Security news · Page 21
Binance Research Highlights $13 Billion TVL Losses in DeFi Due to Exploits
April's DeFi exploits led to $13 billion in total value locked losses, drastically impacting liquidity and on-chain protocols, as confirmed by Binance Research.
Indictment Following Violent Crypto Robbery in Nancy
A man has been indicted in France for a violent 'wrench attack' where robbers posed as police to steal cryptocurrency after a data breach.
Federal Appeals Court Affirms Sam Bankman-Fried's 25-Year Sentence for Fraud in FTX Collapse
The U.S. Appeals Court upholds Sam Bankman-Fried’s 25-year fraud sentence related to the FTX collapse, reinforcing the conviction against claims of trial unfairness.
A $2.1 Million Heist Hits Aztec Connect, a Decommissioned DeFi Platform
Aztec Connect was exploited for $2.1 million due to a flaw in its transaction verification, allowing the attacker to manipulate unbacked balances.
ZachXBT Criticizes Canada's Law Enforcement on Cybercrime, Calls for Action
ZachXBT criticizes Canada for its weak handling of crypto fraud cases, claiming it's more negligent than India or Nigeria in law enforcement efforts.
Google Takes Legal Action Against Alleged Chinese Cybercrime Network for AI-Driven Phishing Schemes
Google sues alleged Chinese crime group Outsider Enterprise for using Gemini AI in large-scale phishing scams targeting U.S. victims.
Cryptocurrency Heist: Armed Intruders Use Fake Delivery to Break into Home
A recent home invasion in Illinois involved armed intruders posing as food delivery drivers to demand cryptocurrency access from victims, highlighting the risks of…
Federal Charges Filed Against Tennessee Man for Alleged Multi-Million Dollar Crypto Fraud
A Tennessee man faces federal charges for allegedly running a crypto Ponzi scheme that defrauded investors of millions, with promises of high returns.
Multinational Operation Takes Down $390 Million Cryptocurrency Laundering Network
An international sting operation involving 11 countries dismantled the AudiA6 crypto laundering ring, processing $390M in illicit funds.
New Legislation Aims to Establish Federal Task Force Against Cryptocurrency Crimes
US lawmakers propose a federal task force to combat cryptocurrency crime, aiming to enhance coordination and reporting across agencies after rising theft and fraud.
Record Crypto Seizures Highlight Massive $100M Fraud Scheme Uncovered
A $100 million cryptocurrency fraud scheme led to significant seizures and a five-year prison sentence for Geoffrey K. Auyeung, highlighting crypto's role in fraud.
Raydium to reimburse users after $1.3 million exploit on outdated liquidity pools
Raydium promises full reimbursement of $1.3M lost in exploit of outdated Solana liquidity pools, ensuring no impact on current users.
SEC Takes Legal Action Against Texas Man for $12.3 Million Crypto Investment Fraud Scheme
The SEC is charging Nathan Fuller for a $12.5 million crypto fraud scheme, falsely promoting high returns and using funds for personal expenses.
Korean Police Join Forces with Chainalysis to Combat Cryptocurrency Crimes Linked to North Korea
South Korea partners with Chainalysis to enhance crypto crime investigations, focusing on tackling North Korean cyber theft and fostering investigator training.
Security Breach at Token of Power Results in $1.58 Million Theft from Liquidity Pool
The Token of Power exploit drains $1.58M from its Balancer pool, targeting the TOP/WETH liquidity pool in a governance-takeover attack.
Seattle Man Sentenced to Five Years for Crypto Money Laundering Scheme
A Seattle man was sentenced to five years in prison for laundering nearly $100 million in fraud proceeds using Bitcoin and Ethereum.
THORChain initiates recovery plan following significant $10.7 million breach
THORChain initiates an 11-step recovery plan after a $10.7M hack, unveiling v3.19.0 with security patches and loss-recovery strategies for vaults.
Humanity Foundation Faces $30 Million Loss as Security Breach Leads to Massive Token Decline
The Humanity Protocol token plummets 85% following a $30 million loss due to a private key exploit, prompting safety warnings from the foundation.
Saif Faiq pleads guilty in bitcoin kidnapping scheme, faces 20-year sentence
Saif Faiq pleads guilty to conspiracy in a bitcoin kidnapping plot, facing up to 20 years in prison for organizing the abduction of a crypto millionaire's parents.
Aave's Stani Kulechov Addresses $8.45 Billion Withdrawals and Future Innovations in DeFi
Stani Kulechov defends Aave amid $8.45 billion DeFi bank run, highlighting the protocol's resilience and upcoming V4 upgrade to enhance security.
