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Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. The rise in crypto ...
Hack [ edit ] On 18 July 2024, $234.9 million worth of crypto assets have been taken out of the exchange and sent to a new address by North Korean hackers belonging to Lazarus Group .
Hackers had stolen more than $1.38 billion worth of crypto by June 24, 2024, compared with $657 million in the same period in 2023, TRM Labs said in a report. "While we have not seen any ...
The New York Times reported that the hack was committed by a Chinese intelligence agency as part of an espionage operation, in juxtaposition to efforts to disrupt infrastructure. [2] The department is required to prepare a supplemental report within thirty days and provide it to lawmakers.
In June 2018, South Korean exchange Coinrail was hacked, losing over $37M worth of crypto. [18] The hack worsened an already ongoing cryptocurrency selloff by an additional $42 billion. [19] On July 9, 2018, the exchange Bancor, whose code and fundraising had been subjects of controversy, had $23.5 million in cryptocurrency stolen. [20] [21]
The indictment says that several weeks before the FTX hack, the scheme looted $293,000 in virtual currency from one victim, and days later, stole more than $1 million in crypto from another person.
Cryptojacking is the act of exploiting a computer to mine cryptocurrencies, often through websites, [1] [2] [3] against the user's will or while the user is unaware. [4] One notable piece of software used for cryptojacking was Coinhive, which was used in over two-thirds of cryptojacks before its March 2019 shutdown. [5]
In a single week in November 2022, FTX went from being one of the world's biggest and most trusted exchanges to a cautionary tale about the risk of crypto theft and loss. Its founder, Sam...