Security news · Page 67
Concerns Emerge Over Solana's Decentralization After Emergency Upgrade
Solana's emergency upgrade sparks debate over decentralization, highlighting concerns about rapid coordination among validators and potential risks.
U.S. Targets Myanmar Warlord and Militia for Major Cyber Fraud Operations
The U.S. has sanctioned Myanmar's Saw Chit Thu and his militia for their role in cyber scams, impacting U.S. citizens through cryptocurrency fraud.
North Korean Hacker Exposed by Kraken While Applying for IT Position Using False Identity
A North Korean hacker, using the alias 'Steven Smith', was caught trying to secure a job at Kraken crypto exchange to steal sensitive information.
Dual Citizen Arrested in Israel Faces Extradition in $190 Million Cryptocurrency Fraud Case
Alexander Gurevich, a dual Israeli-Russian citizen, faces extradition to the US over his alleged role in a $190 million crypto hack involving Nomad.
Despite Shutdown Announcement, Crypto Mixer eXch Allegedly Continues Money Laundering Activities
Despite its shutdown, crypto mixer eXch still facilitates illicit transactions, raising concerns over ongoing money laundering and compliance risks.
OKX Revives DEX Aggregator with Enhanced Security Following Lazarus Group Incident
OKX restarts its decentralized exchange (DEX) aggregator with enhanced security features after a pause due to misuse by North Korea's Lazarus Group.
New York Post's X Account Hacked in Cryptocurrency Scam Targeting Users
Hackers compromised the New York Post's X account to defraud cryptocurrency users, sending phishing messages through private messages.
Binance Faces AI-Driven Fraud, Telegram Security Concerns and Financial Penalties in Tech Media
Fraudsters leverage AI to clone Binance users for biometric verification bypass, leading to asset theft. Stay informed on this growing cybersecurity threat.
Brazil Launches Operation Fantasos to Dismantle Crypto Money Laundering Network Linked to $290M Fraud Scheme
Brazil's Operation Fantasos targets remnants of a $290M crypto Ponzi scheme, resulting in significant seizures and the extradition of the mastermind behind it.
Binance's Richard Teng Highlights Efforts in Recovering $6.1 Million Following KiloEx Hack
Binance CEO Richard Teng highlights the platform's role in recovering $6.1M from a KiloEx hack, tracing and blocking 90% of the stolen funds.
Avraham Eisenberg sentenced to over four years in prison on unrelated child pornography charges
Avraham Eisenberg, sentenced to over 4 years for child porn charges, was previously involved in the 2022 $100M Mango Markets exploit.
Closure of BTCMining: UK Crypto Firm Accused of Defrauding Global Clients
BTCMining, a UK crypto business, has been closed due to customer complaints of unpaid returns and fraud, impacting clients globally.
Binance Leadership Raises Alarm Over Rising AI 'Face Attack' Threats
Binance CEO Richard Teng warns crypto users about rising AI 'face attacks' that clone faces to steal crypto, urging enhanced security measures.
Elderly American Loses $330 Million in Notorious Bitcoin Theft
An elderly US citizen falls victim to a $330M Bitcoin theft, the fifth largest in crypto history, using advanced social engineering tactics.
Official SEC Statement 2025-04-29
The SEC has charged Ramil Ventura Palafox, founder of PGI Global, with a fraudulent scheme that resulted in $198 million raised from global investors, with over $57…
SEC Sues PGI Global's Ramil Palafox for Alleged Cryptocurrency Fraud Worth $198 Million
The SEC charges Ramil Ventura Palafox with orchestrating a $198 million crypto fraud scheme, misappropriating over $57 million of investor funds.
Crypto Wallets Must Evolve to Achieve Mainstream Adoption
The article discusses how outdated wallet security, particularly seed phrases, hinders Web3's growth and user adoption.
Bitrace's Crypto Crime Report Reveals Surge in Fraud and Stablecoin Freezing Efforts in 2024
Bitrace's 2024 Crypto Crime Report highlights a sharp rise in cryptocurrency fraud and stablecoin freezing activities, totaling $52.5 billion in losses.
Major Breakthrough in Guangxi's Battle Against Illicit Tobacco Trade via Virtual Currency Transactions
Guangxi authorities have successfully dismantled a criminal gang using USDT for illegal cigarette trade, marking a significant advance in tackling virtual currency…
Binance Intervenes to Recover $6.1 Million in Stolen Cryptocurrency Following KiloEx Breach
Binance successfully recovered $6.1M in stolen funds from the KiloEx exploit by coordinating with security teams and law enforcement.
