cryptocurrency Archives

Hackers steal $53 million worth of cryptocurrency from CoinEx

14Sep

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Hackers steal $53 million worth of cryptocurrency from CoinEx

A substantial quantity of digital assets that were used to fund the platform's operations were stolen from vast amounts of hot wallets at the major cryptocurrency exchange CoinEX, according to an announcement. The issue happened on September 12 and preliminary investigation findings indicate that cryptocurrencies from Tron, Polygon, and Ethereum were used in the illicit transactions. Since the inquiry has not yet determined the full extent of the losses, CoinEx has not disclosed any information regarding the financial effect sustained. According to a report by the blockchain security company PeckShield, CoinEx lost over $19 million in ETH, $11 million in TRON, $6.4 million in Smart Chain Coin ($BSC), $6 million in Bitcoin (BTC), and roughly $295,000 in (MATIC) as a result of the ...

Google Looker Studio abused in cryptocurrency phishing attacks

8Sep

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Google Looker Studio abused in cryptocurrency phishing attacks

Cybercriminals are utilizing Google Looker Studio to develop fake cryptocurrency phishing websites that prey on owners of digital assets and steal their money. Google's Looker Studio (formerly known as Data Studio) is an online data conversion tool for producing reports with clearly understandable components like charts and graphs out of raw data from spreadsheets and other sources. Researchers from Check Point have found that hackers are using the reputable Google Looker Studio tool to create cryptocurrency phishing pages. Due of Looker Studio's legitimacy and high reputation, fraudsters insert the URLs of these pages in phishing emails to get past email security checks read more Google Looker Studio abused in cryptocurrency phishing attacks. Stay informed with the best cybersec...

Crypto casino Stake.com loses $41 million to hot wallet hackers

6Sep

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Crypto casino Stake.com loses $41 million to hot wallet hackers

Stake.com, an online cryptocurrency casino, disclosed that over $40 million in bitcoin was purportedly stolen when its ETH/BSC hot wallets were hijacked to carry out illicit transactions. Users were instantly reassured by the platform that their money was secure, and all other wallets that were not specifically targeted by the attack, including as those carrying BTC, LTC, XRP, EOS, and TRX, continued to function normally. Several users stated on X that they were impacted by the circumstance and were unable to deposit or withdraw on Stake.com during that time. Stake.com said today that its services have been restored and that users can once more deposit and withdraw funds in all currencies read more Crypto casino Stake.com loses $41 million to hot wallet hackers. Stay informed wit...

Millions stolen from crypto platforms Exactly Protocol and Harbor Protocol

25Aug

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Millions stolen from crypto platforms Exactly Protocol and Harbor Protocol

Over the past several days, two cryptocurrency platforms have experienced thefts amounting to millions of dollars' worth of cryptocurrency, forcing both to suspend operations and alert clients to possible losses. Exactly Protocol, a decentralized financial platform, acknowledged on Friday that it was "actively investigating a security issue" and has temporarily suspended the protocol, limiting user activity to asset withdrawals. Exactly Protocol, which said on August 4 that it has received deposits totaling more than $100 million, let users to lend and borrow cryptocurrency assets at fixed and variable rates. According to a number of news sources and industry professionals, the platform lost more than $12 million as a result of the theft read more Millions stolen from crypto plat...

North Korean Affiliates Suspected in $40M Cryptocurrency Heist, FBI Warns

24Aug

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North Korean Affiliates Suspected in $40M Cryptocurrency Heist, FBI Warns

The U.S. Federal Bureau of Investigation (FBI) issued a warning on Tuesday about threat actors connected to North Korea who may try to withdraw $40 million worth of stolen cryptocurrencies. The law enforcement organization linked the blockchain activity to TraderTraitor, also known as Jade Sleet, a rival that the US government keeps tabs on. According to an FBI investigation, the organization stole about 1,580 bitcoin in the last day from numerous cryptocurrency heists and is now believed to be keeping those cash in six different wallets read more North Korean Affiliates Suspected in $40M Cryptocurrency Heist, FBI Warns. Stay informed with the best cybersecurity news and raise your cybersecurity awareness with our comprehensive coverage of the latest threats, breaches, and soluti...

Rustbased Realst Infostealer Targeting Apple macOS Users’ Cryptocurrency Wallets

26Jul

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Rustbased Realst Infostealer Targeting Apple macOS Users’ Cryptocurrency Wallets

A new malware family known as Realst has become the latest to attack Apple macOS devices, with one-third of the variants already built to infect macOS 14 Sonoma, the operating system's impending major version. The malware, written in the Rust programming language, is spread as phoney blockchain games and is capable of "emptying crypto wallets and stealing stored password and browser data" from both Windows and macOS PCs. Security researcher iamdeadlyz spotted Realst in the wild for the first time. "Realst Infostealer is distributed via malicious websites advertising fake blockchain games with names such as Brawl Earth, WildWorld, Dawnland, Destruction, Evolion, Pearl, Olymp of Reptiles, and SaintLegend," SentinelOne security researcher Phil Stokes wrote in a report read more Rustbas...

Crypto crackdown continues in New York with third fraud case announced

14Jul

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Crypto crackdown continues in New York with third fraud case announced

This week, the Southern District of New York federal court unsealed yet another case involving purported bitcoin fraud. It appears that the local authorities are adamant about delivering a message to all types of cybercriminals. The third case involving digital assets to be announced by the court in as many days is a father-and-son alleged duo who are accused of stealing almost $10 million in cryptocurrency from about 20 victims. On suspicion of operating fraudulent bitcoin investment schemes between 2018 and 2021 is Eugene Austin, 60, of Port Jefferson, New York. In April of this year, his son Brandon, 27, of Coram, New York, filed a guilty plea, which was made public by the US Department read more Crypto crackdown continues in New York with third fraud case announced. Stay info...

Solana heist suspect to stand trial in New York

13Jul

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Solana heist suspect to stand trial in New York

A person accused of Bitcoin fraud has been indicted twice in as many days by New York authorities. In this instance, the defendant was first engaged as a security guard to prevent the precise crime he is now accused of committing. Shakeeb Ahmed, a senior cybersecurity engineer from New York, worked for an unnamed Bitcoin exchange. However, the US Department of Justice (DoJ) asserts that Ahmed stole $9 million in virtual currency from the Solana blockchain instead of using his expertise to protect his business from cryptocurrency thefts. The discussion Ahmed, who is accused of bilking, traded a range of cryptocurrency denominations and had foreign incorporation read more Solana heist suspect to stand trial in New York.

Evasive Meduza Stealer Targets 19 Password Managers and 76 Crypto Wallets

3Jul

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Evasive Meduza Stealer Targets 19 Password Managers and 76 Crypto Wallets

Cybersecurity researchers have found a new Windows-based information thief dubbed Meduza Stealer that is actively being updated by its author to resist detection by software solutions, which is yet another indication of a lucrative crimeware-as-a-service (CaaS) ecosystem. In a recent report, Uptycs stated that "The Meduza Stealer has a singular objective: comprehensive data theft." It steals browsing activity from users and extracts a variety of browser-related data. No digital artefact is safe, from crucial login information to the priceless record of surfing history and beautifully curated bookmarks. Even password managers, 2FA extensions, and crypto wallet extensions are susceptible read more Evasive Meduza Stealer Targets 19 Password Managers and 76 Crypto Wallets. Stay one ...

Japanese Cryptocurrency Exchange Falls Victim to JokerSpy macOS Backdoor Attack

27Jun

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Japanese Cryptocurrency Exchange Falls Victim to JokerSpy macOS Backdoor Attack

An attempt to install the JokerSpy backdoor for Apple macOS was launched earlier this month against an unidentified bitcoin exchange in Japan. Swiftbelt, a Swift-based enumeration tool inspired by an open-source programme called SeatBelt, was installed as a result of the attack, according to Elastic Security Labs, which is monitoring the intrusion set with the intrusion set identifier REF9134. JokerSky was initially described as a sophisticated toolkit intended to compromise macOS Macs by Bitdefender last week. There isn't much information available regarding the threat actor responsible for the operation, other than the fact that the attacks make use of a number of Python read more Japanese Cryptocurrency Exchange Falls Victim to JokerSpy macOS Backdoor Attack. Stay one step ahe...