North Korean Cyber Operatives Set up Fake US Companies to Target Crypto Developers

North Korean cyber operatives reportedly established two fake U.S. businesses using false identities to bypass Treasury sanctions and target cryptocurrency developers with malware. Hackers Target Unsuspecting Job Applicants North Korean cyber operatives reportedly set up two fraudulent businesses in the United States, evading Treasury sanctions to infect cryptocurrency developers with malware. The entities, Blocknovas LLC … Read more

Zksync Hacker Returns Stolen Funds, Keeps 10% Reward

The hacker who made off with $5 million in unclaimed ZK tokens complied with the safe harbor deadline and returned the funds, according to the Zksync Association. Hacker Cooperates to Collect Bounty The Zksync Association said the hacker who compromised an admin account and stole $5 million in unclaimed ZK tokens has “cooperated and returned … Read more

Bybit CEO Ben Zhou Provides Update on Hacked Funds and Recovery Efforts

Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen. The untraceable funds primarily flowed into mixers before being transferred … Read more

Hacked Decentralized Exchange Kiloex Claims All Stolen Funds Have Been Returned

The decentralized exchange Kiloex, which was recently hacked, announced that all stolen funds have been recovered. The company stated that it is now working with legal authorities and experts to officially close the case. Since all funds have been returned, there are no remaining victims, fulfilling Kiloex’s promise of a fair and transparent resolution. The … Read more

Zksync Admin Hack Drains $5M—Native ZK Token Plummets 13% in Minutes

On Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness. From Airdrop to Heist: $5M Worth of ZK Vanished Matter Labs’ Zksync—an Ethereum layer two … Read more

Kiloex DEX Hacked for $7 Million

Decentralized exchange Kiloex suffered a $7 million exploit. Security firm Cyvers identified a potential price oracle vulnerability as the cause. Kiloex Calls for Blacklisting of Attacker’s Address Kiloex, a decentralized exchange (DEX) on the BNB Smart Chain, confirmed it was the victim of a $7 million digital fund exploit. Blockchain security firm Cyvers said the … Read more

Hackers Exploit Fake Microsoft Office Add-ins to Spread Crypto Miner and Wallet-Stealing Trojan

In a recent security alert, Kaspersky researchers have uncovered a unique malware distribution scheme exploiting Sourceforge, a popular software hosting platform. Attackers have created a project named “officepackage” that appears to offer Microsoft Office add-ins but instead leads users to download malicious software. The scheme involves redirecting users from a seemingly legitimate Sourceforge page to … Read more

Experts Warn: Africa’s High Crypto Adoption Rate Attracts Cybercriminals

Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users how to verify token promotions. Compromised Accounts Used in Crypto Fraud Promotions Africa faces a growing threat from hackers who are hijacking the social media … Read more