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78 articles found
Latest
Bitfinex Hacker Ilya Lichtenstein Breaks Silence
Ilya Lichtenstein, known for the theft of 120,000 BTC from Bitfinex, has made his first public statement since pleading guilty last year. Previously sentenced to five years for money laundering, his partner Heather Morgan received 18 months.
Bitfinex Hacker Sentenced to Five Years in Prison
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.
Hacker Cracks ChatGPT, Retrieves Explosive-Making Instructions
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.
Fed Hack Claims Dismissed
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.
Joe Grand: Hacking Crypto Wallets for Good
Joe Grand, also known as "Kingpin," is a computer engineer, hardware hacker, and tech YouTuber. Using his knowledge and skills, Grand can build technologies and crack systems. Among the crypto community, he is famous for successful cases of hacking crypto wallets and helping clients regain control over their cryptocurrencies.
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The World of Hackers: Decoding the Shades of Their Hats
Most internet users are familiar with the terms "black hat" and "white hat" hackers. Many have even felt the effects of hacking attacks. However, the spectrum of hacker "hats" extends far beyond the classic dichotomy of black and white.
$52 Million Lost in Crypto Industry in May
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.
Hacker's Generous Heist: $2 Million in SOL Stolen and Gifted
Pump.fun, a platform specializing in launching and promoting memes, lost nearly $2 million in SOL. The hacker turned out to be a modern-day Robin Hood: he didn’t just steal the funds; he randomly distributed them to meme coin holders on Solana.
LockBit Hack: Everything You Need to Know
LockBit is one of the most deployed ransomware globally. This hacking group has compromised thousands of entities, spanning financial institutions, logistics companies, and healthcare organizations. These victims are now backed by an international law enforcement task force called Operation Cronos.
PlayDapp Endures Double Hack Disaster
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.
Uber Driver Turns Out to Be a Skilled Crypto Hacker
A surprising story unfolded in Arizona: a routine Uber ride turned into a high-stakes crime drama. A cunning driver, posing as a friendly chauffeur, took advantage of a passenger’s trust and stole $223,000 worth of cryptocurrency from their smartphone.
Hacker Pleads Guilty to $37M Crypto Theft, Faces 20-Year Sentence
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.
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Convergence Lost Approximately $210,000 Due to an Exploit
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.
Cardano Attack Backfires on Hacker
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.
CertiK Comes Forward as the Hacker Seeking Bounty from Kraken
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.
Loopring Hit by $5 Million Hack Through 2FA Breach
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 Developers Enter Negotiations with Hacker
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.
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What Is zkPass? A Solution for Web Privacy
Online data privacy is getting more critical with identity theft and deep fake risks. Here’s a case: a user completed verification on a platform, providing personal information. Later, the platform gets hacked and all that data gets in the hacker’s hands. To avoid this, zkPass offers privacy-preserving data verification based on blockchain.
Details of the LockBit Takedown
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:
Hacker Injects Fun into Algorand CEO's X Account
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.
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