Daily Crypto News & Musings

Latest News and Articles about Cybersecurity

Animoca Brands CEO’s X Account Hack Highlights Crypto Security Risks

Animoca Brands CEO’s X Account Hacked: A Wake-Up Call for the Crypto World Yat Siu, CEO of Animoca Brands, recently became the target of cybercriminals who hacked his X account. This incident serves as a stark reminder of the escalating digital scams plaguing the cryptocurrency sector. The hackers used his account to promote fraudulent tokens […]

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North Korean Hackers “TraderTraitor” Behind $308M DMM Crypto Exchange Heist

Unmasking the Heist: North Korean Hackers Behind DMM Crypto Exchange Theft Federal agencies have unmasked a sophisticated operation that led to a $308 million theft from Japan’s DMM exchange. The culprit? A notorious North Korean group known as “TraderTraitor,” executing the heist with alarming precision. This incident exposes significant vulnerabilities in cryptocurrency security, underlining the […]

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Hyperliquid Labs Faces North Korean Hacking Allegations Amid Market Turmoil

Hyperliquid Labs and the North Korean Allegations: Unpacking the Controversy In a climate of increasing cyber threats, Hyperliquid Labs recently became embroiled in a controversy involving alleged wallet activities linked to North Korean hackers. These claims, spotlighted by security expert Taylor Monahan, have put the on-chain perpetual futures exchange under intense scrutiny. Though the company […]

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Vivek Ramaswamy’s X Account Hacked: Fake DOGE-USUAL Partnership Exposed

Cryptocurrency Hoax: Vivek Ramaswamy’s X Account Compromised Vivek Ramaswamy’s account on X, formerly known as Twitter, was hacked, misleading the public about a fictional partnership between the Department of Government Efficiency (DOGE) and the stablecoin project USUAL. This fabricated announcement falsely claimed that the collaboration aimed to utilize cryptocurrencies to tackle the federal fiscal deficit. […]

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Crypto Platforms Lose $2.2 Billion to Hacks in 2024; North Korean Hackers Behind 61% of Thefts

Crypto Platforms Suffer $2.2 Billion in Losses Due to Hacks in 2024 Chainalysis, a prominent blockchain data analysis firm, reports that cryptocurrency platforms experienced a colossal $2.2 billion in losses from hacks in 2024. This marks a concerning 21.07% hike from the previous year, highlighting an ongoing battle with cybercrime in the cryptocurrency sector. 2024 […]

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