North Korea Stole $700M From the Cryptocurrency Market in South Korea
North Korean cyber attackers stole $700 million from the South Korean bitcoin industry in 2022. This publication cites Yonhap as well as South Korean intelligence.The DPRK stole $700 million in…
Chinese Court Seizes Cryptocurrency!
China achieved a milestone as authorities successfully froze $160 million in cryptocurrency through a court order. The local edition of Toutiao reported this development, citing details from the investigation. Law…
Fraudster Gets 9-Year Prison for $249M Scam
A Long Island resident has been sentenced to nine years in prison for defrauding investors on his cryptocurrency platform EminiFX, as reported by Bloomberg. Eddie Alexander, a Haitian-born individual from…
2,700 Kilograms of Cocaine Were Discovered by Italian Police Dogs in a Cargo of Bananas
Authorities in southern Italy have found 2,700 kilos of cocaine disguised in a banana shipment from Guayaquil, Ecuador, with the use of a highly competent narcotics sniffer dog and specialist…
2023: Crypto Industry Faces $500M Hack Loss
Data from experts at PeckShield shows that the crypto sector saw at least 395 attacks between January and June 2023, costing an estimated $479.4 million in financial losses. The losses…
Uncovering Ukraine’s Crypto Exchange Network
The Security Service of Ukraine (SBU) revealed a hidden network of cryptocurrency exchanges operating in the country. The SBU’s cyber division, along with the Economic Security Bureau, identified and dismantled…
Crypto’s $303M July Loss – CertiK Report
July ended up being the least lucrative month of the year as a result. As a result of the misuse of express loans, assets worth around $8.7 million were removed.…
The $52M Mystery of Curve Finance
The Ethereum pools and the Arbitrum-based liquidity pool were both impacted by the hack on decentralized exchange (DEX) Curve Finance, which resulted in the loss of $52 million. DeFi Platforms…
Las Vegas Resident Defrauds Investors of $45 Million with Fictional Meta-Universe Scheme
A resident of Las Vegas is being charged by the US Justice Department with scamming investors out of $45 million. The DOJ posted the allegations on its official website. According…
Massive De-Fi Hack – CRV Prices Dropped to 0.1$ Per Token, $14M Stolen
After a massive attack yesterday, the token prices dropped from 0.7$ to 0.1$ per unit. Curve Finance logo. Recently, a hacker who was after the CRV/ETH pool was successful in…