Key Takeaways Blockchain intelligence firm TRM Labs has identified a ransomware group known as Embargo as having moved more than $34 million in crypto ransom payments since April 2024. The group operates under a ransomware-as-a-service (RaaS) model and has targeted…
Key Takeaways The judge sided with Eisenberg’s core defense which was that the exploit did not involve misrepresentation or deception, but rather a calculated use of openly accessible DeFi mechanisms. Eisenberg, who describes himself as an “applied game theorist,” was…
Key Takeaways Australian authorities have confiscated assets valued at more than 4.5 million Australian dollars following a lengthy probe into stolen crypto linked to a Queensland man. The Australian Federal Police-led Criminal Assets Confiscation Taskforce (CACT) secured the forfeiture of…
Key Takeaways German authorities have seized $38 million in crypto from eXch, a crypto platform accused of laundering funds linked to 2025 Bybit’s $1.4 billion hack. The announcement was made jointly by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s…
Key Takeaways Two U.S.-based companies allegedly set up by North Korean operatives have been linked to a cyber campaign aimed at stealing sensitive data from cryptocurrency developers, according to findings shared by cybersecurity firm Silent Push. Reportedly, the entities, Blocknovas…
Key Takeaways Leading Cross-chain trading protocol Chainflip is rolling out an emergency software upgrade to prevent the movement of funds linked to the $1.4 billion Bybit exploit. The upgrade, version 1.7.10, is designed to block illicit transactions within the protocol,…
Key Takeaways Leading Singapore-based crypto exchange Phemex is currently investigating a hack that has led to one of its hot wallets being drained for around $29 million worth of crypto In response to the hack, the exchange has halted withdrawals.…
Key Takeaways Decentralized exchange (DEX) Clipper recently confirmed a security breach that led to a loss of approximately $450,000. The incident, which occurred on December 1 exploited a vulnerability in the withdrawal functionality of its protocol. Initial speculation about a…
Key Takeaways Leading crypto lending platform, XT Exchange, recently reported a security breach that resulted in $1.7 million in digital assets getting drained. As per blockchain security firm PeckShield, the stolen funds were swiftly converted into 461.58 Ethereum, valued at…
Key Takeaways South Korean authorities have officially confirmed that North Korean hacker groups Lazarus and Andariel were responsible for the 2019 hack of South Korea-based crypto exchange Upbit. The National Office of Investigation announced on November 21 that the hack,…
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