Cybercrime | ForkLog

ForkLog 14 05.06.2024

DMM Bitcoin to Raise $350 Million for Hack Victim Compensation

The Japanese cryptocurrency exchange DMM Bitcoin has unveiled plans to compensate users for losses incurred from the theft of 4502.9 BTC at the end of May. According to the statement, the platform intends to reimburse clients by purchasing an equivalent amount of bitcoin with financial backing from DMM Group companies. On June 3, the exchange […]

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ForkLog 8 05.06.2024

Tether CEO Warns of Email Service Breach

A prominent email service provider used by cryptocurrency companies has been compromised, according to Tether CEO Paolo Ardoino. We received now 2 independent confirmations that a prominent vendor used by crypto companies to manage mailing lists might have been compromised. Not making names yet until investigation is completed, but please beware of any emails suggesting […]

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ForkLog 9 04.06.2024

Binance Attributes $1 Million Hack to User’s Own Security Lapse

Binance co-founder Yi He denied the exchange’s responsibility for a security breach that resulted in a client losing $1 million. “Look closely: this user’s account was hacked because their own computer was attacked. After the hack, the hacker couldn’t withdraw funds, so they sold the victim’s coins, leading to trading losses,” she stated. On June […]

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ForkLog 15 03.06.2024

Binance User Loses $1 Million Due to Chrome Plugin

A hacker gained control over a Chinese trader’s Binance account without needing a password or 2FA confirmation. Following a series of transactions, the perpetrator withdrew assets worth $1 million. 我成了币圈卧底的牺牲品，币安账户里100万美元灰飞烟灭直到现在我整个人还是懵的，这几乎是我这几年全部的积蓄。… pic.twitter.com/sSNUTXFZsc — Nakamao? (@CryptoNakamao) June 3, 2024 The incident occurred on May 24. During the process, the investor claims he received no notifications from […]

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ForkLog 11 03.06.2024

Frax Finance Links X Account Breach to Insider Activity

Sam Kazemian, founder of Frax Finance, reported the compromise of the DeFi project’s account on the social network X and sought assistance in contacting customer support. If anyone has a direct line to X account/customer service please DM me, @fraxfinance X account is compromised and appears to be inside job or social engineering within X […]

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ForkLog 20 03.06.2024

Velocore DEX Suffers $6.8 Million Loss in Exploit

The decentralized exchange Velocore has fallen victim to an attack, with a hacker extracting approximately $6.8 million in Ethereum (ETH) from pools in the L2 networks Linea and zkSyncEra. Post-mortem on the exploit of Velocore This incident is unlikely to extend to other protocols, so other users of @LineaBuild and @zksync can rest assured. We […]

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ForkLog 22 31.05.2024

DMM Bitcoin Exchange Hacked for $305 Million

Unknown attackers have breached the Japanese cryptocurrency exchange DMM Bitcoin, extracting 4502.9 BTC (approximately $305 million at the time of writing). This was reported by CoinDesk. Representatives of the platform confirmed the attack and stated that measures have been taken to prevent further unauthorized withdrawals. Clients will be fully compensated for their losses. The exchange […]

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ForkLog 12 29.05.2024

ZKasino Initiates ETH Recovery Process

The blockchain casino ZKasino has launched a two-step bridge recovery process, allowing users to register and reclaim their ETH at a 1:1 ratio. The initiative is aimed at those “who chose not to participate in the ZKAS conversion,” the team clarified. Participants can register and submit their first batch of bridge rewards in tokens. By […]

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ForkLog 17 27.05.2024

Memecoin NORMIE Plummets 99% After Hack; Attacker Returns Funds for Relaunch

On May 26, the meme token Normie (NORMIE) was hacked, causing its price to drop by 99% and its market capitalization to fall from $41 million to $1.9 million. Memecoin Normie was attacked, and its price plummeted by more than 99% in one minute, with its market value falling from $40 million to less than […]

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ForkLog 32 27.05.2024

Celebrity X Accounts Hacked to Promote Scams

Over the weekend, the X accounts of several influencers and celebrities were hacked to promote scams and manipulate the market. Among the victims was a crypto investor known as Gigantic-Casocked-Rebirth (GSR), who has approximately 250,000 followers. On May 26, a post appeared on his page about ORDI and LUNA 2.0 coins, causing both assets to […]

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ForkLog 22 21.05.2024

Gala Games Exploit Results in Over $200 Million Loss

An unknown actor minted and withdrew 5 billion GALA tokens from the Web3 gaming platform Gala Games, amounting to approximately $210 million, according to Etherscan data. 22 May 2024 | 14:54Update: The hacker who breached Gala Games returned ~5913 ETH (approximately $22.1 million at the time of the transaction) to the project, proceeds from the […]

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ForkLog 18 20.05.2024

Suspect in Pump.fun Hack Arrested in London

The British police have detained a suspect in the hacking of the meme-token launch platform Pump.fun on Solana, as reported by Blockworks. On May 17, the team claimed that the exploit, which resulted in $1.9 million in damages, was carried out by a former employee who took advantage of a “privileged position.” Igor Igamberdiev, head […]

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