U.S. recovers $31 million stolen in 2021 Uranium Finance hack

U.S. authorities recovered $31 million in cryptocurrency stolen in 2021 cyberattacks on Uranium Finance, a Binance Smart Chain-based DeFi protocol. Uranium Finance was a decentralized finance (DeFi) protocol built on Binance’s BNB Chain that operated as an automated market maker (AMM) similar to Uniswap. The platform launched in April 2021, but hackers quickly exploited vulnerabilities […]

Lazarus hacked Bybit via breached Safe{Wallet} developer machine

​Forensic investigators have found that North Korean Lazarus hackers stole $1.5 billion from Bybit after hacking a developer’s device at the multisig wallet platform Safe{Wallet}. Bybit CEO Ben Zhou shared the conclusions of two investigations by Sygnia and Verichains, which both found that the attack originated from Safe{Wallet}’s infrastructure. “The attack specifically targeted Bybit by […]

Fake CS2 tournament streams used to steal crypto, Steam accounts

Threat actors are exploiting major Counter-Strike 2 (CS2) competitions, like IEM Katowice 2025 and PGL Cluj-Napoca 2025, to defraud gamers and steal their Steam accounts and cryptocurrency. Although CS2 first launched 13 years ago, it still maintains a massive community of plays and an active professional competition landscape with multi-million rewards. Characteristically, earlier this month, […]

Hacker steals record $1.46 billion from Bybit ETH cold wallet

Cryptocurrency exchange Bybit revealed today that an unknown attacker stole over $1.46 billion worth of cryptocurrency from one of its ETH cold wallets. “The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing interface, displaying the […]

Ransomware payments fell by 35% in 2024, totalling $813,550,000

Payments to ransomware actors decreased 35% year-over-year in 2024, totaling $813.55 million, down from $1.25 billion recorded in 2023. Additionally, only about 30% of victims engaged in negotiations with ransomware actors ended up paying any ransom to them. These figures are reported by blockchain intelligence firm Chainalysis, underlining a significant decline in an otherwise record-breaking year […]

Google Play, Apple App Store apps caught stealing crypto wallets

Android and iOS apps on the Google Play Store and Apple App Store contain a malicious software development kit (SDK) designed to steal cryptocurrency wallet recovery phrases using optical character recognition (OCR) stealers. The campaign is called “SparkCat” after the name (“Spark”) of one of the malicious SDK components in the infected apps, with developers likely […]

Canadian charged with stealing $65 million using DeFI crypto exploits

The U.S. Justice Department has charged a Canadian man with stealing roughly $65 million after exploiting two decentralized finance (DeFI) protocols. DeFI platforms are blockchain-based systems that facilitate peer-to-peer financial services, eliminating the need for conventional centralized financial intermediaries like banks or brokerages. These platforms deliver various financial services related to digital assets, enabling their […]

KuCoin to pay nearly $300 million in penalties after guilty plea

KuCoin’s operator, PEKEN Global Limited, pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay $297 million in penalties to settle charges in the U.S. The cryptocurrency exchange was charged in March 2024 for its failure to implement the required anti-money laundering (AML) requirements, allowing cybercriminals to use the platform to launder their […]