Cybercrime | ForkLog

ForkLog 8 05.02.2024

Employee Duped by Deepfake Colleagues in $25 Million Scam

In Hong Kong, an employee of a multinational company transferred $25 million to fraudsters after a video call with “colleagues” who turned out to be deepfakes, according to local media. The incident occurred in January. The victim received an invitation, purportedly from the firm’s chief financial officer, to an online video meeting to discuss a […]

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ForkLog 25 05.02.2024

Data from Binance and Coinbase Offered for Sale on the Dark Web

A hacker using the alias Tamagami claims to have accessed an account on the Kodex Global platform, which allows law enforcement to request data from various bitcoin exchanges and social networks. This was highlighted by experts at Hudson Rock. New Blog Post: Hacking of Google, TikTok, and Meta Law Enforcement Systems as a Result of […]

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ForkLog 14 02.02.2024

US Authorities Charge Three in FTX Hack Involving $400 Million

The US Attorney’s Office charged three individuals in connection with the $400 million hack of the cryptocurrency exchange FTX in 2022, which was carried out using SIM swapping. On January 24, a case was filed in the Washington District Court against Robert Powell, Carter Ron, and Emily Hernandez. The documents detail the attack on “Victim […]

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ForkLog 14 31.01.2024

Ripple Suspected of Losing $112 Million in Hack

The blockchain project Ripple has likely been hacked for 213 million XRP (approximately $106.6 million at the time of writing), according to on-chain researcher ZachXBT. It appears @Ripple was hacked for ~213M XRP ($112.5M) Source addressrJNLz3A1qPKfWCtJLPhmMZAfBkutC2Qojm So far the stolen funds have been laundered through MEXC, Gate, Binance, Kraken, OKX, HTX, HitBTC, etc pic.twitter.com/HKGYsLQeMv — […]

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ForkLog 28 31.01.2024

Crypto Industry Faces Over $126 Million Loss from Scams and Hacks in January

Hacker attacks and fraud led to losses of approximately $126.8 million for crypto projects in January, across 19 separate incidents, according to a report by Immunefi. The damage was six times greater than in the first month of 2023 and nearly three times the figure for December. Data: Immunefi. Exploits and hacks accounted for 96.8% […]

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ForkLog 14 30.01.2024

Abracadabra Project Loses $6.5 Million in Exploit

The DeFi protocol Abracadabra Finance has suffered an exploit resulting in losses of approximately $6.5 million, according to experts from PeckShield. Hi @MIM_Spell, you may want to take a look (w/ $6.49M Loss) pic.twitter.com/uHs0JweuoM — PeckShield Inc. (@peckshield) January 30, 2024 Specialists from Blocksec confirmed the project’s loss of “millions of dollars.” They noted the […]

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ForkLog 11 29.01.2024

Blockchain Karaoke Platform SOMESING Hacked for $11 Million

Unknown attackers targeted the South Korean blockchain-based social karaoke platform SOMESING, extracting 730 million SSX tokens valued at approximately $11.6 million at the time of the breach. According to a statement, the stolen amount included 504 million undistributed SSX tokens, which were intended to be gradually released into circulation by the end of 2025. The […]

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ForkLog 9 29.01.2024

PeckShield Reports $2.61 Billion Loss in Crypto Industry Due to Hacks and Scams

The cryptocurrency industry suffered losses amounting to $2.61 billion in 2023 due to hacking incidents and fraudulent activities, according to a report by PeckShield. #PeckShieldAlert 2023 saw 600+ major hacks in the crypto space, resulting in ~$2.61B in losses, with $674.9M recovered. $1.51B lost to hacks (excluding #Multichain unauthorized withdrawals) & $1.1B to scams. This […]

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ForkLog 99 29.01.2024

Finnish Authorities Track Monero-Using Hacker

Finland’s National Bureau of Investigation (KRP) has traced transactions involving the anonymous cryptocurrency Monero (XMR) linked to hacker Julius Kivimäki, according to local media. On January 22, the prosecution presented new evidence indicating illegal transfers leading to Kivimäki’s bank account. Investigators allege that in 2020, the suspect demanded 40 BTC to avoid publishing personal data […]

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ForkLog 61 26.01.2024

Hacker Breaches Algorand CEO’s X Account to Criticise Project

On January 26, a hacker compromised the X account of Algorand Foundation CEO Staci Warden, yet refrained from posting phishing links. ‼️ @StaciW_DC’s account has been compromised. Please do not click on any links on her account or respond to DMs. We are in the process of recovering it. — Algorand Foundation (@AlgoFoundation) January 26, […]

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ForkLog 13 25.01.2024

Former Orbit Bridge Employee Suspected of Aiding $80 Million Attack

South Korean company Ozys, the developer behind the cross-chain bridge Orbit Bridge, accused a former employee of aiding a recent attack on the protocol. According to preliminary investigation results, on November 22, 2023, the Chief Information Security Officer weakened the internal firewall settings. Two days earlier, this employee had submitted a resignation letter. He left […]

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ForkLog 8 25.01.2024

North Korean Hackers’ Crypto Heists Yield Lower Profits

In 2023, North Korean hackers stole approximately $1 billion in cryptocurrencies through 20 breaches, compared to $1.7 billion from 15 cyber incidents in 2022, according to Chainalysis. In 2023, we estimate that the total amount of crypto stolen by North Korea-affiliated hackers is slightly over $1 billion, and the number of hacks rose to 20. […]

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