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In one of the most significant incidents of crypto theft, a North Korea-affiliated hack targeted the Japanese cryptocurrency exchange DMM Bitcoin. The attack led to the theft of around 4,502.9 ...
The theft involved the hackers using social engineering tactics to impersonate a recruiter on LinkedIn and send a malicious pre-employment test to an employee at a crypto wallet software company. This allowed them to compromise the employee's system and manipulate a legitimate transaction request from DMM, resulting in the loss of 4,502.9 Bitcoin .
"The 150% increase in crypto theft and fraud reflects how criminals are adapting for bigger and better scores," Dave Jevans, CipherTrace chief executive officer, told Reuters. ... Cryptocurrency ...
Tom Robinson, chief scientist and co-founder of the crypto research firm Elliptic, said that if DMM's loss turned out to be theft, it would be the eighth largest crypto theft of all time, based on ...
On 18 July 2024, $234.9 million worth of crypto assets have been taken out of the exchange and sent to a new address by North Korean hackers belonging to Lazarus Group. [ 4 ] [ 5 ] Modus operandi
The Bitfinex cryptocurrency exchange was hacked in August 2016. [1] 119,756 bitcoin, worth about US$72 million at the time, was stolen.[1]In February 2022, the US government recovered and seized a portion of the stolen bitcoin, then worth US$3.6 billion, [2] by decrypting a file owned by Ilya Lichtenstein that contained addresses and private keys associated with the stolen funds. [3]
More than $14.5 billion in crypto has been lost to hacks and scams since 2011. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
In January 2019, Cryptopia was the target of a high-profile theft resulting in the loss of approximately 10% of its cryptocurrency assets, then worth NZ$24M. The incident has been described as one of the biggest thefts in New Zealand history, and was widely reported by media outlets in New Zealand and cryptocurrency news outlets internationally.