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Scams, Hacks & Breaches

FBI Arrests Man Accused of Running $335,000,000 Bitcoin Money Laundering Service

FBI agents have arrested Roman Sterlingov, the alleged principal operator of Bitcoin Fog, a website that offers Bitcoin (BTC) "tumbler"…

April 29, 2021

Crypto Scam, Frozen Assets and Missing CEO Lead to Raids in Turkey

Reports indicate that a Turkish crypto exchange used the popular cryptocurrency Dogecoin as bait to lure investors into a fraudulent…

April 23, 2021

DeFi Platforms PancakeSwap and Cream Finance Hit With Simultaneous Domain Attacks

Hackers have hit decentralized finance (DeFi) platforms PancakeSwap (CAKE) and Cream Finance (CREAM) in simultaneous attacks that sought to compromise…

March 16, 2021

PAID Network Protocol Exploited, Attacker Grabs $3,000,000 in Ethereum

Decentralized finance (DeFi) platform PAID Network Protocol is dealing with the aftermath of an exploit in which the attacker got…

March 6, 2021

Google Teams With D-Wave in Massive Quantum Computing Leap, Cracking Simulation Problem

Google and D-Wave Systems say they've achieved a new milestone in the world of quantum computing. In a press release,…

February 26, 2021

Privacy-Centric Coin Verge Suffers Massive Reorganization Attack, Developers Say Funds Are Safe

Pornhub payment option Verge (XVG) is suffering from a brutal attack that allowed malicious actors to orchestrate what appears to…

February 16, 2021

yearn.finance Reveals Details on Hack That Triggered $11 Million Loss

Decentralized finance (DeFi) yield aggregator yearn.finance (YFI) reveals the details of a hacking incident that caused a total loss of…

February 7, 2021

Banks (Not Bitcoin) in Australia Laundered $387,000,000 for Latin American Drug Cartels: Report

Australian financial institutions laundered $387 million for Latin American cocaine cartels, according to a new report. The Australian Financial Review…

January 26, 2021

Hacker Successfully Cracks DeFi Platform, Prints 40 Quintillion Coins Before Returning Funds

A hacker successfully cracks decentralized finance (DeFi) platform Cover Protocol en route to printing 40 quintillion COVER tokens and decimating…

December 29, 2020

Ledger Issues Update on Data Breach That Leaked Personal Information of 272,000 Customers

The CEO of crypto hardware wallet maker Ledger has posted a letter to hundreds of thousands of customers whose personal…

December 22, 2020