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UwU Lend has experienced a significant attack resulting in the theft of over $19 million in tokens. The attacker exploited price manipulation techniques to carry out the heist, using flash loans to orchestrate the scheme. Initially, the attacker used a flash loan to swap $USDe for other tokens, causing the price of $USDe and $sUSDe … Read more
In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection. Go to Source Powered by WPeMatico
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ … Read more
AUSTRAC also urged financial institutions from debanking clients who may be engaged in suspicious account activity, as a mistake could be costly to “Australia’s economy.” Go to Source Powered by WPeMatico
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about stopping darknet crime, money laundering, and other abuses facilitated by … Read more
A new report alleges that just two groups of hackers dominate the majority of cybercrime directed against cryptocurrency exchanges. Together, these groups have responsible for stealing about $1 billion of cryptocurrency so far. Also Read: Arwen Enables Self-Custody for Traders of Centralized Exchanges The Most Lucrative of All Crypto Crimes Digital surveillance company Chainalysis has … Read more
A Japanese actress and singer has helped the Tokyo Metropolitan Police Department raise awareness on cybersecurity issues, including cryptocurrencies. She reportedly took on the role of a cybersecurity manager in an event hosted by the department where participants learned about cybercrime countermeasures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rie Kitahara Raises Cybersecurity … Read more
Two of the leading international cyber security firms, one from Russia and one from the USA, have both published their finds at the end of June showing an increase in the malware threats market share of cryptojacking at the expense of ransomware. Also Read: Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market … Read more
Indian exchange Coinsecure has announced its plan to repay customers for stolen bitcoins as well as a 10 percent bounty to anyone who helps recover them. The exchange claims it was an inside job, and suspects its chief security officer of playing a role in siphoning off the money. Also read: Japan’s DMM Bitcoin Exchange Opens for … Read more
Europol has revealed that an international group of cyber criminals, which has stolen over a billion dollars from multiple banks by hacking their ATMs, has been using cryptocurrency as a means to conduct money laundering. The information was made public after cooperation by investigators from all over the world led to the arrest of the … Read more
