Hackers transfer 2.09 million EOS after a blacklist update failure
Hackers managed to transfer 2.09 million EOS from a hacked account reportedly due to an alleged failed update by an EOS block producer.
Hackers managed to transfer 2.09 million EOS from a hacked account reportedly due to an alleged failed update by an EOS block producer.
Two men used fraud and extortion, targeting crypto investors and executives with their scheme.
Last year, Joel Ortiz was arrested in California for his supposed involvement in a SIM swap scam that saw more than $5 million in cryptocurrency stolen from the wallets of unsuspecting victims.
According to CipherTrace’s report, over $950 million in crypto was stolen by hackers – 3.6 times more than what was stolen the previous year.
Europol has nabbed a shyster from the UK who managed to steal approximately €10 million ($11.37 million) of the IOTA cryptocurrency.
An Icelandic man accused of stealing millions of dollars’ worth of crypto mining hardware has been sentenced to four years in prison for his alleged crimes.
A cryptocurrency scam in India that saw around $71.6 million stolen through a fake crypto offering early last year has now found a fourth accomplice arrested.
A small group of foreigners in Pasay City in the Philippines have been arrested after allegedly stealing almost $100,000 (five million pesos) worth of cryptocurrency.
Cryptocurrency thefts globally are expected to reach over $1 billion this year, about four times the recorded thefts last year.
The amount stolen this year was substantially larger than the equivalent figure recorded in 2017, with JPY60 billion stolen so far across 158 separate thefts in Japan alone.
Ten members of a gang have been arrested in Dubai, accused of carrying out a cryptocurrency heist that resulted in the theft of $1.9 million worth of BTC.
Authorities seized 600 computers and related hardware in Tianjin earlier this week, due to abnormally high electricity usage in the city, state media reported.