U.S. federal authorities have charged six individuals in connection with a kidnapping case in Chicago that netted approximately $15 million in Bitcoin, Ethereum, and other cryptocurrencies. The suspects, identified as Zehuan Wei, Fan Zhang, Huajing Yan, Shengnan Jiang, Shiqiang...
zkLend, a Starknet-based Layer 2 money-market protocol, has suffered a security breach resulting in the loss of over $9 million worth of Ether from its coffers. In response, the platform has suspended all withdrawals and launched an internal investigation...
In a coordinated international effort, the United States, the United Kingdom, and Australia have imposed sanctions on Russia-based hosting provider Zservers and its UK-based affiliate, XHOST Internet Solutions LP, for allegedly facilitating cybercrime. The sanctions, announced on February 11...
A security breach at the Four.Meme memecoin launched the platform, which led to the theft of around $183,000 in digital assets. The attack occurred on February 11 and specifically targeted the project on the BNB Chain as interest in...
A surge in crypto scams fueled by social engineering tactics marked 2024, with cybercriminals increasingly hijacking the accounts of high-profile figures to manipulate investors. A new research report by blockchain forensic firm Merkle Science on February 11 highlights how...
A native of the U.S. state of Indiana, Evan Frederick Light, has been sentenced to 20 years in federal prison for his role in a cybercrime scheme that stole over $37 million in cryptocurrency from nearly 600 victims. The...
HipHop music icon Ye, formerly known as Kanye West, has publicly disclosed that he turned down a $2 million offer to participate in a cryptocurrency scam targeting his 32.6 million social media followers. The revelation comes amid growing concerns...
Cryptocurrency scammers have adopted a new phishing tactic targeting Phantom Wallet users by using deceptive pop-ups that appear to be legitimate update requests. Web3 security firm Scam Sniffer revealed that this sophisticated scam aims to drain user wallets by...
There are malware-infected apps on Google's Play Store and Apple's App Store that target crypto wallet users, according to Cybersecurity firm Kaspersky. The firm's researchers recently published a report stating that they have identified malware-infected apps on these mobile...
Phishing scams cost crypto users over $10.2 million in January, affecting more than 9,000 victims, according to blockchain security firm ScamSniffer. Although losses dropped by 56% compared to December, new and evolving scams are gaining traction, posing fresh user...
