Tagged: crypto theft

Crypto Investor Sues Coinbase for Wrongfully Withholding Frozen Assets Tied to $55M Theft

A prominent cryptocurrency investor has launched a legal challenge against Coinbase (NASDAQ:COIN), accusing the digital currency exchange of wrongly withholding frozen digital assets tied to a large-scale theft. The plaintiff, identified in court documents only as D.B. and a resident of Puerto Rico, filed the… Read More

North Korea Accuses “Reptile Media” for Cryptocurrency Theft Allegations

North Korea has launched a forceful denial of international accusations linking it to large-scale cryptocurrency thefts, directing its ire at what it describes as “reptile media” alongside U.S. officials and allied groups. In an official statement released through state channels, a Foreign Ministry spokesperson dismissed… Read More

South Korea Probes $4.8 Million Crypto Theft After Tax Agency Leak

South Korean police have launched an investigation into the alleged theft of cryptocurrency worth about $4.8 million that had been seized by the National Tax Service (NTS), after sensitive wallet information was inadvertently disclosed, the Korea JoongAng Daily reported. The National Police Agency (NPA) said… Read More

N Korea ‘Behind’ Over Half of 2025’s $2.7bn Crypto Theft: Report

  North Korea-linked hackers stole more than half of the over $2.7 billion taken in cryptocurrency hacks in 2025, as the country’s cyber operators increasingly targeted the operational infrastructure of major exchanges and outsourced the “cash-out” stage to a web of Chinese underground brokers, blockchain… Read More

Crypto Hacking Still a Major Threat, Over a Billion Dollars Stolen in 4 Years – Report

Crypto hacking remains a persistent threat, according to an update from Chainalysis which also noted that the four years in the past decade individually saw more than a billion dollars worth of crypto stolen (2018, 2021, 2022, and 2023). According to the research report from… Read More

Crypto Malware: Significant Surge in Interest for Crypto Stealing Drainers on Dark Web – Report

Dark web threads discussing crypto-drainers – malware designed to drain cryptocurrency wallets – saw a rise in 2024, as revealed by the Kaspersky Security Bulletin. Kaspersky reported a “40% spike” in corporate database ads on a prominent dark web forum, highlighting cybercriminals’ “growing focus on… Read More

Hackers Steal $200m from Hong Kong Crypto Firm Mixin

Hong Kong-based crypto firm Mixin announced that hackers have managed to steal around $200 million from its database. In a post on social media platform X, the company, which describes itself as a network for transferring digital assets, said the database of Mixin Network’s cloud… Read More

$156M Lost by Nomad in Sixth Major Crypto Bridge Exploit of 2022: Report

Nomad – a bridge network allowing users to convert their assets across blockchains – was “exploited for over $156.4 million on August 1st.” Over 40 attackers utilized a code error that “allowed them to spoof transactions – draining Nomad’s Ethereum contract of most of its… Read More

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