FBI has warned about cybercriminals utilizing fake rewards in “play-to-earn” mobile and online games to steal cryptocurrency. The cybercriminals accomplish the task by using custom-created gaming apps...
Tag: Theft
FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games – Security Bitcoin News
The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals ar...
Hackers Exploit Ethereum (ETH) Rival, Normal Activity Paused To Prevent Theft of More Tokens
Layer-1 blockchain Hedera (HBAR) had to pause normal activity this week due to a hack on its smart contract service code. The Ethereum (ETH) competitor acknowledged the exploit in a tweet on Thursday....
Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
Hedera Hashgraph is a distributed ledger technology that offers faster transaction times and lower fees than traditional blockchains. Its mainnet supports smart contracts and decentralized application...
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens. Hedera said the at...
Ozy CEO Carlos Watson arrested and charged with fraud and identity theft
Carlos Watson, the founder and CEO of Ozy Media, has been arrested in New York and charged with two counts of fraud and one count of identity theft. The Wall Street Journal first reported news of his ...
Hope Finance announces theft of $1.86 million
Hope Finance recently announced that it had been the victim of a $1.86 million theft. The project Tomb-fork, situated in Arbitrum, purportedly sent a tweet mentioning that the perpetrator is apparentl...
Hope Finance Discovers $2 Million Theft From Users’ Funds
A report from a web3 security company, CertiK, revealed that an Arbitrum-based DeFi (decentralized finance) project for stablecoins, Hope Finance, lost $2 million to scammers. Furthermore, the report ...
Yuga Labs removes BAKC logo amid image theft allegations
Yuga Labs NTF collection is set to change the Bored Ape Kennel Club (BAKC) logo following allegations of intellectual property theft. As crypto.news previously reported, the company was accused of IP ...
Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo
Yuga Labs has been accused of Intellectual Property (IP) theft for allegedly illegally trademarking the Bored Ape Yacht Club’s (BAYC) iconic wolf skull logo without proper licenses. The wolf skull ima...
Seoul Sanctions North Korea Over Crypto Theft – Bitcoin News
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the...
South Korea sets independent sanctions for crypto theft against North Korea
South Korea announced its first independent sanctions related to cryptocurrency thefts and cyberattacks against specific North Korean groups and individuals. According to Seoul’s Ministry of Foreign A...
Santos Faced 2017 Theft Charge Over Bad Checks For ‘Puppies,’ Report Says
Topline Disgraced Rep. George Santos (R-N.Y.) was charged with theft in 2017 over a series of bad checks written in his name to Pennsylvania dog breeders before authorities decided not to pursue the c...
North Korea-Linked Crypto Theft Surpassed $600,000,000 in 2022, Shattering All-Time High: Report
North Korea reportedly stole an unprecedented amount of crypto assets in 2022 as the country continues to pursue its nuclear program. According to Reuters, a confidential report submitted by independe...
Fund Manager Gets 13 Months for $100 Million Ponzi-Scheme Theft in New York
(Bloomberg) — The co-founder of an investment advisory firm based in New York was sentenced Wednesday to 13 months behind bars for stealing more than $100 million from clients in a Ponzi-like sc...
North Korean crypto theft will set a new record in 2022
Join Our Telegram channel to stay up to date on breaking news coverage According to a presently secret United Nations study reported on by Reuters on Monday, North Korea targeted the networks of multi...
‘Phishing-as-a-service’ kits drive uptick in theft: One business owner’s story
Cody Mullenaux and his family. Mullenaux was the victim of a sophisticated wire fraud scheme that has resulted in $120,000 being stolen Courtesy: Cody Mullenaux Banks have spent enormous amounts on cy...
North Korean Hackers Linked To 45% of $3.8 Billion Crypto Theft in 2022
Advertisement     According to a Chainalysis report released earlier last week, over $3.8 billion was stolen from crypto in 2022 – and 45% of that loot was traced to N...
24-Year-Old Arrested In Connection With Dallas Zoo Monkey Theft
Topline Dallas Police on Thursday arrested a 24-year-old man for allegedly stealing two emperor tamarin monkeys from the Dallas Zoo, the police announced on Friday, following an unusual disappearance ...
Here’s how to prevent NFT theft, according to industry professionals
As nonfungible tokens (NFTs) attract more users, they also capture the eyes of scammers. Bad actors in Web3 have set their sights on digital collectibles, with millions being lost through scams and va...
Gary Harmon, Larry Harmon’s Brother, Pleads Guilty to Crypto Theft
An Ohio native allegedly stole millions of dollars in bitcoin from the Internal Revenue Service (IRS). 31-year-old Gary Harmon has recently pled guilty to one count of wire fraud and a separate count ...
Where Are the Crypto OGs? — Taxation Is Theft, but Joe Biden Needs Ice Cream Money – Op-Ed Bitcoin News
Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and zealous newcomers to crypto think that’s a good thing, while still g...
FBI confirms that Lazarus Group and APT38 engaged in currency theft
The FBI’s thorough investigation, which was duly and meticulously carried out, leads them to believe that the Lazarus Group and APT38 committed the theft from Harmony’s Horizon Bridge. As per the cont...
North Korean Hackers Masterminded $100 Million U.S. Crypto Theft
Theft of crypto and other forms of cyber espionage have been a key source of income for North Korean hackers, whose country of origin is in a chronic financial crisis and is virtually blocked off from...
Supreme Court To Decide If “Home Equity Theft” Is Unconstitutional
The U.S. Supreme Court agreed to hear the case of Geraldine Tyler, a 94-year-old widow who had her entire home’s equity confiscated after she failed to pay $2,300 in property taxes. Although the case ...
The DOJ Is Investigating the Theft of FTX Crypto Funds
The drama surrounding the fall of famed crypto exchange FTX just keeps getting bigger and bigger. FTX Will Be With Us a Long Time It has been announced that several prosecutors are looking into the di...
Remote worker ordered to repay employer for “time theft”
A Canadian accountant has been ordered to repay her employer for “time theft” after the company’s tracking software determined that she was performing personal tasks while she claime...
Using blockchain technology to combat retail theft
The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft. Fi...
Immunefi researcher saves $200 million from potential theft on three Polkadot parachains
A security researcher discovered a software vulnerability that could have been exploited to steal as much as $200 million from three Ethereum-compatible parachains on Polkadot — Moonbeam, Astar Networ...
Walgreens may have overstated theft concerns, CFO says
Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images A top Walgreens executive on Thursday ...