Euler Finance’s offer to hacker: Keep $20M or face the law
The hacker committed a $196 million flash loan attack on the Ethereum-based lending protocol on March 13. Go to Source Powered by WPeMatico
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Ukraine netted $70M in crypto donations since start of Russia conflict
Ether leads the way in donations with $28.9 million received so far, while BTC and USDT donors have chipped in $22.8 million and $11.59 million respectively. Go to Source Powered by WPeMatico
BingChatGPT ‘pump & dump’ tokens emerging by the dozens: Peckshield
Blockchain security firm Peckshield on Twitter said it has found dozens of pump-and-dump tokens purporting to be related to ChatGPT. Go to Source Powered by WPeMatico
Chainalysis: Crypto Scam Revenue Dropped 46% in 2022
Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam Revenue Fell Significantly in 2022’ Blockchain data analytics firm Chainalysis published its 2023 Crypto … Read more
Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis. Go to Source Powered by WPeMatico
Crypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis
Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist. Go to Source Powered by WPeMatico
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get … Read more
North Korea stole more crypto in 2022 than any other year: UN report
A report submitted to the United Nations found North Korean cyber attacks have become vastly more sophisticated and raked in more crypto than ever before. Go to Source Powered by WPeMatico
Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
Crypto execs suggested that the “extremely challenging” times forced them to cut jobs in order to “weather this extended” crypto winter. Go to Source Powered by WPeMatico
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis
Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during the year. Crypto Hacking Hit Record High in 2022 Blockchain analytics firm Chainalysis published a … Read more