Employee of Indian Exchange Arrested in $44M Crypto Hack, Malware Blamed

Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but downplay the chances of recovery. Malware Infiltration Leads to Major Heist Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft, but authorities admit they face … Read more

Indian Exchange Suffers $44M Hack—Solana Hot Wallet Compromised in Sophisticated Attack

According to Cyvers, a hack was detected at the Indian centralized exchange CoinDCX, resulting in the theft of approximately $44.2 million in USDC and USDT from one of its operational wallets on Solana. Official Confirmation and Initial Exchange Response The blockchain security firm Cyvers said its system detected a hack into the Indian centralized exchange, … Read more

Cryptocurrency Exchange Vows Full Compensation After $27M Crypto Attack

Cryptocurrency exchange BigONE confirmed a $27 million loss from a third-party attack on its hot wallet on July 16. Exchange Details Swift Response and User Reimbursement Cryptocurrency exchange BigONE confirmed a security incident in the early hours of July 16, revealing that a third-party attack targeting its hot wallet resulted in an estimated loss of … Read more

Carbontec Uncovers $520,000 Exploit Path in 1inch Router’s Rescue Function

A Carbontec investigation revealed that over $520,000 in mis-sent tokens were quietly withdrawn from 1inch Routers v4–v6 via public functions, exposing a security blind spot in one of defi’s most widely used contracts. Design Oversight in 1inch Router Allowed Withdrawal of Mis-Sent Funds Blockchain security firm Carbontec has uncovered a significant design vulnerability in 1inch’s … Read more

North Korean Hacking Groups Employ New Methods to Target Web3 Companies

North Korean hacking groups are developing new methods to target Web3 companies, including some aimed at infecting Apple systems. Additionally, the use of social engineering is becoming more prevalent in these attacks, highlighting the level of preparation involved in these operations. North Korean Hackers’ New Methods: Nim Malware and Clickfix Hackers groups from North Korea … Read more

$180 Million Hacked From Brazilian Banking System: Attackers Cashed out Using Crypto

According to local media, this may be the largest hack ever perpetrated against the Brazilian banking system. Attackers leveraged USDT and bitcoin to cash out through exchanges and crypto institutions, using instant payment systems such as Pix. Brazilian Banking System Exploited: Attackers Cash out Using Crypto The Brazilian banking system has faced what might be … Read more

US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme

North Korean developers, operating as fake freelancers, have reportedly amassed over $16.5 million this year by infiltrating crypto and traditional tech companies, according to crypto sleuth ZachXBT. U.S. Exchanges Used to Launder Funds According to online crypto scam investigator ZachXBT, a total of $16.58 million has been paid to North Koreans hired as developers at … Read more