In a strange occurrence, a hacker was able to capture 2,930 ETH (worth about $5.5 million at the time) from zkLend but has now lost all that money due to falling for a phishing website. The hacker, who was trying to be a “good actor” and not too different from a law enforcement agency that seizes stolen cryptocurrency, transferred the stolen funds through a series of transactions to TornadoCash, a popular protocol that helps users maintain their privacy. The funds were sent to a site that personifies TornadoCash but is, in actuality, a phishing site. The hackers’ final message, left

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The CEO of Bybit recently delivered a detailed executive summary about tracking down the hacked funds. The amount stolen is around $1.4 billion—not much for a country but for a hacker, it’s a significant enough amount to make him keep trying to steal. The major part of the stolen asset is still visible and traceable. Somewhere around $1.4 billion or 500,000 ETH was stolen and is now recoverable in an ideal situation. But as the stolen funds are being tried to use in sophisticated methods, including cryptocurrency mixers, the staff of Bybit feels an urgent need for help. Bounty hunters

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The Bybit hack from February 2024 has left the crypto exchange with some serious problems to deal with. And in an update that must have surely left a bitter taste for the exchange’s employees and investors, Bybit’s CEO Ben Zhou confirmed that the hackers have successfully laundered around $280 million of the $1.4 billion they took during the security breach. Zhou went on to paint a rosier picture, offering some hope of recovery for investors and employees. He said around $1.07 billion of the stolen funds is still “traceable.” Possibly related: Huobi en español – The First Crypto Exchange in

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A shocking incident has raised serious concerns about the security of well-known figures in the cryptocurrency world. The account of Suji Yan, founder of Mask Network, has reportedly been hacked. A report from Cyvers Alerts states that a suspicious address recently received an astonishing $4 million worth of cryptocurrency from Yan’s account. This event has sent shockwaves through the crypto community and serves to remind us all of the cyberattack risks that are always lurking in the decentralized space. The Details of the Hack and Stolen Assets The breach, which seems to have taken place in the past several days,

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Following a recent security breach, Bybit, one of the top cryptocurrency exchanges, has provided an official update regarding the hack that saw a significant amount of Ether (ETH) taken from its platform. The exchange’s CEO, Ben Zhou, has confirmed that all Ether losses have been covered and that funds taken by the hacker are in the process of being recovered. And while the investigation continues, Bybit has rolled out a series of measures to both track and recover the stolen funds, and to also prevent future breaches from happening. The movements of the hacker have been traced, and a substantial

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Hackers recently compromised the high-profile Twitter account @TrumpDailyPosts, using its credibility to promote fraudulent cryptocurrency schemes, including the fake $POWER token. The incident underscores a growing trend of scammers exploiting well-known accounts to deceive unsuspecting investors in the crypto space. The $POWER Token Trap: Massive Investor Losses   One victim, with the wallet address 3pFW9…C7ZPQ, suffered devastating losses within just one hour. Initially investing $237,000 at an average entry price of $0.006132, the investor faced an unrelenting crash in $POWER’s value. By the time the hack was confirmed, the investor attempted to cut losses by urgently selling the tokens at $0.0004212.

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Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein.

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Nearly all of the stolen loot from Radiant Capital has now been moved to the Ethereum network, which usually isn’t a good sign for those hoping for recovery. 

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The largest Season 1 EIGEN claimant, boby1337.eth, made headlines today after withdrawing 1 million $EIGEN ($3.61M) from Binance roughly five hours ago. After selling part of the 2.255 million tokens claimed from the airdrop on listing day, boby1337.eth has been steadily re-accumulating $EIGEN over the past two days. The largest Season 1 EIGEN claimant, boby1337.eth, withdrew 1M $EIGEN ($3.61M) from Binance ~ 5 hours ago. After selling part of the 2.255M tokens claimed from the airdrop on listing day, @0xBoby1337 has been re-accumulating $EIGEN over the past 2 days. Now, the whale has sent… pic.twitter.com/NtcjxpPJP7 — Spot On Chain (@spotonchain)

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