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SomeTradingGuy
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Ситуація з Echo Protocol ($ECHO ) у мережі Monad виглядає дуже тривожно. За даними ончейн-аналізу, зловмисник спочатку отримав контроль над приблизно 1 000 eBTC (~$76,6 млн), після чого частину коштів використав у Curvance: завів 45 eBTC і під це вивів 11,3 $WBTC . Далі все пішло за класичним сценарієм — перекидання активів в Ethereum, обмін у 385 ETH і відправка через Tornado Cash. Ринок відреагував миттєво: ECHO вже просів приблизно на 11%, і це, схоже, лише перша хвиля переоцінки ризиків. Найгірше в таких історіях навіть не сам факт експлойту, а втрата довіри. У DeFi ліквідність тримається не тільки на TVL чи красивих цифрах у dashboard, а на впевненості користувачів, що механіка протоколу не розсиплеться в один момент. Особисто мене найбільше насторожує маршрут коштів. Це не виглядає як “білий хак” або спроба домовитись із командою через баг-баунті. Навпаки — усе схоже на холодне та швидке виведення ліквідності з подальшим приховуванням слідів. #UkrainianContent #Hacked
Ситуація з Echo Protocol ($ECHO ) у мережі Monad виглядає дуже тривожно. За даними ончейн-аналізу, зловмисник спочатку отримав контроль над приблизно 1 000 eBTC (~$76,6 млн), після чого частину коштів використав у Curvance: завів 45 eBTC і під це вивів 11,3 $WBTC . Далі все пішло за класичним сценарієм — перекидання активів в Ethereum, обмін у 385 ETH і відправка через Tornado Cash.
Ринок відреагував миттєво: ECHO вже просів приблизно на 11%, і це, схоже, лише перша хвиля переоцінки ризиків. Найгірше в таких історіях навіть не сам факт експлойту, а втрата довіри. У DeFi ліквідність тримається не тільки на TVL чи красивих цифрах у dashboard, а на впевненості користувачів, що механіка протоколу не розсиплеться в один момент.
Особисто мене найбільше насторожує маршрут коштів. Це не виглядає як “білий хак” або спроба домовитись із командою через баг-баунті. Навпаки — усе схоже на холодне та швидке виведення ліквідності з подальшим приховуванням слідів.

#UkrainianContent #Hacked
Άρθρο
THORChain Hit Again: A $10.8M Exploit That Shouldn't Surprise AnyoneFriday, May 15, 2026, decentralized cross-chain liquidity protocol THORChain was exploited for approximately $10.8 million, with the attack spanning four separate blockchains simultaneously. A wallet labeled by Arkham as the THORChain exploiter showed $10.8 million in holdings, transferred across several smaller transactions in the 30 minutes before 10:11 AM UTC. Wallets linked to the attacker currently hold roughly 3,443 ETH, 36.85 BTC, and 96.6 BNB. The incident was first flagged by on-chain investigator ZachXBT on Telegram, prompting the protocol to immediately halt all trading and signing operations. $RUNE dropped over 6% after the initial alert, trading near $0.50, and ultimately fell around 13% following the suspected exploit, also now down 72% over the past year. As of this writing, THORChain has yet to publish a post-mortem identifying the specific attack vector {future}(RUNEUSDT) This is far from THORChain's first rodeo with exploits. Cross-chain bridges and liquidity protocols have historically been the most exploited category in DeFi, with over $2.8 billion in cumulative bridge-related theft since 2021 per Chainalysis. Today's breach is at least the third security incident for the protocol in recent years. The protocol's security troubles are compounded by its growing reputation as a conduit for illicit funds — the majority of the $1.4 billion stolen during the Bybit hack, or about $1.2 billion, was moved through THORChain by hackers, who swapped it from Ether to Bitcoin. Earlier in April, the attacker behind the $293 million Kelp DAO exploit swapped 75,700 ETH through THORChain, generating about $910,000 in revenue for the protocol itself. This creates a deeply uncomfortable reality: THORChain profits from crime, even when it isn't the direct target. Personally, this exploit is hard to be shocked by but it's still frustrating to watch. THORChain's core idea, native cross-chain swaps without bridges or centralized intermediaries, remains genuinely valuable and technically ambitious. Just weeks ago, the protocol burned 64.4 million RUNE and launched a major v3.17.0 network upgrade with over 100 improvements focused on security, swaps, and cross-chain reliability. There's clearly a committed team building here. But the pattern is becoming undeniable: every time THORChain gains momentum, a new exploit drags it back down. At some point, "decentralized" can't be an excuse for "insecure." The lack of a post-mortem hours after the attack is also telling transparency should be the first response, not an afterthought. If THORChain wants to be taken seriously as infrastructure for the broader DeFi ecosystem, it needs to treat security with the same urgency it treats innovation.$RIVER #VitalikMovesETHviaPrivacyPools I #SolanaTreasuryQ1SPSUp108 I #PredictionMarketRisingCompetition I #StriveQ1Results15009BTCHoldings I #Hacked

THORChain Hit Again: A $10.8M Exploit That Shouldn't Surprise Anyone

Friday, May 15, 2026, decentralized cross-chain liquidity protocol THORChain was exploited for approximately $10.8 million, with the attack spanning four separate blockchains simultaneously. A wallet labeled by Arkham as the THORChain exploiter showed $10.8 million in holdings, transferred across several smaller transactions in the 30 minutes before 10:11 AM UTC.
Wallets linked to the attacker currently hold roughly 3,443 ETH, 36.85 BTC, and 96.6 BNB. The incident was first flagged by on-chain investigator ZachXBT on Telegram, prompting the protocol to immediately halt all trading and signing operations. $RUNE dropped over 6% after the initial alert, trading near $0.50, and ultimately fell around 13% following the suspected exploit, also now down 72% over the past year. As of this writing, THORChain has yet to publish a post-mortem identifying the specific attack vector
This is far from THORChain's first rodeo with exploits. Cross-chain bridges and liquidity protocols have historically been the most exploited category in DeFi, with over $2.8 billion in cumulative bridge-related theft since 2021 per Chainalysis. Today's breach is at least the third security incident for the protocol in recent years. The protocol's security troubles are compounded by its growing reputation as a conduit for illicit funds — the majority of the $1.4 billion stolen during the Bybit hack, or about $1.2 billion, was moved through THORChain by hackers, who swapped it from Ether to Bitcoin. Earlier in April, the attacker behind the $293 million Kelp DAO exploit swapped 75,700 ETH through THORChain, generating about $910,000 in revenue for the protocol itself. This creates a deeply uncomfortable reality: THORChain profits from crime, even when it isn't the direct target. Personally, this exploit is hard to be shocked by but it's still frustrating to watch. THORChain's core idea, native cross-chain swaps without bridges or centralized intermediaries, remains genuinely valuable and technically ambitious.
Just weeks ago, the protocol burned 64.4 million RUNE and launched a major v3.17.0 network upgrade with over 100 improvements focused on security, swaps, and cross-chain reliability. There's clearly a committed team building here. But the pattern is becoming undeniable: every time THORChain gains momentum, a new exploit drags it back down. At some point, "decentralized" can't be an excuse for "insecure."
The lack of a post-mortem hours after the attack is also telling transparency should be the first response, not an afterthought. If THORChain wants to be taken seriously as infrastructure for the broader DeFi ecosystem, it needs to treat security with the same urgency it treats innovation.$RIVER
#VitalikMovesETHviaPrivacyPools I #SolanaTreasuryQ1SPSUp108 I #PredictionMarketRisingCompetition I #StriveQ1Results15009BTCHoldings I #Hacked
🚨OKX #SLAPS BACK AT JUSTIN SUN OVER #STOLEN FUNDS FREEZE DRAMA 🔹Tron’s X account #hacked ; malicious contract posted, DMs sent. 🔹Justin Sun claims OKX ignored a law enforcement freeze notice. 🔹OKX #CEO Star Xu denies receiving any such request—even checked spam folder. 🔹Xu: “We need legal process, not personal posts or oral requests.” 🔹OKX demands proof of request, while Sun deletes key posts. 🔹Part of ongoing trend of high-profile crypto X hacks (e.g., Kaito AI, Pump.fun). $TRX {spot}(TRXUSDT)
🚨OKX #SLAPS BACK AT JUSTIN SUN OVER #STOLEN FUNDS FREEZE DRAMA

🔹Tron’s X account #hacked ; malicious contract posted, DMs sent.

🔹Justin Sun claims OKX ignored a law enforcement freeze notice.

🔹OKX #CEO Star Xu denies receiving any such request—even checked spam folder.

🔹Xu: “We need legal process, not personal posts or oral requests.”

🔹OKX demands proof of request, while Sun deletes key posts.

🔹Part of ongoing trend of high-profile crypto X hacks (e.g., Kaito AI, Pump.fun).
$TRX
Άρθρο
Северная Корея легализует похищенную криптовалюту через Россию и Азию OOH Северокорейские хакеры с января 2024 года по сентябрь 2025-го похитили криптовалюту на $2,837 млрд. Большая часть средств легализуется через посредников в России, Гонконге и Камбодже, сообщили эксперты Многосторонней группы по мониторингу санкций в отношении КНДР (MSMT) при ООН. Главной целью хакеров из КНДР эксперты Организации Объединенных Наций назвали крупные централизованные криптобиржи. Киберпреступники наладили тесные контакты с российскими группировками, которые занимаются разработкой программ-вымогателей, заявили представители MSMT. В Северной Корее насчитывается не менее 2000 программистов, работающих удаленно под чужими именами в России, Лаосе, Камбодже и африканских странах. Они переводят свою зарплату на родину для финансирования военных программ, считают специалисты организации при ООН. Ситуация осложняется тем, что киберподразделения из Пхеньяна начали использовать искусственный интеллект практически на каждом этапе хищения криптовалюты: разведка, фишинг, анализ кода, кражи и отмывание похищенных цифровых монет. Используя модели, схожие с ChatGPT и Claude, злоумышленники анализируют открытый исходный код блокчейнов, находят уязвимости у криптобирж и переносят успешные методы взлома из одной экосистемы в другую, рассказали эксперты MSMT. По мнению специалистов ООН, без международного сотрудничества и создания единых стандартов кибербезопасности подобные схемы кражи виртуальных активов будут только шириться, угрожая не только крипторынку, но и глобальной финансовой стабильности. Ранее эксперты работающей в области кибербезопасности компании Elliptic заявили, что северокорейские хакеры за первые девять месяцев года похитили более $2 млрд в криптовалютах. Это рекорд за всю историю наблюдений. Доля биткоинов в этом объеме могла составить от 20% до 35%. $BTC #Hacked $BTC {spot}(BTCUSDT)

Северная Корея легализует похищенную криптовалюту через Россию и Азию OOH

Северокорейские хакеры с января 2024 года по сентябрь 2025-го похитили криптовалюту на $2,837 млрд. Большая часть средств легализуется через посредников в России, Гонконге и Камбодже, сообщили эксперты Многосторонней группы по мониторингу санкций в отношении КНДР (MSMT) при ООН.
Главной целью хакеров из КНДР эксперты Организации Объединенных Наций назвали крупные централизованные криптобиржи. Киберпреступники наладили тесные контакты с российскими группировками, которые занимаются разработкой программ-вымогателей, заявили представители MSMT.
В Северной Корее насчитывается не менее 2000 программистов, работающих удаленно под чужими именами в России, Лаосе, Камбодже и африканских странах. Они переводят свою зарплату на родину для финансирования военных программ, считают специалисты организации при ООН.
Ситуация осложняется тем, что киберподразделения из Пхеньяна начали использовать искусственный интеллект практически на каждом этапе хищения криптовалюты: разведка, фишинг, анализ кода, кражи и отмывание похищенных цифровых монет. Используя модели, схожие с ChatGPT и Claude, злоумышленники анализируют открытый исходный код блокчейнов, находят уязвимости у криптобирж и переносят успешные методы взлома из одной экосистемы в другую, рассказали эксперты MSMT.
По мнению специалистов ООН, без международного сотрудничества и создания единых стандартов кибербезопасности подобные схемы кражи виртуальных активов будут только шириться, угрожая не только крипторынку, но и глобальной финансовой стабильности.
Ранее эксперты работающей в области кибербезопасности компании Elliptic заявили, что северокорейские хакеры за первые девять месяцев года похитили более $2 млрд в криптовалютах. Это рекорд за всю историю наблюдений. Доля биткоинов в этом объеме могла составить от 20% до 35%.
$BTC #Hacked $BTC
🚨 Chinese hackers hijacked a Dalai Lama birthday tribute site to spy on Tibetans. Victims downloaded a fake encrypted chat app—actually a backdoored version of Element laced with Gh0st RAT. It stole IPs, keystrokes, and even webcam feeds. CheckDot is SAFU #dyor on CheckDot. #Hacked
🚨 Chinese hackers hijacked a Dalai Lama birthday tribute site to spy on Tibetans.

Victims downloaded a fake encrypted chat app—actually a backdoored version of Element laced with Gh0st RAT.

It stole IPs, keystrokes, and even webcam feeds.

CheckDot is SAFU #dyor on CheckDot.

#Hacked
ByBit hack confirmed by its founder? 🤯📈 Keep your funds safe folks! #Hacked #Bybit
ByBit hack confirmed by its founder? 🤯📈

Keep your funds safe folks!

#Hacked #Bybit
👾The DAO Hack👾 – When Ethereum Split in Two Back in 2016, the Ethereum community was riding high. The DAO—short for Decentralized Autonomous Organization—was one of the biggest experiments in crypto history. A community-run investment fund. No CEOs. No banks. Just code. Investors poured over $150 million in ETH into it. It was revolutionary. And then… disaster. A hacker exploited a vulnerability in the DAO smart contract and drained around $60 million in ETH. The Ethereum network itself wasn’t hacked—the DAO contract was flawed. But that was enough to send shockwaves through the ecosystem. Here’s the problem: blockchains are immutable. You can’t undo transactions. Unless… you fork the chain. The Ethereum community split in two. One side created a new version of Ethereum ($ETH ) by reversing the hack. The other side refused, sticking to the original “code is law” philosophy—thus creating Ethereum Classic (ETC). What does this teach us? Technology is one thing. Values are another. You can have the smartest code in the world, but it won’t make the hard moral decisions for you. #Hacked #ETH
👾The DAO Hack👾 – When Ethereum Split in Two

Back in 2016, the Ethereum community was riding high. The DAO—short for Decentralized Autonomous Organization—was one of the biggest experiments in crypto history. A community-run investment fund. No CEOs. No banks. Just code.

Investors poured over $150 million in ETH into it. It was revolutionary.

And then… disaster.

A hacker exploited a vulnerability in the DAO smart contract and drained around $60 million in ETH. The Ethereum network itself wasn’t hacked—the DAO contract was flawed. But that was enough to send shockwaves through the ecosystem.

Here’s the problem: blockchains are immutable. You can’t undo transactions. Unless… you fork the chain.

The Ethereum community split in two. One side created a new version of Ethereum ($ETH ) by reversing the hack. The other side refused, sticking to the original “code is law” philosophy—thus creating Ethereum Classic (ETC).

What does this teach us?
Technology is one thing. Values are another.
You can have the smartest code in the world, but it won’t make the hard moral decisions for you.
#Hacked #ETH
AiXBT Hacked! $100K Ethereum Stolen – Is Your Crypto Safe? AiXBT Security Breach: AI Crypto Trading System Hacked, $100,000 in Ethereum Stolen On March 18, 2025, the AI-powered crypto trading platform AiXBT suffered a major security breach, resulting in the theft of 55.5 Ethereum (around $104,000). Following the attack, AiXBT's token price dropped by 6%, raising concerns about the security of AI-based trading platforms. (Source) How the Attack Happened Hacker Strategy: The attacker, identified as "FungusMan," exploited AiXBT’s secure dashboard and manipulated the AI into approving two fake transactions, resulting in the loss of 55.5 ETH. Impact on Investors: Although AiXBT’s core trading system remained safe, investor confidence was shaken, causing a significant drop in AiXBT token value. AiXBT’s Response After detecting the breach, AiXBT took immediate action: ✔ Blocked the compromised access ✔ Reported the hacker’s wallet address ✔ Initiated a server migration to prevent future attacks Key Takeaways for Investors This incident highlights the risks of AI-driven trading systems and the importance of robust security measures. Investors should thoroughly research platform security before trusting AI-based financial services. 🔗 Read the full article here: Invezz #AiXBTSecurityBreach #Hacked #AIXBTGrowth $AIXBT {spot}(AIXBTUSDT)
AiXBT Hacked! $100K Ethereum Stolen – Is Your Crypto Safe?

AiXBT Security Breach: AI Crypto Trading System Hacked, $100,000 in Ethereum Stolen

On March 18, 2025, the AI-powered crypto trading platform AiXBT suffered a major security breach, resulting in the theft of 55.5 Ethereum (around $104,000). Following the attack, AiXBT's token price dropped by 6%, raising concerns about the security of AI-based trading platforms. (Source)

How the Attack Happened

Hacker Strategy: The attacker, identified as "FungusMan," exploited AiXBT’s secure dashboard and manipulated the AI into approving two fake transactions, resulting in the loss of 55.5 ETH.

Impact on Investors: Although AiXBT’s core trading system remained safe, investor confidence was shaken, causing a significant drop in AiXBT token value.

AiXBT’s Response

After detecting the breach, AiXBT took immediate action:
✔ Blocked the compromised access
✔ Reported the hacker’s wallet address
✔ Initiated a server migration to prevent future attacks

Key Takeaways for Investors

This incident highlights the risks of AI-driven trading systems and the importance of robust security measures. Investors should thoroughly research platform security before trusting AI-based financial services.

🔗 Read the full article here: Invezz

#AiXBTSecurityBreach #Hacked #AIXBTGrowth $AIXBT
Coup d’arrêt à Taïwan contre des escrocs qui abusaient des cryptos pour blanchir 72 millions $ Blanchisserie définitivement fermée. Les arnaqueurs et escrocs en tout genre savent que le vif enthousiasme pour le secteur de Bitcoin (BTC) et des cryptomonnaies provoque parfois un manque de vigilance chez certains investisseurs trop pressés ou trop naïfs. Mais heureusement, le crime ne paie pas éternellement. À Taïwan, ce sont ainsi 14 personnes qui viennent ainsi d’être inculpées dans une affaire qui aurait fait plus de 1 500 victimes. Le montant total des fonds blanchis s’élèverait à 72 millions de dollars. #CryptoRally #Hacked #CryptoNewss #crypto
Coup d’arrêt à Taïwan contre des escrocs qui abusaient des cryptos pour blanchir 72 millions $

Blanchisserie définitivement fermée. Les arnaqueurs et escrocs en tout genre savent que le vif enthousiasme pour le secteur de Bitcoin (BTC) et des cryptomonnaies provoque parfois un manque de vigilance chez certains investisseurs trop pressés ou trop naïfs. Mais heureusement, le crime ne paie pas éternellement. À Taïwan, ce sont ainsi 14 personnes qui viennent ainsi d’être inculpées dans une affaire qui aurait fait plus de 1 500 victimes. Le montant total des fonds blanchis s’élèverait à 72 millions de dollars.
#CryptoRally #Hacked #CryptoNewss #crypto
🏴‍☠️ Los hackers de Bybit vendieron los 499,000 #ETH , y todo el proceso tomó 10 días. THORChain, el canal principal utilizado por el hacker para lavar dinero, recibió $5.9 mil millones en volumen de transacciones y $5.5 millones en comisiones. 👑 #THORChain #HackerAlert #BybitSecurityBre #Hacked $ETH $RUNE
🏴‍☠️ Los hackers de Bybit vendieron los 499,000 #ETH , y todo el proceso tomó 10 días.

THORChain, el canal principal utilizado por el hacker para lavar dinero, recibió $5.9 mil millones en volumen de transacciones y $5.5 millones en comisiones.

👑 #THORChain #HackerAlert #BybitSecurityBre #Hacked $ETH $RUNE
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#BTC #ETH #solana ⁉️💸⬇️⁉️ Don't believe the indicators are green! Mathematical analysis cannot be done in the crypto market.The market is driven by their manipulation. The #Hacked incident is a lie ... Be Careful !!! Redirection(down) continues.⁉️ Coins that I have observed and have strong indicators: ⬇️⬇️⬇️ $LTC {spot}(LTCUSDT) $PROM {spot}(PROMUSDT) $TRX {spot}(TRXUSDT) Crypto is DECENTRALIZED !!! (This is a Joke) #Decentralized #CryptoisDecentralized *Is not investment advice! The above analysis and strategies are for reference only. Please bear the risk yourself. *
#BTC #ETH #solana
⁉️💸⬇️⁉️
Don't believe the indicators are green!
Mathematical analysis cannot be done in the crypto market.The market is driven by their manipulation. The #Hacked incident is a lie ...

Be Careful !!! Redirection(down) continues.⁉️

Coins that I have observed and have strong indicators: ⬇️⬇️⬇️
$LTC
$PROM
$TRX

Crypto is DECENTRALIZED !!! (This is a Joke)

#Decentralized
#CryptoisDecentralized

*Is not investment advice! The above analysis and strategies are for reference only. Please bear the risk yourself. *
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Ανατιμητική
🔥 ШОК-ОТЧЕТ: ХАКЕРЫ АТАКУЮТ TON ЧЕРЕЗ TELEGRAM! КАК НЕ ПОТЕРЯТЬ КОШЕЛЕК Предупреждение SlowMist: Фишинговые боты в Telegram крадут анонимные номера и приватные ключи 410: За июнь 2024 украдено >$1M; Мошенники предлагают «секретные боты» и фейковые аирдропы; При краже номера Telegram аккаунт не восстановить. 🛡️Проверь свои чаты! Подписка → инструкция «Как включить 2FA для TON-кошелька» 💎Безопасность — твой щит. Купи $TON, но не дай хакерам украсть твои монеты! #TON #HackerAlert #Hacked $TON {spot}(TONUSDT)
🔥 ШОК-ОТЧЕТ: ХАКЕРЫ АТАКУЮТ TON ЧЕРЕЗ TELEGRAM! КАК НЕ ПОТЕРЯТЬ КОШЕЛЕК
Предупреждение SlowMist:
Фишинговые боты в Telegram крадут анонимные номера и приватные ключи 410:
За июнь 2024 украдено >$1M;
Мошенники предлагают «секретные боты» и фейковые аирдропы;
При краже номера Telegram аккаунт не восстановить.
🛡️Проверь свои чаты! Подписка → инструкция «Как включить 2FA для TON-кошелька»
💎Безопасность — твой щит. Купи $TON , но не дай хакерам украсть твои монеты!
#TON #HackerAlert #Hacked $TON
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Ανατιμητική
💥 🚨 Breaking News! 💥 🚨 💥BigONE Suffers $27 Million Loss in Hot Wallet Attack Seychelles‑based crypto exchange BigONE confirmed on July 16 that it lost $27 million to a third‑party security breach targeting its hot wallet. “In the early hours of July 16, BigONE detected abnormal fund movements,” the exchange stated. “Our investigation confirmed it was a third‑party attack on our hot wallet.” 💥According to the official announcement, the breach resulted in the theft of: 👉120 BTC 👉350 ETH 👉1,800 SOL 👉8.54 million USDT (across four networks) 💥Additionally, funds were stolen in eight other cryptocurrencies, including DOGE, SHIB, and CELR. BigONE says the attack path has been identified and contained. 💥 Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions. #Write2Earn #Write2Earn! #Hacked
💥 🚨 Breaking News! 💥 🚨
💥BigONE Suffers $27 Million Loss in Hot Wallet Attack Seychelles‑based crypto exchange BigONE confirmed on July 16 that it lost $27 million to a third‑party security breach targeting its hot wallet. “In the early hours of July 16, BigONE detected abnormal fund movements,” the exchange stated. “Our investigation confirmed it was a third‑party attack on our hot wallet.”
💥According to the official announcement, the breach resulted
in the theft of:
👉120 BTC
👉350 ETH
👉1,800 SOL
👉8.54 million USDT (across four networks)
💥Additionally, funds were stolen in eight other cryptocurrencies, including DOGE, SHIB, and CELR. BigONE says the attack path
has been identified and contained.
💥 Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions.
#Write2Earn
#Write2Earn!
#Hacked
·
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#bybit Bybit Hack On February 21, 2025 , Bybit, a major cryptocurrency exchange, suffered a significant hack that resulted in the theft of approximately $1.5 billion in digital assets, primarily Ethereum and related tokens. The hackers exploited a cold wallet, leading to massive withdrawals and a sell-off of Ethereum, with trading volume surging 60%.  Details of the Hack: Amount Stolen:  Approximately $1.5 billion in ETH and related tokens. Method:  The hackers used a deceptive interface to trick Bybit’s team into authorizing a malicious transaction, which altered the smart contract logic of the cold wallet. Impact:  Bybit confirmed the hack and assured users that their assets are secure and will be covered. Investigation:  On-chain analyst ZachXBT provided evidence linking the hack to the Lazarus Group, a North Korean hacker collective, and confirmed that the same wallets used in the Bybit hack were also involved in the recent Phemex breach. Market Reaction:  The crypto market reacted negatively, with Bitcoin, XRP, and Dogecoin experiencing significant drops in value. Recovery Efforts: Bybit CEO Ben Zhou stated that the exchange is solvent and can cover the loss, as all client assets are 1 to 1 backed. Efforts to recover the stolen funds are unlikely due to the nature of the hack and the rapid dispersal of assets across multiple wallets. Further Developments: The incident has raised concerns about the security of cold wallets and the potential for future attacks. Crypto exchanges and users are advised to remain vigilant and implement robust security measures. #Write2Earn #bybit #TopVoices #Hacked
#bybit

Bybit Hack

On February 21, 2025

, Bybit,

a major cryptocurrency exchange, suffered a

significant hack that resulted in the theft of approximately

$1.5 billion

in digital assets, primarily Ethereum and related tokens.

The hackers exploited a cold wallet, leading to massive withdrawals and a

sell-off of Ethereum, with trading volume surging 60%.

Details of the Hack:

Amount Stolen:

Approximately $1.5 billion in ETH and related tokens.

Method:

The hackers used a deceptive interface to trick Bybit’s team into

authorizing a malicious transaction, which altered the smart contract logic

of the cold wallet.

Impact:

Bybit confirmed the hack and assured users that their assets are

secure and will be covered.

Investigation:

On-chain analyst ZachXBT provided evidence linking the hack to the

Lazarus Group, a North Korean hacker collective, and confirmed that the

same wallets used in the Bybit hack were also involved in the recent

Phemex breach.

Market Reaction:

The crypto market reacted negatively, with Bitcoin, XRP, and Dogecoin

experiencing significant drops in value.

Recovery Efforts:

Bybit CEO Ben Zhou stated that the exchange is solvent and can cover the

loss, as all client assets are 1 to 1 backed.

Efforts to recover the stolen funds are unlikely due to the nature of the hack

and the rapid dispersal of assets across multiple wallets.

Further Developments:

The incident has raised concerns about the security of cold wallets and the

potential for future attacks.

Crypto exchanges and users are advised to remain vigilant and

implement robust security measures.

#Write2Earn
#bybit
#TopVoices
#Hacked
·
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👨‍🦱 White hat hacker intercepted $2.6 million from Morpho Labs 🚨 The well-known ethical hacker c0ffeebabe.eth has blocked the withdrawal of approximately $2.6 million worth of crypto assets stolen from the Morpho Labs decentralized finance (DeFi) protocol. Meanwhile, the Morpho Labs team has confirmed that using its application remains safe for clients. #hackers #Hacked
👨‍🦱 White hat hacker intercepted $2.6 million from Morpho Labs

🚨 The well-known ethical hacker c0ffeebabe.eth has blocked the withdrawal of approximately $2.6 million worth of crypto assets stolen from the Morpho Labs decentralized finance (DeFi) protocol.

Meanwhile, the Morpho Labs team has confirmed that using its application remains safe for clients.

#hackers #Hacked
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Gemini and Coinbase face wave of crypto scams Users are receiving mass phishing emails falsely claiming that Gemini has filed for bankruptcy, urging them to withdraw assets to a “safe” wallet. Scammers requested users to provide their seed phrase, allowing them full access to victims’ funds. ✍️ At the same time, Coinbase confirmed that one of its employees accessed customer account data without authorization. The exchange stated that user funds remain secure. #TrumpTariffs #HackerAlert #Hacked
Gemini and Coinbase face wave of crypto scams
Users are receiving mass phishing emails falsely claiming that Gemini has filed for bankruptcy, urging them to withdraw assets to a “safe” wallet.
Scammers requested users to provide their seed phrase, allowing them full access to victims’ funds.

✍️ At the same time, Coinbase confirmed that one of its employees accessed customer account data without authorization. The exchange stated that user funds remain secure.
#TrumpTariffs #HackerAlert #Hacked
🚨 Just In: Eric Council Jr Sentenced to 14 Months For US SEC X Hack Eric Council Jr., 26, of Athens, Alabama, has been sentenced to 14 months in federal prison for his involvement in a cybercrime conspiracy. The case involved the hacking of the U.S. Securities and Exchange Commission’s (SEC) official X (formerly Twitter) account. According to a statement from federal authorities, Eric Council Jr conspired with others to gain access to the US SEC’s X account by carrying out a SIM swap. On January 9, 2024, a false post was published from the account, falsely claiming the SEC had approved Bitcoin Exchange Traded Funds (ETFs). Bitcoin’s price rose quickly by more than $1,000 before falling after the SEC confirmed the post was not legitimate. Eric Council Jr pleaded guilty in February 2025 to conspiracy to commit aggravated identity theft. U.S. District Judge Amy Berman Jackson sentenced him to 14 months in prison, ordered the forfeiture of $50,000, and imposed three years of supervised release. He is prohibited from accessing the dark web or engaging in any activity involving identity fraud during the supervision period. #SEC #Hacked #HackerAlert #US
🚨 Just In: Eric Council Jr Sentenced to 14 Months For US SEC X Hack

Eric Council Jr., 26, of Athens, Alabama, has been sentenced to 14 months in federal prison for his involvement in a cybercrime conspiracy.

The case involved the hacking of the U.S. Securities and Exchange Commission’s (SEC) official X (formerly Twitter) account.

According to a statement from federal authorities, Eric Council Jr conspired with others to gain access to the US SEC’s X account by carrying out a SIM swap.

On January 9, 2024, a false post was published from the account, falsely claiming the SEC had approved Bitcoin Exchange Traded Funds (ETFs).

Bitcoin’s price rose quickly by more than $1,000 before falling after the SEC confirmed the post was not legitimate.

Eric Council Jr pleaded guilty in February 2025 to conspiracy to commit aggravated identity theft. U.S. District Judge Amy Berman Jackson sentenced him to 14 months in prison, ordered the forfeiture of $50,000, and imposed three years of supervised release.

He is prohibited from accessing the dark web or engaging in any activity involving identity fraud during the supervision period.

#SEC #Hacked #HackerAlert #US
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