Crypto Fraud
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Coldcard Whitehats Transfer Stolen 52.37 BTC to Recovery Trust
Whitehat researchers have moved 52.37 BTC linked to the July Coldcard wallet exploit into an address associated with the Crypto Recovery Trust. Galaxy Digital Research Head Alex Thorn said the Bitcoin came from several tracked exploit clusters and represented 2.8 percent of the funds monitored by his team. The trust is designed to hold recovered di...
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Ethereum Wallet Exploit Drains $7.8 Million in rsETH Tokens, Security Firms Warn
A Gnosis Safe wallet on Ethereum lost around 2,900 rsETH tokens worth approximately $7.8 million (roughly Rs. 74.7 crore) after an attacker exploited a faulty authorisation mechanism in a helper contract. Security firms said the issue was linked to a component trusted by the wallet rather than Safe’s core contracts. A trading bot known as Yoink l...
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Cronos Reports $9.1 Million in Unrecovered Funds After Tectonic Exploit
Cronos has recovered roughly $111.2 million from the $120.4 million Tectonic exploit. The blockchain was rolled back after the attacker manipulated TONIC’s price and used the inflated token value to borrow assets. Around $9.1 million remains unrecovered.
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Rocket Loses $287,000 in Attack Targeting Dormant Perpetual Market
Rocket has halted deposits, withdrawals, and trading after an attacker manipulated an inactive perpetual market to generate artificial profits. The attacker used a burner wallet to trade against itself at inflated prices before withdrawing around $287,000 (roughly Rs. 2.7 crore) from the Bridge. Rocket said it is working with security firms, exchan...
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Pocket Bitcoin Data Breach Exposes Personal and Financial Information of 5,411 Customers
Swiss Bitcoin service provider Pocket Bitcoin has expanded its disclosure of an August security breach after a forensic review identified two affected customer groups. Transaction information linked to 5,120 clients was exposed, while correspondence involving another 291 customers contained potentially more sensitive records. Pocket Bitcoin said it...
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US, UK Coordinate Efforts to Tackle Crypto Scams and Investment Fraud
US and UK law enforcement agencies have signed an MoU to jointly investigate scam centres linked to cryptocurrency and cyber-enabled investment fraud. The agreement establishes a framework for intelligence sharing, coordinated investigations and jurisdiction decisions. The first joint disruption exercise, involving private-sector firms, is planned ...
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Coldcard Hacker Converts Stolen Bitcoin to ETH Through THORChain
The hacker linked to the third wave of Coldcard wallet attacks has begun swapping stolen Bitcoin for Ether through THORChain. Galaxy Research’s Alex Thorn tracked the transactions to a new Ethereum address and shared it with organisations monitoring the funds. Some swaps reportedly failed, potentially because of technical issues or insufficient l...
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Smart Contract Exploit Drains $1.1 Million From Rain Card Users
An old Rain Card contract on Solana was exploited, affecting stablecoin-funded card programmes operated by services including Avici and Tria. Blockaid said the attacker targeted collateral contracts rather than customers’ self-custodial wallets or private keys. Rain identified the flaw in a small number of older contract deployments and upgraded ...
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GTA VI Leak-Linked Wallets Made $350,000 From CYBERLEEK Liquidity Fees, Analyst Says
Wallets associated with the CYBERLEEK memecoin reportedly moved about $350,000 in liquidity provider fees following the release of unauthorised GTA VI footage, according to on-chain researcher Conor Grogan. The funds were routed through multiple over-the-counter service providers. However, blockchain data does not establish who controlled the walle...
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Crypto ATM Scams Resulted in $388 Million Losses, CFTC Warns
The CFTC warned US consumers about scammers using crypto ATMs, gift cards, couriers and other hard-to-reverse payment methods. FBI data showed more than 13,400 cryptocurrency kiosk complaints and $388 million in reported losses in 2025, with older adults accounting for a significant share of the cases and losses.
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Block Bits Capital Founder Found Guilty in $1 Million Crypto Fraud Case
Block Bits Capital co-founder Japheth Dillman has been found guilty of wire fraud and conspiracy to commit wire fraud after prosecutors alleged that he and a co-conspirator misled more than 20 investors about an automated cryptocurrency trading system. The US Department of Justice said investors lost nearly $1 million. Dillman remains out on bond a...
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Term Finance Reports Estimated $8.5 Million Loss Following Governance Exploit
Term Finance has reported an estimated $8.5 million loss after an attacker exploited the governance controls of its strategy vaults. Security firms said the hacker gained enough voting power to pass proposals that enabled control of the vaults, draining Ether and stablecoins. Term has halted its Meta Vaults while it works with external security exp...
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Bybit Says It Prevented Over $700 Million in Losses After $1.46 Billion Hack
Bybit says its security systems prevented more than $700 million (roughly Rs. 6,699 crore) in potential losses during the first half of 2026. The exchange blocked over 30,000 suspicious withdrawals and identified around $212 million (roughly Rs. 2,029 crore) in potentially fraudulent funds. The measures follow the $1.46 billion (roughly Rs. 13,978 ...
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Maya Protocol Loses $11 Million in Pool Value After Exploit Drains Bitcoin and Other Assets
Maya Protocol has halted its MAYAChain network after an exploit allowed an attacker to manipulate a liquidity pool and withdraw Bitcoin and other crypto assets. The protocol said six software bugs were required to execute the attack, which created a false balance of nearly 49 million CACAO in a pool that held only 168,000 CACAO. The attacker later ...
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BitBox Patches Security Flaws That Could Expose Wallets to Malicious Firmware
BitBox has released firmware updates to address two critical vulnerabilities affecting its hardware wallets. The first flaw involved memory corruption in unconfigured BitBox02 Multi and BitBox02 Nova devices and could potentially allow a malicious host to install compromised firmware. The second affected the wallet’s Silent Payments feature and c...
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Coldcard Whitehats Transfer Stolen 52.37 BTC to Recovery Trust
Whitehat researchers have moved 52.37 BTC linked to the July Coldcard wallet exploit into an address associated with the Crypto Recovery Trust. Galaxy Digital Research Head Alex Thorn said the Bitcoin came from several tracked exploit clusters and represented 2.8 percent of the funds monitored by his team. The trust is designed to hold recovered di...
-
Ethereum Wallet Exploit Drains $7.8 Million in rsETH Tokens, Security Firms Warn
A Gnosis Safe wallet on Ethereum lost around 2,900 rsETH tokens worth approximately $7.8 million (roughly Rs. 74.7 crore) after an attacker exploited a faulty authorisation mechanism in a helper contract. Security firms said the issue was linked to a component trusted by the wallet rather than Safe’s core contracts. A trading bot known as Yoink l...
-
Cronos Reports $9.1 Million in Unrecovered Funds After Tectonic Exploit
Cronos has recovered roughly $111.2 million from the $120.4 million Tectonic exploit. The blockchain was rolled back after the attacker manipulated TONIC’s price and used the inflated token value to borrow assets. Around $9.1 million remains unrecovered.
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Rocket Loses $287,000 in Attack Targeting Dormant Perpetual Market
Rocket has halted deposits, withdrawals, and trading after an attacker manipulated an inactive perpetual market to generate artificial profits. The attacker used a burner wallet to trade against itself at inflated prices before withdrawing around $287,000 (roughly Rs. 2.7 crore) from the Bridge. Rocket said it is working with security firms, exchan...
-
Pocket Bitcoin Data Breach Exposes Personal and Financial Information of 5,411 Customers
Swiss Bitcoin service provider Pocket Bitcoin has expanded its disclosure of an August security breach after a forensic review identified two affected customer groups. Transaction information linked to 5,120 clients was exposed, while correspondence involving another 291 customers contained potentially more sensitive records. Pocket Bitcoin said it...
-
US, UK Coordinate Efforts to Tackle Crypto Scams and Investment Fraud
US and UK law enforcement agencies have signed an MoU to jointly investigate scam centres linked to cryptocurrency and cyber-enabled investment fraud. The agreement establishes a framework for intelligence sharing, coordinated investigations and jurisdiction decisions. The first joint disruption exercise, involving private-sector firms, is planned ...
-
Coldcard Hacker Converts Stolen Bitcoin to ETH Through THORChain
The hacker linked to the third wave of Coldcard wallet attacks has begun swapping stolen Bitcoin for Ether through THORChain. Galaxy Research’s Alex Thorn tracked the transactions to a new Ethereum address and shared it with organisations monitoring the funds. Some swaps reportedly failed, potentially because of technical issues or insufficient l...
-
Smart Contract Exploit Drains $1.1 Million From Rain Card Users
An old Rain Card contract on Solana was exploited, affecting stablecoin-funded card programmes operated by services including Avici and Tria. Blockaid said the attacker targeted collateral contracts rather than customers’ self-custodial wallets or private keys. Rain identified the flaw in a small number of older contract deployments and upgraded ...
-
GTA VI Leak-Linked Wallets Made $350,000 From CYBERLEEK Liquidity Fees, Analyst Says
Wallets associated with the CYBERLEEK memecoin reportedly moved about $350,000 in liquidity provider fees following the release of unauthorised GTA VI footage, according to on-chain researcher Conor Grogan. The funds were routed through multiple over-the-counter service providers. However, blockchain data does not establish who controlled the walle...
-
Crypto ATM Scams Resulted in $388 Million Losses, CFTC Warns
The CFTC warned US consumers about scammers using crypto ATMs, gift cards, couriers and other hard-to-reverse payment methods. FBI data showed more than 13,400 cryptocurrency kiosk complaints and $388 million in reported losses in 2025, with older adults accounting for a significant share of the cases and losses.
-
Block Bits Capital Founder Found Guilty in $1 Million Crypto Fraud Case
Block Bits Capital co-founder Japheth Dillman has been found guilty of wire fraud and conspiracy to commit wire fraud after prosecutors alleged that he and a co-conspirator misled more than 20 investors about an automated cryptocurrency trading system. The US Department of Justice said investors lost nearly $1 million. Dillman remains out on bond a...
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Term Finance Reports Estimated $8.5 Million Loss Following Governance Exploit
Term Finance has reported an estimated $8.5 million loss after an attacker exploited the governance controls of its strategy vaults. Security firms said the hacker gained enough voting power to pass proposals that enabled control of the vaults, draining Ether and stablecoins. Term has halted its Meta Vaults while it works with external security exp...
-
Bybit Says It Prevented Over $700 Million in Losses After $1.46 Billion Hack
Bybit says its security systems prevented more than $700 million (roughly Rs. 6,699 crore) in potential losses during the first half of 2026. The exchange blocked over 30,000 suspicious withdrawals and identified around $212 million (roughly Rs. 2,029 crore) in potentially fraudulent funds. The measures follow the $1.46 billion (roughly Rs. 13,978 ...
-
Maya Protocol Loses $11 Million in Pool Value After Exploit Drains Bitcoin and Other Assets
Maya Protocol has halted its MAYAChain network after an exploit allowed an attacker to manipulate a liquidity pool and withdraw Bitcoin and other crypto assets. The protocol said six software bugs were required to execute the attack, which created a false balance of nearly 49 million CACAO in a pool that held only 168,000 CACAO. The attacker later ...
-
BitBox Patches Security Flaws That Could Expose Wallets to Malicious Firmware
BitBox has released firmware updates to address two critical vulnerabilities affecting its hardware wallets. The first flaw involved memory corruption in unconfigured BitBox02 Multi and BitBox02 Nova devices and could potentially allow a malicious host to install compromised firmware. The second affected the wallet’s Silent Payments feature and c...
