Cybercrime

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Huione Marketplace Involved In Laundering $35M From DMM Bitcoin Hack

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In July 2024, over $35 million from the infamous $305 million DMM Bitcoin hack has been laundered through the online marketplace Huione Guarantee. Suspicions point to the Lazarus Group, known for sophisticated laundering techniques and off-chain indicators linked to similar cyberattacks. Tether’s Response and Laundering Path Over the weekend, Tether took action by blacklisting a … Read more

Rising Threat: Address Poisoning Attack In The Crypto World

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Address poisoning attacks are becoming an increasing threat in the cryptocurrency world. These attacks exploit the way users manage their transaction histories and address information. Hackers monitor the transfer information of various stablecoins on the blockchain, then create a malicious address that closely mimics the user’s address by having the same first and last digits. … Read more

Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency

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Four Vietnamese nationals were charged in a U.S. court for a series of cyber intrusions causing over $71 million in losses. The defendants, part of the cybercrime group “FIN9,” allegedly hacked U.S. companies from May 2018 to October 2021, stealing non-public information, employee benefits, and funds. They used stolen personal and credit card information to … Read more

Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years

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In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6, 2024, and delves into the various types of criminal activities within the digital currency space. Study … Read more

Loopring Network Hit By $5M Hack, Market Cap Drops Amidst FUD

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Loopring’s network suffered a significant breach, with hackers stealing over $5 million. This incident has led to a predictable drop in Loopring’s market cap, as trust among the crypto community has diminished. The ensuing Fear, Uncertainty, and Doubt (FUD) has compounded a 22% decline in $LRC over the past four days, potentially presenting a buying … Read more