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CRYPTOCURRENCY

Indodax Hacked: $22 Million Stolen in Major Security Breach
cryptocurrency

Indodax Hacked: $22 Million Stolen in Major Security Breach

Indodax, Indonesia's largest crypto exchange, was hacked for $22 million, leading to service shutdowns and raising concerns about security in the crypto industry.

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash
cryptocurrency

Lazarus Group Circumvents Sanctions, Launders $12M Via Tornado Cash

North Korea's Lazarus Group has reportedly resumed laundering stolen cryptocurrency through Tornado Cash, circumventing international sanctions.

Enhancing AI's Operational Efficiency: Breakthroughs from Microsoft Research and Peking University
cryptocurrency

Enhancing AI's Operational Efficiency: Breakthroughs from Microsoft Research and Peking University

Researchers from Microsoft Research and Peking University have developed groundbreaking methods to enhance LLMs' ability to follow complex instructions and generate high-quality graphic designs, showcasing significant advancements in AI operational efficiency.

North Korea Notorious Lazarus Group Moves 27.371 Bitcoins
cryptocurrency

North Korea Notorious Lazarus Group Moves 27.371 Bitcoins

North Korean Lazarus Group's recent Bitcoin transactions, involving over $1.2 million, raise speculations about their next cyber moves and highlight ongoing security challenges in the cryptocurrency sector.

Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
cryptocurrency

Cross-Chain Crime Hits $7B: North Korean Ties Unveiled

The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.

Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report
cryptocurrency

Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report

The Q3 2023 Global Web3 Security Report, jointly initiated by Beosin and SUSS NiFT, reveals a concerning escalation in the Web3 security landscape. The report shows that losses from hacks, phishing scams, and rug pulls reached $889.26M in Q3 2023, exceeding the combined losses of the first two quarters. The report also highlights the increasing threat posed by North Korea's Lazarus group.

Exclusive Interview With Agoric Director of Developer Relations
cryptocurrency

Exclusive Interview With Agoric Director of Developer Relations

Agoric is a Layer 1 Proof-of-Stake public blockchain and smart contract platform, empowering over 14 million JavaScript developers to pioneer Web3. It offers a component library, in-depth guides, tutorials, career growth opportunities, and decentralized finance. Agoric also provides regular developer office hours, technical support, and boot camps.

Binance Introduces Zero Maker Fee for ARS, BRL and ZAR
cryptocurrency

Binance Introduces Zero Maker Fee for ARS, BRL and ZAR

Binance has launched a zero maker fee promotion for spot trading pairs involving Argentine Peso, Brazilian Real, and South African Rand. The promotion will be in effect from September 8, 2023, until further notice. The promotion aims to attract traders interested in these currency pairs and contribute to the exchange's market expansion.

Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC
cryptocurrency

Blazar Token Scam: Former New Jersey Corrections Officer Charged by SEC

Former New Jersey State Correctional Police Officer John A. DeSalvo has been charged with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security. The token, which collapsed in May 2022, was marketed as a replacement for state pension systems. DeSalvo misused investor funds, transferring a large portion to his personal wallets.

FBI Monitors North Korea's Lazarus Group in Major Cryptocurrency Heist
cryptocurrency

FBI Monitors North Korea's Lazarus Group in Major Cryptocurrency Heist

The FBI is monitoring cryptocurrency theft by DPRK's TraderTraitor-affiliated actors, including Lazarus Group and APT38. The agency suspects the DPRK might liquidate over $40 million worth of bitcoin. The FBI advises companies to scrutinize blockchain data and remain cautious about transactions associated with these addresses.

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