#hacks

Heather Morgan, the wife of Ilya “Dutch” Lichtenstein linked to the 2016 Bitfinex hack, was sentenced to 18 months in prison for her conspiratory role in money laundering.

The "Hack3D: The Web3 Security Report," published by CertiK, a security company, reveals that blockchain projects experienced 184 security incidents in the second quarter of 2024, resulting in losses totaling $688 million. This marks a 37% increase from the previous quarter.

In the second quarter of 2024, crypto projects lost $572 million to fraud and hacks, more than doubling the $265 million in the same period last year. The two biggest victims were centralized exchanges: Japan’s DMM Bitcoin ($305 million) and Turkey’s BtcTurk ($55 million).

Hacks and phishing attacks prompted Coinbase Wallet devs to enhance user security. So now Coinbase Wallet features: ?transaction preview to avoid unwanted token swaps. ?malicious dApps alerts. ?alerts in case of unauthorized access to your token balance. ?push notifications about the upcoming token burn. Good job! But to reach full control, the wallet should also report price slippage. This will be the highest zen of trading.

November 2024 saw hackers exploit vulnerabilities to steal $71 million, with cumulative yearly losses nearing $1.5 billion, 12% lower than the same period last year.

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.

North Korean hackers have infiltrated two South Korean companies involved in chip manufacturing, including those used in artificial intelligence technologies. The South Korean National Intelligence Service has not disclosed the full scale of the breach but confirmed the theft of numerous blueprints of products and manufacturing facilities.

Blockchain security auditor’s latest report is aiming to spot the trends in Q3 crypto hacks and evaluate how affected projects approached security.