Hacks and scams stole $3B from crypto activities in 2024 — PeckShield
According to the security firm, hacks accounted for more than 70% of crypto losses due to illicit activities in 2024, compared to 30% for scams. Go to Source
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According to the security firm, hacks accounted for more than 70% of crypto losses due to illicit activities in 2024, compared to 30% for scams. Go to Source
As Netflix released Squid Game Season 2 after Christmas, tokens of the same name flooded the crypto markets. Go to Source
XT.com has issued a statement acknowledging an “abnormal transfer of platform wallet assets” but hasn’t confirmed the $1.7 million hack yet. Go to Source
Cardi B’s WAP memecoin launch stirs controversy as crypto investigators link the wallet address to past scams and rug pull projects. Go to Source
The Penpie protocol hacker funneled $7 million through Tornado Cash within hours after stealing $27 million, highlighting DeFi security risks. Go to Source
Two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million. Go to Source
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures. Go to Source
The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns. Go to Source
Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen. Go to Source
According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain security firm Peckshield revealed that Lifi Finance had been compromised, … Read more