The recent $90 million cyberattack on Nobitex, Iran’s largest crypto exchange, may have exposed more than just security vulnerabilities—it could also be connected to a developing espionage case involving Israeli citizens allegedly recruited by Iran, according to a new analysis by TRM Labs. Three Israeli Citizens Arrested for

A New York federal court has sentenced 57-year-old Dwayne Golden to nearly eight years in prison for orchestrating a fraudulent cryptocurrency scheme that defrauded investors out of more than $40 million. Golden’s sentencing marks one of the most significant legal outcomes yet in the crackdown on crypto-related financial crime.

Israeli authorities have arrested three individuals suspected of collaborating with Iranian intelligence in separate espionage cases, two of which allegedly involved cryptocurrency payments as compensation. These arrests come amid growing concerns over the use of digital currencies in cyber espionage and covert geopolitical operations. The Israeli police and Shin Bet

In a case that has stunned the crypto world and captured attention far beyond it, Veer Chetal, one of three individuals behind a $245 million Bitcoin theft, has pleaded guilty to charges of fraud and money laundering in a U.S. federal court. The 19-year-old from Connecticut now faces a

Blockchain startup Self Chain has officially removed founder Ravindra Kumar from his role as CEO following serious allegations linking him to a multi-month over-the-counter (OTC) crypto fraud that may have siphoned more than $50 million from investors. The announcement, made Monday on the project's official X (formerly Twitter)

Trezor, a leading manufacturer of crypto hardware wallets, has issued a security alert after discovering that attackers exploited its online support system to launch a targeted phishing campaign. The scam involved impersonating Trezor’s support team in emails that appeared legitimate but were designed to trick users into revealing their

In response to one of the largest data breaches in history, Tether CEO Paolo Ardoino has announced PearPass, a fully local, open-source password manager designed to operate without servers or cloud infrastructure. The announcement comes on the heels of a Cybernews investigation that uncovered 16 billion stolen login records, affecting

Crypto leaders are sounding the alarm over a new kind of scam that’s catching even seasoned professionals off guard: AI-powered deepfake impersonations over video calls. Former Binance CEO Changpeng Zhao (CZ) is the latest to speak out, warning the crypto community to stay vigilant as reports of these attacks

A high-profile cyberattack has pushed the Israel-Iran conflict further into the digital realm. A group calling itself Gonjeshke Darande, or Predatory Sparrow, claims to have stolen and then burned nearly $90 million in crypto from Iran’s largest exchange, Nobitex. Framed as a politically motivated operation, the heist highlights growing

In a dramatic escalation of cyber conflict tied to Middle Eastern geopolitical tensions, a pro-Israel hacker group known as Gonjeshke Darande—also called Predatory Sparrow—claims to have permanently destroyed over $90 million in cryptocurrency stolen from Nobitex, Iran’s largest digital asset exchange. The group announced via social platform

A North Korean hacking group known as Famous Chollima is targeting crypto industry job seekers in India, according to a new report from Cisco Talos. The group has been using fake job offers and deceptive recruitment websites to trick victims into downloading malware—a method that echoes previous cyber tactics

A South Korean court has acquitted Lee Hyung-soo, CEO of crypto investment firm Haru Invest, of criminal fraud charges tied to the alleged loss of $650 million in investor funds. The ruling comes nearly a year after Haru halted user withdrawals and shuttered operations, triggering a criminal probe and investor

The crypto laundering network Huione remains active and operational despite facing sanctions from U.S. regulators and reports of a shutdown. According to Chainalysis, transaction volumes on the platform have not only held steady but increased following a May 1 designation by the U.S. Treasury’s FinCEN, which labeled

Coinbase is making strides to fix one of its most persistent pain points—account freezing. CEO Brian Armstrong announced this week that the company has reduced account restrictions by 82%, a significant move aimed at restoring confidence among users long frustrated by sudden lockouts and stalled access to funds. Account

North Korea-linked hacking group Lazarus is back in the spotlight with a sophisticated new cyberattack campaign aimed at professionals in the cryptocurrency and financial sectors. According to web3 security firm SlowMist, the group is leveraging a new malware strain dubbed OtterCookie, using tactics like fake job offers, deepfake recruiter videos,

Authorities in Morocco have arrested Badiss Mohamed Amide Bajjou, a Franco-Moroccan national identified as the mastermind behind a wave of violent crypto-related kidnappings in France. The arrest, carried out in Tangier, marks a significant development in a case that has shocked French law enforcement and triggered heightened security across the

June has started on a sour note for the crypto industry, with two major hacks reported within hours of each other. Combined, the incidents have resulted in over $15 million in losses, highlighting ongoing vulnerabilities in both cross-chain infrastructure and centralized exchange systems. Force Bridge Exploit Drains $3.7 Million

Cryptocurrency giant Coinbase is once again under legal scrutiny in Illinois, where a new class-action lawsuit alleges the company violated the state’s strict biometric privacy laws during its customer verification process. Filed on May 13 in the U.S. District Court for the Northern District of Illinois, the complaint

Ethereum’s latest technical advancement, EIP-7702, was designed to make wallets smarter and more secure—but cybercriminals are now turning that same feature into a tool for automated theft. Following Ethereum’s Pectra upgrade, the newly introduced smart wallet functionality is being rapidly adopted by wallet providers—and, alarmingly, by

Crypto crime is on the rise—and MEXC is sounding the alarm. The global cryptocurrency exchange reported a 200% increase in detected fraudulent activity on its platform over the past year, with India and Indonesia emerging as the most affected regions. In a May 30 update, MEXC revealed it identified

Bitcoin, long hailed as a decentralized and secure digital currency, is now facing growing criticism from security experts over the long-term sustainability of its network. According to Ethereum Foundation researcher Justin Drake, Bitcoin’s security model may be on a dangerous path—one he bluntly called a “time bomb.” The

In a move that could reshape the regulatory landscape for digital assets in the U.S., the Securities and Exchange Commission’s Division of Corporation Finance clarified Thursday that certain staking activities on proof-of-stake (PoS) blockchain networks do not constitute securities transactions. In its statement, the Division noted that “participants

Australia’s top financial regulator is taking legal action against Allan Guo, the former executive behind now-defunct cryptocurrency exchange ACX, for alleged breaches of corporate duties and mismanagement of user funds. The Australian Securities and Investments Commission (ASIC) announced civil penalty proceedings against Guo, claiming he mishandled customer assets, failed

Nearly three months after one of the largest crypto heists in history, blockchain analysis reveals that close to half of the $1.4 billion stolen from Bybit has effectively vanished. According to internal data and third-party analytics, $644 million in crypto funds has been funneled through advanced laundering tools, rendering

Cetus Protocol, a decentralized exchange built on the Sui blockchain, has confirmed that a previously overlooked bug in an open-source library was responsible for a $223 million exploit that shook the platform last week. The vulnerability, buried in the inter_mate library's checked_shlw method, stemmed from a