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North Korean hacker BlueNoroff targets crypto firms with new malware

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.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

WazirX plans on launching a decentralized exchange

WazirX founder Nischal Shetty also announced the upcoming introduction of staking services to the centralized cryptocurrency exchange.

Nischal Shetty, the founder of the popular Indian crypto exchange WazirX, announced the company is expanding operations and exploring building a separate decentralized exchange (DEX) that will operate alongside the company's current centralized service.

According to Shetty, the decision to launch a DEX is a response to the July 2024 WazirX hack — which drained the exchange of approximately $235 million in user funds — and should help eliminate the counter-party risk inherent in centralized platforms. The WazirX founder asserted:

The WazirX founder also revealed plans to launch a corresponding DEX token to pay for fees on the platform and provide an instrument for governance.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

92,554 Users Exposed As Crypto Payments Firm Reveals Attacker Accessed Names, Birth Dates, Passports, Drivers Licenses and More

92,554 Users Exposed As Crypto Payments Firm Reveals Attacker Accessed Names, Birth Dates, Passports, Drivers Licenses and More

A US-based crypto payments firm says tens of thousands of users are exposed after a hacker gained access to an employee’s laptop. The fiat-to-crypto payment provider Transak says the security incident has affected 92,554 of its users. According to Transak, the attacker obtained unauthorized access through a “sophisticated phishing attack.” With the employee’s credentials, the […]

The post 92,554 Users Exposed As Crypto Payments Firm Reveals Attacker Accessed Names, Birth Dates, Passports, Drivers Licenses and More appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Hacker Who Looted $20,000,000 From a US Government Address Returns the Vast Majority of Stolen Funds: Arkham

Hacker Who Looted ,000,000 From a US Government Address Returns the Vast Majority of Stolen Funds: Arkham

The hacker who looted nearly $22 million worth of crypto from a US government wallet this week appears to have returned the vast majority of the funds, according to the digital asset deanonymizing platform Arkham. On Thursday, the exploiter plundered the crypto from a government address that hadn’t moved any digital assets in eight months. […]

The post Hacker Who Looted $20,000,000 From a US Government Address Returns the Vast Majority of Stolen Funds: Arkham appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

US government crypto wallets hacked for $20M — Arkham Intelligence

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.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Radiant Capital Working With US Law Enforcement To Freeze Stolen Crypto Assets After $50,000,000 Hack This Week

Radiant Capital Working With US Law Enforcement To Freeze Stolen Crypto Assets After ,000,000 Hack This Week

The decentralized finance (DeFi) platform Radiant Capital (RDNT) is working with US law enforcement to freeze stolen assets after suffering a $50 million hack earlier this week. Hackers cracked multiple developers’ hardware wallets “through a highly advanced malware injection,” according to a post-mortem published by Radiant. “The devices were compromised in such a way that […]

The post Radiant Capital Working With US Law Enforcement To Freeze Stolen Crypto Assets After $50,000,000 Hack This Week appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Bad Actors Selling Deepfake Tool To Bypass Crypto Exchange Security Protocols, According to Cybersecurity Firm

Bad Actors Selling Deepfake Tool To Bypass Crypto Exchange Security Protocols, According to Cybersecurity Firm

A network security firm is warning that criminals have developed an artificial intelligence (AI) tool that targets crypto exchange platforms. In a new report, Cato Networks says bad actors are selling a deepfake tool in underground markets that allows users to bypass a crypto exchange’s identity authentication tests. According to the firm, users rely on […]

The post Bad Actors Selling Deepfake Tool To Bypass Crypto Exchange Security Protocols, According to Cybersecurity Firm appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

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.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

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

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

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights