North Korea used Tornado Cash to siphon HTXs $147.5M loot: UN

A UN report reveals North Korean hackers laundered $150 million in stolen crypto assets through Tornado Cash in March 2024.

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Unplugged: The Impending Threat of Widespread Blackouts in Grid-Reliant Economies

Lately, the media has been captivated by the possibility of a grid collapse and the devastating economic consequences it would entail. Curiously, the internet is teeming with headlines suggesting the plausibility of such a collapse, whether caused by cyberattacks, physical assaults on infrastructure, equipment malfunctions, or even the notion of an electromagnetic pulse (EMP) incapacitating [...]

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Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011

Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 [...]

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Monero’s crypto of choice as ransomware ‘double extortion’ attacks increase 500%

A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment, as more criminal groups want only XMR.

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European Investment Bank’s Website Down Following Cyberattack

The European Investment Bank (EIB), the world’s largest multilateral lender, has been the target of a cyberattack. Russian hackers are

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UN Investigation Reveals DPRK's $3 Billion Crypto Cyberattack Scheme

The United Nations is probing DPRK-linked hacking groups for orchestrating cyberattacks on cryptocurrency firms, amassing $3 billion over six years to fund WMD development. These cybercrimes, targeting 58 companies, underscore a sophisticated operation defying international sanctions. (Read More)

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Cryptocurrency Phishing Attacks Rise by 40% Year-on-Year in 2022

Kaspersky, a Russian cybersecurity and anti-virus provider, has reported a 40% year-on-year increase in cryptocurrency phishing attacks in 2022. The attacks involve reaching out to investors through fake websites and communication channels that mimic official companies, prompting users to share personal information such as private keys. Attackers are evolving their strategies to lure unwary crypto investors. Recently, hardware cryptocurrency wallet provider Trezor warned against attempts to steal users' crypto through fake Trezor sites. In a survey, one out of seven respondents admitted to being affected by cryptocurrency phishing. (Read More)

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North Korean Missile Program Was Funded By Stolen Crypto

On Tuesday, a White House representative in Washington said that the cyberattacks and money theft over cryptos have been funding

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