A personal key exploit gave an attacker management of IoTeX’s TokenSafe and MinterPool contracts on February 21. Eventually, the hackers drained an estimated $2 million in crypto belongings, sending IOTX down by over 9%. Why it issues: IOTX holders face direct losses because the token fell roughly 9.2% to $0.0049, in response to CoinGecko data….
The Department of Justice charged a Venezuelan nationwide this week for allegedly utilizing crypto exchanges in a $1 billion cash laundering scheme. According to the grievance, the funds moved in and out of the United States. Outbound locations included “high-risk” jurisdictions resembling Colombia, China, Panama, and Mexico. Prosecutors Detail Multi-Step Crypto Fund Routing According to…
The growing use of AI-driven instruments to generate deepfake content material has sparked renewed considerations about public security. As the know-how turns into extra superior and broadly accessible, it additionally raises questions in regards to the reliability of visible identification verification methods utilized by centralized exchanges. Governments Move to Curb Deepfakes Deceptive movies are spreading…
Iran’s Islamic Revolutionary Guard Corps (IRGC) transacted greater than $2 billion in cryptocurrency to keep away from sanctions and gasoline cybercriminal operations, in accordance to Chainalysis. The determine may very well be increased, provided that it solely accounts for sanctions designations from the US. Iran’s scenario displays an exponential rise in illicit cryptocurrency transactions, pushed…
A Maryland man was sentenced to jail this week for serving to IT employees linked to North Korea infiltrate US corporations. This incident suits right into a wider sample in 2025, the place insider entry and rising crypto theft have gotten key options of North Korea’s cyber technique. US Jobs Opened to North Koreans The…
Researchers from Anthropic have discovered that three standard AI brokers can autonomously exploit vulnerabilities in good contracts, producing an estimated $4.6 million in simulated stolen funds. They additionally found new vulnerabilities in lately deployed blockchain contracts, displaying that AI-driven cyberattacks at the moment are attainable and worthwhile. AI-Driven Cyberattacks Prove Cost-Effective In a weblog put…
For the higher half of a decade, the ethos of cryptocurrency safety was distilled right into a single, terrifyingly easy mantra: “Not your keys, not your cash.” It was a name to arms for self-sovereignty, putting the burden of bank-grade safety onto the shoulders of people. But as we transfer deeper into 2025 and past,…
Crypto donations have turn into a essential workaround as Gaza faces banking restrictions, frozen monetary channels, and almost unimaginable situations for help distribution. However, this identical atmosphere of desperation and fragmented infrastructure has opened the door to questionable “humanitarian” operations, which have surfaced lately. Grassroots Aid Rises Through Crypto Crypto donations have turn into a…
Lionsgate Network not too long ago reported a big enhance in on-line and crypto-related scams in the course of the vacation season, as fraudsters capitalize on an uptick in procuring and digital exercise. The blockchain intelligence agency advises customers to stay vigilant and stresses that immediate motion is essential when fraud happens. Holiday Scams Grow…
2025 has already turn out to be probably the most damaging yr for alternate safety on report. The Bybit breach earlier this yr, the place greater than $1.5 billion was drained nearly immediately, didn’t shock anybody paying consideration. It was a predictable end result of an trade that also thinks about safety in phrases of…