CryptoCurrency
China’s Apple App Store infiltrated by crypto-stealing wallet apps
A set of 26 malicious apps on Apple App Store impersonate popular wallets, such as Metamask, Coinbase, Trust Wallet, and OneKey, to steal recovery or seed phrases and drain them of cryptocurrency assets. The threat actor used multiple methods to imitate official products, including typosquatting and fake branding, to lure users in China into downloading […]
British Scattered Spider hacker pleads guilty to crypto theft charges
A British man, believed to be the leader of the Scattered Spider cybercrime collective, has pleaded guilty in the United States to charges of wire fraud and aggravated identity theft. In November 2024, U.S. prosecutors accused 24-year-old Tyler Robert Buchanan and four other suspects of stealing at least $8 million in cryptocurrency after hacking at least a dozen companies […]
Grinex exchange blames “Western intelligence” for $13.7M crypto hack
Kyrgyzstan-based cryptocurrency exchange Grinex has suspended its operations after suffering a $13.7 million hack attributed to Western intelligence agencies. The funds were stolen from cryptocurrency wallets belonging to Russian users, as the platform enables crypto-ruble exchange operations between Russian businesses and individuals. Launched early last year, Grinex has Russian links and is believed to be […]
Crypto-exchange Kraken extorted by hackers after insider breach
The Kraken cryptocurrency exchange announced that a cybercrime group is trying to extort the company by threatening to release videos showing internal systems that host client data. The company’s Chief Security Officer, Nick Percoco, stated that the incident did not put client funds at risk and involved an insider threat, with two instances of improper access to […]
Fake Ledger Live app on Apple’s App Store stole $9.5M in crypto
A malicious Ledger Live app for macOS available from Apple’s App Store has drained approximately $9.5 million in cryptocurrency from 50 victims in just a few days this month. Users who downloaded the fake Ledger app were tricked into entering their seed/recovery phrases, thus giving attackers full access to their wallets and allowing them to […]
Over 20,000 crypto fraud victims identified in international crackdown
An international law enforcement action led by the U.K.’s National Crime Agency (NCA) has identified over 20,000 victims of cryptocurrency fraud across Canada, the United Kingdom, and the United States. Dubbed “Operation Atlantic,” this joint action took place last month, and it involved the NCA, the U.S. Secret Service, the Ontario Provincial Police, the Ontario […]
Hackers steal $3.6 million from crypto ATM giant Bitcoin Depot
Bitcoin Depot, which operates one of the largest Bitcoin ATM networks, says attackers stole $3.665 million worth of Bitcoin from its crypto wallets after breaching its systems last month. The company manages more than 25,000 Bitcoin ATMs and BDCheckout locations worldwide and reported revenue of $615 million in 2025. As revealed in a filing with […]
FBI: Americans lost a record $21 billion to cybercrime last year
U.S. victims lost nearly $21 billion to cyber-enabled crimes last year, driven primarily by investment scams, business email compromise, tech support fraud, and data breaches, the Federal Bureau of Investigation says. The figure continues the year-over-year record trend as it is up 26% compared to 2024, when Americans lost $16.6 billion to cybercrime. A similar uptick was recorded […]
Drift $280M crypto theft linked to 6-month in-person operation
The Drift Protocol says that the $280+ million hack it suffered last week was the result of a long-term, carefully planned operation that included building “a functioning operational presence inside the Drift ecosystem.” On April 1st, the Solana-based trading platform detected unusual activity that was followed by confirmation that funds had been lost in a sophisticated attack […]
Drift loses $280 million North Korean hackers seize Security Council powers
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. Blockchain intelligence firms Elliptic and TRM Labs linked the attacks to North Korean threat actors, based on multiple on-chain indicators consistent with DPRK tradecraft. These include Tornado Cash usage, CarbonVote deployment timing (09:30 Pyongyang time), cross-chain […]