cryptocurrency

Coinbase says its data breach affects at least 69,000 customers

Security /

Coinbase said at least 69,461 customers had personal and financial information stolen during a months-long data breach that it disclosed last week. The crypto giant confirmed the number of affected customers in a filing with Maine’s attorney general on Wednesday, as required by the state’s data breach notification law.  Coinbase’s filing said the breach dates […]

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North Korea launches new unit with a focus on AI hacking, per report

Security /

The North Korean government is reportedly establishing a new hacking group within the intelligence agency Reconnaissance General Bureau (RGB).  Daily NK, a news outlet that focuses on North Korea, reported last week that the new hacking unit, called Research Center 227, will focus on research to develop “offensive hacking technologies and programs,” citing a source

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Telegram introduces trading and yield features for its self-custodial crypto wallet

Cypto /

Telegram’s self-custodial crypto wallet, developed by a third-party company called The Open Platform (TOP), has introduced new features for people who don’t just use Telegram as a messaging app. The updates include multi-asset trading and yield functionalities. Based on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million

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Following takedown operation, Garantex invites customers to ‘face-to-face’ Moscow meeting

Cypto /

It has not been a good week for Russian crypto exchange Garantex.  Firstly, on Thursday, stablecoin issuer Tether blocked access to Garantex’s wallets that held around $28 million of the crypto exchange’s funds. On the same day, an international law enforcement operation led by the U.S. Secret Service seized Garantex’s official websites. At the time,

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Hackers launder most of Bybit’s stolen crypto worth $1.4B

Cypto /

The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation.  On February 21, Bybit said that a “sophisticated attack” on one of the company’s wallets resulted in the

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FBI says North Korea ‘responsible’ for $1.4 billion Bybit heist

Cypto /

The FBI said the North Korean government is “responsible” for the hack at crypto exchange Bybit, which resulted in the theft of more than $1.4 billion in Ethereum cryptocurrency.  On Wednesday, the bureau released a public advisory, attributing the hack to a group known as TraderTraitor. Contact Us Do you have more information about the

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Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds

Cypto /

Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now, the company is offering a total of $140 million in bounties for anyone who can help trace and freeze the stolen funds. Bybit’s CEO and co-founder Ben Zhou announced the bounty

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Crypto exchange Bybit says it was hacked and lost around $1.4B

Cypto /

Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of Ethereum (ETH) from one of the company’s offline wallets. Bybit’s chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the theft amounts to about $1.4 billion.  Both

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Ransomware payments dropped in 2024 as victims refused to pay hackers

Security /

Ransomware payments fell by more than one-third in 2024 as an increasing number of victims refused to negotiate with hackers. In a report published Wednesday, crypto forensics firm Chainalysis said that while ransomware gang leak sites posted more victims than in previous years during 2024, fewer victims gave in to the hackers’ demands. Chainalysis reported

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US government charges operators of crypto mixing service used by North Korea and ransomware gangs

Cypto /

On Friday, the U.S. Department of Justice announced the indictments of Russian citizens Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, accusing them of operating services that helped criminals launder cryptocurrency. The three were allegedly involved in operating Bender.io and Sinbad.io, two cryptocurrency mixers “that served as safe havens for laundering criminally derived

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