A new FBI report released on Monday has revealed that investors have lost a record-breaking $5.6 billion to crypto-related financial crime in 2023, a sharp increase of 45% from the previous year.
According to the most recent CertiK Web3 Security Report, there has been a significant loss of $1.19 billion due to security incidents on blockchain in the first half of 2024.
Binance is allegedly aiding in the investigation of a malicious attack on Turkey’s BtcTurk exchange, which resulted in over $5 million in stolen funds being frozen.
A recent report from blockchain security firm Immunefi revealed a 12% decrease in losses from fraud and hacks in the crypto industry compared to the previous year.
According to Bitfinex’s Chief Technology Officer Paolo Ardoino, claims spread on social media that the exchange was targeted in a large-scale data breach by the hacking group FSOCIETY on April 26 are not true.
Despite sanctions against Tornado Cash, North Korea’s Lazarus Group has returned to using the crypto mixer to launder stolen funds from hacks.
On February 28, two wallets linked to the coins seized in the Bitfinex hack case were found to have made multiple transfers to unidentified addresses.
