A local court in the Pingba District of Anshun City, Guizhou, has sentenced a man to seven months in prison following a fraudulent scheme involving a fake virtual currency "airdrop project." The defendant, identified as Zhao, was also ordered to pay...
Cybersecurity researchers from Malwarebytes have uncovered a sophisticated new "scam kit" circulating on cybercriminal forums designed to defraud cryptocurrency investors. The toolkit allows low-skilled bad actors to deploy professional-looking...
The developers of Electrum, one of the oldest and most widely used Bitcoin (BTC) desktop wallets, have announced the release of version 4.8.1. This emergency update is designed to address critical security vulnerabilities discovered in previous...
The Harmony protocol team has identified a massive security breach involving the unauthorized creation of digital assets, tracing illicit funds across hundreds of unique addresses. Following the detection of 10,288 fraudulent transfers, developers...
Jeff Yew, the former head of Binance Australia, is reportedly exploring a proposal to take over and relaunch the Forest City campus of the Network School in Malaysia. The facility, originally established by prominent tech entrepreneur Balaji...
On August 9, 2024, the Coreum cross-chain bridge suffered a significant security breach resulting in the unauthorized withdrawal of nearly 200,000 XRP. The incident, which took place over a span of approximately 97 minutes, saw the bridge's...
Wallets associated with the ongoing FTX and Alameda Research bankruptcy proceedings have initiated a significant movement of assets, signaling potential liquidations to repay creditors. On August 11 and 12, 2024, on-chain monitoring services...
Law enforcement authorities have uncovered a sophisticated fraudulent scheme involving virtual currency "staking mining" that has targeted over 30 individuals across various regions. The perpetrators utilized long-term social engineering tactics to...
Security researchers have identified a significant shift in the operational tactics of the Kimsuky hacker group, a threat actor frequently linked to North Korea. According to a recent report from the security firm Genians, the collective is actively...
The centralized exchange BitMart is facing serious allegations regarding its financial stability following reports of withdrawal halts affecting institutional partners. Matthew, the co-founder of OpenGradient, publicly disclosed that funds belonging...
The prominent on-chain investigator known as ZachXBT has identified a United States-based threat actor responsible for the theft of over $2 million in cryptocurrency assets. The individual, identified as Tiffany Milanovich, allegedly orchestrated...
The cryptocurrency ecosystem faces another security challenge as a wallet associated with the Coinsbuy platform was targeted in a significant exploit. According to reports from blockchain monitoring service Specter, the breach resulted in the theft...
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