Jun 19, 2024NewsroomCybercrime / Crypto Security Crypto exchange Kraken revealed that an unnamed security researcher exploited an "extremely critical" zero-day flaw in its platform to steal $3 million in digital assets and refused to return them. Details of the incident were shared by Kraken's Chief Security Officer, Nick Percoco, on X (formerly Twitter), stating it received … [Read more...] about Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw
Crypto
Chinese Nationals Arrested for Laundering $73 Million in Pig Butchering Crypto Scam
The U.S. Department of Justice (DoJ) has charged two arrested Chinese nationals for allegedly orchestrating a pig butchering scam that laundered at least $73 million from victims through shell companies. The individuals, Daren Li, 41, and Yicheng Zhang, 38, were arrested in Atlanta and Los Angeles on April 12 and May 16, respectively. The foreign nationals have been "charged … [Read more...] about Chinese Nationals Arrested for Laundering $73 Million in Pig Butchering Crypto Scam
North Korean Hackers Deploy New Golang Malware ‘Durian’ Against Crypto Firms
May 10, 2024NewsroomMalware / Cyber Espionage The North Korean threat actor tracked as Kimsuky has been observed deploying a previously undocumented Golang-based malware dubbed Durian as part of highly-targeted cyber attacks aimed at two South Korean cryptocurrency firms. "Durian boasts comprehensive backdoor functionality, enabling the execution of delivered commands, … [Read more...] about North Korean Hackers Deploy New Golang Malware ‘Durian’ Against Crypto Firms
Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts
Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 following his … [Read more...] about Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts
These PyPI Python Packages Can Drain Your Crypto Wallets
Mar 12, 2024The Hacker NewsCryptocurrency / Cybercrime Threat hunters have discovered a set of seven packages on the Python Package Index (PyPI) repository that are designed to steal BIP39 mnemonic phrases used for recovering private keys of a cryptocurrency wallet. The software supply chain attack campaign has been codenamed BIPClip by ReversingLabs. The packages were … [Read more...] about These PyPI Python Packages Can Drain Your Crypto Wallets
Crypto wallet drainer: what it is and how to defend against it
A new category of malicious tools has been gaining popularity with crypto scammers lately: crypto wallet drainers. This post will explain what crypto drainers are, how they work, what makes them dangerous — even for experienced users — and how to defend against them. What a crypto (wallet) drainer is A crypto drainer — or crypto wallet drainer — is a type of malware that’s been … [Read more...] about Crypto wallet drainer: what it is and how to defend against it
Fake Facebook Job Ads Spreading ‘Ov3r_Stealer’ to Steal Crypto and Credentials
Feb 06, 2024NewsroomSocial Engineering / Malvertising Threat actors are leveraging bogus Facebook job advertisements as a lure to trick prospective targets into installing a new Windows-based stealer malware codenamed Ov3r_Stealer. "This malware is designed to steal credentials and crypto wallets and send those to a Telegram channel that the threat actor monitors," Trustwave … [Read more...] about Fake Facebook Job Ads Spreading ‘Ov3r_Stealer’ to Steal Crypto and Credentials
Crypto theft from Exodus and Bitcoin wallets through cracked macOS apps
Using cracked games or apps to spread malware is one of cybercriminals’ oldest tricks. Incredible as it may sound, gullible victims who believe in Robin Hoods and consider downloading cracked software and games from pirating websites to be absolutely safe still exist in 2024. The type of threat itself may be old, but malicious actors keep coming up with new ways of … [Read more...] about Crypto theft from Exodus and Bitcoin wallets through cracked macOS apps
Scam-as-a-Service Aiding Cybercriminals in Crypto Wallet-Draining Attacks
Dec 30, 2023NewsroomCryptocurrency / Phishing Scam Cybersecurity researchers are warning about an increase in phishing attacks that are capable of draining cryptocurrency wallets. "These threats are unique in their approach, targeting a wide range of blockchain networks, from Ethereum and Binance Smart Chain to Polygon, Avalanche, and almost 20 other networks by using a … [Read more...] about Scam-as-a-Service Aiding Cybercriminals in Crypto Wallet-Draining Attacks
Crypto Hardware Wallet Ledger’s Supply Chain Breach Results in $600,000 Theft
Dec 15, 2023NewsroomCryptocurrency / Malware Crypto hardware wallet maker Ledger published a new version of its "@ledgerhq/connect-kit" npm module after unidentified threat actors pushed malicious code that led to the theft of more than $600,000 in virtual assets. The compromise was the result of a former employee falling victim to a phishing attack, the company said in a … [Read more...] about Crypto Hardware Wallet Ledger’s Supply Chain Breach Results in $600,000 Theft