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Hack

A collection of 15 posts

US Government Orders Return of Seized Bitcoin to Bitfinex from 2016 Hack

US Government Orders Return of Seized Bitcoin to Bitfinex from 2016 Hack

The United States government has mandated the return of over 94,000 Bitcoins, seized after the infamous 2016 Bitfinex exchange hack, back to the exchange itself. This decision comes as part of an "in-kind restitution" process, highlighting a significant development in the legal treatment of digital assets. A

US Treasury Hacked by Chinese Cybercriminals Exploiting Third-Party Software

US Treasury Hacked by Chinese Cybercriminals Exploiting Third-Party Software

In what has been described as a "major incident," the US Treasury Department has revealed that Chinese state-sponsored hackers successfully infiltrated its systems. This breach was facilitated not through direct attack but via a third-party cybersecurity service provider, BeyondTrust, whose compromised software granted the hackers access to sensitive,

Crypto Wallet Scam Discovered in YouTube Comments

Crypto Wallet Scam Discovered in YouTube Comments

Scammers have once again raised the stakes by exploiting one of the internet's most popular platforms, YouTube. Kaspersky, the well-known Russian cybersecurity firm, recently highlighted a sophisticated scam targeting cryptocurrency enthusiasts through the comments section of finance-related videos. The scam begins innocuously enough with comments appearing to be

Ilya Lichtenstein's Jailhouse Confession With Promises of Redemption

Ilya Lichtenstein's Jailhouse Confession With Promises of Redemption

In a striking turn of events, Ilya Lichtenstein, the man convicted for the notorious 2016 Bitfinex hack, has released a video confession from prison, admitting his guilt and outlining a path towards redemption. This confession, made public this morning December 19, not only sheds light on the mechanics of one

New Open-Source Malware Puts Bitcoin and Crypto Wallets at Risk

New Open-Source Malware Puts Bitcoin and Crypto Wallets at Risk

A new danger has surfaced that targets Bitcoin and crypto wallets. The MacOS Stealer Trojan, once a premium piece of malware sold for 1 BTC, has now been unleashed into the wild as open-source software. This shift dramatically increases its accessibility to cybercriminals, intensifying the threat level for MacOS users

Unraveling the $3 Million Ledger Hardware Wallet Phishing Scandal

Unraveling the $3 Million Ledger Hardware Wallet Phishing Scandal

In the world of digital assets, where security is paramount, a chilling story has unfolded around a significant security breach involving a Ledger Nano S hardware wallet. A person on X reported a staggering loss of 10 Bitcoin, amounting to approximately $1 million, alongside $1.5 million in Ethereum NFTs.

Bitcoin ATM Byte Federal Data Breach Exposes 58,000 Customers' Information

Bitcoin ATM Byte Federal Data Breach Exposes 58,000 Customers' Information

In a significant cybersecurity lapse, Byte Federal, a major player in the U.S. Bitcoin ATM market, has fallen victim to a data breach that compromised the personal details of 58,000 customers. The incident, officially disclosed in a filing with Maine's attorney general, underscores the precarious nature

Dogecoin Network Security Exploit Brings Down 69% Of Nodes

Dogecoin Network Security Exploit Brings Down 69% Of Nodes

The Dogecoin network found itself in the eye of a storm today when a hacker exploited a critical vulnerability, leading to the crash of 69% of its active nodes. This event has not only spotlighted the fragility of Dogecoin's infrastructure but also sparked a debate on the security

Lightning Network's Irrevocable Fees Vulnerability Risks Channel Funds

Lightning Network

Lightning Network's Irrevocable Fees Vulnerability Risks Channel Funds

A new significant vulnerability has been discovered within Lightning Network (LN), known as the "irrevocable fees" exploit. This bug, which could potentially siphon off up to 98% of a channel's funds, has sent ripples through the Bitcoin community, highlighting the delicate balance between scalability and blockchain

Solana's Web3.js Library Breach Exposes Private Keys, Drains Funds

Solana's Web3.js Library Breach Exposes Private Keys, Drains Funds

This week the Solana ecosystem faced a significant security breach involving its web3.js library, a tool utilized by developers to create decentralized applications (dapps) on the Solana network. This incident, highlighted by developer @trentdotsol, saw versions 1.95.6 and 1.95.7 of the library being compromised in

DMM Bitcoin Exchange Closes Down After $300 Million Hack Impact

DMM Bitcoin Exchange Closes Down After $300 Million Hack Impact

In a significant turn of events for the cryptocurrency sector in Japan, DMM Bitcoin exchange, once a prominent player, has announced it will terminate its operations by March 2025. This decision comes in the wake of a devastating hack that saw the theft of 4,502.9 BTC, valued at

Razzlekhan Sentenced to 18 Months for Role in Notorious 2016 Bitfinex Heist

Razzlekhan Sentenced to 18 Months for Role in Notorious 2016 Bitfinex Heist

In a courtroom drama that could have been ripped from the pages of a cyberpunk novel, Heather Morgan, better known by her alter ego 'Razzlekhan', has been sentenced to 18 months in prison. This sentence comes in the wake of her involvement in one of the most audacious