The year, overall, saw over $3.7 billion lost to various attacks, hacks and scams – making 2022 the worst year in the market’s history so far. Attackers gained over $3.2 billion in 2021. But 2022 was ...
Tag: heists
$1.5B Stolen in Top 5 Crypto Heists of 2022: Forbes
Cryptocurrency firms struggled greatly in 2022, with multiple companies facing financial issues and bankruptcy. In addition to these challenges, over $3 billion was stolen from crypto projects this ye...
Crashing markets result in a record number of crypto heists in history
As the cryptocurrency sector relishes from the extended sell-off, the industry has been plagued by the increased number of heists that have culminated in losses running into billions of dollars. Indee...
A Roundup of the Crypto Industry Hacks and Heists in October – crypto.news
Despite the current crypto market downturn, bad actors have continued to cash out large amounts of money from the crypto-verse via hacks. Here’s a roundup of the major hacks, heists, and security brea...
Better Business Bureau discusses crypto heists and the inadequate regulation in 2021
TL;DR Breakdown • BBB indicates that $8M was lost in crypto fraud.• The president of the Better Business Bureau believes there is a lot of misinformation about cryptos. Recently, Better Business Burea...
12 Biggest DeFi Hacks and Heists
Decentralized finance (DeFi) refers to blockchain applications that cut out middlemen from financial products and services like loans, savings, and swaps. While DeFi comes with high rewards, it also c...
North Korean are raising funding through Crypto Heists
The hermit nation has moved its aim from stealing coronavirus vaccine research to pilfering digital assets, according to a recent piece by internet security firm Mandiant. According to a leading cyber...
North Korean Regime Utilizing Hacking Groups To Perform Crypto Heists: Report
A prominent cybersecurity firm says that the North Korean government is raising money by using hacking groups to perform crypto heists. According to a new article by internet security company Mandiant...
North Korea using hackers to raise revenue via crypto heists
North Korea has been employing hackers to finance some state operations via “crypto heists”, according to a report by cybersecurity firm Mandiant. “The country’s espionage operations are believed to b...
U.S. Cracks One Of The Biggest Crypto Heists, Arrests Couple For Laundering $4.5 Billion In Bitcoin
The US Justice Department has cracked one of the biggest cryptocurrency heists worth a staggering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex. In addition, the ...
The biggest crypto heists of all time
The biggest crypto heists to date are MT Gox, Bitgrail, Coincheck, KuCoin, PancakeBunny, Poly Network, Cream Finance, BadgerDAO, Vulcan Forged and Bitmart. MT Gox MT Gox was the first large-scale exch...