Summary In the final six months, no less than $36.7 million has been stolen from protocols whose supply code was by no means…
The submit The Hidden Code Problem: How Unverified Smart Contracts Are Becoming a Preferred Target for Attackers appeared first on Chainalysis.
Key findings Criminal balances Illicit entities maintain almost $15 billion in 2025, with stolen funds representing the most important class. Wallets downstream from these entities, outlined as those who obtained funds from illicit sources in extra of 10% of whole inflows, maintain over $60 billion — roughly 4 occasions the quantity held by illicit entities…
Last week, the Seoul Metropolitan Police Agency (SMPA) announced that it has dismantled some of the refined cybercrime operations in current historical past. Their meticulous two-year investigation uncovered a stunning theft of 39 billion gained (roughly $30 million) from 258 high-profile victims, together with company executives. The worldwide hacking group had employed strategies so superior…
Terraform Labs co-founder Do Kwon will plead guilty on Aug. 12 at 10:30 am ET in federal court. As Inner City Press reported, Judge Paul Engelmayer filed a docket order on August 11. The guilty plea represents a shift from Kwon’s previous trial defense strategy in the high-profile crypto fraud case. The change comes months…
TL;DR International law enforcement coordinated to take down BreachForum, arresting five administrators including IntelBroker (Kai West). Breakthrough came when IntelBroker accepted Bitcoin instead of Monero for a controlled purchase, enabling blockchain analysis. Chainalysis Reactor helped trace cryptocurrency flows through multiple exchanges, connecting IntelBroker’s digital persona to his real identity. The case demonstrates how blockchain analytics,…
Apple has released iOS 18.6.2 and iPadOS 18.6.2 together with macOS Sequoia 15.6.1, Sonoma 14.7.8, and Ventura 13.7.8 to repair a zero-day within the ImageIO framework that was exploited within the wild. Per Apple, processing a malicious picture may corrupt reminiscence, enabling code execution, and the corporate is conscious of a report of use in…
North Korean (DPRK) IT staff proceed to infiltrate IT firms globally to earn earnings, typically in cryptocurrency, used to finance North Korea’s manufacturing of weapons of mass destruction and ballistic missiles. Over the previous few years, regulatory actions by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), South Korea’s Ministry of Foreign Affairs (MOFA),…