Toobit, a cryptocurrency exchange based in the Cayman Islands, announced the launch of a $50 million fund specifically designed to cover losses resulting from internal technical or security failures on the platform. It is important to note that the sum won’t be used to compensate losses resulting from personal account compromises, trading decisions, or market […]
A new report by the Multilateral Sanctions Monitoring Team (MSMT) shows that North Korean hackers stole $2.83 billion in cryptocurrency between January 2024 and September 2025. This figure accounts for nearly one-third of the country’s total foreign currency income in 2024. Bybit Exploit Was the Largest Contributor The MSMT, a coalition of 11 countries formed […]
Slowmist’s MistTrack’s Stolen Funds Analysis shows that private key leaks remain the most common cause of crypto theft. The findings indicate that 317 stolen fund reports were filed between July and September, with assets worth more than $3.73 million successfully frozen or recovered in ten of those cases. Private Keys Remain the Core Vulnerability The […]
Blockchain analytics firm Arkham has revealed that a previously unknown hack of Chinese mining pool LuBian in December 2020 resulted in the theft of 127,426 BTC worth around $3.5 billion at the time. This makes it the largest crypto theft in history, Arkham stated, and the haul today would be worth a whopping $14.5 billion. […]
On April 15, the team behind the Ethereum scaling network, ZKsync, identified a compromised admin account that took control of $5 million worth of ZK tokens. These were the remaining unclaimed coins from the ZKsync airdrop, they added. The team reassured users that all their funds are safe and have never been at risk. “The ZKsync […]
Less than two months ago, the crypto exchange Bybit fell victim to one of the largest attacks in the crypto sector’s history, losing about $1.5 billion in ether (ETH) to cyber criminals. While the leading trading platform has recovered significantly from the effects of the attack, market experts have analyzed data that showed how it […]
The Lazarus Group, which was responsible for the recent $1.5 billion Bybit hack, now holds 13,518 BTC worth $1.13 billion, according to Arkham Intelligence. This could make North Korea the fifth-largest nation-state to hold the asset behind the United States, China, the United Kingdom, and Ukraine, according to BitBO. It would also make the cybercrime […]
As discussions around crypto fraud intensify following the recent $1.5 billion Bybit hack, Ethereum co-founder Vitalik Buterin is urging the industry to recognize another major risk. According to him, while much attention is given to preventing theft, not enough is done to protect people from accidental loss due to user errors. Accidental Crypto Loss Remains […]
Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD tokens, Solana, and other crypto assets. Branstetter shared the news during an emergency livestream, expressing heartbreak while reassuring the community of his unwavering commitment to […]
Dean Norris, best known for his role in Breaking Bad, has become the target of hackers again. His X account was recently compromised to promote a fraudulent meme coin named DEAN. Details from the Exploit An X user who shared a screenshot of the deleted posts described the incident as one of the “most believable” […]