DeFi space often sees varied hacks and frauds which sometimes take time to get discovered. A Twitter user revealed seven months after the hack that Mirror Protocol got attacked for approximately...
Tag: Theft
U.K. Court Rules NFTs as ‘Property’ in Boss Beauties Theft Case
Two digital works from the Boss Beauties NFT collection were ruled by the UK’s High Court to be “property” after allegations of theft, marking the first time NFTs have been recognized as “property” in...
Blockchain And Crypto are Becoming Tools for Tracing Financial Theft
TL;DR Breakdown: The immutability of the blockchain renders concealing transactions difficult. Cryptocurrency is used as a tool by cybercriminals. 0.15 percent of crypto transactions in 2021 were invo...
Why preventing NFT theft is key
When something with intrinsic value is produced, there will always be somebody who wants it. Theft has plagued history and various industries, and unfortunately (obviously) it also found its way to th...
South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent – Bitcoin News
A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform...
Scam reporting tool created by CCC and Cybera promises a 2022 without virtual theft
TL;DR Breakdown • Organization with a vision toward crypto performance creates a tool to report thefts• The scam reporting tool will be free and is available on the Cybera website. Recently the organi...
Lazarus Tied to Axie Infinity Crypto Theft in March
Not long ago, Live Bitcoin News put out an article discussing the hacking of gaming network Axie Infinity, which ultimately resulted in more than $600 million in digital currency funds being stolen ov...
Axie Infinity Hackers Still Laundering The Theft Funds Amid US Sanctions
Last Month, Axie Infinity got Sniped by attackers who inflicted approximately $600 Million in damage. But apparently, the hackers are not yet done with their unethical acts. It is to look ...
Binance Recovers $5.8M From $622M Axie Infinity Bridge Theft
Crypto exchange Binance has recovered a small fraction of the $622 million stolen from Sky Mavis’s Ethereum sidechain Ronin last month, according to a tweet by exchange CEO Changpeng “CZ” Zhao e...
Bit Jungle confirms BXH Exchange suffered hacker theft pieces, important theft clues have been found
In March 2022, it has been four months since the BXH (Boy X Highspeed) was attacked by hackers. After the incident, the police and many top security companies in the industry intervened in the investi...
A Woman Named Michelle Is the Latest Victim of Crypto Theft
A woman in New Hampshire has become the latest victim of crypto theft. The lady – who is only going by her first name Michelle – says that she has four crypto accounts, one of which was hacked using h...
Who Are The Hackers Behind $625 Million Crypto Theft?
The Lazarus Group has operated for more than 10 years with the North Korean government’s blessing, stealing and laundering more than $200 million in cryptocurrencies every year since 2018. getty...
Lazarus Hackers from North Korea get linked to the $625M Crypto Theft
TL;DR Breakdown A few weeks back, a staggering $625 million was wiped from the Ronin Bridge. The US Treasury Department accuses the Lazarus Group of being involved in the crypto theft. Ronin Bridge co...
US Officials Tie North Korea’s ‘Lazarus’ Hackers to $625M Crypto Theft
“Identification of the wallet will make clear to other VC actors, that by transacting with it, they risk exposure to US sanctions. This demonstrates Treasury’s commitment to use all available au...
NFTs Have a Problem With Copyright Theft
People considering forking out for an NFT have to ask themselves a number of questions. Do they like the art they’re buying? Does the project’s purpose align with their beliefs? Do they believe that t...
Sky Mavis looks into Ronin Network’s $650 million crypto theft
TL;DR breakdown Sky Mavis says it is investigating the recent crypto theft on Ronin Network. Over $600 million was reportedly drained from Ronin by hackers. Sky Mavis, the Vietnamese company behind t...
Voltage Finance Suffers $4 Million Stablecoin Theft
Key Takeaways Voltage Finance was the target of an attack today that resulted in more than $4 million stolen from the platform. According to one security firm, a reentrancy bug allowed attackers to dr...
Bitcoin Prices Steady After Crypto Heist. A Prominent Whale Is Getting Bigger.
Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were mostly steady on Wednesday, holding onto recent gains and shaking off pressure on...
ESET Research Issues Crypto Theft Warning, Seed Phrases At Risk
ESET Research, the information security research arm of cybersecurity firm ESET, has issued an emergency crypto threat warning. The warning details how attacks have become prevalent in mobile devices,...
$540 Million Worth of ‘Sleeping Bitcoins’ From 2014 Move — BTC Possibly Linked to Cryptsy Theft – Bitcoin News
On March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. Furthermore, the sta...
North Korea Calls U.S as ‘King of Theft’
North Korean officials describe the US as a “hacker king, a wiretapping government, and a master in covert crime.” North Korea accused the US on Thursday (Feb. 10) of stealing funds and co...
Walmart sues BJ’s Wholesale claiming theft of Sam’s Club self-checkout tech
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accus...
Former Apple employee charged with defrauding $10 million
A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said. Dhirendra P...
Crypto Investments Carry ‘Significant Risks of Fraud, Theft, and Loss,’ Says U.S. Department of Labor
The U.S. Department of Labor (DOL) is warning investment firms to “exercise extreme care” before adding crypto to their retirement plans. In a new statement, the department says it has serious concern...
India Startup King Loses Luster After Theft Accusations
(Bloomberg) — In the annals of controversial startup founders, there’s a special place for the likes of Uber’s Travis Kalanick and WeWork’s Adam Neumann. Now, India’s Ashneer Grover could join t...
Bitcoin and Ethereum theft: $ 30 million stolen
More than $30 million worth of bitcoin and ethereum was stolen from Crypto.com recently, according to the company. How Bitcoin and Ethereum were stolen A hacker was able to defeat the two-factor authe...
This is How Malaysia Plans to Fight Electricity Theft for Bitcoin Mining
Malaysia’s national electricity utility is ramping up plans to halt electricity theft which has reportedly been on the rise. This has to do with Bitcoin mining which is supposedly also catching speed....