The Tapioca Foundation has issued a $1 million bounty to the hacker responsible for stealing $4.7 million from its DeFi protocol in what has been described as a sophisticated social engineering attack. The offer, made through an on-chain message...
The X account of DeFi protocol EigenLayer was compromised earlier today, October 18, to promote a fraudulent airdrop campaign. The attackers posted a message that appeared to be a follow-up to a legitimate campaign but instead directed users to...
Ilya Lichtenstein, the mastermind behind the largest cryptocurrency hack in history, faces a 5-year prison sentence after U.S. prosecutors urged a Washington district judge to impose the punishment. Lichtenstein, along with his wife, Heather Morgan, admitted to laundering $6...
Binance has once again played a crucial role in assisting Indian authorities in dismantling a fraudulent crypto-linked operation. According to Inc42, a local media outlet, over $100,000 worth of USDT was confiscated, and several arrests were made in the...
An unknown on-chain entity has incurred a massive loss of wrapped Ethereum (ETH) tokens worth $36 million after mistakenly authorising a malicious transaction. In an X post on Friday, October 11, blockchain analytics platform Lookonchain revealed that an entity,...
The recent criminal charges against Aleksei Andriunin, CEO of market-making firm Gotbit, for allegedly orchestrating a $42 million crypto market manipulation scheme have sent ripples through the industry. However, analysts believe that the eventual fallout could yield positive developments...
Indian crypto exchange WazirX is working closely with government authorities, including the Financial Intelligence Unit (FIU), to address the aftermath of a July hack that led to the theft of $235 million from one of its wallets, according to...
The FBI has issued a warning about a cryptocurrency scam that has allegedly wiped out the life savings of some Americans. According to a report by abc13, the FBI claims that ICHCoin is a sophisticated scam disguised as a...
According to data from Scam Sniffer, crypto funds lost to phishing attacks in September significantly decreased compared to the previous month despite a rise in the number of victims. In a series of X posts published on October 4,...
A recent study by Crypto ISAC indicates that despite the widespread belief that cryptocurrencies are the primary tool for unlawful transactions, cash remains the top choice for criminals involved in illicit finance. Unlike blockchain transactions, which leave an immutable...
