Cybercrime | ForkLog

ForkLog 14 19.06.2024

Kraken Bug Hunters Extract $3 Million via ‘Extremely Critical’ Vulnerability

The cryptocurrency exchange Kraken has resolved a dangerous exploit that allowed users to artificially inflate and then deplete their account balances. Kraken Security Update: On June 9 2024, we received a Bug Bounty program alert from a security researcher. No specifics were initially disclosed, but their email claimed to find an “extremely critical” bug that […]

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ForkLog 20 17.06.2024

Spanish Authorities Arrest Hacker with $27 Million in Bitcoin

Spanish police have apprehended a 22-year-old Briton suspected of hacking two major casino networks in the autumn of 2023, according to local media. Investigators allege that the hacker, known by the pseudonym tylerb, is a key member of the Scattered Spider group and was behind the breach of corporate accounts, gaining illegal access to millions […]

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ForkLog 11 17.06.2024

Hackers Funnel $4.3 Million from Remilia into Tornado Cash

Assets amounting to 1209.5 ETH (~$4.3 million), stolen from the Remilia DAO treasury, have been transferred to the cryptocurrency mixer Tornado Cash, according to experts at CertiK. #CertiKInsight ? We have seen a deposit of a total of 1209.5 ETH (~$4.3M) into https://t.co/0lwPdz0OWi that was traced to multiple compromised addresses in the Remilia incident on […]

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ForkLog 11 14.06.2024

A Series of Breaches: Holograph Attack, Fake Exchange, and UwU Lend’s Bounty

The native token of the Holograph blockchain plummeted by 80% after a malicious actor breached the protocol operator’s smart contract, minting 1 billion HLG worth $14.4 million. On June 14, the network team confirmed the attack and reported that the flaw had been fixed. The project also reached out to centralized exchanges and law enforcement […]

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ForkLog 32 13.06.2024

OKX Details Hacks and Promises Compensation

Following a series of breaches, representatives from the cryptocurrency exchange OKX revealed that a hacker “forged court documents” to obtain personal information from “a very limited number” of users. 关于近期个别客户账户出现安全事件的情况说明 1. 所有此事件的有关用户都已经/马上得到圆满解决； 2. 此事件与谷歌验证器或短信验证的选择无关，但是 #OKX 确实推荐有能力的用户使用谷歌验证器； 3.… — OKX中文 (@okxchinese) June 12, 2024 “All users involved in the incident have been or will be compensated […]

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ForkLog 11 13.06.2024

UwU Lend Protocol Hacked Again for $3.72 Million

On June 13, the DeFi liquidity protocol UwU Lend was hacked for the second time in a week by the same attacker, according to experts from SlowMist. ?SlowMist Security Alert? We have detected that @UwU_Lend has suffered another loss of $3.72M.https://t.co/ttLSq0m18u As always, stay vigilant! pic.twitter.com/6tz2e5NDwx — SlowMist (@SlowMist_Team) June 13, 2024 The damage amounted […]

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ForkLog 52 11.06.2024

Lykke Exchange Halts Operations Following $22 Million Hack

The British cryptocurrency exchange Lykke has ceased all operations due to a “security incident” resulting in a $22 million loss. The first to notice the potential breach was on-chain researcher SomaXBT. According to his data, the attack occurred on June 4, and two days later, a message appeared on the platform’s website announcing a halt […]

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ForkLog 34 10.06.2024

Hacker Extracts $19 Million from UwU Lend Protocol

On June 10, analysts at Arkham Intelligence warned of a potential breach of the DeFi liquidity protocol UwU Lend. The preliminary damage was estimated at $19.3 million. ALERT: Possible exploit on Uwulend?? $19.3M removed so far. Address:https://t.co/mDU0WTbE7S pic.twitter.com/Bx7cLbkrqE — Arkham (@ArkhamIntel) June 10, 2024 According to researchers at Cyvers Alerts, the hacker withdrew the funds […]

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ForkLog 45 10.06.2024

How to spot a rug pull: signs and safeguards

A guide to rug-pull scams in crypto—and how to protect your funds.

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ForkLog 8 10.06.2024

Orbit Hacker Funnels $32 Million into Tornado Cash

On June 8, the perpetrator behind the attack on the cross-chain bridge Orbit Bridge transferred 8671 ETH, valued at $32 million, into the mixer Tornado Cash. This was reported by analysts at Arkham Intelligence. ?ONGOING: $100M Orbit Chain Exploiter sends $32M to Tornado Cash after 5 months silence In the past hour, the Orbit Chain […]

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ForkLog 62 09.06.2024

Gemholic Accused of $3.4 Million Rug Pull in zkSync Ecosystem

The team behind the Gemholic project has been accused of disappearing with 921 ETH (approximately $3.4 million at the time of writing), according to The Block. The publication reports that the rug pull occurred after Gemholic recovered 921 ETH, which had been accidentally locked in a smart contract on the zkSync network in April 2023. […]

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ForkLog 21 07.06.2024

Elliptic Highlights Rising Use of AI in Crypto Crimes

As with any new technology, the advancement of AI innovations in the crypto industry has spurred their use for criminal purposes, according to a report by Elliptic. Experts from the company identified five main typologies for such criminal activities: the use of generative AI to create deepfakes and promotional materials for scams; execution of fraud […]

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