CryptoCurrency
New Web3 attack exploits transaction simulations to steal crypto
Threat actors are employing a new tactic called “transaction simulation spoofing” to steal crypto, with one attack successfully stealing 143.45 Ethereum, worth approximately $460,000. The attack, spotted by ScamSniffer, highlights a flaw in transaction simulation mechanisms used in modern Web3 wallets, meant to safeguard users from fraudulent and malicious transactions. How the attack works Transaction simulation […]
Cryptocurrency wallet drainers stole $494 million in 2024
Scammers stole $494 million worth of cryptocurrency in wallet drainer attacks last year that targeted more than 300,000 wallet addresses. This marks a 67% increase over 2023 figures although the number of victims only rose by 3.7%, indicating that victims held more significant amounts on average. The data comes from web3 anti-scam platform ‘Scam Sniffer,’ […]
New ‘OtterCookie’ malware used to backdoor devs in fake job offers
North Korean threat actors are using new malware called OtterCookie in the Contagious Interview campaign that is targeting software developers. Contagious Interview has been active since at least December 2022, according to researchers at cybersecurity company Palo Alto Networks. The campaign targets software developers with fake job offers to deliver malware such as BeaverTail and InvisibleFerret. […]
FBI links North Korean hackers to $308 million crypto heist
The North Korean hacker group ‘TraderTraitor’ stole $308 million worth of cryptocurrency in the attack on the Japanese exchange DMM Bitcoin in May. In a short post, the FBI attributed the attack to the state-affiliated threat actor TraderTraitor, also tracked as Jade Sleet, UNC4899, and Slow Pisces. The crypto heist occurred in May 2024 and forced the platform to restrict account registration, […]
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 […]
Malicious Rspack, Vant packages published using stolen NPM tokens
Three popular npm packages, @rspack/core, @rspack/cli, and Vant, were compromised through stolen npm account tokens, allowing threat actors to publish malicious versions that installed cryptominers. The supply chain attack, spotted by both Sonatype and Socket researchers, deployed the XMRig cryptocurrency miner on compromised systems for mining the hard-to-trace Monero privacy cryptocurrency. Additionally, Sonatype discovered that all three npm packages […]
Interpol replaces dehumanizing “Pig Butchering” term with “Romance Baiting”
Interpol calls on the cybersecurity community, law enforcement, and the media to stop using the term “Pig Butchering” when referring to online relationship and investment scams, as it unnecessarily shames the victims impacted by these fraud campaigns. The term “pig butchering” comes from how scammers perform social engineering scams where the victims are described as […]
New fake Ledger data breach emails try to steal crypto wallets
A new Ledger phishing campaign is underway that pretends to be a data breach notification asking you to verify your recovery phrase, which is then stolen and used to steal your cryptocurrency. Ledger is a hardware cryptocurrency wallet that allows you to store, manage, and sell cryptocurrency. The funds in these wallets are secured using […]
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. […]
Radiant links $50 million crypto heist to North Korean hackers
Radiant Capital now says that North Korean threat actors are behind the $50 million cryptocurrency heist that occurred after hackers breached its systems in an October 16 cyberattack. The attribution comes after investigating the incident, assisted by cybersecurity experts at Mandiant, who say the attack was conducted by North Korean state-affiliated hackers known as Citrine […]