A significant security breach has been revealed involving BitoPro exchange as a notable blockchain investigator, ZachXBT, uncovers the loss of $11.5 million from the exchange’s hot wallets on […]
Crypto Theft Exploits EIP-7702 Mechanism: Unlocking New Security Risks
Recent investigations reveal that criminal groups are exploiting a vulnerability in Ethereum’s EIP-7702 protocol to steal crypto assets. This mechanism, while intended for secure asset delegation, is now […]
Crypto Theft Groups Exploit New EIP-7702 Mechanism
A new mechanism, EIP-7702, designed for automatic fund transfers within the cryptocurrency ecosystem is being actively exploited by criminal groups. Security firm SlowMist’s Cosine highlighted on X (formerly […]
Bybit Heist: Half of Stolen Funds Vanish in Untraceable Mix
Nearly half of the $1.4 billion stolen from crypto exchange Bybit remains untraceable, according to blockchain data. Three months after one of the largest crypto thefts on record, […]
Mistaken $1.7M Cryptocurrency Transaction Highlights Security Concerns
A recent mistaken cryptocurrency transfer involving a staggering $1.7 million highlights ongoing security concerns within the digital asset sector. Following a previous incident where $840,000 was lost due […]
Cetus Recovers From Cryptocurrency Theft, But Security Concerns Persist
A recent exploit on the Sui blockchain has left Cetus with a significant loss – over $223 million in cryptocurrency was stolen. The attack targeted the protocol’s smart […]
Fake Uber Ride Leads to $123,000 Crypto Theft in London
A recent incident in London highlights the physical dangers of crypto ownership. Jacob Irwin-Cline lost a staggering $123,000 worth of cryptocurrency after encountering a fake Uber ride in […]
Tourist Loses $123,000 to Fake Uber Scam in London
A tourist from Portland, Oregon was robbed of over $123,000 worth of cryptocurrency in a fake Uber scheme in London’s West End. Jacob Irwin-Cline fell victim to a […]
Crypto Scam Steals $2 Million from Retired Artist
Ed Suman, a 67-year-old retired artist, was recently targeted by scammers in a phishing scheme that resulted in the theft of $2 million worth of Bitcoin and Ethereum. […]
South Korean Woman Jailed for Two Years After Stealing $500,000 from Boyfriend
A South Korean woman has been sentenced to two years in prison for stealing over $500,000 worth of digital assets from her boyfriend. The accused woman, in her […]
Teen Suspects Accused of Kidnapping, Robbing Crypto Investor of $4 Million
Two 16-year-old teenagers from Florida are facing adult felony charges following the alleged kidnapping of a crypto investor in Las Vegas last November. The victim, who had attended […]
Bybit Hack: 27% of Stolen Funds Untraceable, CEO Uncovers Hidden Trails
A staggering 27% of the cryptocurrency stolen in Bybit’s February cyberattack remain untraceable, according to CEO Ben Zhao. This revelation, detailed in a social media post, comes amid […]
ZKLend Hacker Loses Funds Due to Fake Tornado Cash Site
A hacker targeting the ZKLend platform has fallen victim to a phishing scam that mimicked the popular Tornado Cash service, leading to a complete loss of their ill-gotten […]
zkLend Hacker Loses Stolen Funds to Phishing Scam
A recent incident involving a hacker who stole funds from zkLend, as detailed by blockchain analyst Vladimir S, highlights the dangers of phishing scams even in the crypto […]
Users Urged to Avoid Malicious App Leading To Wallet Thefts
Security firm SlowMist has warned that users of the application BOM have been targets of a sophisticated attack, leading to theft of crypto assets. These malicious actors exploit […]