Remove 2021 Remove Cryptocurrency Remove Hacking Remove Information Security
article thumbnail

Russian cybercrime forums launch contests for cryptocurrency hacks

Security Affairs

Cybercriminals in Russian underground forums have been invited to take part in competitions for hacking cryptocurrency and NFT. Several Russian underground forums have launched competitions for hacking cryptocurrency schema and Non-fungible token (NFT). SecurityAffairs – hacking, cryptocurrency hack).

article thumbnail

Florida man sentenced to prison for SIM Swapping conspiracy that led to theft of $1M in cryptocurrency

Security Affairs

A man from Orlando was sentenced to prison for SIM Swapping conspiracy that led to the theft of approximately $1M in cryptocurrency. The man was sentenced for his role in a hacking scheme that led to the theft of approximately $1M worth of cryptocurrency from dozens of victims. ” reads the press release published by DoJ.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crooks create rogue cryptocurrency-themed apps to steal crypto assets from users

Security Affairs

FBI has warned of crooks developing malicious cryptocurrency-themed apps to steal crypto assets from the users. Federal Bureau of Investigation (FBI) has warned of crooks creating malicious cryptocurrency-themed apps to steal crypto assets from investors. million from 244 victims between October 4, 2021, and May 13, 2022.

article thumbnail

Crooks steal $130 million worth of cryptocurrency assets from Cream Finance

Security Affairs

Threat actors have stolen $130 million worth of cryptocurrency assets from the Cream Finance decentralized finance (DeFi) platform. Threat actors have stolen $130 million worth of cryptocurrency assets from the decentralized finance (DeFi) platform. — Cream Finance (@CreamdotFinance) October 27, 2021. increase from 2020.

article thumbnail

$611 million stolen in Poly Network cross-chain hack

Security Affairs

The cross-chain protocol Poly Network has been hacked, threat actors stole $611 million making this hack the largest DeFi hack to date. 611 million has reportedly been stolen in one of the largest cryptocurrency hacks. BitGo @renBTCFinance — Poly Network (@PolyNetwork2) August 10, 2021. The attackers.

Hacking 118
article thumbnail

Crypto security breaches cause $4.25 billion losses worth of cryptos in 2021

Security Affairs

The cyberattacks against the cryptocurrency industry are a profitable business for threat actors, according to the experts, $12.1 billion worth of cryptocurrencies have been stolen in the last decade. In 2021 we observed a spike in crypto heists, $4.25 billion worth of cryptos were stolen by cybercriminals in 2021.

article thumbnail

Crooks broke into AT&T email accounts to empty their cryptocurrency wallets

Security Affairs

Threat actors are gaining access to AT&T email accounts in an attempt to hack into the victim’s cryptocurrency exchange accounts. Hackers are breaking into the AT&T email accounts and then using the access they are logging into the victim’s cryptocurrency exchange accounts to drain their crypto funds, TechCrunch reported.