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Hacks
North Korea Was Responsible for Over $600M in Crypto Thefts Last Year: TRM Labs
U.S. national security officials have raised concerns about North Korea's use of stolen crypto to develop nuclear weapons.
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
The hacked funds remain "unmoved" according to Orbit Chain.
Crypto Exchange Catalyx Suspends Trading, Withdrawals Following 'Security Breach'
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.
DeFi Has a Risk Problem and It’s Time to Solve It
While the total losses from exploits fell to $1 billion from $54 billion the year prior, this is still an unacceptable threat to users, Haven1's Jeff Owens writes for Crypto 2024.
What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?
As with the FTX fraud, it’s unclear how tax authorities are going to treat tax issues when there’s criminal activity involved.
Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
Poloniex investor Justin Sun confirmed the exploit, saying the exchange will reimburse affected users and offering a "white hat bounty" to the hacker.
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
Blockaid claims to have scanned 450 million transactions, thwarted 1.2 million malicious transactions and safeguarded $500 million in user funds in the last three months .
