DMM Bitcoin warns that hackers stole $300 million in Bitcoin

May 31, 2024 at 05:10PM DMM Bitcoin reported the theft of 4,502.9 Bitcoin (BTC), equivalent to $308 million, constituting the most significant cryptocurrency heist of 2024. The stolen Bitcoin has been divided into multiple new wallets to evade detection, with numerous platform services restricted during the investigation. DMM Bitcoin is working to guarantee customers’ deposits. … Read more

Brothers arrested for $25 million theft in Ethereum blockchain attack

May 15, 2024 at 02:37PM Two brothers, Anton Peraire-Bueno and James Pepaire-Bueno, were indicted by the U.S. Department of Justice for allegedly manipulating the Ethereum blockchain to steal $25 million worth of cryptocurrency in a scheme that took just 12 seconds to execute. If convicted, they face a maximum penalty of 20 years in prison … Read more

North Korea’s state hackers stole $3 billion in crypto since 2017

December 3, 2023 at 04:11PM North Korean hackers have stolen around $3 billion in cryptocurrency since 2017, targeting exchanges, individuals, and firms. The theft, often led by groups like Kimsuky and Lazarus, funds North Korea’s military and weapons programs. The U.S. Treasury has imposed sanctions on these hacking groups and related entities. Meeting Takeaways: 1. … Read more

US seizes Sinbad crypto mixer used by North Korean Lazarus hackers

November 29, 2023 at 11:54AM The U.S. Treasury has sanctioned and international authorities have seized Sinbad.io, a crypto mixer allegedly used by North Korean Lazarus hackers for laundering money, including millions from high-profile crypto heists. The operation involved the U.S., Netherlands, and Poland, targeting the service to prevent illegal activities. Meeting Takeaways: 1. The U.S. … Read more