Crypto Scam
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Polymarket Reports $2.9 Million Theft, Says Customers Will Be Refunded
Prediction market platform Polymarket has confirmed that users affected by a phishing attack stemming from a compromised third-party vendor will be fully refunded. Blockchain analyst Specter estimated that attackers stole nearly $2.94 million worth of cryptocurrency from at least 11 wallets after a malicious script was injected into the platform's ...
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THORChain Resumes Operations Weeks After $10 Million Exploit
THORChain has resumed full network operations after spending more than a month recovering from a $10.7 million exploit. The protocol said trading, swaps, signing, and liquidity provider functions have been restored following a series of security checks and upgrades. THORChain also completed keyshare verification for all nodes and used the KeyVerify...
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Crypto Sector Sees Record 83 Hacks in Q2 2026, Most-Exploited Quarter to Date: Report
The second quarter of 2026 has become the most exploited quarter in crypto history by the number of incidents, with 83 hacks recorded across the industry. According to data analysed by Unfolded and DefiLlama, losses have reached $755.3 million so far, led by the KelpDAO and Drift Protocol exploits. While total losses remain below previous record hi...
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Taiko Urges Users to Move Funds Following $1.7 Million Bridge Exploit
Ethereum layer-2 network Taiko has advised users to withdraw funds from all bridges deployed on its ecosystem after a bridge exploit resulted in losses of up to $1.7 million. The incident, linked to a flaw in the chain state verification mechanism, prompted the protocol to suspend affected systems and work with partners to contain the breach. Secur...
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Secret Network Bridge Suffers $4.7 Million Exploit Due to Infinite Mint Bug
Secret Network has suffered a $4.67 million exploit after attackers abused an infinite mint vulnerability in a smart contract linked to Axelar-wrapped assets. The flaw allowed the creation of unbacked tokens, which were later redeemed for genuine assets held in escrow. The incident went undetected for nearly a week before being discovered following...
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Aztec Hit With Second Security Breach, Days After Hackers Used Exploit to Steal $2.19 Million
Aztec has suffered a second security breach in under a week, with attackers exploiting a legacy bridge linked to its private rollup infrastructure and stealing more than $2.1 million in crypto assets. Aztec Labs said the attack affected an immutable smart contract tied to a discontinued product launched in 2022 and was unrelated to the earlier expl...
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Authorities Shut $390 Million Crypto Money-Laundering Scheme in International Sting Operation
An international law enforcement operation spanning 11 countries has dismantled AudiA6, a cryptocurrency money-laundering network accused of processing more than $390 million between 2022 and 2025. The crackdown resulted in arrests, asset seizures, and the freezing of cryptocurrency.
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Chinese Court Classifies Bitcoin as Property in Case Involving 107 BTC Theft
A court in Qingdao, China, sentenced a man for stealing 107 Bitcoin after he reconstructed a victim’s wallet seed phrase. Prosecutors argued that Bitcoin qualifies as property, a position that played a central role in the case.
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FIFA World Cup 2026: LASD Issues Warning Over Crypto Scams Days Ahead of World Cup
The Los Angeles County Sheriff’s Department has warned football fans about a rise in FIFA World Cup-related crypto scams. Authorities say cybercriminals are using fake websites, advertisements, and payment requests to target fans seeking tickets, merchandise, and streaming services.
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US DoJ Targets Scam Networks in Southeast Asia, Freezes $3 Million in Joint Operation Involving Coinbase, Meta, Microsoft and Starlink
Coinbase has frozen over $3 million in crypto assets linked to scam networks operating in Southeast Asia. The operation involved Meta, Microsoft, Starlink, law enforcement agencies, and international partners, leading to arrests, account removals, and infrastructure takedowns.
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Kelp DAO Completes Recovery of Restaked Ether Token Following Major Hack
Ethereum liquid staking protocol Kelp DAO has completed the restoration of its rsETH token after suffering a $293 million exploit linked to North Korea’s Lazarus Group. The recovery effort involved multiple DeFi protocols under the “DeFi United” initiative to rebuild rsETH backing and restore cross-chain operations.
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Echo Protocol Exploit Sees Hacker Mint Unauthorised eBTC Worth $76.7 Million
Echo Protocol suffered a major exploit after a hacker minted nearly 1,000 unauthorised eBTC worth $76.7 million. The attacker later bridged assets to Ethereum and routed part of the funds through Tornado Cash, while the protocol team said it had regained control of the compromised admin key.
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Verus Ethereum Bridge Reportedly Suffers from $11.5 Million DeFi Hack
Verus Protocol’s Ethereum bridge was reportedly exploited after an attacker used a fake cross-chain transfer message to move over $11.5 million in crypto assets. Blockchain security firms said the funds were later swapped for Ether.
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Kelp DAO Migrates rsETH to Chainlink After $292 Million Hack as Dispute With LayerZero Intensifies
Kelp DAO plans to migrate rsETH to Chainlink following the $292 million exploit tied to its LayerZero-powered infrastructure. The move comes as tensions between Kelp DAO and LayerZero continue over the cause of the breach and security setup.
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US Law Firm Seeks to Halt Transfer of Frozen ETH From Kelp Exploit
A US law firm has moved to halt the transfer of frozen Ether linked to the Kelp exploit, arguing that the assets may qualify as DPRK property. The development could delay recovery efforts aimed at compensating affected rsETH holders.
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Polymarket Reports $2.9 Million Theft, Says Customers Will Be Refunded
Prediction market platform Polymarket has confirmed that users affected by a phishing attack stemming from a compromised third-party vendor will be fully refunded. Blockchain analyst Specter estimated that attackers stole nearly $2.94 million worth of cryptocurrency from at least 11 wallets after a malicious script was injected into the platform's ...
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THORChain Resumes Operations Weeks After $10 Million Exploit
THORChain has resumed full network operations after spending more than a month recovering from a $10.7 million exploit. The protocol said trading, swaps, signing, and liquidity provider functions have been restored following a series of security checks and upgrades. THORChain also completed keyshare verification for all nodes and used the KeyVerify...
-
Crypto Sector Sees Record 83 Hacks in Q2 2026, Most-Exploited Quarter to Date: Report
The second quarter of 2026 has become the most exploited quarter in crypto history by the number of incidents, with 83 hacks recorded across the industry. According to data analysed by Unfolded and DefiLlama, losses have reached $755.3 million so far, led by the KelpDAO and Drift Protocol exploits. While total losses remain below previous record hi...
-
Taiko Urges Users to Move Funds Following $1.7 Million Bridge Exploit
Ethereum layer-2 network Taiko has advised users to withdraw funds from all bridges deployed on its ecosystem after a bridge exploit resulted in losses of up to $1.7 million. The incident, linked to a flaw in the chain state verification mechanism, prompted the protocol to suspend affected systems and work with partners to contain the breach. Secur...
-
Secret Network Bridge Suffers $4.7 Million Exploit Due to Infinite Mint Bug
Secret Network has suffered a $4.67 million exploit after attackers abused an infinite mint vulnerability in a smart contract linked to Axelar-wrapped assets. The flaw allowed the creation of unbacked tokens, which were later redeemed for genuine assets held in escrow. The incident went undetected for nearly a week before being discovered following...
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Aztec Hit With Second Security Breach, Days After Hackers Used Exploit to Steal $2.19 Million
Aztec has suffered a second security breach in under a week, with attackers exploiting a legacy bridge linked to its private rollup infrastructure and stealing more than $2.1 million in crypto assets. Aztec Labs said the attack affected an immutable smart contract tied to a discontinued product launched in 2022 and was unrelated to the earlier expl...
-
Authorities Shut $390 Million Crypto Money-Laundering Scheme in International Sting Operation
An international law enforcement operation spanning 11 countries has dismantled AudiA6, a cryptocurrency money-laundering network accused of processing more than $390 million between 2022 and 2025. The crackdown resulted in arrests, asset seizures, and the freezing of cryptocurrency.
-
Chinese Court Classifies Bitcoin as Property in Case Involving 107 BTC Theft
A court in Qingdao, China, sentenced a man for stealing 107 Bitcoin after he reconstructed a victim’s wallet seed phrase. Prosecutors argued that Bitcoin qualifies as property, a position that played a central role in the case.
-
FIFA World Cup 2026: LASD Issues Warning Over Crypto Scams Days Ahead of World Cup
The Los Angeles County Sheriff’s Department has warned football fans about a rise in FIFA World Cup-related crypto scams. Authorities say cybercriminals are using fake websites, advertisements, and payment requests to target fans seeking tickets, merchandise, and streaming services.
-
US DoJ Targets Scam Networks in Southeast Asia, Freezes $3 Million in Joint Operation Involving Coinbase, Meta, Microsoft and Starlink
Coinbase has frozen over $3 million in crypto assets linked to scam networks operating in Southeast Asia. The operation involved Meta, Microsoft, Starlink, law enforcement agencies, and international partners, leading to arrests, account removals, and infrastructure takedowns.
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Kelp DAO Completes Recovery of Restaked Ether Token Following Major Hack
Ethereum liquid staking protocol Kelp DAO has completed the restoration of its rsETH token after suffering a $293 million exploit linked to North Korea’s Lazarus Group. The recovery effort involved multiple DeFi protocols under the “DeFi United” initiative to rebuild rsETH backing and restore cross-chain operations.
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Echo Protocol Exploit Sees Hacker Mint Unauthorised eBTC Worth $76.7 Million
Echo Protocol suffered a major exploit after a hacker minted nearly 1,000 unauthorised eBTC worth $76.7 million. The attacker later bridged assets to Ethereum and routed part of the funds through Tornado Cash, while the protocol team said it had regained control of the compromised admin key.
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Verus Ethereum Bridge Reportedly Suffers from $11.5 Million DeFi Hack
Verus Protocol’s Ethereum bridge was reportedly exploited after an attacker used a fake cross-chain transfer message to move over $11.5 million in crypto assets. Blockchain security firms said the funds were later swapped for Ether.
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Kelp DAO Migrates rsETH to Chainlink After $292 Million Hack as Dispute With LayerZero Intensifies
Kelp DAO plans to migrate rsETH to Chainlink following the $292 million exploit tied to its LayerZero-powered infrastructure. The move comes as tensions between Kelp DAO and LayerZero continue over the cause of the breach and security setup.
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US Law Firm Seeks to Halt Transfer of Frozen ETH From Kelp Exploit
A US law firm has moved to halt the transfer of frozen Ether linked to the Kelp exploit, arguing that the assets may qualify as DPRK property. The development could delay recovery efforts aimed at compensating affected rsETH holders.
