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Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud. Go to Source
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malware variant, characterized by its multifunctional backdoor capabilities, was distributed through exploiting legitimate security software specific to South Korean crypto firms, … Read more
The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms. Go to Source
In the first quarter of 2024, more than $336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $144.48 million in two major hacking incidents. In contrast, centralized finance platforms reported no incidents of hacking or … Read more
While total year-over-year losses to hackers dropped 58%, BNB Chain saw 119 security incidents leading to losses of around $70 million, followed by Ethereum, with 55 incidents netting hackers over $65 million. Go to Source Powered by WPeMatico
The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals. Go to Source Powered by WPeMatico
The industry is likely to see “further attempts from hackers targeting bridges in 2023,” while users are urged to be warier of their private keys. Go to Source Powered by WPeMatico
The month of December had the smallest figure for cryptocurrencies stolen in 2022 with around 23 major incidents according to CertiK. Go to Source Powered by WPeMatico
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October Chainalysis shared some crypto-related hacking statistics Wednesday. The blockchain data analytics … Read more
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline. Go to Source Powered by WPeMatico
