A portion of the stolen funds has already been bridged from Arbitrum to Ethereum.
Binance and Ahmedabad Cyber Crime Branch recently exposed a major scam network in a joint crackdown. The scam targeted victims across South and Southeast Asia and was worth over $200,000 (₹1.75 crore). The fraud is part of a rising “digital arrest” fraud trend, where fake legal threats are used to target victims. “Digital Arrest” Scams …
WazirX recently shared an important update on its ongoing legal process in Singapore on the proposed scheme of arrangement. It filed its affidavit on July 4, 2025, as directed by the Singapore Court. The next hearing for arguments is set for July 15 at 7:30 AM IST, with July 16 reserved if needed. ???? Update …
In a cyber heist on June 30, hackers stole approximately $140 million (R$800 million) by breaching the reserve account of six Brazilian financial institutions through infrastructure provided by C&M software. The Central Bank of Brazil is actively working to recover the funds after discovering the offender. Central Bank’s Immediate Action Against the Crime After discovering the …
ZachXBT estimates that between $30 million and $40 million has been swapped to crypto through OTC desks and exchanges.
Popular web browsers Google Chrome and Mozilla Firefox are facing serious security threats. While Chrome is being targeted through a dangerous zero-day vulnerability, Firefox users are under attack from a slew of harmful browser extensions. On July 1, cybersecurity experts uncovered a malicious campaign involving 45 fake Firefox extensions designed to steal cryptocurrency wallet details …
The crypto industry lost over $2.2 billion in the first half of 2025 due to hacks, scams, and security breaches, surpassing the total losses of 2024, according to CertiK’s H1 2025 “Hack3d” Web3 Security Report. CertiK recorded 344 on-chain incidents between January and June. Wallet breaches accounted for $1.7 billion in just 34 cases, while …
The crypto industry is facing a security crisis in 2025. In just the first half of the year, hackers have stolen over $2.1 billion across 75 incidents, according to a new report from TRM Labs, marking a 50% increase from previous years. Crypto Thefts Skyrocket in 2025 TRM Labs highlighted that infrastructure attacks—including private key …
The Singapore High Court has rescheduled WazirX’s next hearing in case HC/SUM 940/2025 to July 15, 2025, at 7:30 AM IST, with a reserve date of July 16. This follows the court’s recent approval allowing WazirX to present further arguments regarding its restructuring plans. Originally set for July 10-11, the date change was confirmed by …
It’s been nearly a year since one of India’s biggest crypto debacles left users blindsided. The ₹2,000 crore WazirX hack shook the ecosystem, but the silence from its founder, Nischal Shetty, has been louder than any response. Now, a fresh twist has reignited public outrage, a secretive transfer of ownership rights after the breach. But …
The rising phishing, wallet hack, and security breaches are creating panic in the crypto space. Recently, Blockchain security firm CertiK revealed that in May alone, around $140.1 million was lost to crypto hacks, scams, and exploits, while $162 million in assets were frozen. Notably, phishing attacks accounted for about $8.5 million of the total losses. …
Successor to SparkCat spyware spreads via official app stores, exfiltrates gallery photos using OCR to target seed phrases.
WazirX has received the green light from the Singapore Court to submit further arguments in favor of its proposed restructuring plan. The Court also extended the moratorium, originally set to end on June 6, 2025, providing the exchange with continued legal protection while proceedings continue. This development gives WazirX a crucial window to reinforce its …
Recent data from the Dune Analytics reveals that Garden Finance has experienced a remarkable growth in its platform which is witnessed by charts of BTC swaps, user interactions, and total fees collected during Q2 of 2025 compared to Q1. Notably, as the platform displayed the Garden Finance has facilitated a total BTC volume of 24,984 …
A multi-million-dollar OTC crypto scam on Telegram was recently exposed by Altcoin Alpha on X. The scheme involved popular tokens like SUI, NEAR, Axelar, SEI, and many others, with over $50 million reportedly stolen. The scam went unnoticed for months and targeted big names in the crypto space, including venture capitalists, key opinion leaders (KOLs), …
The hacking group continued its assault on Thursday, releasing the exploited exchange's source code.
In response to a major $100 million hack targeting Nobitex, Iran’s largest crypto exchange, authorities have introduced a strict curfew on all crypto exchange operations. Platforms are now only allowed to operate between 10 a.m. and 8 p.m. daily. The move is seen as an effort to prevent capital flight and increase oversight of digital …
The anti-Iran group targeted state-owned Bank Sepah a day prior, and now threatens to leak Nobitex’s source code, calling the platform a "terror-financing tool" used to bypass sanctions.
Iranian crypto exchange Nobitex has confirmed a security breach involving unauthorized access to its hot wallet, resulting in an estimated $48.65 million loss. The platform has disabled affected systems and launched a full investigation. Nobitex assured users that all losses will be covered through its insurance fund and internal reserves, and that cold wallet assets …
The hacker could only swap $25,000 worth of the token due to low liquidity.
Co‑founder Tiancheng Xie revealed that Polyhedra Network is launching a buyback strategy to support ZKJ token prices after an “egregious” liquidity attack wiped out over 80% of its value.
A YouTuber exposed an $800,000 crypto scam in Cebu by hacking CCTV, confronting scammers live and revealing their global fraud operation.
The hacker laundered the ETH after the asset nearly doubled in the past two months.
The Paraguay government asked its citizens, on Monday, June 9, to ignore X posts made through the official account of President Santiago Peña. Earlier on Monday during the mid-North American trading session, the X account for President Peña indicated that Paraguay had adopted Bitcoin as a legal tender in addition to creating a strategic BTC …
Santiago Peña's account said that bitcoin would be made legal tender.
Liquidity pools have been restored to between 85% and 99% of their original levels.
The recent $31 million Bitcoin donation to Ross Ulbricht, the once-imprisoned founder of Silk Road, has stunned the crypto world. Investigators now say the funds are likely tied to Alphabay, another infamous dark web marketplace, reviving concerns over illicit crypto flows. Tracing the Bitcoin: Alphabay Connection According to a June 5 report by WIRED, blockchain …
Details of the May hack were first revealed by blockchain sleuth and Paradigm advisor ZachXBT.
The U.S. Department of Justice (DOJ) has seized over $7.74 million in cryptocurrency allegedly laundered by North Korean IT workers posing as remote employees at U.S. and international companies. This operation, exposed through a civil forfeiture complaint filed in the District of Columbia, reveals how North Korea has been exploiting the crypto and AI boom …
Creditors were banking on a promise to have their funds distributed in April 2025. That shifted further and now looks to be in indefinite territory again.