Crypto and Web3 security incidents led to over $801.3 million in losses across 144 incidents in Q2 2025. CertiK reported that this reflects a 52.1% decrease in value lost from the previous quarter. The quarter also saw 59 fewer incidents during this period. Ethereum Hit Hardest Again Phishing was the most damaging attack vector, as […]
A new report by TRM Labs has revealed that 2025 has had the worst ever first half of the year in terms of hacks and exploits, with more than $2.5 billion stolen in that period. However, while the figure surpassed the previous H1 record set in 2022, the numbers were considerably skewed by just one […]
Binance’s former CEO, Changpeng Zhao (CZ), has warned about a new wave of cyberattacks targeting crypto data platforms. This follows recent breaches at CoinMarketCap (CMC) and CoinTelegraph (CT) that exposed users to wallet-draining phishing schemes. The CMC and CT Attacks “Hackers are targeting information websites now. Be careful when authorizing wallet connect,” CZ said in […]
Cryptocurrency crime may be evolving, but the share of illicit such transactions remains strikingly small. According to TRM Labs’ latest annual report on crypto crime, just 0.4% of all digital asset transaction volume in 2024 was linked to unlawful activity, marking a 51% drop from the previous year despite a surge in the overall market. […]
Hackers in the cryptocurrency space are shifting their focus from traditional smart contract flaws to manipulating individuals through social engineering tactics, as per Web3 security firm CertiK. The company reports that over $2.1 billion has already been lost to crypto-related attacks in 2025. Most of the damage stems from wallet breaches, which far outpace all […]
The Mobius DeFi and real-world asset tokenization platform suffered a smart contract exploit on the BNB Chain on May 11, leading to the theft of $2.15 million in Mobius Tokens (MBU), reported blockchain security firm Cyvers. “Two minutes prior to the exploit, our system identified a deployment of a malicious smart contract that eventually targeted […]
The crypto industry was victim to $92.5 million worth of losses from hacks across 15 separate incidents in April 2025 alone. This marks a 27.3% increase compared to the $72.6 million reported last year in the same month. Compared to previous months in 2025, the figure more than doubled from March’s total of $41.4 million. […]
North Korean hackers linked to the state’s notorious Lazarus Group have successfully set up shell companies within the United States to distribute malware to cryptocurrency developers, in a scheme that violates US sanctions and exposes major vulnerabilities in business registration systems. According to Reuters, cybersecurity firm Silent Push revealed that two companies—Blocknovas LLC in New […]
Privacy-focused cryptocurrency exchange eXch has confirmed it will officially terminate all operations effective May 1st, following escalating international scrutiny and mounting allegations of its role in laundering funds linked to the February Bybit hack. According to the team, the move comes after internal consensus among its leadership to “cease and retreat” rather than continue under […]
Bob Bodily, co-founder of the Bitcoin-based trading platform Odin.fun, has revealed that a suspected hack compromised his account on the website, triggering a halt in trading and withdrawals. Following the incident, Odin’s Dog (ODINDOG), a meme coin native to the platform, saw its price crash by over 55% in the last six hours. The Hack […]