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Hacking News
Bybit Hack Shows Delayed Response In Crypto Crime Prevention
Summary
North Korean-linked hackers are nearing completion of laundering $1.5 billion in ETH stolen from Bybit.
Crypto firm Circle faces criticism for taking over 24 hours to freeze…
SEC Stops Regulating Meme Coins
Summary
Memes are no longer subject to securities law after the SEC reclassified them as collectibles.
Despite the SEC's change, other authorities may still bring charges for…
eXch Denies Claims That It Processed Rigged $1.4B Bybit Hack Proceeds
Following the $1.4 billion Bybit breach, cryptocurrency exchange eXch refuted charges of money laundering for North Korea's Lazarus group.
Summary
• Cryptocurrency exchange eXch denies…
Binance CEO Alerts of Rising “Share-Seed-Phrase” Scam in the Crypto World
Binance CEO Richard Teng warns of a growing "share-seed-phrase" fraud targeting cryptocurrency users. Scammers deceive victims by sending false warnings claiming to have hacked their…
HashFlare Co-Founders Admit $575 Million Theft
Sergei Potapenko and Ivan Turõgin, co-founders of HashFlare, entered guilty pleas to wire fraud conspiracy, evading nearly 20 charges.
Summary
HashFlare co-founders Sergei Potapenko and…
FBI Stops ‘Goons’ Who Planned to Kidnap Jeweler and Steal $2 Million Crypto
The ringleader had initiated a Telegram conversation to coordinate the kidnapping, allegedly referring to the group's members as the "goons."
According to the FBI, there is a bizarre…
UK wants to restrict vital sector ransomware payments
In order to investigate a restriction that would stop operators of vital national infrastructure from compensating ransomware offenders, the UK has opened a consultation.
A statewide…
Elon Musk X account name change raises ‘Kekius Maximus’ insider trading suspicions
The memecoin's market valuation experienced an 184x increase following Elon Musk's change of X profile to "Kekius Maximus," which fueled rumors of insider trading.
Elon Musk is gradually…
The Vietnamese police have uncovered a $1 million cryptocurrency scam
The Vietnamese police successfully dismantled a fraudulent crypto scheme, thereby safeguarding 300 potential victims and recovering nearly $1.17 million that was lost to the swindle.…
Hackers convert LinkedIn into a crypto-scamming tool
A new LinkedIn fraud is distributing wallet-draining malware to crypto professionals by impersonating recruiters from reputable companies.
Cyberattacks continue to pose a challenge to the…