity compared to a year […]
The post Crypto Hackers and Rug Pullers Steal $71,021,500 in November With BNB Chain Emerging As the Top Target appeared first on The Daily Hodl.
The government of North Korea (DPRK) has reportedly employed various hacking groups, most notably the Lazarus Group, to seal crypto in recent years.
Hackers with ties to the North Korean government have reportedly expanded social engineering scams designed to steal cryptocurrencies by infiltrating “hundreds” of large, multinational information technology firms.
According to an article from TechCrunch, researchers at the Cyberwarcon cybersecurity conference identified two North Korean hacker groups called “Sapphire Sleet” and “Ruby Sleet.”
Sapphire Sleet targeted individuals through fraudulent employment schemes by posing as legitimate recruiters and luring unsuspecting victims into interviews or other offers of employment. The hackers would then infect the users’ computers with malware disguised as picture-document files (PDFs) or malicious links at some point during the interview process.
XT.com issued a statement acknowledging an “abnormal transfer of platform wallet assets,” but hasn’t yet confirmed the hack.
XT.com, a cryptocurrency exchange trading $3.4 billion daily, suspended withdrawals on its platform after a suspected $1.7 million hack.
The exchange suspended withdrawals, citing “wallet upgrade and maintenance,” it said on Nov. 28.
XT.com’s withdrawal suspension announcement on Nov. 28. Source: XT.com
According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017.
BlueNoroff, the infamous North Korean hacker group responsible for a string of phishing and cybersecurity attacks since 2019, is targeting crypto firms with a new malware that attacks MacOS computers.
According to a report from SentinelLabs, the malware operation nicknamed “Hidden Risk” is spread through PDF files in multiple stages. The threat actors use fake news headlines and legitimate crypto market research to lure in unsuspecting individuals and companies.
Once the user downloads the PDF file, a seemingly legitimate decoy PDF is downloaded and opened, while the malware downloads as a separate file on the MacOS desktop in the background.
