crypto
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US govt says North Korea stole over $659 million in crypto last year
North Korean state-backed hacking groups have stolen over $659 million worth of cryptocurrency in multiple crypto-heists, according to a joint statement issued by the United States, South Korea, and Japan on Tuesday. The announcement also warns that threat groups linked to the Democratic People’s Republic of Korea (DPRK) are still actively targeting blockchain technology industry companies. “As recently as September…
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North Korea linked to crypto heists of over $650 million in 2024 alone
Hackers in North Korea stole a total of $659 million in crypto across several heists in 2024, according to a joint statement issued today by the US, Japan, and South Korea. The report specified five such incidents, like the $235 million theft from the Indian crypto exchange WazirX that is being newly attributed to the Lazarus Group. That organization is…
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Pastor who saw crypto project in his “dream” indicted for fraud
A pastor at a Pasco, Washington, church has been indicted on 26 counts of fraud for allegedly operating a cryptocurrency scam that defrauded investors of millions between 2021 and 2023. The US Department of Justice says the pastor, Francier Obando Pinillo, 51, used his position to recruit investors into a fraudulent cryptocurrency venture called “Solano Fi,” which he told them “came to…
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New Web3 attack exploits transaction simulations to steal crypto
Threat actors are employing a new tactic called “transaction simulation spoofing” to steal crypto, with one attack successfully stealing 143.45 Ethereum, worth approximately $460,000. The attack, spotted by ScamSniffer, highlights a flaw in transaction simulation mechanisms used in modern Web3 wallets, meant to safeguard users from fraudulent and malicious transactions. How the attack works Transaction simulation is a feature that allows…
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Fake CrowdStrike job offer emails target devs with crypto miners
CrowdStrike is warning that a phishing campaign is impersonating the cybersecurity company in fake job offer emails to trick targets into infecting themselves with a Monero cryptocurrency miner (XMRig). The company discovered the malicious campaign on January 7, 2025, and based on the phishing email’s content, it likely didn’t start much earlier. The attack starts with a phishing email sent…
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Do Kwon will be extradited to the US to face charges over Terra’s $40 billion crypto crash
“It was concluded that most of the criteria provided for by law support the extradition request of the competent authorities of the United States of America,” a machine-translated version of Montenegro’s Ministry of Justice’s statement said. It doesn’t say when Montenegro plans on releasing Kwon to the US. As noted by Bloomberg, it’s also unclear whether this decision is final,…
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FBI links North Korean hackers to $308 million crypto heist
The North Korean hacker group ‘TraderTraitor’ stole $308 million worth of cryptocurrency in the attack on the Japanese exchange DMM Bitcoin in May. In a short post, the FBI attributed the attack to the state-affiliated threat actor TraderTraitor, also tracked as Jade Sleet, UNC4899, and Slow Pisces. The crypto heist occurred in May 2024 and forced the platform to restrict account registration, cryptocurrency withdrawals, and trading…
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How to Accept Crypto Payments: A Step-by-Step Guide
Cryptocurrencies are no longer confined to the realm of tech enthusiasts — they’ve become a practical payment option for businesses of all sizes. In the U.S. alone, more than 2,000 businesses now accept cryptocurrency payments, with major brands like Starbucks, Home Depot, and Tesla leading the charge. For tech-savvy business owners and entrepreneurs, accepting crypto payments can open doors to…
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New fake Ledger data breach emails try to steal crypto wallets
A new Ledger phishing campaign is underway that pretends to be a data breach notification asking you to verify your recovery phrase, which is then stolen and used to steal your cryptocurrency. Ledger is a hardware cryptocurrency wallet that allows you to store, manage, and sell cryptocurrency. The funds in these wallets are secured using 24-word recovery phrases or 12…
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Donald Trump says David Sacks will be the ‘White House A.I. & Crypto Czar’
In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas. He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship. He will work on a legal…
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