Magnate Finance, a lending and borrowing platform on Coinbase's layer-2 protocol, Base, rug-pulled its users of $6.5 million in an exit scam after deleting its Telegram channel, website, and social media accounts, manipulating the price oracle, and removing all assets, leading to the collapse of the $6.4 million of total value locked in the protocol.
A hacker group, suspected to be Lazarus with ties to the North Korean government, stole $37.3 million in cryptocurrency from Estonia's CoinsPaid after tricking an engineer with a fake job offer.
Vitalik Buterin, co-founder of Ethereum, transferred 3,000 ETH ($4.9 million) to an unknown address, possibly to diversify and secure his funds, following previous transfers totaling about $6 million in ETH.
Blockchain YouTuber Ivan Bianco lost nearly $60,000 worth of cryptocurrency and NFTs after accidentally revealing his seed phrases during a livestream, leading to unknown individuals stealing his funds.
North Korea-linked hackers have stolen over $200 million worth of cryptocurrency this year, accounting for more than 20% of all stolen crypto, in order to fund the regime's nuclear weapons programs, according to blockchain intelligence firm TRM Labs.
Twitter is plagued by scam bots that impersonate users and offer fraudulent support for cryptocurrency and NFT services, highlighting the platform's lack of effective moderation and the growing problem of crypto scams.
Hackers targeted Ethereum co-founder Vitalik Buterin's Twitter account, swindling nearly $700,000 from users by posting a fraudulent ConsenSys link that led to a trap. This incident highlights growing concerns about the increase in phishing scams on the platform formerly known as Twitter.
Vitalik Buterin explains how hackers used a SIM swap attack to take control of his Twitter account and steal $691,000 from his followers, highlighting the vulnerability of using phone numbers for account recovery.
The Milady Maker NFT project on the Ethereum blockchain has been exploited, resulting in the diversion of around $1 million in fees and the takeover of social media accounts, according to co-founder Charlotte Fang. However, user assets and reserves are reportedly safe, and the individuals involved in the exploit have been terminated and will be pursued legally.
Notorious North Korean hacking group Lazarus, which has been increasingly active, is responsible for five major crypto hacks in the past three months, including the recent $54 million hack of global cryptocurrency exchange CoinEx, bringing their total theft to almost $240 million in just 104 days, according to a report by blockchain surveillance firm Elliptic.
Ethereum co-founder Vitalik Buterin's wallet has been flagged for multiple transactions totaling over $3.9 million, including a recent transfer of 400 ETH worth $632,000 to Coinbase.
Hackers are selling leaked user data from 23andMe accounts on the dark web, but the company claims its security systems have not been breached and the data was likely obtained from leaked usernames and passwords from other platforms.
A CrypToadz NFT was sold for $1.6 million, raising suspicions of wash trading or money laundering due to its connection to Tornado Cash, a service used for obscuring the flow of cryptocurrency.
An NFT from the CrypToadz collection was sold for $1.6 million, raising questions about the high price and the involvement of the Ethereum coin mixing service Tornado Cash, known for its use in suspicious fund transactions.
