Crypto Hacks Surge to $2.1 Billion in 2024, CeFi Takes Biggest Hit

▪︎Crypto hacks in 2024 have already hit $2.114 billion, surpassing all losses from 2023.

▪︎CeFi platforms saw a staggering 984% rise in hacks, while DeFi losses dropped 25%.

▪︎Cyvers helped mitigate further damage, highlighting the need for real-time defenses.
#CryptoHack #cefi #StaySafeInTheCryptoWorld

$409 Million Lost to Crypto Hacks in Q3 2024

The crypto space saw a staggering $409 million lost to hacks and exploits in the third quarter of 2024 alone! This highlights the importance of securing your assets—especially when using decentralized platforms.

💭 Takeaway: Stay safe by using reputable exchanges like Binance and always use two-factor authentication (2FA). Hackers are lurking, but you can protect yourself!
#CryptoHack #StaySafeInTheCryptoWorld

🚨 JUST IN: #OnyxDAO $XCN reportedly hacked for $1.5m
Source: PeckShield
#XCN #HackerAlert #CryptoHack #TrendingTopic

Notorious North Korean hacking entity, the Lazarus Group, is suspected to be the face behind the Poloniex hacking incident that saw more than $100 million siphoned.
#Crypto #CryptoHack #CryptoNews🔒📰🚫

🔐 Bitcoin User Reports Hack After Record $3 Million Transaction Fee

In an unprecedented turn of events, a Bitcoin user has come forward, claiming to be the victim of a hack linked to the recent record-breaking $3.1 million transaction fee. Here are the key details:

💸 The High-Stakes Transaction:

Last week, a Bitcoin user unintentionally paid a staggering 83.65 BTC transaction fee, shattering previous records and raising eyebrows in the crypto community. This incident surpassed the previous record fee of $500,000 paid in September.

🕵️ The Victim's Account:

The alleged victim, operating under the moniker "@83_5BTC," created a new account to share their side of the story. Claiming ownership of the funds involved, they detailed a suspicious transfer of 139 BTC from a new cold wallet, promptly moved to another address. The user speculated that a script with an unusual fee calculation might have been at play.

To substantiate their claim, "@83_5BTC" signed a message declaring ownership of the funds that paid the exorbitant fee. The signature was verified by notable figures in the crypto space, including Mononaut and Jameson Lopp. However, the caveat remains – if the wallet is compromised, the message could have been signed by an attacker.

⚖️ Uncharted Territory: Seeking Resolution:
The transaction, mined by AntPool, has raised questions about potential reimbursement similar to the "fat finger" incident in September. The mining pool, AntPool, would need to establish a way to verify the victim's identity if a reimbursement agreement is considered.

🔗 Stay Connected with The Blockopedia for Real-time Crypto Updates!

#CryptoHack #BTC/Update: #crypto #cryptocurrency #crypto2023

🔐📉 Kronos Research, a Taiwanese cryptocurrency company, faces a $26 million hacking incident involving unauthorized API key access, temporarily impacting cryptocurrency liquidity provider Woo Network (WOO) and resulting in the theft of over 12,000 Ethereum. Kronos Research acknowledges the security breach, suspends transactions, and initiates an internal investigation, pledging to compensate for all losses without harm to partners. 🚫💼💰 #KronosResearch #CryptoHack #SecurityBreach #Compensation

🕵️ KyberSwap hacker's address identified! 💻🔍 1,000 ETH transferred to Tornado Cash; Security firm Pecshield deals with $48.8M hack damage. 💰🔒 #CyberSecurity #CryptoHack

🕵️‍♂️ Hacker of KyberSwap, part of Kyber Network (KNC), sends message via Ethereum transaction: "Stolen funds to be returned on Nov 30." Negotiations with the project continue; $47M stolen, $4.67M already returned. 🛡️💼 #KyberSwap #CryptoHack #SecurityUpdate

🚨💥 _Crypto Crime Crackdown!_ 🤯

_Binance Freezes $5M in Stolen Funds from BtcTurk Hack!_ ❄️

_Turkish Exchange Hit by $54M Heist, Binance Steps In_ 📊

_Frozen Assets Part of Efforts to Recover Loot and Limit Hack's Damage_ 💪

_Crypto Community Cheers Binance's Quick Action!_ 🙌
_Hope for Victims of BtcTurk Hack!_ 💡
Feel Free to Reach out us 👉TG@ItxAP117
For signals📶🚦
#Binance #BtcTurk #CryptoHack #StolenFunds #apCryptoCalls
$BTC

What do you think is the biggest takeaway from the WazirX hack incident?

#CryptoHack #WazirX #CryptoSecurity #Blockchain #Cryptocurrency

Binance Under Siege: $22M Hack—Inside Job or Sophisticated Cybercrime? 🚀

A dark day for the crypto world. Binance, the largest crypto exchange, has been rocked by a massive $22 million hack, leading to service suspensions and widespread chaos. 💥

Is this breach the work of a global cybercrime syndicate, or could it be a shocking betrayal from within? 🤯 The incident mirrors past breaches like the WazirX hack, raising serious questions about the safety of digital assets.

The crypto community is demanding accountability, transparency, and stronger security measures. The stakes have never been higher. As we work to uncover the truth, your security remains our top priority.

Stay tuned for updates.

#Binance #CryptoHack #CyberAttack #BlockchainSecurity

🚨 #Crypto hacks decreased by 54.2% in June compared to May, with losses totaling $176 million.
This drop follows a peak in May when $385 million was lost. The #BtcTurk exchange experienced the largest single hack, losing over $100 million.

#CryptoHack #cryptohacks #TrendingTopic

#Write2earn NORMIE Token Plunges 99% After Exploit: Recovery Efforts Underway
#NORMIE #CryptoHack #Basememecoin #BASE

The highly awaited NORMIE token faced a catastrophic collapse, plunging 99% on Sunday due to an exploit. Attackers manipulated the token's supply, draining its liquidity pools.

Exploit Fallout:

Blockchain analysts identified the attack, which saw the token's supply inflated beyond its intended limit of 1 billion. These extra tokens were swiftly converted to ether, compounding the damage.

Unexpected Offer:

In a twist, the attacker proposed returning 90% of the stolen funds for a project relaunch. The condition: the remaining funds would serve as a bug bounty. Developers, reeling from the loss, accepted this unconventional offer.

Attacker's Critique:

The attacker criticized NORMIE's contract code as rushed and lacking thorough review. They hinted at widespread flaws in similar token contracts, suggesting developers may have overlooked critical issues.

Pre-Exploit Glory:

Before the exploit, NORMIE boasted a $40 million market cap and nearly 90,000 holders, drawing inspiration from the popular Pepe the Frog character.

Post-Exploit Fallout:

NORMIE's market cap nosedived to $700, leaving investors with staggering losses. One investor saw their $1.6 million investment dwindle to a mere $150, highlighting the severity of the attack.

Awaiting Redemption:

With trading suspended, stakeholders anxiously await updates on NORMIE's future as investigations continue and developers strive to relaunch the project.

BREAKING: Major Crypto Exchange Hacked! Millions Stolen, Are You Safe?

Fellow crypto enthusiasts, brace yourselves. A major exchange has been breached, leaving millions of users staring at empty wallets. This isn't just another headline - it's a stark reminder that your hard-earned crypto is at risk.

The feeling right now? Devastating. Imagine the sinking feeling, the anger, the worry. It's times like these that the dream of financial freedom feels more fragile than ever. But fear not, knowledge is power!

Here's the reality:

▪︎Hackers are relentless: They exploit vulnerabilities, target weaknesses, and prey on unsuspecting users. This attack exposes the security gaps that still plague the industry.
▪︎Vigilance is crucial: Strong passwords, two-factor authentication, and secure storage are your first lines of defense. Don't let complacency be your downfall!
▪︎The industry needs to step up: Exchanges must prioritize robust security measures and transparency to rebuild trust. We deserve better.

This isn't the end, but it's a wake-up call. Let's use this as an opportunity to educate ourselves, demand better security, and hold exchanges accountable.

Stay informed, stay vigilant, and never stop securing your crypto! Share this post, spread awareness, and let's build a stronger, safer crypto future together.

P.S. Want to learn more about protecting your crypto? Check out Binance Risk Sniper

Remember, your crypto is your responsibility. Be smart, be safe, and be empowered.
#Write2Earn #cryptohacks #CryptoHack #CryptoSecurity #CryptoSafety

🚨 Urgent Alert: North Korean Hackers Pilfer $600 Million in Cryptocurrency!💻

Disturbing reports reveal that the Democratic People’s Republic of Korea (DPRK) has executed massive cryptocurrency heists, stealing nearly $600 million in 2023 alone. 😱 If confirmed, recent cyberattacks in the year's final days could escalate the total to a staggering $700 million.

1. DPRK's Crypto Heists: A Chilling Overview

Within two years, the DPRK has seized over $1.5 billion in cryptocurrency, showcasing a significant reduction (30%) compared to 2022. However, their impact remains ten times more severe than standard cyberattacks, underscoring the gravity of the situation. 🕵️‍♂️💸

2. Cyber Warfare Tactics Unveiled

Reports from Cyber Security News unveil the DPRK's sophisticated attack vectors. They compromise victims by hijacking private keys and seed phrases, critical security elements for digital wallets. Once control is established, illicit funds are swiftly transferred to DPRK-controlled wallet addresses, exchanged for USDT or Tron, and laundered through high-volume OTC brokers.

💼 Money Laundering Evolution: Staying One Step Ahead

The DPRK's money laundering methods continually evolve to outsmart international law enforcement. Initially using Tornado Cash and ChipMixer for anonymity, they've now shifted to BTC service Sinbad, sanctioned by the OFAC in November 2023. This notorious threat group demands vigilant monitoring, with a high probability of further attacks in 2024.

🛡️ Stay Informed, Stay Protected: Guard Against DPRK Threats!

As the DPRK threat looms large, ensure your digital assets are secure. Stay informed on evolving cyber tactics and protect your investments. The crypto landscape demands heightened vigilance in the face of such sophisticated adversaries.

🌐 For comprehensive crypto security insights, follow The Blockopedia!

#cryptohacks #CryptoHack #CryptoScamAlert #cryptocurency #crypto2024

Massive $128 Million Hack Shakes Crypto Exchange

$BTC $ETH
FixedFloat, an automated cryptocurrency exchange, suffered a significant security breach, losing $128 million in Bitcoin and Ethereum. Despite the massive loss, the exchange assured that customer funds remain secure, attributing the financial hit solely to its service. The hack, quickly executed by cybercriminals, has sparked urgent investigations and a temporary shutdown of FixedFloat's online presence.

#write2earn #CryptoHack #FixedFloat

🟢How to protect your wallet from hacking?

🌞We previously discussed the importance of security in the crypto market. Now we will share information on how you can check the security of your wallet and reduce the risk of it being hacked. Several platforms will help us with this.

🌞1. De.Fi - using this service, you can check the balance of your wallet on all available networks. In addition, you can view contracts that were previously signed on various dubious sites and cancel signed transactions to protect yourself from hacking on these same platforms.

🌞2. Revoke. cash is a similar service that allows you to cancel signed transactions on your wallet and sometimes provides more detailed information than De.Fi.

❓ Why cancel signed transactions?

🌞When you sign a transaction on any DeFi platform, you automatically put your wallet at risk. If such a platform is hacked, attackers will likely target users who have previously used it.

🌞There have been numerous cases where people who were using a "trusted" decentralized exchange a few years ago found themselves hacked and lost their money without any chance of getting it back. Based on this, we recommend that you cancel all “dubious” approvals and sleep peacefull

#CryptoHack #CryptoNews🔒📰🚫

🚨 Major Crypto Hack: FixedFloat Platform Loses $26 Million

A significant hack has hit the FixedFloat platform, resulting in the theft of approximately $26 million worth of cryptocurrencies. The breach involved the unauthorized transfer of around 1,728 ETH and 409 BTC. The attack's method remains unclear, with possibilities ranging from phishing attempts to social engineering scams. Investigations are ongoing to trace and recover the stolen funds.
Stay tuned for more updates on this developing story. $BTC $ETH


#CryptoHack #FixedFloat #Ethereum #Bitcoin