North Korea
North Korea reportedly stole billions of dollars in fiat and cryptocurrency from financial institutions and digital asset exchanges, according to a confidential U.N. report seen by Reuters.  The isolated nation used “widespread and increasingly sophisticated” hacking techniques to conduct various security breaches, while allegedly stealing approximately $2 billion in fiat...
Lost
Crimes involving cryptocurrencies have led to billions of dollars worth of losses this year, according to a report from CipherTrace.  During Q2 2019, an estimated $125 million was lost due to crypto-related hacks. A total of $227 million has been stolen in various security breaches this year, CipheTrace’s Q2 2019...
Axie Infinity's Discord Bot Compromised In A Latest Hacking Attempt 9
Popular play-to-earn game Axie Infinity has encountered another hacking attempt  The hackers compromised the game’s discord bot Mee6, manipulating it to issue fake mint announcements.   Popular play-to-earn blockchain game Axie Infinity took to Twitter to inform users about a new hacking attempt concerning its discord bot Mee6. The team further...
Binance Hacker Still Laundering Stolen Funds through Mixers 10
The Binance exchange hack in May proved to many the fragility of internet security, even to an exchange as large as this one. In current day value, the loss stands at almost $80 million USD. According to Luxembourg-based cryptocurrency capital flow research team Clain.io, the hacker responsible for the May...
Binance Secures $5.8 Million Worth Of Laundered Axie Infinity Funds 11
Crypto exchange Binance has secured a part of stolen Axie Infinity funds.  Binance’s CEO Changpeng Zhao stated that the exchange has successfully retrieved stolen funds worth $5.8 million from the Axie Infinity hackers.  Crypto Exchange Binance has successfully seized $5.8 million worth of stolen funds from the Axie Infinity hackers....
Bitfinex and Tether Freeze $33M USDT from KuCoin Hack 13
Quick take: Bitfinex CTO, Paolo Ardoino, has notified crypto twitter of the freezing of $33M Tether related to the KuCoin hack Bitfinex has frozen $13 Million Tether (USDT) on EOS Tether has frozen $20 Million USDT on Ethereum Binance has pledged its support in the recovery efforts of funds from...
Bored Ape Yacht Club's Discord Encounters An Online Phishing Attack 14
The bored Ape Yacht Club NFTs Discord was briefly compromised earlier today.  The BAYC team reported that the hackers stole MAYC NFT #8662. The stolen NFT reportedly belonged to the famous Taiwanese pop star Jay Chou.  The famous Bored Ape Yacht Club NFT’s Discord was briefly compromised earlier today. The...
Coinbase Discloses Password Vulnerability Affecting 3,420 Users 15
Despite the ridicule that modern tech companies face at potentially storing passwords in plain text, despite better intentions, company-side mistakes can still lead to security vulnerabilities. On August 16th, a blog post from Coinbase detailed a bug in their internal server logs, leaving the potential to have user passwords harvested...
Crypto Giant Binance Debunks KYC FUD, Asserts it Was Not Hacked 16
Binance Not Hacked, Don’t Worry Earlier today, the crypto industry erupted into a clamor. Users on Twitter and some on Telegram were claiming that Binance, one of the world’s most powerful companies dealing with Bitcoin, was hacked for a swath of know-your-customer (KYC) data. As a result, thousands of individuals...