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1–10 of 23 articles
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Bleeping Computer
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. [...]
Bleeping Computer
The Drift Protocol lost at least $280 million after a threat actor took control of its Security Council administrative powers in a planned, sophisticated operation. [...]
Bleeping Computer
A new phishing kit named 'CoGUI' sent over 580 million emails to targets between January and April 2025, aiming to steal account credentials and payment data. [...]
The Hacker News
Four U.S. nationals have been charged for participating in an illicit scheme that earned them more than $80 million via cryptocurrency investment scams. The defendants – Lu Zhang, 36, of Alhambra, California; Justin Walker, 31, of Cypress, California; Joseph Wong, 32, Rosemead, California; and Hailong Zhu, 40, Naperville, Illinois – have been charged with conspiracy to commit money laundering,
Graham Cluley
US authorities have charged four people for their alleged roles in a fraudulent cryptocurrency investment scheme that saw targets approached via dating sites and social media, and cost victims more than $80 million. Read more in my article on the Hot for Security blog.
Bleeping Computer
The U.S. Department of Justice charged four suspects (two of them already detained) for their alleged involvement in a pig butchering fraud scheme that resulted in more than $80 million in victim losses. [...]
The Hacker News
Cybersecurity researchers have exposed the workings of a scam ring called CryptosLabs that's estimated to have made €480 million in illegal profits by targeting users in French-speaking individuals in France, Belgium, and Luxembourg since April 2018. The syndicate's massive fake investment schemes primarily involve impersonating 40 well-known banks, fin-techs, asset management firms, and crypto
Graham Cluley
Qubit, a decentralized finance (DeFi) platform, has publicly offered $2,000,000 to a hacker who stole $80 million worth of cryptocurrency from it last week. Read more in my article on the Hot for Security blog.
ZDNet Security
"The exploit and loss of funds have a profound effect on thousands of real people," the company said in a message to the hackers.
Bleeping Computer
Law enforcement has dismantled the “AudiA6” cryptocurrency service allegedly used by ransomware actors and other cybercriminals to launder more than $380 million. [...]