Authorities in Morocco have arrested Badiss Mohamed Amide Bajjou, a Franco-Moroccan national identified as the mastermind behind a wave of violent crypto-related kidnappings in France. The arrest, carried out in Tangier, marks a significant development in a case that has shocked French law enforcement and triggered heightened security across the

June has started on a sour note for the crypto industry, with two major hacks reported within hours of each other. Combined, the incidents have resulted in over $15 million in losses, highlighting ongoing vulnerabilities in both cross-chain infrastructure and centralized exchange systems. Force Bridge Exploit Drains $3.7 Million

Cryptocurrency giant Coinbase is once again under legal scrutiny in Illinois, where a new class-action lawsuit alleges the company violated the state’s strict biometric privacy laws during its customer verification process. Filed on May 13 in the U.S. District Court for the Northern District of Illinois, the complaint

Ethereum’s latest technical advancement, EIP-7702, was designed to make wallets smarter and more secure—but cybercriminals are now turning that same feature into a tool for automated theft. Following Ethereum’s Pectra upgrade, the newly introduced smart wallet functionality is being rapidly adopted by wallet providers—and, alarmingly, by

Crypto crime is on the rise—and MEXC is sounding the alarm. The global cryptocurrency exchange reported a 200% increase in detected fraudulent activity on its platform over the past year, with India and Indonesia emerging as the most affected regions. In a May 30 update, MEXC revealed it identified

Bitcoin, long hailed as a decentralized and secure digital currency, is now facing growing criticism from security experts over the long-term sustainability of its network. According to Ethereum Foundation researcher Justin Drake, Bitcoin’s security model may be on a dangerous path—one he bluntly called a “time bomb.” The

In a move that could reshape the regulatory landscape for digital assets in the U.S., the Securities and Exchange Commission’s Division of Corporation Finance clarified Thursday that certain staking activities on proof-of-stake (PoS) blockchain networks do not constitute securities transactions. In its statement, the Division noted that “participants

Australia’s top financial regulator is taking legal action against Allan Guo, the former executive behind now-defunct cryptocurrency exchange ACX, for alleged breaches of corporate duties and mismanagement of user funds. The Australian Securities and Investments Commission (ASIC) announced civil penalty proceedings against Guo, claiming he mishandled customer assets, failed

Nearly three months after one of the largest crypto heists in history, blockchain analysis reveals that close to half of the $1.4 billion stolen from Bybit has effectively vanished. According to internal data and third-party analytics, $644 million in crypto funds has been funneled through advanced laundering tools, rendering

Cetus Protocol, a decentralized exchange built on the Sui blockchain, has confirmed that a previously overlooked bug in an open-source library was responsible for a $223 million exploit that shook the platform last week. The vulnerability, buried in the inter_mate library's checked_shlw method, stemmed from a

Coinbase is facing a class action lawsuit from shareholders who allege the cryptocurrency exchange failed to promptly disclose key information, including a serious data breach and a regulatory violation involving its UK subsidiary. The suit, filed in the U.S. District Court for the Eastern District of Pennsylvania, claims the

A notorious crypto phishing group known as Inferno Drainer has stolen nearly $150,000 in a targeted attack that exploited a newly introduced Ethereum feature—marking a concerning evolution in how scammers are using blockchain upgrades to their advantage. On May 24, web3 security platform Scam Sniffer flagged the incident,

A crypto investor in Manhattan is facing serious criminal charges after allegedly kidnapping and torturing an Italian man in a violent attempt to steal access to his cryptocurrency wallet. John Woeltz, 37, was arraigned on Saturday in Manhattan Criminal Court, a day after his arrest on charges including kidnapping for

In a major win against cryptocurrency fraud, the U.S. Department of Justice (DOJ) announced it has recovered over $3.3 million in digital assets linked to a network of online investment scams. The announcement, made on May 23, underscores ongoing efforts to disrupt cybercriminals exploiting the crypto space. A

The Sui blockchain ecosystem is facing intense community criticism after supporting a contentious $162 million recovery plan proposed by DeFi platform Cetus Protocol. The plan aims to return frozen funds following a significant security breach, but its implications for decentralization have sparked deep concern among blockchain advocates. On May 21,

In a significant move to combat cryptocurrency fraud, the U.S. Department of Justice (DOJ) announced the recovery of over $3.3 million in digital assets linked to sophisticated online investment scams. The crackdown reflects a broader effort by U.S. authorities to track and dismantle illicit crypto networks that

Cetus Protocol, a decentralized exchange built on the Sui blockchain, is offering a $6 million “white hat” bounty to the hacker behind a massive $223 million exploit that rocked the platform earlier this week. The DEX hopes to recover stolen user funds, especially the portion bridged to Ethereum, by making

Coinbase, one of the world’s largest cryptocurrency exchanges, has confirmed a security breach involving the unauthorized access of user data—triggered not by external hackers, but by a group of rogue support contractors overseas. The attackers demanded a $20 million ransom, but Coinbase refused, choosing instead to fight back

Curve Finance, one of the largest protocols in decentralized finance (DeFi), has reportedly fallen victim to a DNS hijack, prompting urgent warnings from its team and disrupting related services across the DeFi ecosystem. In a public alert shared via X (formerly Twitter), the Curve Finance team advised users to immediately

In the latest reminder of persistent security risks in the crypto industry, the official ZKsync account on X (formerly Twitter) was briefly compromised to promote a fraudulent token airdrop. The unauthorized post, which circulated for around 15 minutes before being taken down, falsely claimed that all followers were eligible to

In a stark reminder of the growing sophistication of cyber threats, a cryptocurrency user recently lost over $20,000 after Google Chrome’s address bar suggested a malicious lookalike website. The scam, which exploited a method known as a Punycode phishing attack, demonstrates how subtle technical tricks can have costly

A newly discovered security flaw in blockchain interaction protocols is sending shockwaves through the crypto community. Experts warn that the vulnerability could allow hackers to hijack transactions or steal seed phrases, potentially putting millions in digital assets at risk. In the fast-evolving world of cryptocurrency, user experience often takes center

Cybercriminals have ramped up their efforts to exploit the cryptocurrency ecosystem, with a newly uncovered malware campaign now targeting users of popular crypto wallets Atomic and Exodus. According to cybersecurity firm ReversingLabs, attackers are leveraging open-source software repositories—specifically Node Package Manager (NPM) and SourceForge—to distribute malware designed to

A 25-year-old Alabama man, Eric Council Jr., has pleaded guilty to charges related to the January 2024 hack of the U.S. Securities and Exchange Commission's (SEC) X account. The hack resulted in a fake post falsely announcing the approval of spot Bitcoin exchange-traded funds (ETFs), causing a

Proton, the Swiss company renowned for its privacy-focused services like Proton Mail and Proton VPN, has officially launched its self-custodial Bitcoin wallet to all users. After a successful early access program, the Proton Wallet is now available on iOS, Android, and web, aiming to make Bitcoin ownership and transactions more