After orchestrating a series of hacks on two decentralized cryptocurrency exchanges (DEXs) that stole more than $12 million worth of crypto, former security engineer Shakeeb Ahmed was sentenced today to three years in prison, this is the first-ever smart contract hacking conviction in the US. Ahmed was also ordered to forfeit the stolen crypto and pay […]
Over the weekend, South Korean Karaoke service SOMESING suffered a hack that stole hundreds of millions of SSX tokens. This hack has made crypto exchanges in South Korea alert users and take provisionary actions to minimize investors’ risks. Upbit Alerts Over Security Risks On January 29, a press release from the largest South Korean crypto exchange […]
Alarming Crypto Theft: North Korea-Linked Lazarus Group Accounts For 20% Of 2023’s Losses | Bitcoinist.com
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Crypto, crypto exploit, crypto hack, crypto hackers, crypto hacks, Crypto News, Cryptocurrency, DeFi, digital currency, Lazarous Group, Lazarus, Lazarus Group, Lazarus Hackers, North Korea Cybercriminals, North Korea hackers, North Korean cryptocurrency hackers, North Korean hackers, The Lazarus Group
The Lazarus Group, a hacker organization linked to North Korea, has been responsible for crypto hacking incidents resulting in over $300 million in losses in 2023. This accounts for approximately 17.6% of the total losses incurred throughout the year. According to a Fortune Magazine report, despite a decline in major crypto hacking incidents globally, North […]
Bitcoin has taken center stage in a concerning development involving video game developer Insomniac Games, recognized for its highly acclaimed Marvel’s Spider-Man series. Reports indicate that Insomniac Games has fallen victim to a hacking incident, with the hacking group Rhysida demanding a ransom of 50 Bitcoin (equivalent to approximately US$2 million). Rhysida has threatened to leak […]