Stay informed on the latest crypto security threats, hacks, and scams. Learn how to protect your digital assets and navigate the world of blockchain securely.
Security
Two brothers with degrees from MIT are heading to trial after a federal judge refused to dismiss fraud charges tied to a sophisticated $25 million cryptocurrency scheme. gov.uscourts.nysd.621520.112.0UNITED STATES DISTRICT COURTgov.uscourts.nysd.621520.112.0.pdf353 KBdownload-circle Anton and James Peraire-Bueno are accused of
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Another high-profile legal case in the crypto world has come to a close. The U.S. Department of Justice has officially ended its investigation into Kraken founder Jesse Powell, confirming there will be no charges filed. As reported by Fortune on July 22, the FBI has returned over a dozen
Security
CoinDCX Targeted in Major Crypto Exchange Breach as $44 Million Vanishes Indian cryptocurrency exchange CoinDCX has confirmed a security breach involving one of its internal wallets, resulting in a loss of approximately $44.2 million. The incident, first flagged by blockchain investigator ZachXBT and security firm Cyvers, marks another high-profile
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A New Malware Campaign Is Secretly Mining Monero—and Your Device Could Be Next A sophisticated malware strain known as H2Miner has reemerged, targeting a broad array of systems to covertly mine Monero (XMR). First spotted in 2019, this malicious botnet is now more advanced and aggressive, exploiting vulnerabilities in
Security
BigONE, a global cryptocurrency exchange, has confirmed a major security breach resulting in losses exceeding $27 million, following a supply chain attack on its infrastructure. The exploit, which occurred on July 16, targeted the exchange’s hot wallet through a third-party compromise, marking one of the latest high-profile incidents in
Security
U.S. federal authorities have seized over $10 million in cryptocurrency tied to the Sinaloa cartel, as part of a sweeping national operation targeting cartel-linked drug trafficking and digital money laundering. The Drug Enforcement Administration (DEA), in coordination with the Federal Bureau of Investigation (FBI), carried out the crypto seizure
Security
Abacus Market, the largest Bitcoin-enabled darknet marketplace serving the Western world, has gone offline without warning, leading to strong suspicions of a massive exit scam. According to a new report from blockchain intelligence firm TRM Labs, the marketplace’s website, infrastructure, and clearnet mirror are all now inaccessible—a sudden
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A routine delivery turned into a high-stakes security scare for Coinbase CEO Brian Armstrong this week, after a mysterious package dropped off by an unmarked van prompted his home security team to call in the bomb squad. While the item turned out to be a bottle of tequila sent as
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Robinhood Crypto Faces Scrutiny Over Allegedly Misleading Cost Claims Robinhood Crypto, the digital asset arm of trading platform Robinhood Markets, is under investigation by Florida’s attorney general for allegedly misleading customers about the true cost of trading on its platform. Attorney General James Uthmeier Fights for Florida Crypto Investors,
Security
Nicholas Truglia, a convicted cryptocurrency scammer, has been handed an additional 12-year prison sentence after failing to pay court-ordered restitution tied to a $20 million crypto theft. The latest sentencing comes nearly two years after Truglia pleaded guilty to conspiracy to commit wire fraud. In 2022, he received an 18-month
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As global interest in stablecoins continues to rise, authorities in Shenzhen, China, are urging the public to be cautious. On Monday, local regulators issued a clear warning about the risks of illegal financial schemes that are increasingly using buzzwords like “digital assets” and “financial innovation” to mislead investors. 許正宇：穩定幣牌照年內發
Security
One of Brazil’s largest-ever digital heists has taken a crypto twist. Following the theft of nearly $140 million (R$800 million) from six financial institutions connected to Brazil’s Central Bank, blockchain sleuth ZachXBT has uncovered that up to $40 million of the stolen funds have already been converted