Crypto Theft News

Due to its anonymity, the cryptocurrency industry has become the target of identity-related fraudulent activities in recent months. According to an AU10TIX fraud report shared with crypto.news, crypto-related platforms accounted for 29% of global identity fraud attempts in the second…

According to web3 investigator ZachXBT, a Bitcoin whale may have lost assets worth a staggering $238 million in crypto on Aug. 19. The popular crypto sleuth highlighted a “suspicious transfer” from a wallet containing over 4064 Bitcoin (BTC), a hefty…

Cybersecurity expert ZachXBT’s recent tweets suggest a sophisticated scheme involving North Korean IT workers posing as crypto developers is taking place. The operation led to the theft of $1.3 million from a project’s treasury and exposed a network of over…

The Wisconsin Department of Financial Institutions has launched a scam tracker to protect investors from crypto and investment fraud. This tracker aims to help Wisconsinites in identifying and avoiding fraudulent schemes, including crypto scams, by providing detailed descriptions of deceptive…

Gala Games’ token, GALA, was a top gainer on Wednesday after funds from a recent security incident have been recovered and proposed to burn for the token’s stability. The GALA price surge comes after it released a report about the…

The U.S. Department of Justice has arrested two brothers concerning the theft of $25 million in cryptocurrency.

Despite a near-constant number of hacks, the total amount of crypto stolen has been slashed by over half in 2023, TRM Labs reports. According to a report published by blockchain firm TRM Labs, hackers managed to pilfer $1.7 billion through…

The stablecoin company said irreversible crypto transactions have left millions with heavy losses and necessitated a new type of digital asset with greater flexibility.

The LastPass hack claimed 25 victims on October 25th, draining $4.4 million from several crypto wallets.

Although Calgary citizens reported 340 cryptocurrency scam cases this year, police believe scams are ‘vastly underreported.’ Citizens of Calgary, Canada, have been targeted by at least 340 cases of scam in 2023, losing a total sum of more than $22.5…

Representatives of the Everscale project reported the theft of large volumes of EVER tokens.

A Chinese court has jailed a man for ten years for stealing 384 ETH. The hacker siphoned crypto from the victim's wallet in 2 months in 2018.

Stanford has launched two Ethereum project solutions to counter theft and money laundering in the crypto space.  The Announcement In a tweet, Kaili.eth, a member of Stanford, announced that the institution came up with the idea of reversible transactions in…

A North Texas woman has been charged with stealing $570,000 in Bitcoin after allegedly stealing passwords to access the cryptocurrency from a Dallas home. Texas Woman Arrested for Stealing $570K Worth in Bitcoin On September 6, Joann Vasquez, a 38-year-old…

While crypto heists have declined in 2020, the largely unregulated decentralized finance (DeFi) arena has seen an uptick in the activities of rogue actors. Crypto Crime on the Decline in 2020 According to cryptocurrency forensics firm CipherTrace, losses due to…

Two suspects allegedly responsible for the theft of Bitcoin (BTC) worth $700,000 from a company’s account have been arrested by the Tokyo Police Department. Reports are claiming that one of the suspects intended to bankrupt the company as he had…