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Mask Network founder Suji Yan’s personal digital assets worth nearly $4 million were stolen in a suspicious transaction. Coordinated Laundering Attempt The blockchain security firm Cyvers said Feb. 27 it had detected suspicious transactions linked to Suji Yan, the founder of Mask Network. At the time of writing, the suspicious address had received nearly $4 … Read more
Chainflip, a decentralized cross-chain service and market maker, is implementing an upgrade to block illicit funds, specifically those from the recent Bybit hack. Hacked Funds Expose LPs to Excessive Risk Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market … Read more
Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway. In a statement shared via X, the neobank … Read more
According to Kaspersky, the campaign started last December, targeting users who are downloading torrents of popular games with a silent install of XMRig, a monero mining program. Crypto Malware Targets Gamers: Monero Mining Payload Delivered via Popular Game Torrents Hackers are now targeting gamers, which have capable computers, with crypto-mining malware. According to Kaspersky, the … Read more
Recently unsealed court records indicate that a family was kidnapped by a group of six individuals in Chicago last November. Kidnappers asked for a $15 million ransom in cryptocurrency before releasing the family near a dry cleaning business. Kidnappers Demand $15 Million Crypto Ransom for Release of Family in Chicago As crypto gains relevance, more … Read more
A Kenyan law enforcement agency said it regained control of its X and Facebook accounts on Feb. 9, just hours after hackers used them to promote a fake cryptocurrency. Hackers Offer Tokens for Likes Kenya’s Directorate of Criminal Investigations (DCI) announced Feb. 9 that it had regained control of its X and Facebook accounts from … Read more
Proton, the team behind Proton Mail, has taken another step into the financial world by launching Proton Wallet beyond its early access phase. This self-custodial bitcoin wallet empowers users to control their BTC, secure their funds with cutting-edge encryption, and transact peer-to-peer using the Bitcoin via Email feature, streamlining what was once a complex process. … Read more
According to Kaspersky, a Russian cybersecurity firm, several apps available in the Google Play Store and the Apple App Store contain components capable of scanning images that include cryptocurrency seed phrases. Seed Phrases Stored in Screenshots at Risk, Kaspersky Warns Kaspersky, a cybersecurity firm of Russian origin, has warned about a new threat that targets … Read more
But perhaps his most serious allegation is that Coinbase appears to be doing little to curb the issue. America’s Largest Cryptocurrency Exchange Has Failed to Protect Its Users, According to an Onchain Analyst Pseudonymous onchain analyst Zachxbt claimed on Monday that Coinbase users, many of them elderly, have lost more than $300 million annually to … Read more
The SOC 2 certification ensures enterprise-level protection for every staked crypto against rising cyber threats during the crypto market’s bullish cycle. Everstake Strengthens Web3 Security With SOC 2 Certification Everstake, a blockchain staking provider has successfully obtained the SOC 2 Type 1 certification, reinforcing its commitment to top-tier security and privacy standards. The independent compliance … Read more
