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Also: Chinese Firms Indicted in Crypto-Linked Fentanyl Supply CaseThis week, charges filed in Uranium Finance hack, indictment of Chinese firms in fentanyl supply case, a class action lawsuit against Nvidia, Drift Protocol exploit, KuCoin operational barriers in the United States and a U.K. sanction filed against Xinbi.
Also: IoTex Bridge Exploit Linked to Private Key BreachThis week, Step Finance shuts down, IoTeX bridge exploit, Russia-linked exchanges help evade sanctions, Australian charged in $3.5 million scam, a hacker returned $21 million in seized bitcoin to South Korean prosecutors and Malaysia arrested 12 police officers in an extortion case.
Also: US Sanctions UK-Registered Exchanges Over Iran TiesThis week, Step Finance and CrossCurve hacks, the United States sanctioned U.K.-registered exchanges over Iran ties, forfeiture finalization of funds linked to Helix, Coinbase data breach, 2025's illicit crypto flows and a UK regulator banned Coinbase ads.
Also: $7M Saga and $5M Makina Finance ExploitsThis week, South Korea dismantled a $102 million money laundering ring, Saga paused SagaEVM after a $7 million exploit, Makina Finance lost $5 million, a Utah man sentenced to three years for fraud and illegal cash conversion and a software flaw let traders win ethereum transaction auctions for free.
Bitcoin bridge biz offers 10 percent reward to attackers if they play nice Blockchain company Garden admits it was compromised and temporarily shut down its app after approximately $11 million worth of assets were stolen.…
Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.
The U.S. Justice Department has charged a Canadian man with stealing roughly $65 million after exploiting two decentralized finance (DeFI) protocols. [...]
The North Korean Lazarus hacking group exploited a Google Chrome zero-day tracked as CVE-2024-4947 through a fake decentralized finance (DeFi) game targeting individuals in the cryptocurrency space. [...]
Exposed Kubernetes (K8s) clusters are being exploited by malicious actors to deploy cryptocurrency miners and other backdoors
The decentralized finance (DeFi) platform was the victim of an exploit for a partner's vulnerable code — highlighting a challenging cybersecurity environment in the sector.
The U.S. Federal Bureau of Investigation (FBI) is warning investors that cyber criminals increasingly exploiting security vulnerabilities in Decentralized Finance (DeFi) platforms to steal cryptocurrency. [...]