CYBERCRIME
Illicit Transaction Activity Hit All-time High in Value in 2021: Chainalysis
The latest report suggests cryptocurrency-based crime hit a new all-time high in 2021, with illicit addresses receiving $14 billion in 2021, which amount was doubled to 2020, according to Chainalysis.
Netflix to Release Documentary on 2016 Bitfinex Hack
Netflix Inc has announced it is going to release a documentary about the 2016 Bitfinex hack, a financial crime that can earn the tag as one of the biggest financial thefts in history.
Individual Crypto Hacks Done by Using Malware from Darknet: Chainalysis
Over the last few years, hackers have been actively stealing smaller amounts of cryptocurrency from individual users using malware available on the internet or darknet, Chainalysis reported.
400 Crypto.com Accounts Hacked, CEO Confirms Reimbursement for all Victims
According to a Bloomberg interview, Kris Marszalek, CEO of Crypto wallet provider and trading platform Crypto.com, said he would be more than willing to share information about Tuesday's hack if the regulator has any relevant inquiries.
Binance Becomes First Exchange to Join Cybercrime Fighting Alliance
Binance cryptocurrency exchange has joined the National Cyber-Forensics and Training Alliance (NCFTA), becoming the first digital currency trading platform to make such a move.
Blockchain Ecosystem Suffers Over $9.8B Worth Security Lost in 2021
According to Snowmist, the blockchain industry has been well characterized by cryptocurrency crimes, money laundering, fraud, cases of theft, drug trafficking, and mining crimes all of which occur frequently.
At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More
BitMart experienced a large-scale security breach in which hackers were able to withdraw assets valued at up to approximately $150m, according to the cryptocurrency trading platform's CEO.
Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation
A joint strike action between Europol and other international crime enforcement agencies has led to the arrest of two ransomware gang members.
About 6,000 Users Falls Trap as Victims under Phishing Attack: Coinbase
The Nasdaq-listed trading platform, Coinbase, says about 6,000 of its users were suffering as victims of a phishing attack that saw user's balances cleared.
$12M in Bitcoin Stolen from pNetwork DeFi Protocol
A vulnerability in pNetwork allowed the thief to run away with the funds. The DeFi network is now begging the hacker to return the money.