Hackers took over rap group Migos’ Instagram account to post Solana co-founder Raj Gokal’s stolen personal information, including his passport and phone number, on May 27 after he refused to pay a 40 Bitcoin (BTC) ransom. Blockchain analyst ZachXBT explained on social media that the attackers gained access to one of Gokal’s email accounts days […]
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Cetus plans to bolster security through rigorous testing, expanded audits, and a strengthened bug bounty program.
One Instagram post explicitly claimed Gokal 'should have' paid 40 BTC, suggesting a potential blackmail attempt.
Cetus Protocol posted a $5 million reward on May 23 for information that identifies and leads to the arrest of the attacker who extracted $223 million from its decentralized exchange on the Sui network. Announced on May 23, the offer is coordinated with cybersecurity firm Inca Digital and will be funded by the Sui Foundation […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cetus said it worked with law enforcement agencies, exchanges and cross-bridge protocols to freeze all stolen funds that remain on Sui.
Cetus Protocol, a decentralized exchange (DEX) operating on the Sui Network, has suspended its smart contract operations after a serious security breach. The platform confirmed the exploit on May 22 through its official X account, noting that the shutdown was necessary to prevent further fund loss, stating, “????Alert Announcement ???? There was an incident detected […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase is facing sharp criticism and regulatory pressure after confirming a significant data breach that exposed personal information of nearly 70,000 users. According to a filing with the Maine Attorney General’s Office, the breach affected 69,461 individuals, of whom 217 were residents of Maine. The exchange also stated that the compromise affected less than 1% […]
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The US Department of Justice (DOJ) is investigating how attackers infiltrated Coinbase in their recent customer data breach incident, Bloomberg News reported on May 19, citing a person familiar with the matter. Coinbase chief legal officer Paul Grewal confirmed the company is cooperating with federal law enforcement and intends to pursue legal action against those […]
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The program kicks off with 10 top-tier researchers starting with LonelySloth — who has generated $3.6 million in earnings on Immunefi.
Amid a recent surge in physical threats to crypto investors with substantial holdings, firms that offer personal security services are seeing increasing demand. Amsterdam-based physical security and intelligence services provider Infinite Risks International’s managing director, Jethro Pijlman, told Bloomberg: “We’ve had more inquiries, more long-term clients, and more proactive requests from crypto investors who don’t […]
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Eric Council Jr. was sentenced to 14 months’ imprisonment for his role in the Jan. 9, 2024, hack of the U.S. Securities and Exchange Commission’s (SEC’s) X account. The convicted, along with co-conspirators, posted false news of the SEC approving the first Bitcoin (BTC) exchange-traded fund in the U.S. In a press release on May […]
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The defendants allegedly spent $4 million at nightclubs and $9 million on exotic cars, among other luxury items, prosecutors claim.
At a panel at Consensus 2025, TRM Labs' Ari Redbord discussed Coinbase’s response to their recent hack
There have been at least five attempted assaults on public and private crypto figures in France, out of 25 reported instances around the world.
Blockchain analytics firm Elliptic said Haowang processed over $27 billion in USDT transactions that facilitated illegal cyber activities.
Curve Finance is moving permanently to a new web domain following a targeted DNS attack that exposed users to phishing risks. On May 13, the DeFi protocol confirmed that it will operate on Curve.finance, replacing the compromised Curve.fi. The protocol explained that it was making the move because of the prolonged downtime and limited support […]
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Some Ledger customers recently received physical scam letters requesting their seed phrase in another malicious attack.
EXch served as a hub for over $1.9 billion in illicit crypto transfers, authorities said, with funds tied to both high-profile hacks and phishing operations.
LockBit, one of the most well-known Ransomware-as-a-Service (RaaS) groups, suffered a serious security breach that exposed around 60,000 Bitcoin addresses. On May 8, blockchain security firm SlowMist reported that hackers exploited a PHP 0-day or 1-day vulnerability to gain unauthorized access to LockBit’s backend systems and admin console. SlowMist pointed out that the hack resulted […]
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Ransomware gang LockBit, known for demanding cryptocurrency payments, has been hit by a data leak of its own following a recent hack.
North Korea was behind some of the largest crypto heists in history, including the $1.4 billion exploit on Bybit exchange earlier this year.
An Israeli-Russian national was arrested last week while allegedly attempting to flee Israel under a false identity, and now faces extradition to the US in connection with a major crypto hack that caused nearly $190 million in damages. Alexander Gurevich was taken into custody on May 1 at Ben-Gurion Airport just before boarding a flight […]
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The organization behind one of the world’s largest blockchain networks confirmed that TRON’s X account was compromised on May 2, 2025, in a targeted social engineering attack. The breach lasted from 9:25 A.M. PST, when an unauthorized party published a post containing a suspicious contract address. The hacker then proceeded to send direct messages (DMs) […]
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Blockchain analyst ZachXBT revealed that roughly $7 million of the $330 million in Bitcoin (BTC) stolen from a longtime US crypto holder has been frozen with the help of Binance. The update comes days after ZachXBT first reported a suspicious transfer of 3,520 BTC, worth about $330 million at the time, from a single wallet. […]
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The investigator also claims to have identified two suspects who have since "deleted social media accounts."
FinCEN alleged that Huione laundered over $4 billion worth of illegal funds, including those linked to North Korean hackers.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The online sleuth reported on Sunday that a "suspicious" transfer worth around 3,520 BTC was made from the victim's wallet.