Collaborate Disseminate
KuCoin, a Singapore-based cryptocurrency exchange, has disclosed a security incident that resulted in the unauthorized transfer of roughly $150 million in digital assets. In a notice published last week, KuCoin notified clients that it detected suspici… Continue reading Hackers Steal $150 Million from Asian Cryptocurrency Exchange
A group of hackers on Monday night compromised cryptocurrency exchange Eterbase and raided six hot wallets to steal $5.4 million in Bitcoin, Ethereum, XRP, Tezos, Algorand, and TRON. The criminals transferred the funds into their wallets which Eterbase… Continue reading Cryptocurrency Exchange Eterbase Loses $5.4 Million to Hackers Overnight
Complaint details collaboration with China to funnel $250m in stolen funds as part of state-sponsored attacks. Continue reading DoJ Aims to Seize 280 Cryptocurrency Accounts Used by Hackers
Japanese cryptocurrency exchange Coincheck has announced that earlier this week hackers managed to access some emails sent to the firm by its customers. Reading (with a little help from Google Translate) press announcement, it appears an attacker acces… Continue reading Coincheck cryptocurrency exchange targeted by hackers, customer emails exposed
Two Chinese nationals have been charged by the US Department of Justice (DoJ) and sanctioned by the US Treasury for allegedly laundering $100 million worth of virtual currency using prepaid Apple iTunes gift cards.
According to a newly unsealed court … Continue reading 2 Chinese Charged with Laundering $100 Million for North Korean Hackers
Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Cryptocurrency crime losses The lion’s share of those losses stem from the staggering gr… Continue reading Cryptocurrency crime losses more than double to $4.5 billion in 2019
With only seven months left for nations to pass laws and virtual asset service providers (VASPs) to comply with the guidelines, the majority of cryptocurrency exchanges are not equipped to handle basic KYC, let alone comply with the stringent new funds… Continue reading 2019 experienced massive spate of crypto crimes, $4.4 billion to date
As suspected, the KYC details of thousands of Binance’s customers that hackers obtained and leaked online earlier this month came from the company’s third-party vendor, Malta-based cryptocurrency exchange Binance confirmed.
For those unaware, Binance,… Continue reading Binance Confirms Hacker Obtained Its Users’ KYC Data from 3rd-Party Vendor
Although exchanges, wallets and other cryptocurrency custody services are strengthening their defenses, attackers continue to innovate and outpace even the current state of the cybersecurity art, according to CipherTrace. Even Binance, the world’s numb… Continue reading Thefts from cryptocurrency exchanges continue despite increased security
Malta-based cryptocurrency exchange Binance has become a victim of a ransom demand from a scammer who claimed to have hacked the KYC (Know Your Customer) data of thousands of its customers.
The unknown attacker threatened the world’s largest cryptocur… Continue reading Binance KYC Data Leak — Crypto Exchange Sets $290,000 Bounty On Blackmailer