Bitcoin
Hacker pleads guilty to SIM swap attack on US SEC X account
Today, an Alabama man pleaded guilty to hijacking the U.S. Securities and Exchange Commission (SEC) account on X in a January 2024 SIM swapping attack. This comes after the defendant, 25-year-old Eric Council Jr., first pleaded not guilty to hacking the account and enabling his co-conspirators to make a fake announcement that Bitcoin ETFs were approved. “Today […]
North Korean hackers stole $1.3 billion worth of crypto this year
North Korean hackers have stolen $1.34 billion worth of cryptocurrency across 47 cyberattacks that occurred in 2024, according to a new report by blockchain analysis company Chainalysis. This amount represents 61% of the total stolen funds for the year, marking a year-over-year increase of 21%. Although the total number of incidents in 2024 reached a […]
Bitcoin ATM firm Byte Federal hacked via GitLab flaw, 58K users exposed
US Bitcoin ATM operator Byte Federal has disclosed a data breach that exposed the data of 58,000 customers after its systems were breached using a GitLab vulnerability. Byte Federal is the largest US operator of Bitcoin ATMs across the United States, with over 1,200 ATMs located in forty-two states, allowing people to exchange cash for cryptocurrency. […]
Bitfinex hacker gets 5 years in prison for 120,000 bitcoin heist
A hacker responsible for stealing 119,754 Bitcoin in a 2016 hack on the Bitfinex cryptocurrency exchange was sentenced to five years in prison by U.S. authorities. The man, Ilya Lichtenstein, was arrested in February 2022 in Manhattan following a lengthy investigation led by the IRS, HSI, and the FBI, which managed to recover roughly 80% of the […]