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Orbit Bridge hack pushes December crypto theft to nearly $100M
The Orbit Bridge exploit on New Year’s Eve pushed December’s total crypto losses to hackers, scammers, and exploiters to almost $100 million
#cryptohacks
#BTC
The Orbit Bridge exploit on New Year’s Eve pushed December’s total crypto losses to hackers, scammers, and exploiters to almost $100 million
#cryptohacks
#BTC
🚀 Crypto Hacks for Everyday Legends! 🌐💡
Hey Crypto Pioneers! Ready for some nifty tricks to navigate the crypto wilderness? Here are your daily crypto hacks:
1️⃣ Dip Diving 💦🚀:
Love a good sale? In crypto, "dips" are like discounts. When prices dip, it's shopping time! Grab those discounted coins and watch them soar.
2️⃣ Whale Watching 🐋🔍:
Ever heard of crypto whales? These big players can impact prices. Keep an eye on their moves, but don't let them spook you. Learn from the whales!
3️⃣ Set It and Forget It 🛠️💤:
Life's busy, right? Set limit orders. Decide your buy or sell price, and let the crypto do its thing. Crypto works for you while you tackle real-life quests.
4️⃣ HODL Strong 💪🚀:
HODL = Hold On for Dear Life. When the crypto roller coaster gets wild, HODL tight. Patience often turns volatility into victory.
5️⃣ Diversify Your Crypto Squad 🌐🌈:
Don't put all your crypto eggs in one basket. Diversify! Spread your investments across different coins for a balanced crypto portfolio.
6️⃣ Stay Informed, Not Overwhelmed 📰🧘:
News can be overwhelming. Pick a couple of reliable sources, follow them, and stay informed without drowning in a sea of information.
Got any crypto hacks up your sleeve? 🕵️♂️ Share your tips or ask your burning crypto questions below. Let's keep the crypto journey smooth and legendary! 💬 #cryptohacks #EverydayLegends 🌐💎
#BTC #etf #Launchpool
Hey Crypto Pioneers! Ready for some nifty tricks to navigate the crypto wilderness? Here are your daily crypto hacks:
1️⃣ Dip Diving 💦🚀:
Love a good sale? In crypto, "dips" are like discounts. When prices dip, it's shopping time! Grab those discounted coins and watch them soar.
2️⃣ Whale Watching 🐋🔍:
Ever heard of crypto whales? These big players can impact prices. Keep an eye on their moves, but don't let them spook you. Learn from the whales!
3️⃣ Set It and Forget It 🛠️💤:
Life's busy, right? Set limit orders. Decide your buy or sell price, and let the crypto do its thing. Crypto works for you while you tackle real-life quests.
4️⃣ HODL Strong 💪🚀:
HODL = Hold On for Dear Life. When the crypto roller coaster gets wild, HODL tight. Patience often turns volatility into victory.
5️⃣ Diversify Your Crypto Squad 🌐🌈:
Don't put all your crypto eggs in one basket. Diversify! Spread your investments across different coins for a balanced crypto portfolio.
6️⃣ Stay Informed, Not Overwhelmed 📰🧘:
News can be overwhelming. Pick a couple of reliable sources, follow them, and stay informed without drowning in a sea of information.
Got any crypto hacks up your sleeve? 🕵️♂️ Share your tips or ask your burning crypto questions below. Let's keep the crypto journey smooth and legendary! 💬 #cryptohacks #EverydayLegends 🌐💎
#BTC #etf #Launchpool
Radiant Capital declares insolvency after a $4.5 million exploit, plans customer deposit relief with regulatory cooperation. 💰🔓 #cryptohacks
Crypto users and platforms lost more than $1.7 billion in hacks and exploits in 2023, according to a report by TRM Labs.
#cryptobreach #cryptohacks #crypto2024SpaceCatch #CryptonewswithJack #CryptoNews🔒📰🚫
#cryptobreach #cryptohacks #crypto2024SpaceCatch #CryptonewswithJack #CryptoNews🔒📰🚫
According to the cybersecurity firm Kaspersky, just 25 per cent of those surveyed felt well-informed about potential cryptocurrency cyberthreats, while 23 per cent had no information at all...!!
#crypto2023 #bearorbull #cryptohacks #bnbgreenfield #cryptoonindia
#crypto2023 #bearorbull #cryptohacks #bnbgreenfield #cryptoonindia
North Korea has stolen over $1.7 billion in crypto through hacks from exchanges around the world.
South Korean media outlets spoke of how the country was looking to hold onto the stolen assets for the long run.
#bearorbull #northkorea #cryptohacks #hack #cryptoonindia
South Korean media outlets spoke of how the country was looking to hold onto the stolen assets for the long run.
#bearorbull #northkorea #cryptohacks #hack #cryptoonindia
Days after bringing crypto transactions under the ambit of anti-money laundering laws, Finance Minister Nirmala Sitharaman said that around Rs 953 crore have been lost to scams pulled using cryptocurrencies.
#bitcoin #india #cryptohacks #cryptoregulation #cryptoonindia
#bitcoin #india #cryptohacks #cryptoregulation #cryptoonindia
Redditor Loses Over 300k In Cryptocurrency Hack: Stresses Importance Of Secure StorageScam News
A Redditor with the handle @jbtravel84 shared a devastating story on Reddit, as reported on March 16th, 2023. In his first post, he expressed his regret for storing passwords and seed phrases for his accounts in Evernote. According to him, three of his wallets got hacked, resulting in a total loss of over 300k.
@jbtravel84 identified himself as a big fan of MOONs and revealed that he had over 80k MOONs in his Metamask wallet, which the hacker swapped for ETH and moved to another wallet address. In addition, his Rocketpool Node was compromised, and the hacker changed the withdrawal address. @jbtravel84 acknowledged his biggest loss was with the Rocketpool Node, where he had about 250k staked.
The Deadalus wallet had approximately 8k in ADA, which the hacker also transferred to his wallet address. He mentioned that the hacker’s IP address logs suggested they could be from Germany, although he acknowledged that the login could be through a VPN.
@jbtravel84 appeared devastated and unsure of what to do. He asked for advice from the Reddit community on whether he should contact the FBI. In response, a Redditor advised him to report the case to his local police office.
However, another Redditor mentioned that both IP addresses used by the hacker were Tor exit nodes, which made it difficult to track them through just IP data. The wallets used by the hacker showed no transaction history with any exchanges, making it difficult to trace them.
The community advised @jbtravel84 to monitor the wallets used by the hacker for any movement, hoping that the hacker would transact with a KYC exchange, which would enable authorities to request his details.
In conclusion, this story is a cautionary tale for cryptocurrency holders who may have become complacent with their security measures. It is important to avoid storing passwords and seed phrases in easily accessible locations like Evernote. Additionally, this story highlights the need for better security measures and increased awareness among cryptocurrency enthusiasts.
#hack #scams #azcoinnews #redditor #cryptohacks
This article was republished from azcoinnews.com
@jbtravel84 identified himself as a big fan of MOONs and revealed that he had over 80k MOONs in his Metamask wallet, which the hacker swapped for ETH and moved to another wallet address. In addition, his Rocketpool Node was compromised, and the hacker changed the withdrawal address. @jbtravel84 acknowledged his biggest loss was with the Rocketpool Node, where he had about 250k staked.
The Deadalus wallet had approximately 8k in ADA, which the hacker also transferred to his wallet address. He mentioned that the hacker’s IP address logs suggested they could be from Germany, although he acknowledged that the login could be through a VPN.
@jbtravel84 appeared devastated and unsure of what to do. He asked for advice from the Reddit community on whether he should contact the FBI. In response, a Redditor advised him to report the case to his local police office.
However, another Redditor mentioned that both IP addresses used by the hacker were Tor exit nodes, which made it difficult to track them through just IP data. The wallets used by the hacker showed no transaction history with any exchanges, making it difficult to trace them.
The community advised @jbtravel84 to monitor the wallets used by the hacker for any movement, hoping that the hacker would transact with a KYC exchange, which would enable authorities to request his details.
In conclusion, this story is a cautionary tale for cryptocurrency holders who may have become complacent with their security measures. It is important to avoid storing passwords and seed phrases in easily accessible locations like Evernote. Additionally, this story highlights the need for better security measures and increased awareness among cryptocurrency enthusiasts.
#hack #scams #azcoinnews #redditor #cryptohacks
This article was republished from azcoinnews.com
PeopleDAO hacked via Google Sheets, $120,000 worth of ether stolen.
▫️A PeopleDAO team member failed to lock a sensitive payout document, leading to the attack.
▫️The hacker has been offered a 10% bounty to return the funds.
#crypto101 #DAO #crypto #cryptohacks
▫️A PeopleDAO team member failed to lock a sensitive payout document, leading to the attack.
▫️The hacker has been offered a 10% bounty to return the funds.
#crypto101 #DAO #crypto #cryptohacks
Crypto Scams And Hacks Double In Q2 2024
Crypto losses from hacks and scams surged in the second quarter of 2024, more than doubling from the same period the previous year, as reported by blockchain security platform Immunefi.Losses totaled over $572 million in Q2 2024, a significant increase from $220 million in Q2 2023. Centralized exchange hacks were the primary contributors to these losses. Before Q2, losses from hacks and scams had been decreasing, with Immunefi noting a 23% reduction in Q1.This downward trend continued through April and most of May, but the situation worsened dramatically at the end of May and in June.The most significant loss during the quarter was the May 31 private key hack of crypto exchange DMM, resulting in $305 million worth of Bitcoin being stolen. Another major incident was the BtcTurk hack on June 22, which caused $55 million in losses. Combined, these two hacks accounted for over 62% of the total losses for the quarter.Centralized protocols and exchanges experienced approximately $401 million in losses during Q2, making up 70% of the total.
#cryptoscams #cryptohacks #MtGoxJulyRepayments #BinanceTournament #VanEck_SOL_ETFS
Crypto losses from hacks and scams surged in the second quarter of 2024, more than doubling from the same period the previous year, as reported by blockchain security platform Immunefi.Losses totaled over $572 million in Q2 2024, a significant increase from $220 million in Q2 2023. Centralized exchange hacks were the primary contributors to these losses. Before Q2, losses from hacks and scams had been decreasing, with Immunefi noting a 23% reduction in Q1.This downward trend continued through April and most of May, but the situation worsened dramatically at the end of May and in June.The most significant loss during the quarter was the May 31 private key hack of crypto exchange DMM, resulting in $305 million worth of Bitcoin being stolen. Another major incident was the BtcTurk hack on June 22, which caused $55 million in losses. Combined, these two hacks accounted for over 62% of the total losses for the quarter.Centralized protocols and exchanges experienced approximately $401 million in losses during Q2, making up 70% of the total.
#cryptoscams #cryptohacks #MtGoxJulyRepayments #BinanceTournament #VanEck_SOL_ETFS
🕵️ Crypto #hacks and rugpulls have led to $473 million in losses in 2024.
These security breaches have significantly impacted the #cryptocurrency market, raising concerns about the safety and reliability of digital assets.
#RugPull #cryptohacks #TrendingTopic
These security breaches have significantly impacted the #cryptocurrency market, raising concerns about the safety and reliability of digital assets.
#RugPull #cryptohacks #TrendingTopic
🚨 #Crypto hacks decreased by 54.2% in June compared to May, with losses totaling $176 million.
This drop follows a peak in May when $385 million was lost. The #BtcTurk exchange experienced the largest single hack, losing over $100 million.
#CryptoHack #cryptohacks #TrendingTopic
This drop follows a peak in May when $385 million was lost. The #BtcTurk exchange experienced the largest single hack, losing over $100 million.
#CryptoHack #cryptohacks #TrendingTopic
BREAKING: Major Crypto Exchange Hacked! Millions Stolen, Are You Safe?
Fellow crypto enthusiasts, brace yourselves. A major exchange has been breached, leaving millions of users staring at empty wallets. This isn't just another headline - it's a stark reminder that your hard-earned crypto is at risk.
The feeling right now? Devastating. Imagine the sinking feeling, the anger, the worry. It's times like these that the dream of financial freedom feels more fragile than ever. But fear not, knowledge is power!
Here's the reality:
▪︎Hackers are relentless: They exploit vulnerabilities, target weaknesses, and prey on unsuspecting users. This attack exposes the security gaps that still plague the industry.
▪︎Vigilance is crucial: Strong passwords, two-factor authentication, and secure storage are your first lines of defense. Don't let complacency be your downfall!
▪︎The industry needs to step up: Exchanges must prioritize robust security measures and transparency to rebuild trust. We deserve better.
This isn't the end, but it's a wake-up call. Let's use this as an opportunity to educate ourselves, demand better security, and hold exchanges accountable.
Stay informed, stay vigilant, and never stop securing your crypto! Share this post, spread awareness, and let's build a stronger, safer crypto future together.
P.S. Want to learn more about protecting your crypto? Check out Binance Risk Sniper
Remember, your crypto is your responsibility. Be smart, be safe, and be empowered.
#Write2Earn #cryptohacks #CryptoHack #CryptoSecurity #CryptoSafety
Fellow crypto enthusiasts, brace yourselves. A major exchange has been breached, leaving millions of users staring at empty wallets. This isn't just another headline - it's a stark reminder that your hard-earned crypto is at risk.
The feeling right now? Devastating. Imagine the sinking feeling, the anger, the worry. It's times like these that the dream of financial freedom feels more fragile than ever. But fear not, knowledge is power!
Here's the reality:
▪︎Hackers are relentless: They exploit vulnerabilities, target weaknesses, and prey on unsuspecting users. This attack exposes the security gaps that still plague the industry.
▪︎Vigilance is crucial: Strong passwords, two-factor authentication, and secure storage are your first lines of defense. Don't let complacency be your downfall!
▪︎The industry needs to step up: Exchanges must prioritize robust security measures and transparency to rebuild trust. We deserve better.
This isn't the end, but it's a wake-up call. Let's use this as an opportunity to educate ourselves, demand better security, and hold exchanges accountable.
Stay informed, stay vigilant, and never stop securing your crypto! Share this post, spread awareness, and let's build a stronger, safer crypto future together.
P.S. Want to learn more about protecting your crypto? Check out Binance Risk Sniper
Remember, your crypto is your responsibility. Be smart, be safe, and be empowered.
#Write2Earn #cryptohacks #CryptoHack #CryptoSecurity #CryptoSafety
🚨 Urgent Alert: North Korean Hackers Pilfer $600 Million in Cryptocurrency!💻
Disturbing reports reveal that the Democratic People’s Republic of Korea (DPRK) has executed massive cryptocurrency heists, stealing nearly $600 million in 2023 alone. 😱 If confirmed, recent cyberattacks in the year's final days could escalate the total to a staggering $700 million.
1. DPRK's Crypto Heists: A Chilling Overview
Within two years, the DPRK has seized over $1.5 billion in cryptocurrency, showcasing a significant reduction (30%) compared to 2022. However, their impact remains ten times more severe than standard cyberattacks, underscoring the gravity of the situation. 🕵️♂️💸
2. Cyber Warfare Tactics Unveiled
Reports from Cyber Security News unveil the DPRK's sophisticated attack vectors. They compromise victims by hijacking private keys and seed phrases, critical security elements for digital wallets. Once control is established, illicit funds are swiftly transferred to DPRK-controlled wallet addresses, exchanged for USDT or Tron, and laundered through high-volume OTC brokers.
💼 Money Laundering Evolution: Staying One Step Ahead
The DPRK's money laundering methods continually evolve to outsmart international law enforcement. Initially using Tornado Cash and ChipMixer for anonymity, they've now shifted to BTC service Sinbad, sanctioned by the OFAC in November 2023. This notorious threat group demands vigilant monitoring, with a high probability of further attacks in 2024.
🛡️ Stay Informed, Stay Protected: Guard Against DPRK Threats!
As the DPRK threat looms large, ensure your digital assets are secure. Stay informed on evolving cyber tactics and protect your investments. The crypto landscape demands heightened vigilance in the face of such sophisticated adversaries.
🌐 For comprehensive crypto security insights, follow The Blockopedia!
#cryptohacks #CryptoHack #CryptoScamAlert #cryptocurency #crypto2024
Disturbing reports reveal that the Democratic People’s Republic of Korea (DPRK) has executed massive cryptocurrency heists, stealing nearly $600 million in 2023 alone. 😱 If confirmed, recent cyberattacks in the year's final days could escalate the total to a staggering $700 million.
1. DPRK's Crypto Heists: A Chilling Overview
Within two years, the DPRK has seized over $1.5 billion in cryptocurrency, showcasing a significant reduction (30%) compared to 2022. However, their impact remains ten times more severe than standard cyberattacks, underscoring the gravity of the situation. 🕵️♂️💸
2. Cyber Warfare Tactics Unveiled
Reports from Cyber Security News unveil the DPRK's sophisticated attack vectors. They compromise victims by hijacking private keys and seed phrases, critical security elements for digital wallets. Once control is established, illicit funds are swiftly transferred to DPRK-controlled wallet addresses, exchanged for USDT or Tron, and laundered through high-volume OTC brokers.
💼 Money Laundering Evolution: Staying One Step Ahead
The DPRK's money laundering methods continually evolve to outsmart international law enforcement. Initially using Tornado Cash and ChipMixer for anonymity, they've now shifted to BTC service Sinbad, sanctioned by the OFAC in November 2023. This notorious threat group demands vigilant monitoring, with a high probability of further attacks in 2024.
🛡️ Stay Informed, Stay Protected: Guard Against DPRK Threats!
As the DPRK threat looms large, ensure your digital assets are secure. Stay informed on evolving cyber tactics and protect your investments. The crypto landscape demands heightened vigilance in the face of such sophisticated adversaries.
🌐 For comprehensive crypto security insights, follow The Blockopedia!
#cryptohacks #CryptoHack #CryptoScamAlert #cryptocurency #crypto2024
Correction time! 🚨 Fake news of an ETF approval had cryptos soaring, but reality check - SEC's website got hacked, spreading unauthorized news. 🕵️♂️ Global market cap takes a hit, down by 0.9% in the aftermath. Brace for impact, folks! #Cryptonews
#CryptoCorrection #cryptohacks #ETF #ETFAPProval
#CryptoCorrection #cryptohacks #ETF #ETFAPProval
🚨 Telcoin Faces $1.3M Loss in Crypto Hack: TEL Token Plummets 43.25% in 24 Hours
🌐 Telcoin Overview:
Telcoin, operating as a user-owned decentralized financial platform on the Ethereum blockchain with TEL as its native ERC-20 token, has temporarily halted application usage. Fueled by Telcoin users, Mobile Network Operators, and Mobile Financial Service Providers, the platform delivers decentralized financial products to mobile phone users globally.
🔒 Security Measures and Response:
Telcoin has suspended its services temporarily, citing ongoing efforts to counter the attack. The platform assures users of timely updates as they work towards resolving the situation.
🔍 Industry-Wide Vulnerability:
This incident is part of a growing trend in the cryptocurrency sector. With 145 major hacks reported between January and July this year, decentralized finance accounted for 117 incidents, resulting in losses nearing $700 million, as per Chainalysis. Telcoin's situation aligns with a broader surge in hacking incidents, exemplifying the critical need for reinforced security measures across the industry.
🌐 Cryptocurrency Landscape Challenges:
In a parallel development, Raft, another decentralized financial platform, succumbed to a hacking incident, losing approximately $3.3 million in Ethereum (ETH). The incident underscores the persistent threats faced by well-established names in the cryptocurrency space, necessitating a collective commitment to enhanced security.
🛡️ Security Reinforcement Imperative:
As Telcoin navigates the aftermath of this vulnerability attack, the entire cryptocurrency landscape faces a collective call to strengthen security measures. The industry must proactively address these challenges to ensure the safety of assets and uphold the trust of its user base.
🚀 Stay Informed, Stay Secure: Follow The Blockopedia for Real-time Updates!
#HackerAlert #cryptohacks #crypto #cryptocurrency #crypto2023
🌐 Telcoin Overview:
Telcoin, operating as a user-owned decentralized financial platform on the Ethereum blockchain with TEL as its native ERC-20 token, has temporarily halted application usage. Fueled by Telcoin users, Mobile Network Operators, and Mobile Financial Service Providers, the platform delivers decentralized financial products to mobile phone users globally.
🔒 Security Measures and Response:
Telcoin has suspended its services temporarily, citing ongoing efforts to counter the attack. The platform assures users of timely updates as they work towards resolving the situation.
🔍 Industry-Wide Vulnerability:
This incident is part of a growing trend in the cryptocurrency sector. With 145 major hacks reported between January and July this year, decentralized finance accounted for 117 incidents, resulting in losses nearing $700 million, as per Chainalysis. Telcoin's situation aligns with a broader surge in hacking incidents, exemplifying the critical need for reinforced security measures across the industry.
🌐 Cryptocurrency Landscape Challenges:
In a parallel development, Raft, another decentralized financial platform, succumbed to a hacking incident, losing approximately $3.3 million in Ethereum (ETH). The incident underscores the persistent threats faced by well-established names in the cryptocurrency space, necessitating a collective commitment to enhanced security.
🛡️ Security Reinforcement Imperative:
As Telcoin navigates the aftermath of this vulnerability attack, the entire cryptocurrency landscape faces a collective call to strengthen security measures. The industry must proactively address these challenges to ensure the safety of assets and uphold the trust of its user base.
🚀 Stay Informed, Stay Secure: Follow The Blockopedia for Real-time Updates!
#HackerAlert #cryptohacks #crypto #cryptocurrency #crypto2023
🚨 Crypto Security Alert: November Surge in Hacks Costs Users $356 Million
📉 Alarming Increase in Losses
In a distressing end-of-year revelation, the crypto industry faced a staggering loss of $356.53 million in November 2023 due to a surge in cybercrime activities, including hacks, phishing scams, and rug pulls. This marks a 6.9-fold increase from October, showcasing the escalating security challenges in the digital currency sector.
🔐 Major Breaches at Poloniex and HTX
Central to this financial upheaval were two major security breaches, with the crypto exchange Poloniex and HTX collectively contributing to 66% of the month's losses.
The Poloniex hack alone resulted in approximately $126 million in losses, pointing to a sophisticated private key compromise. Both incidents, linked to enterprises under Justin Sun's ownership, highlight the growing scale and sophistication of cyberattacks targeting major cryptocurrency platforms.
💼 Industry-Wide Impact
The total loss from exchange-based (CEX and DEX) security incidents amounted to a whopping $215 million, urging an urgent reevaluation of security practices within the industry. Large projects are recommended to enhance private key management, conduct regular security audits, establish comprehensive emergency plans, and improve security awareness training for employees.
🛡️ Stay Vigilant, Stay Secure
As losses due to crypto hacks and fraud reach $1.75 billion, the crypto community is urged to remain vigilant. Users are advised to securely store private keys, review transactions carefully before signing, and stay alert against phishing scams. It's crucial for the industry to prioritize security measures and collaborate on fortifying the crypto ecosystem against evolving threats.
📢 Protect Your Assets - Stay Informed, Stay Secure!
#cryptohacks #Scam #crypto #cryptocurrency #crypto2023
📉 Alarming Increase in Losses
In a distressing end-of-year revelation, the crypto industry faced a staggering loss of $356.53 million in November 2023 due to a surge in cybercrime activities, including hacks, phishing scams, and rug pulls. This marks a 6.9-fold increase from October, showcasing the escalating security challenges in the digital currency sector.
🔐 Major Breaches at Poloniex and HTX
Central to this financial upheaval were two major security breaches, with the crypto exchange Poloniex and HTX collectively contributing to 66% of the month's losses.
The Poloniex hack alone resulted in approximately $126 million in losses, pointing to a sophisticated private key compromise. Both incidents, linked to enterprises under Justin Sun's ownership, highlight the growing scale and sophistication of cyberattacks targeting major cryptocurrency platforms.
💼 Industry-Wide Impact
The total loss from exchange-based (CEX and DEX) security incidents amounted to a whopping $215 million, urging an urgent reevaluation of security practices within the industry. Large projects are recommended to enhance private key management, conduct regular security audits, establish comprehensive emergency plans, and improve security awareness training for employees.
🛡️ Stay Vigilant, Stay Secure
As losses due to crypto hacks and fraud reach $1.75 billion, the crypto community is urged to remain vigilant. Users are advised to securely store private keys, review transactions carefully before signing, and stay alert against phishing scams. It's crucial for the industry to prioritize security measures and collaborate on fortifying the crypto ecosystem against evolving threats.
📢 Protect Your Assets - Stay Informed, Stay Secure!
#cryptohacks #Scam #crypto #cryptocurrency #crypto2023