The infamous Lazarus Group, linked to North Korea, continues to launder funds from the $1.5 billion ByBit exchange hack in February 2025, the largest crypto heist to date. Blockchain analysts report the…
Category: Hacks & Security
Australian Olympic Breakdancer’s Brother Arrested in $100K Crypto Fraud Case
In a shocking development, Brendan Gunn, the brother of Australian Olympic breakdancer Rachael Gunn (known as “Raygun”), has been arrested for allegedly orchestrating a cryptocurrency fraud scheme worth over $100,000. Reports suggest…
Crypto Scams Reach Record Highs in 2024, Fueled by AI
In 2024, cryptocurrency scams reached unprecedented levels, with total scam revenue estimated between $9.9 billion and $12.4 billion. A significant contributor to this surge is the rise of “pig butchering” scams, where…
Argentine President Faces Scandal Over Endorsed Cryptocurrency Crash
Argentine President Javier Milei is embroiled in controversy after the cryptocurrency $LIBRA, which he promoted, experienced a significant crash, leading to substantial investor losses. The incident has sparked fraud allegations and calls…
‘Pig Butchering’ Scams Evolve with Advanced Technology
The United Nations Office on Drugs and Crime (UNODC) reports a surge in “pig butchering” scams, where criminals establish fake relationships to defraud victims. These scams have become more sophisticated, employing technologies…
North Korean Hackers Steal Over $650 Million in Crypto Heists in 2024
In 2024, North Korean hackers, notably the Lazarus Group, orchestrated multiple cryptocurrency heists totaling $659 million. Significant incidents include a $308 million theft from Japan’s DMM Bitcoin exchange and a $235 million…
Connecticut Resident Recovers $180,000 from ‘Pig Butchering’ Crypto Scam
Connecticut State Police have successfully recovered approximately $180,000 for a local resident who fell victim to a cryptocurrency scam known as “pig butchering.” The scam involved fraudsters building a relationship with the…
Blockchain Security Firms Launch AI-Powered Threat Detection Systems
In response to the growing wave of blockchain hacks, leading cybersecurity firms are rolling out AI-powered threat detection systems for crypto exchanges and DeFi platforms. These advanced systems analyze blockchain transactions in…
North Korean Hackers Targeting Blockchain Startups in 2025
According to a recent report, North Korean hacker group Lazarus is ramping up attacks on blockchain startups and crypto exchanges in 2025. The group has stolen hundreds of millions of dollars in…
$120 Million Stolen in Major DeFi Protocol Hack
Another decentralized finance (DeFi) platform has fallen victim to hackers, with an estimated $120 million stolen in a recent attack. The exploit targeted a vulnerability in the protocol’s smart contract, allowing the…