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Tag: crypto theft

ETH Whale Transfers 649K ETH off Bitfinex: Etherscan Reports

640K ETH had been transferred off Bitfinex 2 by an ETH whale. The transfer indicates the whale’s strategy to escape from the risk of...

Reversible transactions could mitigate crypto theft — Researchers

Stanford University researchers have come up with a prototype for “reversible transactions” on Ethereum, arguing it could be a solution to reduce the impact...

Cryptojacking: Deadly Malware or Minor Annoyance?

There’s a good chance you’ve mined crypto at least once in your life. And no, I’m not talking about those big mining rigs people set up...

Chainanalysis: 2021 Crypto Bull Market made Cyber Criminals Richer

93% of the funds in criminals’ crypto wallets were made up of stolen coins worth $9.8 billion.

The post Chainanalysis: 2021 Crypto Bull Market made Cyber Criminals Richer appeared first on BitPinas.

North Korea reportedly increased its large-scale crypto theft by 40% in 2021.

According to The Korea Herald report, North Korean state-sponsored cryptocurrency theft and money laundering have continued on a “massive scale” to generate illicit funds, while the total amount of stolen cryptocurrency jumped 40 percent just last year. North Korea-affiliated hackers launched “at least seven attacks on cryptocurrency platforms that extracted nearly $400 million worth of […]

Boost Insurance unveils product covering against crypto theft from qualified custodians

Boost Insurance, an insurance infrastructure-as-a-service platform, alongside go-to-market partner, Breach Insurance, a company that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, an insurance product for cryptocurrency available to retail wallet holders. Crypto Shield covers the theft of cryptocurrency while in the custody of a […]

The post Boost Insurance unveils product covering against crypto theft from qualified custodians appeared first on CryptoNinjas.

North Korea fires back at US for stealing funds and committing underhanded cybercrimes.

North Korea accused the US of stealing funds and committing underhanded cybercrime just days after the United Nations accused Pyongyang of conducting cyberattacks on crypto exchanges across countries. According to North Korean officials, the US is a “hacking king, a wire-tapping regime and an expert in covert theft.” North Korea had been accused of stealing […]

Crypto Thefts Remain Key Revenue Source For North Korea

Crypto thefts remain a key revenue source for North Korea this year as well as the last one so let’s read more about it in today’s latest cryptocurrency news. Cyber attacks on the crypto exchange have been a huge source of funds for North Korea as per the United Nations report so according to the […]

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