Bridges move assets between blockchains using lock-and-mint, burn-and-mint, or liquidity pool mechanisms, but their trust assumptions have made them the most exploited …
Stolen
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Markets
North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto
by shayaanby shayaanThe group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection. www.coindesk.com
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Scams
‘Operation Atlantic’: US and UK Team With Firms to Trace, Freeze Millions in Stolen Crypto
by shayaanby shayaanIn brief Crypto firms and government agencies teamed up in “Operation Atlantic,” designed to stop crypto fraud schemes and approval phishing campaigns. …
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Smart Contracts
Bitcoin Depot ATM Operator Says $3.6 Million in BTC Stolen in Corporate Hack
by shayaanby shayaanIn short Bitcoin Depot announced that hackers stole 50.9 BTC worth $3.665 million from corporate wallets during a March 23 breach. Attackers …
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Markets
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
by shayaanby shayaanProminent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal …
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Scams
Solana DeFi Exchange Drift Protocol Exploited, Upwards of $285 Million Stolen
by shayaanby shayaanIn brief Solana perp DEX Drift Protocol has suffered an exploit that impacted more than $200 million in funds, with some estimates …
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Scams
Venture Firm Founder Offers Bounty to Help Recover $42 Million in Stolen Bitcoin, Crypto
by shayaanby shayaanIn brief Bo Shen, founder of Fenbushi Capital, is offering a 10-20% bounty to those who can help him recover a portion …
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Smart Contracts
Treasury Sanctions Russian ‘Exploit’ Broker Over Stolen US Cyber Tools
by shayaanby shayaanIn short Treasury Department sanctions alleged that Sergey Sergeyevich Zelenyuk and Operation Zero operated as a Russian network of operators. According to …
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Scams
OpenAI Hack? AI Giant Investigating Claim of 20 Million Stolen User Credentials
by shayaanby shayaanOpenAI says it’s investigating after a hacker claimed to have swiped login credentials for 20 million of the AI firm’s user accounts—and …
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Smart Contracts
DOJ Says $9 Billion in Bitcoin Stolen in 2016 Hack Should Be Returned to Bitfinex
by shayaanby shayaanBillions of dollars worth of Bitcoin stolen from crypto exchange Bitfinex in a 2016 hack must be returned to the platform, the …