#hacker

Ilya Lichtenstein, who hacked the Bitfinex cryptocurrency exchange and laundered 119,754 BTC (now valued at approximately $10.5 billion), received a five-year prison sentence instead of the potential twenty, thanks to his collaboration with authorities. At the time of the hack, the stolen assets were valued at $71 million.

A hacker using the pseudonym Amadon discovered a method to bypass ChatGPT’s safeguards and extract detailed instructions for creating homemade explosives using fertilizers. Experts confirmed that the AI did indeed provide step-by-step guidance on how to make explosives.

The hacker group LockBit, which recently claimed to have breached the U.S. Federal Reserve and stolen over 30 TB of secret documents, only managed to release confidential data from Evolve Bank & Trust. This included information about file domains, virtual machines, and more.

Data from security service provider Immunefi reveals that since the start of 2024, cryptocurrency projects have suffered $473 million in losses (108 incidents) from hacker attacks and rug pulls. Last month, the industry lost $52 million, a decrease of 20% from April 2024 and 12% from May of the previous year.

PlayDapp, the cryptocurrency gaming platform, is reeling from a massive $290 million token loss following two hacking incidents in just one week. The initial breach was on February 9, where a hacker managed to mint 200 million PLA tokens, valued at $36.5 million, presumably by cracking into the developers' private key.

Concentric, a liquidity management protocol on the Arbitrum network, has suffered an exploit. A social engineering attack on a team member enabled a hacker to access the wallet utilized for smart contract deployments.

After a year-long legal battle, 21-year-old Evan Frederick Light has pled guilty to stealing over $37 million in cryptocurrency. The final hearing was held on September 30 in South Dakota, with the official report published by the U.S. government on October 1.

On August 1, a bug in the DeFi protocol's smart contract allowed a hacker to mint and claim 58 million CVG. The attacker then sold these tokens for $210,000.

The Cardano mainnet was targeted by a DDoS attack in which the perpetrator attempted to overload the system by launching hundreds of smart contracts in an effort to steal staked tokens. However, the developers coordinated a response that successfully thwarted the attack, resulting in the hacker losing funds instead.

According to the company's report, on June 5, the team identified several critical vulnerabilities in Kraken's security system, which could have led to significant financial losses.

The ZK protocol based on Ethereum, Loopring, has suffered a hacker attack. The attacker stole $5 million from compromised wallets, withdrawing the funds in Ethereum.

Normie, one of the largest meme coins on Base, has suffered a security breach. The project's developers quickly initiated negotiations with the responsible hacker.

Following the shutdown of the LockBit hacker group’s website and other actions by law enforcement, including sanctions against numerous fraudulent crypto wallets, analysts have published several key points that might have gone unnoticed:

After breaching the X-account of Algorand's CEO, the hacker began a spree of satirical posts, sharing a variety of music, and amusingly altering the account's bio. One notable post included a fictional tale about Justin Sun, ambitiously seeking to promote Algorand for unrestricted access to the token minting to back TUSD.