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On Jan. 8, the Truebit protocol’s native token (TRU) plummeted 99.95% to near-zero after a $26 million exploit. Security firm Cyvers Alerts detected the anomaly when a single address siphoned approximately 8,535 ether. The Anatomy of the Attack The native token of Truebit, a verification and orchestration layer for tokenized assets, collapsed by 99.95% on … Read more
While the cryptocurrency sector has flourished under newfound U.S. government legitimacy, this “golden age” has been shadowed by a brutal emerging trend: the surge of “wrench attacks.” Mainstreaming the Target The start of 2025 proved favorable for the cryptocurrency industry as President Donald Trump pledged to dismantle the previous administration’s restrictive stance toward digital assets. … Read more
The murder of Danilo Kuzmin, the 21-year-old son of Kharkiv’s deputy mayor, in Vienna, is strongly suspected to be a case of crypto-related robbery and violence. Cryptocurrency as the Core Motive The brutal murder of Danilo Kuzmin, a 21-year-old Ukrainian student and the son of Kharkiv’s deputy mayor, in the Austrian capital, Vienna, is increasingly … Read more
A $3 million XRP theft has rattled investors after hackers reportedly breached what was believed to be a secure wallet, moving the stolen assets through complex blockchain routes that reveal unsettling vulnerabilities across the digital finance ecosystem. Inside the $3M XRP Heist That Exploited a ‘Cold’ Wallet That Wasn’t Crypto thefts targeting XRP holders are … Read more
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week. DOJ: Crypto Crime Ring Laundered $263M via Mixers, Peel Chains, Hermès Birkin Bags, and Stuffed Animal Cash Shipments The indictment, announced by … Read more
An individual wanted by Interpol, lost $50 million in a kidnapping that involved drugs, fake police officers, and a daring escape in Brazil. Rodrigo Perez was kidnapped on March 24 by fake police officers who kept him drugged and handcuffed to a bed for five days. Fake Police Officers Kidnap Alleged Scammer in Brazil, Stealing … Read more
A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea Wrench attacks are rising in the cryptocurrency space. Local reports … Read more
Recently unsealed court records indicate that a family was kidnapped by a group of six individuals in Chicago last November. Kidnappers asked for a $15 million ransom in cryptocurrency before releasing the family near a dry cleaning business. Kidnappers Demand $15 Million Crypto Ransom for Release of Family in Chicago As crypto gains relevance, more … Read more
Kaspersky says scammers are targeting digital thieves — baiting them with keys to loaded-up crypto wallets and swiping any crypto added to pay fees. Go to Source
A recent investigation has shed light on a social engineering scam where the perpetrator, known as Ronald Spektor (or Ronaldd), allegedly played a pivotal role in stealing $6.5 million from a single victim last month. The victim, based in the US, reached out on October 7, 2024, after receiving a phone call from a spoofed … Read more
