Cybercrime | ForkLog

ForkLog 47 16.05.2024

US Brothers Arrested for Ethereum Exploit and $25 Million Theft

Brothers Anton and James Perayre-Bueno have been arrested in Boston and New York, respectively, on charges of exploiting the Ethereum blockchain and stealing $25 million in cryptocurrency. According to a press release, they face charges of conspiracy to commit wire fraud and money laundering. “These brothers allegedly executed a first-of-its-kind manipulation of the Ethereum blockchain, […]

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ForkLog 15 16.05.2024

North Korean Hackers Launder $147 Million Stolen from HTX via Tornado Cash

In March, North Korean hackers employed the cryptocurrency mixer Tornado Cash to launder $147.5 million stolen from the HTX exchange in 2023. This was reported by Reuters, citing UN sanctions monitors. The asset movements were tracked by analysts from PeckShield and Elliptic. In total, UN observers investigated 97 cyberattacks by North Korean hackers on cryptocurrency […]

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ForkLog 19 15.05.2024

Cypher DEX Insider Admits to Misappropriating Funds

A key member of the decentralized exchange Cypher, known by the pseudonym Hoak, has confessed to misappropriating a portion of the funds stolen during an exploit in August 2023. My statement on the situation. TLDR: I fucked up way too hard, way too many times. I don’t expect anyone to forgive me or let this […]

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ForkLog 18 15.05.2024

Alex Labs DeFi Protocol Loses $4.3 Million in Hack

Analysts at CertiK Alert have reported a breach of the Alex Labs DeFi platform on the Bitcoin network, resulting in losses of approximately $4.3 million. #CertiKInsight ? We have seen a suspicious transaction affecting @ALEXLabBTC Initial evidence points to a possible private key compromise. Deployer of 0xb3955302E58FFFdf2da247E999Cd9755f652b13b upgrades to a suspicious implementation. In total ~$4.3m […]

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ForkLog 40 15.05.2024

Sonne Finance DeFi Project Exploited for $20 Million

The decentralized lending protocol Sonne Finance has fallen victim to an exploit, resulting in damages amounting to approximately $20 million. Post-mortem on the exploit of Sonne Finance markets on Optimismhttps://t.co/gBXDsl8ucA — Sonne Finance (@SonneFinance) May 15, 2024 According to the statement, the perpetrator employed a “known donation attack” on forks of Compound v2, one of […]

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ForkLog 12 14.05.2024

Hacker Targets Users of Decentralized Exchange Equalizer

On May 14, a hacker began siphoning funds from traders on the decentralized exchange (DEX) Equalizer. The perpetrator stole 2353 EQUAL (~$20,000) along with several other tokens. Please do not interact with https://t.co/pqN8aT6l2V front end at the moment. We are investigating and will report back. — Equalizer (@Equalizer0x) May 14, 2024 The project team advised […]

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ForkLog 11 14.05.2024

North Korean Hackers Deploy New Malware Against Cryptocurrency Firms

North Korean hackers known as Kimsuky have begun using new malware, Durian, to target cryptocurrency companies. This was reported by experts from Kaspersky Lab. Our latest APT trends for Q1, 2024 if now live and includes a look at some of the more interesting APT activities revealed during Q1, including Careto APT reappearance, hacktivist activity, […]

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ForkLog 21 14.05.2024

ZachXBT Suggests $14.8 Million Hack of Bitcoin Exchange Rain

On-chain researcher ZachXBT reported a potential hack of the Bahrain-based cryptocurrency exchange Rain, amounting to $14.8 million. According to him, on April 29, suspicious withdrawals of BTC, ETH, SOL, and XRP occurred from the exchange’s wallets. “The funds were quickly transferred to third-party exchanges and instantly exchanged for BTC and ETH,” reported ZachXBT. A few […]

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ForkLog 20 09.05.2024

Hacker Returns 51 ETH to Victim from Stolen $68 Million

A perpetrator who stole $68 million through an “address poisoning” scheme has contacted the victim. The hacker returned 51 ETH (~$153,800) to the user with a message to reach out via Telegram. This is evidenced by on-chain data on the Etherscan platform. May 11, 2024 | 09:37Update: According to on-chain data, the hacker returned nearly […]

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ForkLog 58 08.05.2024

Two Arrested in Connection with Four Dragons Exchange Hack

On May 8, the Pervomaisky District Court in Bishkek ordered the arrest of two individuals suspected of involvement in the recent hack of the cryptocurrency exchange Four Dragons. Sources close to the detainees’ lawyers informed ForkLog of the development. According to these sources, one of the suspects is Marat Zaripov, a former employee of the […]

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ForkLog 18 08.05.2024

Binance Aids in Arrest of Suspect in ZKasino Fraud Case

Binance’s crime investigation team played a significant role in the arrest of a suspect linked to the ZKasino blockchain casino scam. Details are provided by Cointelegraph. In April, ZKasino developers transferred 10,515 ETH worth $33.9 million to the Lido staking protocol and altered the website’s wording, removing the statement about returning ETH. The coins were […]

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ForkLog 15 08.05.2024

UK Cybercriminals Jailed for Blockchain.com Phishing Scam

In the United Kingdom, two cybercriminals have been sentenced for stealing cryptocurrencies worth £5.7 million ($7.1 million) through a phishing site mimicking the exchange Blockchain.com, as reported by BBC. Jake Lee and James Heppel created a counterfeit version of the original service, gaining access to victims’ assets. In total, 55 individuals from 26 countries were […]

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