Financial Theft
Blockchain gaming platform WEMIX hacked to steal $6.1 million
Blockchain gaming platform WEMIX suffered a cyberattack last month, allowing threat actors to steal 8,654,860 WEMIX tokens, valued at approximately $6,100,000 at the time. During a press conference held yesterday, WEMIX’s CEO Kim Seok-Hwan confirmed the incident occurred on February 28, 2025, explaining that the delay in issuing a public announcement wasn’t an attempt to […]
U.S. recovers $31 million stolen in 2021 Uranium Finance hack
U.S. authorities recovered $31 million in cryptocurrency stolen in 2021 cyberattacks on Uranium Finance, a Binance Smart Chain-based DeFi protocol. Uranium Finance was a decentralized finance (DeFi) protocol built on Binance’s BNB Chain that operated as an automated market maker (AMM) similar to Uniswap. The platform launched in April 2021, but hackers quickly exploited vulnerabilities in […]
Solana Pump.fun tool DogWifTool compromised to drain wallets
Hackers have compromised the Windows version of the DogWifTools software for promoting meme coins on the Solana blockchain in a supply-chain attack that drained users’ wallets. The developers claim that a malicious threat actor compromised the project’s private GitHub repository after reverse engineering the software to extract a GitHub token. The maintainers of the platform said […]
Hackers steal $85 million worth of cryptocurrency from Phemex
The Phemex crypto exchange suffered a massive security breach on Thursday where threat actors stole over $85 million worth of cryptocurrency. Following the Thursday cyberattack, the cryptocurrency exchange immediately suspended deposits and withdrawals and published proof of reserves for transparency. According to Phemex’s CEO, Federico Variola, the incident only impacted hot wallets while cold wallets […]
US govt says North Korea stole over $659 million in crypto last year
North Korean state-backed hacking groups have stolen over $659 million worth of cryptocurrency in multiple crypto-heists, according to a joint statement issued by the United States, South Korea, and Japan on Tuesday. The announcement also warns that threat groups linked to the Democratic People’s Republic of Korea (DPRK) are still actively targeting blockchain technology industry […]
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,’ […]
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 […]
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 […]
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 […]