Access Control Vulnerabilities Cause $1.7B in Losses Across CeFi, DeFi, and Gaming
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Access control vulnerabilities have emerged as the leading cause of crypto hack losses in 2024, accounting for a whopping 75% of total…
Treasury Cracks Down on North Korean Sanctions Evasion Through Crypto Laundering
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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity involved in a…
Web3 Cyber Threats Surge in 2024: Cyvers Report
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In 2024, Web3 cyber threats led to losses exceeding $2.3 billion across 165 incidents, marking a 40% increase from 2023. Approximately $1.3B…
New Crypto Scam Uses Fake Influencer Accounts to Lure Victims Into Telegram Malware Trap
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A new wave of crypto scams has emerged, with attackers using fake X accounts to impersonate popular influencers and lure unsuspecting users…
ADA Price Unfazed Despite Hacked Cardano Foundation X Account Indicating SEC Lawsuit
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Charles Hoskinson, the founder of IOG – the organization between the Cardano ecosystem, has informed that the Cardano Foundation’s X account has…
DEX Clipper Refutes Private Key Leak Claims After Breach
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Decentralized exchange (DEX) Clipper experienced a security incident at 4 am UTC on December 1, targeting its liquidity pools on Optimism and…
Hackers Have Stolen $1.49B YTD, DeFi Suffers 200 Attacks But CeFi Isn't Safe Either
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In November 2024, hacks accounted for an overwhelming 99.96% of total losses. During the same period, fraud and rug pulls fell significantly,…
US Charges 5 for Multi-Million Crypto Hacking Operation
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Federal prosecutors in the United States have filed charges against five individuals accused of carrying out a complex phishing and hacking operation…
South Korean Police Confirm North Korea Orchestrated the $50M Upbit Crypto Heist
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South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was…
Q3 Sees Lowest Crypto Hacks in 3 Years, but $440M Is Gone Forever
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The number of hacks in Q3 2024 has dropped to its lowest point in three years, with only 28 incidents, across which…