Cybercrime

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Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam

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An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website. He and his co-conspirators created a fake Coinbase Pro site to steal login credentials and two-factor authentication codes, transferring victims’ cryptocurrency to their own wallets. Guilty Plea in $37M Coinbase Crypto … Read more

279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

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The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that finance North Korea’s nuclear and missile initiatives. The decision … Read more

Security Breach At Serenity Shield: $5.6 Million Worth Of Tokens Compromised

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Today marked a troubling turn of events for Serenity Shield’s project as a MetaMask wallet associated with the initiative fell victim to a security breach. The breach resulted in the loss of 6.9 million $SERSH tokens, valued at approximately $5.6 million. Serenity Shield’s MetaMask wallets were compromised for 6.9M $SERSH (worth ~$5.6 million). Some of … Read more

Cryptocurrency Exchange FixedFloat Compromised: Millions Lost In Ethereum And Bitcoin

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A major setback has hit the cryptocurrency exchange FixedFloat, known for its fully automatic operations and lightning network integration. The exchange fell victim to a security breach, resulting in the loss of approximately 1,728 Ethereum and 409 Bitcoin, with a combined value of $25.85 million.  The majority of the stolen Ethereum has already been transferred … Read more