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Scams, Hacks & Breaches

Illicit Crypto Addresses Received $40,900,000,000 Worth of Digital Assets Last Year: Chainalysis

Illicit crypto addresses pocketed a staggering $40.9 billion worth of digital assets last year, and that number is likely to…

February 28, 2025

Bybit Launches Community Effort To Fight North Korean Hackers Lazarus Group After $1,400,000,000 Heist

The Bybit CEO is launching a new initiative that calls on the crypto community to help retrieve digital assets stolen…

February 27, 2025

Bybit Hackers Launder $335,000,000 in Ethereum (ETH) With ‘No Friction, No Risk’: Report

The perpetrators of the largest crypto heist in history have reportedly moved a large portion of the stolen funds without…

February 27, 2025

Bitwise CIO Matt Hougan Says Crypto Needs ‘Another Story’ As Memecoin Narrative Fizzles Out

The chief investment officer of crypto asset management firm Bitwise says the industry needs a new selling point now that…

February 26, 2025

Bybit Forensic Investigation Determines $1,480,000,000 Hack Stemmed From Vulnerability in Safe Wallet

An investigation into the recent Bybit hack has determined that the attackers most likely took advantage of a vulnerability in…

February 26, 2025

$200,000 Exits Dead Man’s Bank Account As Bank Employee Allegedly Pilfers Massive Pile of Cash for Personal Gain: Report

A billion-dollar bank is now being sued after more than $200,000 vanished from a dead man’s account, according to a…

February 25, 2025

Crypto Exchange Bybit Fully Closes Ethereum Gap, According to Updated Proof of Reserves Report

Bybit's chief executive says the firm has now fully closed the Ethereum gap after hackers stole nearly $1.5 billion worth…

February 25, 2025

Elliptic Says Lazarus Group Using eXch To Launder Stolen Funds Despite Requests From Bybit To Block Transactions

The Lazarus Group has laundered stolen crypto from last week's record-shattering Bybit hack through the exchange eXch, according to the…

February 25, 2025

Kansas Town Rocked by Former Banker Who Was Duped by $47,100,000 Crypto Scam: Report

The ex-CEO of a small bank reportedly sent shockwaves through a small American community when he fell for an elaborate…

February 24, 2025

Bybit Promises up to $140,000,000 Bounty To Hunt Down Perpetrators of ‘Largest Heist’ in Crypto History

The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the…

February 24, 2025