Security news · Page 16
Ostium identifies off-chain security breach as cause of $23.75 million USDC theft
Ostium reports a $23.75 million exploit due to an off-chain breach, not smart contract flaws. The attacker manipulated price reports to drain funds.
Understanding the Limitations of Locked Liquidity in Token Safety
Learn why locked liquidity doesn't guarantee token safety, as modern scams exploit this mechanism for continuous profit without the risk of rug pulls.
Americans Suffer $80.7 Billion in Scam Losses, Majority Linked to Cryptocurrency: Consumer Federation Report
A report estimates that crypto scams will cost Americans $80.7 billion in 2025, highlighting the rise in cybercrime losses linked to digital currencies.
Blockaid reveals staggering $1.1 billion in crypto security losses for H1 2026
Crypto security losses soared to $1.1B in H1 2026, with operational attacks and compromised credentials identified as key factors, per Blockaid report.
Apple Sued Over Alleged $1.8 Million Loss from Fraudulent Bitcoin Wallet Apps
Apple is being sued for $1.8M over a fraudulent Bitcoin app that allegedly caused significant losses for users due to App Store security failures.
Surge in Violent Crypto-Related Kidnappings Reported in France for Early 2026
Wrench attacks targeting crypto holders surged by 33.3% in 2026, with France as the epicenter of this alarming trend.
SecondFi Announces Plan for Compensation Following $2.5 Million Cardano Hack
SecondFi outlines a roadmap to return 16.1 million ADA stolen in a June hack, utilizing zero-knowledge proofs for user compensation.
SparkKitty Spyware Poses Serious Threat to Crypto Wallet Security by Exploiting Mobile Photo Libraries
SparkKitty, a mobile spyware campaign, targets crypto wallets by accessing photo galleries and stealing seed phrases from phone images.
Thai SEC Takes Legal Action Against Bitkub Following $47 Million Cyber Heist
Thailand's SEC files a criminal complaint against crypto exchange Bitkub for failing to disclose a $47M hack, alleging false reporting by its former directors.
North Korean Authorities Arrest Hackers Exposed as Threats to National Banking System
North Korea's elite hackers have been detained for breaching government banks, converting stolen funds into cryptocurrency, alarming officials and analysts.
FBI Intercepts $679 Million in Fraudulent Transfers in 2022 Following Quick Victim Reporting
The FBI partnered with US banks to successfully freeze $679 million in scam transfers in 2025, highlighting the importance of quick victim reporting.
Garden Finance Suspends Services After Independent Solver Database Breach
Garden Finance has temporarily offline its app after a compromise of an independent solver's database led to the loss of $450,000 in USDT. User funds remain secure.
Triple-A Addresses Treasury Wallet Breach, Assures Safety of Client Funds
Triple A confirms it can meet all liabilities after a treasury wallet exploit resulted in losses of over $11 million, ensuring client funds remained secure.
WEMIX Takes Emergency Measures Following Significant Breach of WEMIX$ Stablecoin
WEMIX freezes bridge services and trading following a breach that led to the unauthorized minting of 5.23M WEMIX$, totaling roughly $724,000 in losses.
Monthly Phishing Simulations Aim to Strengthen Security Awareness at Binance
Binance conducts monthly phishing simulations to enhance employee awareness and security, aiming to combat social engineering threats in the crypto space.
BlueNoroff Exploits Fake Meetings to Target Crypto Users in Sophisticated Hacking Campaign
North Korean hackers exploit fake Zoom calls to profile crypto users and deploy malware, targeting wallets via phishing tactics and compromised accounts.
Consensys Addresses Security Incident: No User Data Compromise Reported
Consensys denies user data compromise after a North Korea-linked IT worker accessed MetaMask's codebase, confirming no malicious activity occurred.
Cyber Negotiator Angelo Martino's $8.3 Million in Crypto Seized by U.S. Court After Ransom Scheme Exposure
A U.S. Court has seized $8.3 million in XRP and Bitcoin from negotiator Angelo Martino, who exploited ransomware negotiations for personal gain.
Ripple’s Former Tech Chief Raises Alarm on Instagram Fraudulent Accounts
Ripple CTO Emeritus David Schwartz warns of a 90% chance users are interacting with imposters on Instagram due to rising impersonation scams in crypto.
UK Authorities Break Up Major Crypto Fraud Ring that Stole £5 Million
A UK crypto scam ring stole £5 million using fake police calls and social engineering, leading to 28 years in prison for three criminals.
